Not just juniors and mid-level employees, but even senior employees saw their average learning hours increase in FY24, the IT bellwether disclosed in its annual report for FY24.
The development comes close on the heels of TCS doubling its generative AI projects pipeline to $900 million. Interestingly, senior female employees have been putting in more hours to learn than their male counterparts for the last four years, as per the annual report.
While junior male employees at TCS clocked an average of 126 learning hours last fiscal, female junior employees clocked an average of 115 learning hours in the same period. In the case of middle level employees, male and female spent 57 and 51 hours, respectively. And in the senior level, male employees and female employees clocked 49 and 54 learning hours, respectively.
TCS also continued its focus on leveraging internal talent through upskilling and cross-skilling for growth opportunities. In FY24, 33% of job requirements were fulfilled through grooming its internal talent.
The company was not available for comment beyond what is stated in its annual report.
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While the percentage of employees above 50 years saw a marginal rise in the last fiscal, the percentage of TCS employees in India aged below 30 dropped from 59% in FY22 to 53% in FY23 and then 50.3% in FY24. “In FY 2024, TCSers logged 51 million learning hours, and acquired nearly 5 million competencies,” K Krithivasan, chief executive and managing director of TCS, said in his letter to shareholders in the annual report of FY24. “A culture of lifelong learning and innovation, by closely linking learning with careers and rewards, has placed us as the global top employer for the 9th consecutive year, across 32 countries – placing us as one in only 16 organisations worldwide to achieve this status.”
TCS Elevate – the company’s pioneering programme linking learning to career growth and reward – covered over 423,000 employees. More than 35,200 employees were identified as high talent and saw an increase in their compensation, the company said.
