Friday, February 7, 2025

Tata Group companies plan to bring in new workplace models

The pandemic has changed the nature of work, accelerating the adoption of digital technologies by at least a decade and ushering in a hybrid model where work extends beyond offices and engages more women, Tata Sons Pvt Chairman Natarajan Chandrasekaran said.

While the office remains a critical hub and staff will gradually return, the world won’t return to its pre-Covid norm, Mr Chandrasekaran, head of India’s biggest private-sector employer, said during the Qatar Economic Forum on Tuesday. The Indian executive, joined by fellow employers such as Iwg Plc Chief Executive Officer Mark Dixon, said workplaces will benefit from allowing staff greater leeway with the help of technology.

When the pandemic hit India in early 2020, the 150-year-old steel-to-airlines conglomerate scrambled to adapt to lockdown restrictions. At Tata Consultancy Services Ltd. — its largest company by employee numbers and profitability — nearly half a million workers began working from home within weeks, continuing to deliver software projects and support to Wall Street banks, retailers and airlines.

Tata Consultancy declared early on it expects only a fourth of its workforce to be in the office on any given day by 2025. Yet many of its employees asked for a return to the office. Companies will have to adopt a model somewhere in-between, Mr Chandrasekaran said during a session about the future of work.

“If the hybrid model has to work, let’s not think of it as only office and home,” he said. “There’s going to be a concept of a third place. I call it a ‘third place,’ you may want to call it a satellite office.”

In India’s case, it could also see improved workplace diversity, another positive outcome of a hybrid model, Mr Chandrasekaran said.

“Only 23% of women who could be potentially working are in the workforce because issues like commuting, the lack of social infrastructure like child care,” he said. “We should not miss this opportunity, it is not just good for GDP and growth, but also it is the right thing to do.”

Except for the headline, this story has not been edited by SightsIn Plus staff and is published from a syndicated feed.

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Deloitte, PwC, EY, KPMG Outpace Global Growth for India Divisions

The Indian divisions of Deloitte, PwC, EY, and KPMG...

EPS-95 Higher Pension Update: Less Than 1% Cases Settled So Far

Supreme Court Ruling and EPFO’s Higher Pension Rollout The Employees’...

Strong Job Growth and Salary Increases Expected in IT Sector

India's IT sector is on track for significant growth,...

Must Read

Barclays plans layoffs, Goldman Sachs to sack underperformers

According to a Reuters report, Barclays is planning to...

Google is warning its employees about layoffs

Search engine giant, Google has warned its employees about layoffs if...

Edelweiss Tokio Life Insurance elevates Anup Seth as Chief D&I Officer

Edelweiss Tokio Life Insurance has elevated Anup Seth as its...

Philips opens Pune R&D center to accommodate 1900 employees

Royal Philips, a frontrunner in health technology worldwide, has...

Anand Mahindra May Take On Non-Executive Role

According to Times of India reports, Mahindra Group’s Chairman...

Freshers hiring to go up 7% points in the current quarter – TeamLease

According to TeamLease Employment Outlook (July- Sept, 2021), the hiring...

Wall Street Prepares for 200,000 Job Cuts as AI Takes Over

Wall Street is bracing for a significant upheaval as...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/