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Tata Consultancy Services cuts bonuses for employees who aren't in the office 5 days a week

fortune.com
submitted
a year ago
byrss-bot bottofinance

Summary

Tata Consultancy Services, the main arm of Indian industrial giant Tata, is clamping down on office-shy workers. The $168 billion Indian consultancy is using a carrot-and-stick approach to lure its consultants back into the office full-time. In October last year, TCS scrapped its hybrid working policy, ordering most employees back to the office five days a week.

Tying bonuses to attendance is a novel approach to getting staffers back to the office. It follows a familiar tactic from tech companies that use financial incentives to convince workers to come in. In 2021, several tech giants including Meta and Google said they would cut the pay of staff who had moved to remote areas.

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