Saturday, April 1, 2023

HCL to Decide Return to Office Based on Client Needs

HCL to Decide Return to Office Based on Client Needs

HCL Technologies, the Indian IT services multinational, presently has three percent of its employees in India working from the office, while the remaining are working from home. However, going forward, the Company will decide on when to bring its employees back to the office depending on the clients’ needs. The tech major expects to inoculate its entire workforce this quarter. Only about 74 percent have been vaccinated right now, but soon 100 percent will be. Most companies in the IT sector are seriously working on their ‘return to office’ plans, taking into account the pandemic situation and the vaccination status of their employees.

By the end of the June quarter, HCL had 1,76,499 employees. It had added about 7,522 people and posted attrition of 11.8 percent. While the Company had taken on about 14,600 freshers last year, it is looking at onboarding at least 20,000 freshers this financial year. In the second quarter itself, it hopes to onboard 6,000 fresh graduates. Two days ago, 76-year old Shiv Nadar, chief strategy officer and managing director, HCL, resigned from the post of MD. He will continue to lend his advice and support as chairman emeritus and strategic advisor to the board for five years. In July 2020, Nadar had resigned from the post of chairman, letting his daughter, Roshni Nadar Malhotra, take over. She thus became the woman to chair a listed Indian information technology company.