Aug 25, 2022 06:00 pm
With the pandemic narrowing its pace the corporate life seems to be shaping its ways as before the entry of the decades most worst hit outbreak.
Today Tata Consultancy Services (TCS) announced its decision to end the two year long work from home environment. The tech giant is asking its employees to return to office by November 15 this year.
It is expected that TCS will not allow work from home after November onwards, which means each and every employee will need to head to the office for work. It is also said that the company is calling employees back to office since over 95 per cent of employees are partially vaccinated and more than 70 per cent are fully vaccinated.
Currently, the company has around 20 to 25 per cent employees back to office. Rajesh Gopinathan, CEO and MD of TCS recently said that the company will “continue to drive the return-to-office model because the 25/25 plan needs to be executed in a more controlled manner”.
The company recently refuted reports of cutting variable pay for some employees. The IT company has confirmed that it will pay 100 per cent variable pay to all its 6 lakh+ employees. Meanwhile, Infosys and Wipro have announced to cut some part of the variable pay blaming operating margin pressure.