Monday, January 21, 2008
Search Site:
Home | About Us | Contact Us | Archives | Feedback | Career Avenues
News
National
State
District
City
Business
Foreign
Sports
Comments
Edit Page
Panorama
Net Mail
Your Take
Infoline
In City Today
HelpLine
Daily Almanac
Festivals of India
Weather
Leisure
Crossword
Horoscope
Year 2008
Weekly
Daily Astrospeak
Calendar 2008
Pearls of Wisdom
"A revolution is impossible without a revolutionary situation; furthermore, not every revolutionary situation leads to a revolution."
- Vladimir Lenin
Supplements
Metro Life - Mon
Movie Reviews
DH Avenues
Cyber Space
Metro Life - Thurs
Economy & Business
Metro Life - Fri
Open Sesame
Metro Life - Sat
Living
DH Realty
Fine Art / Culture
Articulations
Entertainment
Science & Technology
Spectrum
Sportscene
She
Sunday Herald
Reviews
Book Reviews
Hi Life
Art Reviews
DH Education
ENGLISH FOR YOU
Bangalore IT.in
Dasara dazzle
Columns
Kuldip Nayar
Khushwant Singh
N J Nanporia
Tavleen Singh
Swami Sukhabodhananda
Bittu Sehgal
Suresh Menon
Shreekumar Varma
Movie Guide
Ad Links
Deccan
International School
Real Estate Properties in Bangalore
Deccan Herald
Now Available
Globally
in Print Format
Others
About Us
Subscription

Send your Suggestions / Queries about the Website to the
Webmaster


To send letters to Editor :
Letters to Editor

You are welcome to post your letters/responses to NETMAIL here.

For enquiries on advertisements :
Contact Us

Deccan Herald » Business » Detailed Story
Employee productivity dips
Top 3 IT cos hires touch over 57,000
New Delhi, PTI:
India's three biggest IT firms, TCS, Infosys and Wipro, together added 57,554 people to their payrolls in 2007, but rising staff costs coupled with impact of rupee rally and turmoil in the US economy affected their average employee productivity.

The three have reported surge of 20-25 per cent in their collective third quarter profit and revenue in the current fiscal, but when compared in terms of turnover per employee, only Wipro could improve its performance from year-ago level.

Marginal drop
The average turnover per employee for the three companies dropped marginally to Rs 5.75 lakh in October-December 2008 quarter, from Rs 5.79 lakh in the year-ago period.

Wipro’s average turnover per employee rose to Rs 6.80 lakh in the third quarter of this fiscal, from Rs 6.13 lakh in the year-ago quarter. However, TCS and Infosys recorded a dip in their average turnover per employee to Rs 5.58 lakh and Rs 4.99 lakh, from Rs 5.85 lakh and Rs 5.35 lakh respectively.

The average per employee net profit of the three companies also declined to Rs 1.23 lakh in the latest quarter from Rs 1.30 lakh in year-ago period. The combined net profit of three companies rose 19.1 per cent to Rs 3,411.67 crore from Rs 2,864.50 crore a year ago. Their total revenue rose 25.4 per cent from Rs 12,679.73 crore to Rs 15,904.18 crore during the quarter under review.

The total employee strength of the three firms stood at 2,76,662 people at the end of December 2007, against 2,19,108 on December 2006. The headcount of TCS rose to 1,08,229 employees in 2007, up from 83,500 at the end of the previous year. The net addition of 24,729 employees at TCS represents the highest among the three companies.

comment on this article
Other Headlines
RBI will retain rates: bankers
A mega property show soon to unfold in City
Toyota recalls 20,000 Innovas
Top 3 IT cos hires touch over 57,000
MFs stay muted to RPL float
PM panel sees fall in flow of FII funds
Ad Links
Flowers to India , Gifts to India
Flowers to Trivandrum , Bhopal , Kanpur, Mangalore, Patna, Vadodara, Amritsar
Gifts to India , Flowers to Bangalore India
India Flowers - Dehradun Hyderabad Kolkata Gurgaon Punjab
Flowers to Bangalore, Chennai, Hyderabad, Delhi, Mumbai, Pune Kolkata.
Send Flowers, Cakes, Chocolate, Fruits to Pune.
Flowers to India , France , Japan, Germany, Hong Kong, Singapore, Mexico, USA
Flowers to India , Mumbai , Pune, Delhi, Chennai,
Your Life Partner? Get personalized proposals daily. Thousands of New members with Photo Profiles. Profession,Religion, Community searches & more. Register FREE!
Copyright 2007, The Printers (Mysore) Private Ltd., 75, M.G. Road, Post Box No 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523
click here