financetom
Business
financetom
/
Business
/
Work from home to end soon. Here's how IT firms are planning to return to office
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Work from home to end soon. Here's how IT firms are planning to return to office
Oct 3, 2021 1:23 AM

The cases are dipping, vaccination is picking up, pandemic is changing into endemic and now, the economy, corporations are clawing back to normalcy, the economy rebounding and the corporations getting back on the track. After the deadly second wave of COVID-19 infection, the world is seeing some semblance of normalcy, and now embracing the hybrid model of working, the corporations across the world are gearing up to call back their employees to office.

Share Market Live

NSE

Sundar Pichai, CEO of Google, on May 5, 2021, in an email written to employees mentioned about “hybrid workplace”. In the mail itself, he went on to add that this is a model wherein around 60 percent of the employees would come together in the office a few days every week, another 20 percent would work in new office locations, and the remaining 20 percent would work from home.

Also Read - View: Prolonged WFH can trigger mental fatigue, depression

This news headlines stirred up the conversation about the new normal that was set to replace the traditional working model not only at Google but also across the world. The model now is a buzzword in corporate lingo in India as well. Hybrid model shot to fame after this pandemic necessitated working from home. This model entails partially working from home and partially from office that means going to office for some days in the week and working from home from some days in the week.

Taking a lead in reorienting their working strategy, big technology giant like Tata Consultancy Services (TCS), Wipro and Marico are giving a fresh lease of life to this innovative hybrid model. India’s biggest IT outsourcing company, TCS, in the past, made this clear that the company is planning to call back 90 per cent of its employees by the end of this year or by the beginning of 2022. However, the company threw light on its 2025 model, according to which 25 per cent of its total workforce will be working from home till 2025. The top brass of the company also ensured the full safety of its employees, who all will resume working from office. In the league of companies, ending the work from home is Wipro, who also made its intention public about embracing hybrid model and calling back employees.

Also Read: How 'deliberate listening' builds bonds between managers and workers

In addition to TCS, Wipro, Marico Limited, one of India’s leading FMCG companies, has also announced its plans to enforce the hybrid model of working for all employees from tomorrow. Several Indian companies are offering hybrid work models which is helping the companies cut rental and electricity costs, apart from saving commuting time for employees. Under the new ‘Ways of Work’ design, Marico will offer greater flexibility to employees thus enabling the majority of employees to work from the office at reduced frequency. The endeavour is to offer a work model where employees will have the benefits of work from home as well as office to better manage work and family needs while delivering on business commitments, the company said in a statement. Many companies now follow a hot-desking strategy under which employees can sit anywhere when in office.

However, people at the high echelon of administration in various media interactions talked about the system that has been put in place to ensure the safety of its employees. Since the epidemiologists and health experts are warning about the possibility of a third wave hitting the country, what needs to be seen is how this innovative hybrid model of working is playing out in the coming time.

Also Read: Employee burnout on the rise in India, says LinkedIn report; many look forward to hybrid model

(Edited by : Aditi Gautam)

First Published:Oct 3, 2021 10:23 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
BHP must stop funding legal action to halt Mariana dam claim, court rules
BHP must stop funding legal action to halt Mariana dam claim, court rules
Jul 23, 2024
LONDON, July 23 (Reuters) - BHP Group ( BHP ) must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion pound claim over one of Brazil's worst environmental disasters, London's High Court ruled on Tuesday. More than 720,000 Brazilians, including around 50 municipalities, are suing BHP over the 2015 collapse of the Mariana dam, which...
NXP Semi Stock Is Sliding Tuesday: What's Going On?
NXP Semi Stock Is Sliding Tuesday: What's Going On?
Jul 23, 2024
NXP Semiconductors N.V. ( NXPI ) shares are trading lower Tuesday after the company reported mixed second-quarter financial results and issued soft guidance. What Happened: NXP reported second-quarter revenue of $3.127 billion, beating analyst estimates of $3.125 billion. The company’s top-line results were down 5% on a year-over-year basis. NXP reported adjusted earnings of $3.20 per share, missing analyst estimates...
What's Going On With CrowdStrike Stock Today?
What's Going On With CrowdStrike Stock Today?
Jul 23, 2024
CrowdStrike Holdings Inc ( CRWD ) shares are trading higher Tuesday, bouncing back after facing heavy selling pressure on consecutive days following last week’s global IT outage. What To Know: CrowdStrike ( CRWD ) shares fell 11% on Friday and another 13.5% on Monday as investors continued to dump shares after a CrowdStrike ( CRWD ) update at the end of...
UnitedHealth Patients Petition Appeals Court to Rehear Cross-Plan Billing Case
UnitedHealth Patients Petition Appeals Court to Rehear Cross-Plan Billing Case
Jul 23, 2024
09:17 AM EDT, 07/23/2024 (MT Newswires) -- Rebecca Smith and Cristine Ghanim petitioned the US Court of Appeals for the Eight Circuit on Monday to rehear their class action suit against UnitedHealth Group ( UNH ) after it affirmed a district court's decision to dismiss the case on July 8. The class action alleges UnitedHealth ( UNH ) did not...
Copyright 2023-2025 - www.financetom.com All Rights Reserved