Explorer

Come To Office Or No Leaves: HCLTech Introduces Attendance-Linked Leave Policy

Last week, C Vijayakumar, CEO and MD of HCLTech, stated that, unlike its larger rival, the firm currently has no intention to tie variable compensation to employees' presence in the office

HCLTech, India's third-largest software exporter, is reportedly introducing a new policy that ties employee leave entitlement to their office attendance. This initiative is part of efforts to transition to a three-day work-from-office schedule as companies strive to reintegrate employees into campus settings post-pandemic.

HCLTech has asked employees to be present in the office for three days each week and at least 12 days per month. Failure to meet these requirements will result in deductions from their leave balances for each day of absence, according to a Moneycontol report citing sources.

This policy change follows the company's shift to a hybrid work model five months ago, which mandated employees to return to the office three days a week. “HR has started communicating this update to some teams from this week onwards over emails and this is already effective. Once our leaves are over, this could lead to loss of pay,” said an employee in the report.

According to the report, currently, HCLTech employees with less than three years of tenure are entitled to 18 annual leaves and one personal leave. Those with more than three years of tenure receive approximately 20 yearly and two personal leaves.

“Our hybrid work policy provides flexibility where people in middle and senior level management follow any 3-days a week work from office arrangement which supports collaboration. All other employees follow the working arrangements as necessary to meet the client commitments, and these are planned by the respective managers,” an HCLTech spokesperson told the publication.

In an interview last week, C Vijayakumar, CEO and MD of HCLTech, stated that, unlike its larger rival, Tata Consultancy Services (TCS), the IT services major currently has no intention to tie variable compensation to employees' presence in the office. “Return to office continues to increase, and it varies from business line to business line. Some business lines, we're able to comfortably work remotely. And for some business lines, we think getting people back to work is the right strategy,” Vijayakumar said.

ALSO READ: Crypto Tax In India: The Current State & How Union Budget 2024 Can Help

View More
Advertisement
Advertisement
25°C
New Delhi
Rain: 100mm
Humidity: 97%
Wind: WNW 47km/h
See Today's Weather
powered by
Accu Weather
Advertisement

Top Headlines

‘Can’t Take Law Into Own Hands, Harass Citizens’: HC Imposes Rs 1 Lakh Fine On ED For ‘Malafide’ Probe
‘Can’t Take Law Into Own Hands, Harass Citizens’: HC Imposes Rs 1 Lakh Fine On ED For ‘Malafide’ Probe
Saif Ali Khan Smiles & Waves At Paps As He Reaches Home, Watch Video
Saif Ali Khan Smiles & Waves At Paps As He Reaches Home, Watch Video
India Ready To Take Back 18,000 Citizens From US As Trump Begins Crackdown On Illegal Immigrants: Report
India Ready To Take Back 18,000 Citizens From US As Trump Begins Crackdown On Illegal Immigrants: Report
Fire At Turkish Ski Resort Hotel Kills 66 People, 51 Injured
Fire At Turkish Ski Resort Hotel Kills 66 People, 51 Injured
Advertisement
ABP Premium

Videos

Saif Ali Khan Attack : Major Security Overhaul At Saif Ali Khan's Residence Following Recent Attack | ABP NewsSanjay Singh Speaks On Delhi BJP Manifesto 2.0, 'They Are About To Privatize Education' | ABP NewsSaif Ali Khan News: Bollywood Star Saif Ali Khan Set To Be Discharged From Hospital Today After 6 Days Of Recovery | ABP NewsSaif Ali Khan Completes Discharge Formalities at Hospital, Heads Home Amid Tight Security and Privacy Measures | ABP News

Photo Gallery

Embed widget