Why are so many employees leaving TCS

Frankfurt, February 13, 2019

Tata Consultancy Services (TCS) was named Germany's best employer by the independent Top Employers Institute. In the ranking of the best employers in Germany, TCS has always been in the top group for the past three years. In general, TCS has been certified as a Top Employer for the seventh time in a row.

TCS receives the seal of quality for employers because of the excellent working conditions and support provided by employees. This includes training opportunities, for example for digital technologies or agile methods. TCS also offers a one-year trainee program for young professionals. After preparing in Germany, the participants complete several months of training in India as part of the program. After their return, the participants choose between customer projects in Germany or other European countries.

Due to the excellent results in the more than 100 customer projects, the employees are a decisive factor for the success of the company in Germany. TCS is experiencing strong growth and was also awarded the highest customer satisfaction rating as an IT service provider in an independent survey of 150 board members, managing directors and executives.

"Our customers rely on the advice of our employees and their expertise to drive their own digital transformation forward," says Frank Karcher, Head of HR at TCS. “The award as Germany's best employer is an obligation and an incentive for us to continuously strengthen our focus on employees and to offer further training and development opportunities. The satisfaction and qualification of our employees is crucial in order to deliver great results to our customers. "

With the annual survey, the Top Employers Institute recognizes leading employers from all over the world who undergo a strict assessment of their personnel processes and structures. The Top Employers Institute has recognized TCS as a leading employer in a total of 15 countries, including Great Britain, Belgium, the Netherlands, Canada and the USA.

TCS employs more than 417,000 people worldwide. The proportion of women is over 35 percent. As part of internal training, over 292,000 employees have completed training courses for digital technologies, and over 318,000 for agile development methods.

"We believe that all companies certified in 2019 have exceptional employee conditions," said David Plink, CEO of the Top Employers Institute. "By placing the development and advancement of their employees at the center of their business activities, the top employers make a decisive contribution to the sustainable design of the working world and are rightly referred to as employers of choice."

As an independent certification company, the Top Employers Institute evaluates companies in various areas of human resources. These include talent strategy, personnel planning, talent acquisition, onboarding, training & development, performance management, leadership development, career and succession planning, compensation & benefits and corporate culture. More information is available online: www.top-employers.com/de.

Tata Consultancy Services Deutschland GmbH

Tata Consultancy Services (TCS) has been active in Germany and Austria since 1991. With locations in Frankfurt, Düsseldorf, Hamburg, Munich, Stuttgart, Walldorf and Vienna, the company works for over 100 customers, including 17 companies from the DAX 30 stock index. Since 2008, TCS has been operating a regional delivery center in Düsseldorf. From the data center in Frankfurt, TCS offers a complete portfolio of cloud solutions for the local market. According to a study by the independent Whitelane Research institute, TCS is the IT service provider with the highest levels of customer satisfaction in Germany. The company is also certified as a 'Top Employer'. Further information: www.tcs.com/de

Tata Consultancy Services Ltd.

Tata Consultancy Services has been a partner of global companies for IT services, consulting and business solutions for 50 years. TCS offers an integrated and advisory portfolio including cognitive solutions for business, technology and development services. Agile methods are the standard at TCS and the location-independent delivery model is a benchmark for software development.

As part of the Tata Group, India's largest multinational group, TCS employs over 417,000 people in 46 countries. The company had sales of 19.09 billion US dollars in the past fiscal year (as of March 31, 2018). It is listed on the BSE (formerly the Bombay Stock Exchange) and NSE (National Stock Exchange) in India. More information: www.tcs.com

Contact Person

Christoph Weissthaner

Email: [email protected]

Phone: +49 152 22 52 13 30