IT major, Tech Mahindra CEO and MD, C P Gurnani said that we support side gigs as the company is a digital company and not a legacy firm.
C P Gurnani shared his views that employees should not hide such instances as sometimes this may also add value to their CV.
Additionally, the employees should inform the company regarding the same and in case they get engaged in moonlighting without prior permission then a ‘no tolerance policy‘ will be followed. However, The company is working on a policy that will allow moonlighting for its employees, it said.
C P Gurnani further said, “Between legacy and digital, we are a digital company. But of course, our intent is always with boundaries and that does not change.”
“We are working on a policy, but we operate in 90 countries and have to adhere to all the labour laws in these geographies,” he added.
He further added, “I am happy if somebody is productive, is complying with all brand guidance, values, customer relationship guidance, and wants to do another job, we are fine. Just take permission and tell us what you are working on.”
The company added 5,877 new hires in Q2 FY23, down from 6,862 in Q1FY23 and 14,930 in Q2FY22. The total headcount stood at 163,912. The company’s Q1 total headcount stood at 158,035.
Earlier, it was reported that the company has delayed and revoked the offer letter of freshers. But, Gurnani has also denied any plans of deferring any fresher onboarding.
“We are investing for the future. We think onboarding them and giving them requisite training is anytime better,” he added.
Tech Mahindra’s attrition dropped year-on-year as well from the year-ago quarter. Tech Mahindra reported a decline in attrition rate to 20 percent in the quarter that ended September 30, 2022
