TCS Curtailment on Work-From-Office Policy Resulting in Large Number of Women Employees Leaving Company

In the country’s largest software company Tata Consultancy Services (TCS), the rate of leaving or attrition of women employees has increased. Many companies in this sector including TCS have changed their work-from-home policy. This is also becoming a reason for employees leaving jobs from these companies.

Doing jobs in a remote way makes it easier to manage the responsibilities of the home as well as the workplace. During the pandemic, many software companies implemented work-from-home policies for their employees. in the last few months TCS Companies like have changed this policy. This is making it difficult for the employees to strike a balance between their job and other responsibilities. At the end of the last financial year, TCS had an attrition rate of 20.1 per cent on a year-on-year basis. In this regard, the company’s Chief Human Resources Officer, Milind Lakkad, has said in the annual report, “The attrition rate of women employees in TCS was lower than that of men. The higher attrition rate of women employees in the last financial year is an attempt to increase our gender diversity.” A blow to the effort.”

He said that essential parts of the workplace such as collaboration, mentorship and team building have suffered in the last two years. Milind said that more than half of the company’s current workforce was hired after the outbreak of the corona virus when the entire staff of the company was on work-from-home. In the last few months, TCS has changed its policy. The company is giving memos to such employees who are not present in the office for at least three days in a week.

in the fourth quarter of the last financial year company Its consolidated revenue stood at Rs 59,162 crore, a growth of over 16 per cent. It was Rs 50,591 crore in the same period of the previous financial year. The company’s growth in the fourth quarter was largely driven by its retail and consumer packaged goods (CPG) solutions. The growth of its CPG vertical was 13 percent. In addition, the Life Sciences and Healthcare vertical grew by over 12 per cent. The growth of the rest of the verticals of the company was in single digit.