Attrition

This is a Guest Blog by Mr. Daya Prakash, Founder, TalentOnLease Compared to previous generations, today's workers are more likely to leave their jobs if advancement opportunities are limited or nonexistent. Any company that…

TCS, Infosys, Wipro and HCLtech among others are suffering from high attrition rates. Attrition trend The IT sector’s average attrition rate (last twelve months) is currently as high as 25 per cent. The last few quarters…

HCLTech, formerly HCL Technologies, added 8,359 employees in the July to September quarter. 300% growth in numbers This is up 300 percent from the last quarter in which it had made a net addition of 2,089 employees. However,…

Infosys on Thursday reported an above expectation growth of 11 per cent in consolidated net profit at Rs 6,021 crore for the September quarter. The revenue rose 23.4 per cent year-on-year to Rs 36,538 crore in the second quarter…

The staffing firms claim that Attrition rates at information technology (IT) services firms are likely to remain at elevated levels for the near term owing to the fears of recession in key markets such as the US and Europe. …

Cognizant reported a historic high attrition of 36 percent in the second quarter ending June 30. Attrition Highest Among IT Companies 36 percent is the second-worst quarter in the company’s history. It is also significantly…

40% Indian Employees Will Resign After Getting Salary Increment! These Industries Most Vulnerable To This Trend A survey has found that four out of every 10 employees want to leave their current organization post-increment. Survey …

Wipro Will Hire 100% More Freshers In 2022 As 23% Employees Resigned In 90 Days Wipro will hire 38,000 freshers in FY23, double the 19,000 freshers it had hired in the last fiscal. Handling Demand And Attrition The hiring spree is…

HCL Increases Freshers' Salary By 21%! Rs 4.25 Lakh Salary For HCL Freshers, Up From Rs 3.5 Lakh HCL Technologies Chief HR officer VV Apparao said that the firm has raised freshers’ salary from ?3.5 lakh to ?4.25 lakh per year. …

Find Out Why IT Employees Are Leaving TCS, Infosys, HCL, Wipro & Other Companies? At a time when digital transformation is at its peak, catalyzed by the Covid-19 pandemic, attrition rates in IT companies especially have surged. …