Moneycontrol PRO
you are here: HomeNewsBusiness

30% of Tech Mahindra employees to eventually work from home permanently

Given the current uncertainty, only a small number of staff will work from offices, at least for one or two quarters.

July 27, 2020 / 10:46 PM IST
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Tech Mahindra will eventually have close to 25-30 percent of its employees work from home (WFH) permanently, said Manoj Bhat, CFO, Tech Mahindra.

Speaking to the media after the first quarter results, Bhat said, “Now more than 90 percent of people are working from home. Customers are appreciating that we have been able to meet expectations in terms of service delivery. To me, overall long term, 25-30 percent will be permanent WFH.”

“Given the current uncertainty, working from offices will be a very small number, potentially at least for one or two quarters,” he added.

In an earlier statement, the company said less than one percent of the employees are currently working out of office. Earlier, some of its service lines like business process services faced some challenges when employees worked from home.

Bhat explained that the company has made investments in the integrated command and control centre that allows it to drive outcomes and put in risk mitigation plans, be it working from home or office.

Close

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

More companies are moving to blended model when it comes to WFH. While TCS has said that it will have only 25 percent of employees working from office 25 percent of the time, others have taken a more cautious stand.

Most of them have said that it will be a hybrid model where some sections of employees will WFH and others from office. For instance, HCL Tech has taken a stand that WFH will not be a permanent feature for the company. In a recent interaction, VV Apparao, chief human resources officer, said working from home continuously is not healthy, neither physically nor mentally.

“In the office, they will meet people, get some fresh air. When they work from home continuously, we believe that it is not healthy in the longer run. So we are not mandating anywhere,” he added.

Moreover, Apparao explained that while the industry has permissions from the government and clients during the pandemic, they are temporary in nature. “So now if you want to make it a permanent way of working then all the policy framework, guidelines for STPI, all need permanent changes, including the security aspect,” he added.
Moneycontrol News
first published: Jul 27, 2020 10:46 pm

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark