Welcome to CorporateToFinance.com, In this article we will discuss about the most asked topic TCS Fresher Salary, By unveiling different Profile offered by Tata Consultancy Services (TCS) to the fresher employees. The information provided in this article, is collected by different employees and other sources, to show a better understanding we have represented the Salary Structure in Tabular data.
This article provides you detailed CTC as well as monthly In-hand salary structure of each Fresher profile in TCS like TCS Ninja, Digital and Smart hire.
Table of Contents
Disclaimer:
The information presented in this article is gathered from a variety of official and unofficial sources. While efforts have been made to ensure accuracy, the information may not be 100% precise as it represents potential data. Actual figures and details may vary in specific cases. Readers are encouraged to verify information independently for a comprehensive understanding.
Different brackets of TCS Fresher Salary
Tata Consultancy Services is one of the Mass Recruiters in not only India but Also in the region of Europe as well. As per the data, TCS hires somewhere around 30,000 to 50,000 Employees every year, maintaining their Company strength of 5lakhs to 6lakhs active employees.
TCS is committed to rewarding fresher candidates by considering factors like skills, educational background, and talent. Monetary benefits are tailored to reflect these criteria. Building on that principle, TCS offers a variety of profiles to freshers, each accompanied by distinct monetary compensations, outlined as follows:
- TCS Ninja Hire
- TCS Smart Hire
- TCS Digital Hire
- TCS Innovator
TCS Ninja Hire:
This is the most offered profile by TCS to freshers. TCS ninja is a profile that are given to Graduates/Post Graduates B.E./B.Tech, MBA, MCA or other equivalent graduates of any branches.
TCS Fresher Salary for Ninja profile can be anticipated ranging from ₹3.15 to ₹3.6 LPA.
Below is a salary structure of average TCS Fresher Salary of Ninja Profile:
TCS Ninja Salary
| Earnings | Amount | Deduction | Amount |
|---|---|---|---|
| Basic Pay | ₹14,800 | Provident Fund | ₹1,776 |
| House Rent Allowance | ₹7,400 | Professional Tax | ₹200 |
| Leave Travel Allowance | ₹1,233 | ||
| Miscellaneous | ₹910 | ||
| City Allowance | ₹1,100 | ||
| Performance Pay | ₹1,900 | ||
| Night Shift Allowance (If applicable) | ₹1,800 | ||
| Total Gross | ₹29,143 | Total Deductions | ₹1,976 |
| Net Pay | ₹27,167 | ||
This sums to Annual In hand income of ₹3,26,004
TCS Digital Hire:
The TCS Digital profile stands out as the most sought-after and anticipated choice among new joiners due to its promising career prospects and enhanced monetary benefits within the organization. A notable portion of high-performing individuals in the TCS Ninja Hiring process is extended offers for the TCS Digital Profile.
TCS Fresher salary for Digital profile typically falls within the range of ₹7.1 to ₹7.5 LPA.
Below outlines the monthly in-hand salary structure for the TCS Digital profile:
TCS Digital Salary
| Earnings | Amount | Deduction | Amount |
|---|---|---|---|
| Basic Pay | ₹15,000 | Provident Fund | ₹1,800 |
| House Rent Allowance | ₹7,500 | Professional Tax | ₹200 |
| Leave Travel Allowance | ₹1,250 | ||
| Miscellaneous | ₹910 | ||
| City Allowance | ₹1,100 | ||
| Monthly Performance Pay | ₹4,400 | ||
| Performance Bonus | ₹3,200 | ||
| Personal Allowance | ₹22,905 | ||
| Total Gross | ₹56,265 | Total Deductions | ₹2000 |
| Net Pay | ₹54,265 | ||
This sums to Annual In hand income of ₹6,51,180.
Incorporating tax considerations into the salary structure, it’s important to note that the mentioned salary slab for TCS Digital (₹7.1 to ₹7.5 LPA) is subject to tax deductions.
For a more precise calculation of the monthly in-hand salary, taking taxes into account, you can use our simple Income Tax calculator by clicking here. This tool will provide accurate insights into the net monthly earnings after tax deductions for individuals in the TCS Digital profile.
TCS Smart Hire:
Last but not the least, TCS Smart Hire is another crucial opportunity extended to graduates with a 3-year curriculum such as B.C.A, B.Sc., B.Com, and their equivalents. This initiative by TCS also accommodates freshers who have completed a 3-year degree program.
TCS Fresher Salary for Smart Hires is relatively modest, ranging from ₹1.9 to ₹2 LPA. Here is the monthly in-hand salary structure for TCS Smart Hires:
TCS Smart Salary
| Earnings | Amount | Deduction | Amount |
|---|---|---|---|
| Basic Pay | ₹7,950 | Provident Fund | ₹954 |
| House Rent Allowance | ₹3,180 | ||
| Leave Travel Allowance | ₹663 | ||
| Miscellaneous | ₹910 | ||
| City Allowance | ₹0 | ||
| Monthly Performance Pay | ₹1,500 | ||
| Total Gross | ₹14,203 | Total Deductions | ₹954 |
| Net Pay | ₹13,249 | ||
This sums up to the monthly income of ₹1,58,988
TCS Innovator Hire:
TCS Innvoator profile represents the pinnacle tier in TCS’s recruitment for freshers. Though concrete data for the Innovator profile’s salary band may not be widely available on the internet, it’s noteworthy that TCS favours graduates from tier-1 colleges such as NITs and IITs for this particular role.
Reported TCS Fresher Salary for the Innovator profile ranges from ₹10.5 LPA to ₹13 LPA. As more reliable information becomes available, we will strive to provide further updates on this high-profile segment.
Other Common Benefits:
TCS extends universal benefits beyond specific profiles and salary perks to foster an inclusive workplace, recognizing the importance of every employee in the
- TCS Provides best in class medical health insurance scheme, even with the Base Premium, to not only its employees but also their dependents like Spouse, Children and even Parents
- TCS also provides Afterlife benefits, to provide monetary support in case if the associate is deceased in service.
- As employer contribution to PF, TCS also contributes in their employees PF fund, 12% of their basic pay.
- As part of Retirals benefits, TCS also provide Gratuity to its employees.
- TCS provides annual revision to their employee salary as part of annual appraisal, Which can range from 5-10% of hike.
FAQs related to TCS Fresher Salary:
To apply for the TCS Ninja position, candidates are required to take the TCS National Qualifier Test (NQT), which serves as a qualifying examination for various fresher roles.
TCS hires all types of Graduates including BCA, BSc, BBA, MBA etc. To know more and check latest update on TCS hirings click here
Average TCS Digital profile salary is ₹7.11Lakhs per anum.
If you have any query or concern related to TCS Fresher Salary, please feel free to drop us a mail at info@corporatetofinance.com