Tata Consulting Services (TCS) has reported that its “return to office” initiative is gaining momentum, with 55% of its workforce already coming to the office three days a week, according to TCS Chief HR Officer Milind Lakkad. The company remains focused on developing and retaining top talent by bringing employees back to the office to foster its culture.
Lakkad highlighted that the company has given a 12-15% raise for exceptional performers in its latest annual compensation review and has started considering candidates for promotions. He also mentioned that TCS employees have logged 12.7 million learning hours during the quarter, focusing on upskilling in market-relevant skills such as generative AI, cloud, data, and analytics.
However, the return-to-office policy has also sparked speculations about a mass resignation of women staff members at TCS. Lakkad acknowledged that there has been an unusual trend of higher resignations among women in the past year. He suggested that the pandemic-induced shift to remote work may have reset domestic arrangements for some women, causing them to hesitate in returning to the office even after the situation normalized.
The company’s “return to office” directive was initially implemented last September when TCS asked employees to work in the office for a minimum of three days per week. Adherence to the rostering system was made mandatory, and noncompliance was stated to be taken seriously.
Despite these challenges, TCS remains committed to fostering its culture and retaining top talent. The company’s focus on upskilling and providing opportunities for career growth demonstrates its commitment to nurturing its workforce. As the return-to-office initiative continues, TCS will closely monitor the situation and address any concerns to ensure a smooth transition for its employees.
