For IT firms, age does matter: Only 1-2.5% employees in 50+ age group

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Key Points

The situation is different in the US or Europe only 17% of TCS employees in the US are less than 30 years old, and 21.8% are above 50...

Those over 50 years of age and still working in a domestic information technology (IT) company, should consider themselves lucky really lucky as they are part of just 1-2.5% of the companys total employee base...

Consider the data on the age profile of employees at the India offices of IT companies..

Onsite work requires a lot of senior, experienced people because they have to work on the client side where transfer of knowledge is required, Balakrishnan said.. Pareekh Jain, founder of Pareekh Consulting, shares a similar view..

With a significant portion of the population in the age group 15-29 and more individuals entering this age group, there will be a greater demand for productive opportunities in the next five years..