COMP NEWS – Tata Consultancy Services, a major consultancy company out of India, is slashing workers’ bonuses if they refuse to come into the office five days a week.
Tata Consultancy Services, the main arm of Indian industrial giant Tata, is reportedly clamping down on office-shy workers by cutting their bonuses and hovering the threat of being passed up for promotions.
The $168 billion Indian consultancy is using a carrot-and-stick approach to lure its consultants back to the office full-time after scrapping hybrid working for most employees last October.
The consultancy plans to narrow its bonus payouts to exclude those shunning office work five days a week, and will also begin factoring in attendance to annual performance reviews, which are vital for promotion opportunities, Indian publications Mint and the Times of India reported.
TCS has been hailed as a top-tier employer with a number of awards for positive work culture and diverse workforce.
TCS is a major arm of the Tata group, hiring more than 600,000 people from 152 nationalities. The company hires 20,000 people in the U.K. across 30 locations, according to a 2022 press release. The company is the main sponsor of the London Marathon.
It has been hailed as a progressive employer and has the accolades to prove it.
TCS was one of 16 companies recognized as a “Global Top Employer” for 2024 by the Top Employers Institute, a certification handed out based on employee surveys. The consultancy also made Fortune’s Most Admired Companies list for 2024.
But TCS now risks flaring tensions among staffers as it goes beyond rules and rhetoric to actively punish workers who don’t make it into the office.
In October last year, TCS scrapped its hybrid work policy, ordering most employees back to the office five days a week.
In addition to capping bonuses based on appearance, office attendance will also reportedly be factored into performance-related reviews.
To read more about Tata’s cutting bonuses for working from home, click here.
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