Tata Consultancy Services Becomes First IT Company to Announce Salary Hike for FY 21-22

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Tata Consultancy Services

Tata Consultancy Services

According to the report, this would be the second salary hike which the TCS would carry out within a period of six months. The last year’s increment cycle got delayed due to the Covid-19 pandemic.

  • News18.com New Delhi
  • Last Updated:March 19, 2021, 17:58 IST
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India’s largest IT services company Tata Consultancy Services (TCS) on Friday announced a pay increment to all its associates for financial year 2021-22. It would come into effect from April 2021.

“This step is a reflection of our steadfast commitment to our associates,” Moneycontrol quoted a TCS spokesperson as saying.

In a statement, the company said, “We can confirm that we are on track to give increments to all associates across our geographies effective April 2021, in line with our benchmarks.”

According to the report, this would be the second salary hike which the TCS would carry out within a period of six months. The last year’s increment cycle got delayed due to the Covid-19 pandemic.

The company’s employees will get nearly 12-14 per cent average salary hike as per the company norms, Moneycontrol quoted sources as saying. As per the regular promotion cycle, TCS will also continue to offer promotions to its employees.

On March 18, IT and professional services company Accenture said it will give one week of base pay as one-time bonus to all employees for their contribution during the challenging year. The move will benefit around 2 lakh employees the company has in India.

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Velammal Group of Engineering Colleges, Chennai & Madurai – Placement Highlights (2017-21 batch) – Recruitment Still-in progress

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Campus Hiring Process for 2017-21 batch started during COVID times in March 2020 with Product Companies like CODA Global, Amazon India, ZOHO Corporation, Fresh Works, Prodapt, Kaar Technologies, Vuram Technologies, Global Analytics & few more Product companies which offers above 6.50 Lakhs per Annum salary visited us & they hired close to 100+ students.
Service Companies like Cognizant Technology Solutions, Wipro Technologies, Infosys Limited, Tata Consultancy Services, Accenture, MindTree, Hexaware Technologies, NewGen Software, Excelacom Technologies, Sify Technologies visited us in December 2020 & they hired close 900+ students

The entire hiring process happened virtually & the students were also trained to take up virtual interviews by our In-house & external training teams for a period more than 5 months.

Major Recruiters with number of offers

Cognizant Technology Solutions – 271

Wipro Technologies – 232

Tata Consultancy Services – 162

Infosys Limited – 125

Accenture – 50

MindTree – 32

ZOHO – 27

Vuram Technologies – 18

Prodapt – 17

Sify Technologies – 15

Kaar Technologies – 12

Hexaware Technologis – 10

CODA Global – 8

Total Number offers – 1032

Highest Package – 17.00 Lakhs per Annum by Amazon India

Average Salary – 4.60 Lakhs per Annum

Velammal Engineering College

College Code: 1120

www.velammal.edu.in

  • Established in 1995
  • Autonomous since 2019
  • NBA Accredited
  • NAAC Accredited
  • ISO Certified

Major Achievements (2019-20)

  • 90.36 Pass %
  • Ranking No.2 (As per Anna University Results)
  • 232.97 Lakhs funded Projects
  • 199 Paper Publications
  • 2 Patents received
  • 87.56 Placement %
  • 758 Offers
  • 160 Companies visited
  • 99 IT & Product companies visited
  • 61 Core Companies visited
  • 10.50 LPA – Highest Salary
  • 4.54 LPA – Average Salary

Courses offered

  • B.E – Computer Science & Engineering
  • B.E – Electronics & Communication Engineering
  • B.E – Electrical & Electronics Engineering
  • B.E – Mechanical Engineering
  • B.E – Electronics & Instrumentation Engineering
  • B.Tech – Information Technology
  • B.Tech – Artificial Intelligence & Data Science
  • B.E- Civil Engineering
  • B.E – Automobile Engineering
  • Master of Business Administration
  • M.E – Computer Science & Engineering
  • M.E – Power System Engineering

For Admissions Contact:

Dr.N.Duraipandian, Principal, 9123547591

Dr.K.Suresh Kumar, Admission In-Charge, 9123547550

Ms.Brindha, Admission Co-Ordinator, 8667616832

Velammal College of Engineering & Technology

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College Code: 5986

www.vcet.ac.in

  • Established in 2007
  • Autonomous Since 2021
  • NBA Accredited
  • NAAC Accredited
  • ISO Certified

Major Achievements (2019-20)

  • 87.03 Pass %
  • Ranking No.7 (As per Anna University Results)
  • 73.49 Lakhs funded Projects
  • 102 Paper Publications
  • 7 Patent received
  • 80.84 Placement %
  • 370 Offers
  • 160 Companies visited
  • 99 IT & Product companies visited
  • 61 Core Companies visited
  • 10.50 LPA – Highest Salary
  • 3.99 LPA – Average Salary

Courses offered

  • B.E – Computer Science & Engineering
  • B.E – Electronics & Communication Engineering
  • B.E – Electrical & Electronics Engineering
  • B.E – Mechanical Engineering
  • B.Tech – Information Technology
  • B.E- Civil Engineering
  • M.E – Computer Science & Engineering
  • M.E – Power System Engineering

For Admissions Contact:

Dr.N.Suresh Kumar, Principal, 9443867923

Ms.Maliga, Manager, 9944152999

Velammal Institute of Technology, Chennai

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College Code: 1237

www.Velammalitech.edu.in

  • Established in 2008
  • NBA Accredited
  • NAAC Accredited
  • ISO Certified

Major Achievements (2019-20)

  • 87.90 Pass %
  • Ranking No.4 (As per Anna University Results)
  • 69.37 Lakhs funded Projects
  • 144 Paper Publications
  • 14 Patent received
  • 88.20 Placement %
  • 253 Offers
  • 160 Companies visited
  • 99 IT & Product companies visited
  • 61 Core Companies visited
  • 10.50 LPA – Highest Salary
  • 3.57 LPA – Average Salary

Courses offered

  • B.E – Computer Science & Engineering
  • B.E – Electronics & Communication Engineering
  • B.E – Electrical & Electronics Engineering
  • B.E – Mechanical Engineering
  • B.E – Mechatronics Engineering
  • B.Tech – Information Technology
  • B.Tech – Artificial Intelligence & Data Science

For Admissions Contact:

Dr.S.Soundararajan, Principal, 9841355782

Mr.Balamurugan, HoD (Science & Humanities) & Admission In-Charge, 9087644626

Disclaimer: Content Produced by Velammal Education Trust



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