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TCS increases working hours and gives VA cut again

TCS – TATA Consultancy Services, has gone too low in these times not only in terms of Revenues but also in its HR values and ethics.  TCS is not  exactly a IT role model it has always used tactics to circumvent many laws and also extract more out of employees.

There was a time when TCS used to steal employees Tax refunds and was sued in US, only  then it  started giving back the money, So you know how much values count in this company. During the profitable times TCS never made company performance related VA component. But once its revenues started getting lower now it has started reducing the VA.

(VA – Variable allowance, a part of salary up to 25-50% which is supposed to be dependant on company’s performance and individuals performance)

TCS has become cash cow for TATA group, and funded some of the misadventures like Corus, Jaguar Purchases. Thats why the employees of TCS are suffering with paycuts increased working hours.  Many have jokingly said TATA Motors is launching TATA Nano at the expense of TCS.

The funny part about making employees working more hours is there are thousands of employees in Bench (means without projects / unallocated to any project) and the ones working in projects are getting crushed with more work (As projects released many associates to bench to show better revenues from individual projects). This is the result of greed of Managers,BRMs and GLs.All the managers want to save their positions and present a rosy picture to upper management, in turn crushing the developers and making them work for more hours.

I bet the cream or even mediocre employees now will look to jump to better managed companies as soon as opportunity presents to them. Most of the people who were loyal to TCS till now might think otherwise going forward.

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TCS recalls its BRMs and All non billable staff from US

It  is confirmed that TATA Consultancy Services has called back all its BRMs (Business Relationship Managers) who are in charge of creating new business oppurtunities in US and other regions outside India. This position has become a liability to the company during the tough economic times. Though their pay is not very high, the benefits they enjoy is huge.

The same goes with Project Leader positions in Onsite locations, most of the PL positions in client locations are funded by TCS and hence TCS looks to move these positions back to India. Though the recall maynot cover every BRM/PL but it should cover most of them.

The status of other non billable positions like PMO, (Project Management Office team), HR and MATC is not known. But there will be lots of chaos in the onsite ranks of TCS in the coming weeks.

The cutoff date for this movement has been announced as first week o February. This was confirmed by a mail from CEO to middle management and upper management.

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TCS sues employees quitting on deputation

Many employees who have quit TATA Consultancy Services over the past few years have received legal notices to both their Indian and US/UK addresses. The notice demands them to pay up the amount specified in their legal bond or face legal prosecution.

Many who quit TCS are in jitters in US. There are many forums cropping up about the complaints of many ex-TCS employees, and TCS lagal notice.

Many employees who come to US on deputation with TCS and other Indian IT firms either on H1B or L1B quit without following the legal agreements they signed with their respective companies. The companies were losing lots of revenue and experience due to these employees.

Now during tough times in US job market, TCS wants to show that its not a good idea to quit companies just as you wish.Atleast legal notices will serve as warning to employees who are planning to quit or jump to other companies while on deputation.

But the employees who quit TCS breaking legal bonds should be in position to pay bond breakage terms, after all they quit for better pay.