According to a recent announcement from Tata Consultancy Services (TCS) on Friday, the company is looking to bring its employees back to the office, by the end of this year.
This plan can be executed, as the Covid-19 cases have reduced significantly in recent times. Even, around 70% of TCS employment have received their full vaccination against the virus. Along with that, around 95% of its people have got their first vaccine dose.
According to the Chief HR Officer of TCS, Milind Lakkad, they are planning to allow people to resume their work from the offices’ desk by the end of 2021. But instead of allowing all employees to return to the office together, they will be permitted at a gradual pace.
In a press conference, the company management said that the company has already permitted the senior-level employees to work from the office if they want to. But they also need to confirm their full vaccination status with the firm to do so.
The management added that they are planning to welcome their employees back to the office. The workforce will give be necessary flexibility to perform their roles the way they want.
In the second quarter of 2021, TCS performed the hiring for a total of 19,690 employees. So by September 30, the employee base of the IT major was recorded to be 528,748 people.
It should also be mentioned that the company has recruited around 43,000 fresh graduates during the last six months. The IT giant is done with its hiring process for the current financial year.
The consultancy firm is looking forward to the second half of the Financial year 2021-2022, to perform the hiring of 35,000 more fresh graduates. If TCS succeeded in doing so, then in this financial year, it will recruit a total of 78,000 fresh graduates.
In the September quarter, the attrition rate of the company was the lowest in the industry. But from the company’s point of view, it was still 3.3% higher than what was in the second quarter of 2021. In Q2 the TCS attribution rate was recorded to be 8.6% which came up to 11.9% in Q3.