TCS nextstep to check fraud

Software exporter Tata Consultancy Services (TCS) will make its hiring process completely digital. The move is aimed at curbing the increasing number of cases being reported where fraudsters misuse names of big corporations on the pretext of giving aspirants jobs and later duping them.

The company will make hiring process completely digital with its online recruitment portal, NextStep. TCS currently has a tie up with over 450 institutes across the country. “This has also allowed us to prevent fraud and curb the cases of fake offer letters people have been given in exchange for money,” Ajoy Mukherjee, EVP and global head, Human Resources at the software giant told reporters here.

After being provided the reference from campus recruitment officers, students will be able to register in the site and then be evaluated through a testing tool. The test will include technical and communication skills, he said. Students will be enabled to apply to the company and even receive joining letters. “After the scores are evaluated, the candidate goes through an interview, which is the only manual phase that we currently have,” Mukherjee said.

This will be part of their off campus hiring process. The move comes as part of their ‘need based revision’. Their off campus hiring has not been carried out for a few years, he said. The company is also aiming at 25,000 trainers by FY15.

The company also said that it will hire 5,000 more people than the earlier commitment of offering employment to 45,000 people this fiscal.

TCS reported a net addition of 7,664 employees and a gross addition of 17,362. Their utilisation stood at 83.4 per cent when compared to 73.7 per cent at Infosys. But its  rate of attrition remained high at 9.9 per cent in IT and 16.3 per cent in their BPO business. But the figure is on the lower side compared to Bangalore-based IT exporter Infosys, which stood at 17.3 per cent.