TCS, HCL, Infosys Refuses To Impose 100% Work From Office: Hybrid Model Is The Top Choice, Even As Hiring Increases
The work from home policy seems to be the current favorite for most IT companies today, and they are showing an inclination towards adopting the policy for good.
Newest reports have suggested that Tata Consultancy Services (TCS), Infosys and HCL and other IT companies are planning to adopt the hybrid model of work.
Tata Consultancy Services
As we are all aware, India’s IT major, Tata Consultancy Services (TCS) has launched a 25/25 model. This means that by 2025, only 25% of the company’s employees will need to work from the office premises and those 25% employees will also need to spend only 25% of their time at work.
Rajesh Gopinathan, CEO, TCS, said, “Believe that by 2025, only 25% of our associates will need to work out of our facilities at any point of time; every associate will be able to realize their potential without spending more than 25% of their time in a TCS office.”
TCS said, given the amount of flexibility and autonomy with the new normal, we are surely not going back in time, on its website.
TCS is India’s largest software exporter which employs nearly 4.5 lakh people and is also the largest private sector employer.
HCL Technologies CEO C Vijayakumar has also talked about the company’s hybrid work model, among other things.
The company’s attrition rate was lower than its peers, but it has still upped its fresher hiring target. It plans to hire 22,000 freshers, and has already crossed 15,000 so far in the year. Lateral hiring will be balanced with fresher hiring, which is based on demand, project and location.
It is presently monitoring the situation and will continue to operate in a hybrid model. It is balancing both priorities of safety and well-being of its employees and maintaining business normalcy by ensuring uninterrupted services to clients.
Infosys is also planning a phased return to the office.
In the initial phases, it will encourage its employees to attend office in person for just a day or two per week. The company envisions a hybrid model in which about 40-50 per cent of employees will work from office after subsequent phases of return to office.