5.9 C
London
Friday, December 2, 2022

TCS, HCL Tech and Wipro ring the bell – It’s time to return to the office

Must read

Abdul Fatawu Issahaku – Wiki, age, girlfriend, net worth, height, career

Abdul Fatawu Issahaku is a professional football player from Ghana. He was born on March 8, 2004 and plays as an attacking midfielder...

BYJUs, Zomato, Dream11 are among India’s most valuable PE/VC-funded companies according to Hurun

The second edition of the Burgundy Private Hurun India 500 report featured India's 500 most valuable companies with combined revenues of $820 billion. ...

Who is ABC News Anchor’s wife? There are rumors that he is gay

ABC's face David Muir is known for his bravery and for covering the most delicate and deadly news. Not only this, David also...

Georgina Bloomberg-The details about Mike Bloomberg’s daughter

Georgina Bloomberg is one of the many big names in the equestrian industry. At just 39 years old, Bloomberg already owns New York...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

  • After more than two years of working from home (WFH), Indian IT companies are encouraging workers to return to offices.
  • While TCS and wipro have forced their employees to work from the office three days a week, HCL Tech says it hasn’t made it mandatory yet.
  • The golden age of WFH, moonlight and big pay rises seems to be over for IT workers.

Indian IT majors Tata Consultancy Services (TCS), HCL Technologies and Wipro are ringing the bell, warning their employees to return to offices. While some use language as “encouraging,” others have said it allows employees to learn from their seniors and colleagues.

Working from home (WFH) rose to prominence during the Covid-19 pandemic, forcing companies and workers around the world to change the way they work. This required a large scale digitization of workflows and at that time Indian IT companies were experiencing strong growth.

What this episode also showed was that companies could function while their employees worked from home – a good internet connection and a workspace were all that was needed.

WFH Challenges

However, WFH also poses security and collaboration challenges.

In light of this, companies like TCS and HCL Tech said during their Q2 earnings calls that they “encouraged” employees to return to offices.

“We encourage our employees to return to offices a few days a week. A significant number of our employees are already doing this,” TCS said in a statement. During the company’s second-quarter earnings call, TCS’ HR chief, Milind Lakkad, emphasized that 30-35% of the company’s employees have already returned to offices.

The company is reportedly rolling out a roster-based attendance system starting in December. Previously, media reports suggested that TCS wanted 85% of its employees back to office at least three days a week.

Also read:

Moonlighting is an ethical issue, says HR chief of TCS

After more than two years of working from home (WFH), Indian IT companies are “encouraging” employees to return to the office. While TCS and Wipro have required their employees to work from the office three days a week, HCL Tech says it has not yet made it mandatory. The golden age of WFH, moonlight and big pay rises seems to be over for IT workers. Indian IT majors), nologies and are ringing the bells warning their employees to return to offices.

Wipro and HCL Tech join the chorus

TCS colleague Wipro has now also joined the choir and wants his employees to appear in the office.

Earlier this month, Wipro sent a letter requesting its employees to return to the office at least three days a week in the footsteps of TCS.

It also said its offices would be open four days a week, with employees having an option to attend three of those four days. Curiously, the offices would remain closed on Wednesday, the company said.

In its earnings call, HCL Tech said it “encourages” employees to return to the office three times a week like its peers, but it has not yet mandated the practice.

Also read:

IT majors halved staff despite high turnover

IT majors halved staff despite high turnover

After more than two years of working from home (WFH), Indian IT companies are “encouraging” employees to return to the office. While TCS and Wipro have required their employees to work from the office three days a week, HCL Tech says it has not yet made it mandatory. The golden age of WFH, moonlight and big pay rises seems to be over for IT workers. Indian IT majors), nologies and are ringing the bells warning their employees to return to offices.

‘We have 45,000 employees in the office at any time’

infosys CEO and MD Salil Parekh revealed that the company had 45,000 employees in its offices at any given time – that is about 13% of the total workforce of 3.45 lakh at the end of the second quarter.

“My feeling is that over time we will provide all the necessary support to employees so that more and more employees can get back to work. Of course there are several customer situations that require specific action. Those will be followed according to customer requirements, but where we can provide some flexibility, we will continue to provide flexibility,” said Parekh, adding that this approach had worked well for Infosys so far.

He also said the number of employees returning to offices increased over time.

The future may very well belong to hybrid working, and for now it seems that IT companies are trying to understand how much they can stretch their employees who have figured WFH is feasible – so much so that home loans are now at a faster rate in Tier 3 and Tier. 4 districts.

ALSO SEE:

Infosys Reports 4% Revenue Growth in Constant Currency, Announces Share Repurchase Worth 9,300 Crore

TCS Q2 net profit exceeds ₹10,000 cr for the first time, reports sequential growth of 10%

Moonlighting is an ethical issue, says HR chief of TCS

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

Abdul Fatawu Issahaku – Wiki, age, girlfriend, net worth, height, career

Abdul Fatawu Issahaku is a professional football player from Ghana. He was born on March 8, 2004 and plays as an attacking midfielder...

BYJUs, Zomato, Dream11 are among India’s most valuable PE/VC-funded companies according to Hurun

The second edition of the Burgundy Private Hurun India 500 report featured India's 500 most valuable companies with combined revenues of $820 billion. ...

Who is ABC News Anchor’s wife? There are rumors that he is gay

ABC's face David Muir is known for his bravery and for covering the most delicate and deadly news. Not only this, David also...

Georgina Bloomberg-The details about Mike Bloomberg’s daughter

Georgina Bloomberg is one of the many big names in the equestrian industry. At just 39 years old, Bloomberg already owns New York...

Adani may be the richest Indian, but Ambani’s RIL retains the top spot on Hurun’s list of most valuable companies

Mukesh Ambanis dependent industries topped the charts in the key metrics that matter most: value, revenue and profit, according to the 2022 Burgundy...

Contents