TCS HR boss on linking variable pay to work from office: Not to punish employees

Tata Consultancy Services (TCS) Chief HR Officer Milind Lakkad said that the decision to link employees’ variable pay to attendance is a way to foster a return-to-office culture. It is not about punishing employees, he said, explaining that through the move the company is instilling ‘the TCS way of doing things’. This comes after TCS linked its quarterly variable pay with attendance owing to which any employee of the company with less than 60 per cent attendance won’t be eligible for the quarterly bonus.

Milind Lakkad informed during the company’s Q1 earnings conference that nearly 70 percent of the employees are already working from offices.