The global pandemic has created unprecedented challenges for businesses and organizations. To stay competitive, companies must ensure that their employees are secure and well-trained for the future. Tata Consultancy Services (TCS) is taking a proactive approach to addressing these challenges by providing its employees with the necessary security measures and training them in the latest technologies.
With the help of TCS’s innovative solutions, they are able to keep their employees safe while also preparing them for future success. In this article, we will explore how TCS is keeping its employees secure and training them for the future in light of these unprecedented times.
What is TCS Doing to Support its Employees in the Face of Uncertainty
During these uncertain times, Tata Consultancy Services (TCS) is taking proactive steps to support its employees and ensure their safety and well-being. TCS has implemented a range of measures to protect its employees from the impact of the pandemic, including providing flexible working hours, enhancing employee engagement programs, and introducing virtual learning platforms.
In addition, TCS has also introduced various health and wellness initiatives to ensure the mental and physical well-being of its staff. This article will explore how TCS is supporting its employees in the face of uncertainty.
How TCS is Shifting Focus From Layoffs to Training its Employees to Enhance Skills
In a world of fast-paced technological advancement, it is important for companies to ensure that their employees are equipped with the right skills to stay relevant and competitive. Tata Consultancy Services (TCS) has recognized this and is taking steps to shift its focus from layoffs to training its employees in order to enhance their skills.
This move will help TCS retain its existing talent pool as well as attract more skilled professionals in the future. The company plans to provide training programs for its employees in areas such as artificial intelligence, blockchain, cloud computing, and other emerging technologies. Through these initiatives, TCS will be able to create an innovative workforce that can drive business growth and success.
The Benefits of Employee Training & Development Programs During a Crisis
Employee training and development programs can be invaluable during a crisis, providing employees with the necessary skills and knowledge to help them adapt to the changing business environment. Such programs can help employees stay motivated, increase their productivity, and improve their job satisfaction. They also provide an opportunity for employers to invest in the future of their organization by developing a skilled workforce that is prepared for any potential challenge. Furthermore, employee training and development programs can help organizations build resilience during times of crisis by enabling them to quickly adjust their strategy as needed.
Innovative Strategies for Employee Retention During Covid-19
The Covid-19 pandemic has had an unprecedented impact on businesses and employees alike. As a result, many companies have had to rethink their strategies for employee retention in order to ensure that they retain their best talent during these difficult times.
Innovative strategies such as flexible working arrangements, virtual team building activities, and increased communication are just some of the ways that companies can use to keep their employees engaged and motivated during this period. By taking proactive steps in these areas, businesses can ensure that they have the right people in place to help them navigate through this crisis.
Key Points
- According to a senior executive, the corporation is also looking to hire startup workers who were affected by the layoffs.
- Tata Consultancy Services (TCS), according to a senior official, is not considering any layoffs because it believes in developing talent for longer careers after an employee is hired.
- According to Milind Lakkad, the company’s chief human resources officer, it is also trying to attract startup employees who have lost their employment.
- The remarks have been made as IT companies, including major computer giants, throughout the world have been laying off employees for a variety of causes.
- In response to a specific query about layoffs or involuntary attrition, Lakkad stated, “We don’t do that (layoffs), we believe in cultivating talent in the organisation (there will be) no layoffs.”
- He claimed that TCS is “conservative” when making hires and that it is the employer’s duty to instill productivity and value in new hires. He emphasised that some businesses are compelled to take such actions as a result of overhiring.
- He claims that the business believes in providing training to its staff in the event that any gaps in the necessary skill sets are discovered.
- The business is primarily looking for talent in the fields of product, cloud, artificial intelligence, and user experience design. According to him, “We are certainly getting it from startups, folks who have actually done some outstanding work in those firms and have immediate career concerns.”
- In response to a query about whether the December quarter’s decrease of more than 2,000 employees in the total employment count was an exception, Lakkad declined to say if the March quarter will see an addition or a continuation of the decline.
- He noted that the company hired nearly 2 lakh individuals in the past year, including 1.19 lakh trainees who are currently working on billable projects, and that the reduction was due to a slowdown in new recruits.
- Regarding employee moonlighting, Lakkad stated that TCS is taking action against suspected offenders and is gathering data on the subject.
- Currently, roughly 40% of the workers work from offices three times per week, and 60% come in twice per week, according to Lakkad.
- “I anticipate that this number (of people working from offices) will rise. It will dramatically rise by Q1 (FY24). We will make a decision regarding the future by Q2 of FY24 “Said he.