After 6 yrs, TCS to revise rates for staffing firms
Hindustan Times|October 25, 2023
Tata Consultancy Services (TCS) Ltd is revising the rates it pays to about 1,000 staffing firms for every engineer deployed, the first such revision by India’s largest information technology (IT) services company in the past six years.
Devina Sengupta, Varun Sood
After 6 yrs, TCS to revise rates for staffing firms

The Mumbai-based company communicated to the staffing firms last month that the new pricing structure for engineers, depending on the skill sets, will be effective from January, according to two executives privy to the development.

“The vendor contracts get renewed every September/October and are valid for a year. However, TCS informed us that our existing contracts will apply until December (of this year), and a new one will come into effect in January," said an executive at a staffing firm on the condition of anonymity as discussions are private.

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