The “return to office’ initiative has picked up pace, with 53 percent of the workforce already coming to work at the office thrice a week, said Tata Consulting Services (TCS) Chief HR Officer Milind Lakkad on Wednesday.
TCS’S Return to Office Picked Up Pace
Lakkad added, “We remain focused on developing, retaining, and rewarding the best talent in the industry, and enhancing their effectiveness by bringing them back to the office to foster our culture.”
“Our ‘return to office’ initiative is picking pace, with 55 percent of the workforce already in the office thrice a week,” he said.
Further, he added that the company has given a 12-15 percent raise for exceptional performers in its latest annual compensation review and have begun to consider candidates for promotions.
According to him,”TCSers logged 12.7 million learning hours in upskilling themselves during the quarter in market-relevant skills like generative AI, cloud, data, and analytics. Our attrition continues to trend down and we expect it to be back in our industry-leading, long-term range in the second half of the year.”
TCS Witnessing A Mass Resignation From Women Employees
It all started last September when the country’s largest IT firm had asked employees to work in the office for at least three days a week, as per an internal email shared with employees.
The company said, “Senior leaders of TCS have been working from TCS offices for a while now and our customers are also visiting TCS offices… Your respective managers will now roster you to work from the TCS office for at least 3 days in a week,” in the mail.
Further adding, “Adherence to rostering is mandatory and will be tracked… any noncompliance will be taken seriously, and administrative measures may be applied.”
Interestingly, Lakkad’s comment comes amid speculations that the company has been witnessing a mass resignation of its women staff after it discontinued its work-from-home (WFH) policy.
While speaking to media in June, Lakkad did not specify the exact number of women who have resigned in the past year, however termed the trend as “unusual”.
Further suggesting that the return-to-office policy could have been a factor for the higher number of resignations by women in the last financial year.
He said, “Historically, women’s attrition at TCS has been similar or lower than men’s attrition, so this is unusual. There might be other reasons but intuitively, I would think working from home during the pandemic reset the domestic arrangements for some women, keeping them from returning to office even after everything normalized.”
