28000 additional slaves for TCS this year

TCS always hired in bulk numbers – in the year 2017 TCS hired ~20,000 grads while in the year 2016 they hired 35,000 grads and in the year 2015, they hired 40,000 grads.

In 2018 TCS is planning on hiring 28000 more grads from a pool of 2.7 lakh candidates from 1,800 engineering colleges; 50,000 were shortlisted for interview. Earlier, TCS hired new graduates from about 400 colleges through campus interviews.

Here the primary issue is the vast reserve army of unemployed engineers. TCS is able to choose 1 engineer from 10 candidates. The government policy of more and more private (for profit) engineering colleges led to feeding India’s youth to the IT companies at lower and lower salary. More graduates competing for jobs leads to lower salary for everyone.

Out of this year’s 28000 grad hires, TCS hopes to offer 1000 grads into its digital (whatever that is) business with starting pay of 6L/PA which is still significantly lower than minimum wage for a skilled IT employee – which is ~12L/pa.

Essentially, these grads have no option but to take whatever TCS offers, and so the employers takes leverage of the poor to their advantage, even though they can pay more, as there are no Govt policies minimum salaries for skilled.

What if the government planned to match supply with demand and TCS has only 30,000 applications for 28,000 posts? The company will be forced to pay higher salary (Rs 10 L per annum?).

What about the rest? They should have been provided opportunities in other fields.

In effect, GoI created conditions for the corporates to cheat thousands of crores of salary from engineering graduates (and make India poorer) for giving low cost service to western clients.

When an entry level skilled employee gets paid 3.3L/pa year since 2001 till date, it is essentially slavery. Please note that 3.3L back in 2001 is equivalent to ~12 L/pa in current day terms. You may refer :
TCS Makes India Poorer in Favour of Foreign Companies to learn how TCS is pushing India back into poverty year on year by paying the same amount of salaries. And that’s how the slavery starts and creeps up through the ladder to all levels of all IT organizations.

Here are some definitions of slavery based on Collin’s dictionary:

“A condition of submission to or domination by some influence”

“Work done in harsh conditions for low pay ”

“A civil relationship whereby one person has absolute power over another and controls his or her life, liberty, and fortune”

In 1650 white man came to India and made Indian slaves so he could prosper himself. This prevailed until IInd world war after which the white man left countries like India and went home.

In 1600s white man started buying people from Africa and building a nation which turned out to be USA. The situation prevailed until the likes of Abraham Lincoln stood up and changed the situation.

In 1950s white man stayed home and asked the slaves to stay back their homes but laid an internet cable between. The slavery changed from Version 1 to V3.0 but the slavery prevailed. People like Tatas, Premji and Narayanans helped the slavery and made significant riches for themselves by being the middlemen for online slavery.

– Prasanth

Permanent link to this article: http://new-democrats.com/28000-additional-slaves-for-tcs-this-year/

8 comments

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    • Shyamsundar on October 27, 2018 at 4:59 pm
    • Reply

    If we complain for everything, what we want here. People who got offer are happy with offer. How can we say newly joining people as slaves here. If my brother/sister got offer, what author is saying. He can or cannot accept the offer. If we complaim companies giving jobs, we will not get anything. The initial job package has to be increased is what this article to convey, to a certain extent i agree. This content is not correct as per me

      • Kasirajan on October 28, 2018 at 12:58 am
      • Reply

      Solution

      1) We can ask to reconsider TCS offered IT fresher employees to reconsider TCS offer and opt to join other organisation which respects employees and organisations which value organisation and no layoff shout,

      Why to choose Layoff companies when there are good companies in IT world.

      கனியிருப்ப காய் கவர்ந்தற்று

      We have good companies on this layoff world. ie.. Paypal, HCL (far better after Landmark judgment), Capgemini, Oracle, Mindtree, zoho etc
      We haven’t got any noise for last 1 year from lot of organization.

