Infosys CEO Salil Parekh said on December 15 that the company would prefer a flexible hybrid work model wherein employees would not have to come to the office every day. At a virtual conference, Parekh said the company had built a flexible model to facilitate work from home. It is now time to start working on building ‘social capital’, he said.
Parekh said that - going forward - the company would focus on putting in place a hybrid work model as it would depend on how the situation evolves.
"However, the flexibility will remain critical," he said.
There will be flexibility in the models that will allow employee work from different locations at different times, he added.
"Having said that we also feel this whole concept of social capital is extremely important. We think that it is important as the COVID-19 situation gets behind us, we start to create that social capital again so will have more and more work from the office environment as well. We have not decided the exact approach it will take," Parekh said.
Nilekani said that the option to provide work from home was created by investment in technology, network and cybersecurity framework.
In contrast to Infosys’ hybrid model, TCS is planning to make WFH permanent. The company has said that it will have 75 percent of its employees working from home by 2025 and the other 25 percent will have to work from office only 25 percent of the time.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.