Tata Consultancy Services (TCS), a leading Indian consultancy, is taking a strict stance on employees who prefer to work remotely. The company has announced plans to reduce bonuses for those who do not work from the office five days a week. Additionally, office attendance will be considered in annual performance reviews, which are crucial for career progression.
TCS’s CEO, K Krithivasan, emphasized the importance of in-person collaboration and learning in a recent memo to employees. The company believes that a full-time office presence fosters a stronger company culture and facilitates better assimilation for new hires. Those working less than three days in the office will not receive any bonus, while those working between 60% and 85% of their time in the office will receive a partial bonus. Only those working more than 85% of their time in the office will be eligible for a full bonus.
TCS’s decision follows a trend among tech companies that are re-evaluating hybrid work policies and encouraging a return to the office. Meta and Google have implemented similar measures, including pay cuts for remote workers in lower-cost areas and stricter hybrid policies requiring employees to work at least four days a week in the office. However, TCS’s approach of linking bonuses and performance reviews to office attendance is a novel strategy that could potentially exacerbate tensions among employees who prefer flexible work arrangements.
