The plummeting Covid-19 cases in India, the pace of vaccination is picking up, have collectively succeeded in strengthening positive sentiment in the market and in the business world as well. With the plunge in cases, the corporate world is gearing up to call employees back to the office; it means that the concept of working from home is coming to an end.
A few days ago, Rajesh Gopinathan, CEO of TCS, announced that the company plans to recall 90 percent of its employees to their offices by the end of the year or early 2021. However, TCS has announced by 2025, the company will authorize 25%. percent of its employees work from home, according to its 25 * 25 model. However, other IT companies like Wipro, Infosys are following the same path
According to a poll by Dellolite, an overwhelming majority of Indians, 84%, believe it is safe to return to their workplace and Indians display a positive spending intention and a brighter vision for the future. The latest monthly analysis (wave 220) of Deloitte’s Global State of the Consumer Tracker, signals a cautious recovery in consumption in the country, helped by the decrease in the number of Covid-19 cases and an improvement in the vaccination campaign.
Apart from the IT giants like TCS, Wipro, Infosys who have all made it clear their intention and model for how they plan to end working from home, some important players in the banking and financial sector are also making an effort to bring a significant portion of their workforce back to the office. The big name on the list is Kotak Mahindra Bank, which plans to call 90 percent of its workforce to the office by the end of this year, the Economic Times reported today.
In addition to Kotak Mahindra Bank, HDFC Bank, Axis Bank, YES Bank, Deloitte also plans to return to office with 90 percent of the workforce within the next two months. Private lender Kotak Mahindra has made it clear that the bank is preparing to recall 90 percent of double-vaccinated employees to the office.
“To date, all of our offices are 100% staffed in accordance with guidelines issued by the respective state governments. We have allowed pregnant women, employees with children under one year old, employees over 65, employees with co-morbidities and employees from all containment zones as defined by authorities to continue to work from home, ”said the financial management. daily quoted as saying Renu Sud Karnad, managing director, HDFC Bank found quoted in the Economic Times.
IT giant Wipro mentioned that all double-vaccinated people in leadership positions start working from their offices in India. They have adopted a hybrid working style where top executives work twice a week, Monday and Thursday.
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