An Indian multinational information technology services and consulting company, Tata Consultancy Services (TCS) asked employees to come to the office at least three days a week.
It has been a sharp decline in the average number of learning hours per employee as a lot of time is lost in traveling which has caused affecting the productivity of the employees.
According to a TOI report, there has been a sharp decline in the average number of learning hours per employee. The average learning hours in the financial year 2021-22 (FY22) were 121 and it has been reduced to 82 in FY23.
The bifurcation can be understood among mid-level employees at TCS, average learning hours dropped from about 50 in the year before to 40 in FY23.
On the other end, up to 90% of mid-level employees at TCS participated in the mid-level training programmes but only 60% of them have been certified in relevant market technologies.
TCS has recently said women attrition was higher than men likely due to the return-to-office policy.
The company has employee-led policies and women constitute 35 percent of the workforce of over 6,00,000. TCS has always focused on women’s employment. The situation is alarming post-Covid.
Milind Lakkad, Chief Human Resources Officer at TCS said “Historically, the attrition among women employees — who constitute over 35 percent of our workforce of over 600,000 — has been lower or similar to that of men.”
“..I would think working from home during the pandemic reset the domestic arrangements for some women, keeping them from returning to office even after everything normalized,” he said.
“This speaks well of the quality of the women candidates in our leadership pool as well as the supportive attitudes of our business leaders in promoting diversity,” he added.
Moreover, the TCS initiative for experienced women professionals re-entering the workforce after a break “Rebegin” have seen nearly 14,000 job applications in FY23. Additionally, the company has focused on leadership development programmes like ‘iExcel’ are driving change on this front. The annual report said the flagship executive leadership development programme for women has completed 22 editions and 1,450 women leaders have benefitted from it.
The company’s headcount as of March 31, 2023, stood at 6,14,795. In the previous quarter, TCS in Q3FY23 posted a decline of 2,197 people in its employee base, and TCS headcount stood at 613,974 as on December 31, 2022.
