In yet another crackdown to get people back to office, IT giant TCS has announced additional disciplinary action for those still working from home. Employees with less than 60% attendance in office will not be eligible for their variable pay. This comes months after the IT services giant mandated employees to work from office five days a week.
As per Moneycontrol, TCS had recently updated its policy on the internal HR portal notifying employees of these changes. The Times of India in its report has mentioned that only those employees who have a minimum of 85% attendance in office will receive full quarterly variable pay.
Employees with 75-85% of attendance will receive 75% of their variable pay, while those with 60-75% work from office attendance will receive only 50% of variable pay. The firm has further noted that constant non-compliance could lead to further disciplinary actions that might affect the annual performance review, compensation and career progression of the employee.
TCS CEO and MD K Krithivasan had said that the fourth quarter ended March 31 saw most of the employees “return to the workplace, creating shared experiences, nurturing greater learning, collaboration, and camaraderie”
“As we build on this momentum, I have no doubt that together we will unlock many new opportunities,” he had said.
The IT giant was earlier following a hybrid work model which ended from October 1, 2023. TCS had also warned the employees in February that their variable pay will be soon be linked to their attendance at their office site.
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