Global IT services, consulting, and business solutions leaders TCS has reportedly introduced a new rule, which effectively ends work from home for its employees. Media reports suggest, on the basis of an internal memo, that the IT giant has introduced a new rule requiring employees to have 225 billing days per year. The move has been introduced to boost productivity and utilization amid the varied challenges being faced by the IT industry.
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Billing days are basically the time period when employees work on client projects, thus generating revenue for the organisation. While there is no word on what employees will have to face upon failure to meet the billing days, this move could mean that compensation and career growth of the employees in question would be affected.
In addition to that, this new development may also increase employee stress and limit flexibility, impacting work-life balance. Reports also suggest that employees will have to work from office during working days, and prior permission will have to sought if they wish to work from home or in the case of emergencies.
According to a report on Forbes, while remote work had become the more post COVID, a large majority of employees still work from the office. In India, 12.7% of full-time employees work from home, 28.2% have adopted a hybrid model, and 59.1% work in the office. Globally, remote and hybrid work remains the preferred structure for most employees, with 91% preferring either fully or almost remote work.