Talent Cloud Will Address Moonlighting: TCS

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In the future of work, companies will have to embrace terms like moonlighting, gig work, flexi work as ‘on-demand talent in a Cloud’ can be a reality.

Says Milind Lakkad, chief human resource officer of Tata Consultancy Services (TCS).

In some form or the other, gig work, flexiworking — and even moonlighting — will have to be welcomed by companies, says Lakkad.

As a first step towards embracing these, TCS is trying to bring all these opportunities for its own employees within the company.

"We are trying to bring in some of these elements for a certain section of our employees."

"We are doing a proof of concept of creating a gig workforce within the company,” says Lakkad.

One of the ideas already underway is the creation of a talent Cloud allowing people to work on any project from anywhere.

“The fact we are virtual or can work virtually after the crash course we received over the past two years gives us a strategic advantage,” he adds.

Lakkad agrees that attrition is high in major markets like the US and Europe, but compared to India the numbers are still low. In the US, TCS has been hiring 2,000-2,500 every year and will continue this year as well.