      2) You are a valued employee by TCS but choose companies like goldman sachs, Oracle,Ford, Fidelity,microsoft which provide 5.5-8 lakhs for initial offer for fresher.

      3) IT companies formed cartel to keep entry-level salary low: TV Mohandas Pai

      Read more at:
      //economictimes.indiatimes.com/articleshow/62266919.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

    • Kasirajan on October 28, 2018 at 12:55 am
    • Reply

    IT companies formed cartel to keep entry-level salary low: TV Mohandas Pai

    Read more at:
    //economictimes.indiatimes.com/articleshow/62266919.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

    • Kasirajan on October 28, 2018 at 12:57 am
    • Reply

    Solution

    1) We can ask to reconsider TCS offered IT fresher employees to reconsider TCS offer and opt to join other organisation which respects employees and organisations which value organisation and no layoff shout,

    Why to choose Layoff companies when there are good companies in IT world.

    கனியிருப்ப காய் கவர்ந்தற்று

    We have good companies on this layoff world. ie.. Paypal, HCL (far better after Landmark judgment), Capgemini, Oracle, Mindtree, zoho etc
    We haven’t got any noise for last 1 year from lot of organization.

    2) You are a valued employee by TCS but choose companies like goldman sachs, Oracle,Ford, Fidelity,microsoft which provide 5.5-8 lakhs for initial offer for fresher.

    3) IT companies formed cartel to keep entry-level salary low: TV Mohandas Pai

    Read more at:
    //economictimes.indiatimes.com/articleshow/62266919.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

    • Kasirajan on October 28, 2018 at 1:00 am
    • Reply

    Because TCS is the first one to do open Layoff by letter to employees in Indian IT industry.

    Respect IT employment but not slave TCS culture and choose layoff less organisation.

    TCS is offering to showcase headcount and can layoff if projects are failing to deliver.

    TCS is not doing philanthropy but can bill based on Mass numbers by Monopoly logic..

    • Kasirajan on October 28, 2018 at 1:02 am
    • Reply

    ரோஷம் வரணும்னா CTS 200 executive deadwood Raj Mehta Commentku செத்தே போய் இருக்கனும் .

    இந்த அடிமை எனும் வார்த்தைகள் IT fresherku ஒரு தெளிவை கொடுக்கும் .

    Slave endru ஏன் சொல்கிறார்கள் என்று யோசிப்பார்கள் …

    முக்கியமாக LAYOFF பயம் என்றால் என்ன என்று தெரியும் .?

    நாளைக்கு பிரச்னை வரும் எனும் போது இன்றே அதை பற்றி இன்றே பயத்துடன் Layoff விவாதிக்க தொடங்குவார்கள் .

    High salary is a risk …and Liability for IT organization

    மாடு பால் கறக்க வில்லை எனில் அடிமாடு . – OLD employees fate…

    Everyweek TN have 25-30 suicides in IT industry……still to this week…

    IT employees நாமளும் டெல்லி – விவசாயிகள் போல கோவணம் கட்டி பிரச்சாரம் செய்யும் நிலைக்கு தள்ளப்படுவோம் .

    • Shyamsundar on October 28, 2018 at 8:52 am
    • Reply

    I will write details on oracle layoff soon and employees contacted from Oracle. There are news of layoff in innautix. We see what happened in Verizon already. Big MNCs and no news reached us does not mean there are no layoff.

    • Ramana on October 31, 2018 at 11:26 am
    • Reply

    @Shyamsundar ji.. it is possible Oracle or every other IT company in India bad.

    In fact it is only possible because the leader (TCS) is setting the trend of layoffs , bad salaries etc.

    When the salaries of entry level employees do not change since 2001, it is essentially slavery. They do give jobs, but at the same time exploit them from becoming prosperous.

    They point is they could get away with paying extremely low.. govt lets them do so by not setting minimum wages for skilled engineer. After getting educated, the skilled engineer can not move to making tea (which is much more profitable than being employed with TCS)

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