The 'Great resignation' wave in TCS: Why the company is losing more female employees?

The Great resignation wave, that was rampant across the world during the Covid-19 pandemic, is yet to get mitigated in Tata Consultancy Services (TCS), which is one of the largest employers in India. The resignation wave has struck in almost all the countries where there were mass resignations from the employees. Such resignations were on surge during the early 2021 and was labeled as a new normal along with the pattern of Work-from-home. 

While the countries and companies got revived after the worst downfall sparked by the Covid pandemic, there were signs that the great resignation wave has been getting subdued. The economies were re-opened, the markets have redeemed, and the companies began to rebuilt from the destruction. The work-from-home pattern plunged with the corporates calling their employees back to their offices.

Most of the top bluechip companies have asked their employees to report to the office and while, on one hand, such decision gave prospect to the companies to rebuilt their workspace culture, on the other hand, it sparked an adverse impact as how it is being unfolded in the TCS, the company that is regarded as a largest recruiter of women employees. 

According to reports, TCS has announced that it is ending the work-from-home culture and asked the employees to report to the office, only to witness a backfire. It has been reported that its decision to end work-from-home has sparked a mass resignation wave from its women employees.

Responding to the mass resignation from women employees, Chief Human Resources Officer of TCS, Milind Lakkad said, "There might be other reasons, but intuitively, I would think working from home during the pandemic reset the domestic arrangements for some women, keeping them from returning to office even after everything normalised." In the company's annual report, Lakkad termed the resignation wave as a setback and unusual to the TCS's efforts to promote gender diversity. 

He further said, "Women constituted 38.1 per cent of TCS' net hires in FY23. This speaks well of the quality of the women candidates in our leadership pool as well as the supportive attitudes of our business leaders in promoting diversity." TCS currently employs over 6 lakh people and of this sea of employees, about 35 per cent of workforce were women. Before the pandemic, the resignation from women was comparatively low than that of the men. 

Now, for the first time, the resignation rate of women had surpassed men and by admitting that the trend of growing resignation from women had put the company in setback, Lakkad asserted that the company will try to change this trend and that it is focussing on gender diversity. The development has come when the company is carrying out 'iExcel' programme for the development of women. 

 

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