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HCLTech expects 70% of employees to WFO by FY24-end: CEO

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An Indian multinational information technology services and consulting company, HCLTech expects to have almost 70 per cent of its staff walking into physical workspaces by the end of the current fiscal, CEO C Vijayakumar said.

The approach for working in the office will be based on going ‘need-based’. As several projects expect employees to work from offices at least for some time a week.

According to PTI, HCLTech CEO C Vijayakumar said, “We have a hybrid-first virtual operating model and it is based on need.”

“We expect people to come to offices three days a week, and we’ve had modest success,” he added.

He further said, “We have, at least, half of our people coming to work three days a week, and that number continues to increase.”

“So it’s going to depend on the need, maybe we’ll get to 70-75 per cent by the end of this year, not more than that,” he said.

However, IT major Tata Consultancy Services (TCS) reveals that 55% of its employees work 3 days a week from the office.

Milind Lakkad, Chief HR Officer, said, “We remain focused on developing, retaining, and rewarding the best talent in the industry, and enhancing their effectiveness by bringing them back to the office to foster our culture. Our Return to Office initiative is picking pace, with 55% of the workforce already in the office thrice a week.”

Infosys is currently providing its employees flexible work hours and work-from-home options in a hybrid work model. However, now some of the clients are currently demanding work from the office, the company said earlier.

Infosys CEO and MD Salil Parekh said, “We have a flexible approach for employees. We are making sure that the employees have the ability to work from home or work hybrid.”

“In some cases where clients are requiring it. We have employees and teams that are working within the campus”, Salil Parekh added.

Salil Parekh further said, “On a long-term basis, we see a mix of where people will work, where there will be a need for increased social capital to connect with people to work with teams to do a new work.”

“There will be a need for more social capital wherein people will have to connect with each other to do new things, training, and much more in the future”, he added.

Recently, Infosys has ended work from home and has asked its employees in the United States and Canada to return to the office.

HCLTech total workforce as on 31 March 2023 stood at 225,944. The company’s headcount on a net basis has declined by 2,506 employees. During Q1FY24, The company hired 1,597 freshers and the company onboarded over 4,480 freshers in the March quarter.

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Sheenu Pradhan
Sheenu Pradhanhttps://sightsinplus.com/
Sheenu Pradhan, Editor Content, SightsIn Plus. She has over 8 years of experience in human resources. Prior to this, she has been associated with Wictor Chemicals India, Wipro, and Shakti Plas Industry.