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

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 company’s total employee base.

Consider the data on the age profile of employees at the India offices of IT companies. According to the country’s largest IT firm Tata Consultancy Services’ FY23 annual report, only 1.1% of employees on its rolls are in the 50 years+ bracket. In contrast, 52.69% of employees are below the age of 30.

A similar trend is observed at Infosys, the country’s second-largest IT firm.