Infosys To Stay Flexible With WFH While TCS Calls Back To Office (Image: x.com/Infosys)
The CEO of Infosys, Salil Parekh has said that the multinational infotech company would keep its Work-From-Home (WFH) policy as flexible. Earlier this week, Tata Consultancy Services, the TCS, had announced that it would be calling their employees back to office, Infosys has chosen to stay flexible on the matter. Infosys also said that the number of employees who are returning to workplace are increasing every week, said Business Insider.
At the Q2 earning press conference of the Infosys, Mr. Parekh said, “we are taking the same approach that we have taken two years back. We are very clear that we want to remain flexible with our employees, and that will continue.” He said that the company had almost 70 percent of its employees on campus during the week and that the number of employees has been increasing every week. He added that “there are instances where specific types of clients or engagements where everyone has to work together. For that, employees are back anyway.”
Earlier, TCS, had announced that it would call their employees back to office, so that an integration of the new employees hired with the older employees. The COO of TCS, N Ganapathy Subramaniam also said, “there are things that cannot be taught and observed and better done in a collective manner while co-existing in a workplace.” Two years back, in 2021, the company had a policy where they said, only 25 percent employees were needed at the workplace.
As in the case of TCS, Infosys also underwent a low in employee count. It went to 3,28, 764 by 7,500. The infotech company said that this year, the plans were to honour the offers given to new employees but would see a miss at campus hiring. The Chief Financial Officer of Infosys, Nilanjan Roy, “It’s not very likely that we are going to campuses to hire this year.” The company said that, they have now hired beyond their demand.
The Bengaluru based infotech is planning on bettering their level of utilisation as a part of its margin improvement programme. From November, the company would be on with wage hikes though details were not given, only that, “Our salary changes will follow regular patterns, CEO Salil Parekh said. The company’s attrition levels have touched 14.6 percent as compared to the quarter before which had 17.3 percent
