80% Employees Of Small IT Firms Return To Office In This City: Work From Home Officially Ends?
IT firms are planning to get their employees back in office sooner than planned considering the majority of employees already vaccinated against Covid.
Return To Offices
In the case of the majority of small firms, they have already made about 70-80 percent of their employees come back to offices.
On the other hand, bigger firms have begun holding virtual town hall meetings regarding resuming work at the offices.
According to a senior employee of a US-based IT firm serving financial services clients, “We had a town hall meeting on Saturday where we discussed the nitty-gritty of life in office post the pandemic. We were told to work on different schedules to avoid crowding,”.
A latest Nasscom survey reveals that the majority of the IT employees aged under 40 are eager to come to back offices.
Coming to employers, over 72 percent of firms are hoping to have at least 50 per cent employees back at work in the next few months.
Employee Cost Playing Major Role
“Bigger companies, with a sizable bench (standby staff), can afford to work with a drop in utilisation rates. But the smaller firms can’t afford it as their margins are under heavy pressure with the cost of employees shooting up,” said Bharani Kumar Aroll, the President of the Hyderabad Software Enterprises Association (HYSEA).
Coming to vaccination, TCS reported that over 95 percent of its employees have received at least one dose of the vaccine and over 70 per cent both doses.
TCS ‘top executive said, “We plan to bring back our workforce to the workplace gradually by the end of the year,” during the second quarter earnings call recently.
Following Global Policies
It seems that many multinational companies are following the global policies with regard to opening the campuses for their staff.
In the case of IBM, it has extended the remote working advisory for all its employees across all locations in India.
IBM said, “As communities move to reopen, IBMers will return to the workplace with data-driven, evidence-based practices and policies that safeguard them, ”.
Further adding, “Employees will return in phases. Work from home will continue for many IBMers till then. We will adjust our policy as conditions change,”.