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- IT CEOs are now embracing the “new normal” with an alternative remote work operating model.
- CEO
C Vijayakumar said thatHCL technologies you are considering allowing more of your employees to work from home; Only half of the workforce is expected to work from offices. - He said that only 10% of employees would work from offices through June.
As the national blockade encourages digital adoption, IT CEOs are now embracing the “new normal” with an alternative remote work operating model.
HCL Technologies may be following in the footsteps of Tata Consultancy Services (TCS) hinting that the “new normal” could mean that offices will now be
employee-lite. CEO C Vijayakumar said HCL Technologies is considering allowing more of its employees to work from home; only half the workforce is expected to work from offices.
“It will take a while to see what the long-term operating model will be. But directionally, I see that 50% of our employees will work from home and 50% will work from offices in the next 12-18 months,” he said during the fourth quarter earnings call.
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Despite the Indian government easing closure rules for IT companies that allowed them to operate with 33% staff, Vijayakumar believes that only 10% of employees would work from offices until June. “We don’t see more than 10% of our employees entering offices at the end of this quarter and we continue to evaluate weekly,” he added.
He added that the proposed 50/50 model can be implemented on a rotational basis, where everyone can come to the office at some point and also sometimes work from home.
HCL Technologies began its Covid-19 business continuity plan in January and since then, most of its employees have moved to a job from home settings. “Today, more than 96% of our employees work from home and more than 2.5% work from customer offices and locations around the world.”
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The IT giant has an employee base of 150,000. The company hired 8,600 people in FY20 and had plans to add 15,000 more on campus this year. New employees will still be hired, but the number of new hires will decrease.
“The absorption of our first-year students has increased 35% compared to last year and we hope to see similar figures this year. Our recruitment and incorporation has become virtual worldwide,” said Apparao VV, Director of Human Relations ( CHRO) from HCL Technologies.
Vijayakumar says the company has not faced major disruptions due to the work of the home delivery model and that productivity has, in fact, increased significantly. However, this is under a blocking scenario. “In the normal scenario, we have to see how the privacy and security aspect will develop. We need to reevaluate how this will work. This is how the industry will evolve and the working model will evolve, “said the CEO.
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See also:
HCL Tech Shares Rise Nearly 2% After 3.8% Increase In Quarterly Profits
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.
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