Attrition rate

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. …

An increase in attrition rate is a huge problem being faced by Indian IT companies of late, especially the IT behemoths like Infosys, Wipro and TCS too. An elevating face cost overloads and margin pressures are putting a…

Tata Technologies will hire over 4,000 employees in FY23, against its initial target of hiring about 3,000 employees in the FY. The Tata-owned engineering and design company Tata Technologies has announced that it will hire at least…

Employee retention is likewise a high priority for the Cognizant now! It’s high time for Cognizant to step up to curb the attrition rate! IT services giant Cognizant reports the highest attrition among its peers at 33%. Soma Pandey,…

Resigned From Job But Not Serving Notice Period? Pay 18% GST To Company Now! Quitting a job without prior notice isn’t advisable as per career perspective. You may not care about being in the good books but you may end up paying GST for…

Industry experts in a report have stated that IT companies and recruiters are now having to shortlist at least 5 candidates for one single job role while hiring The information technology industry in the country is witnessing a…

Cognizant In Shock As 33% Employees Quit In 90 Days; 1 Lakh Freshers To Be Hired, Special Incentives Offered Cognizant has announced that it will be hiring as many as 1 lakh freshers in the current lateral year. The company has…

37,000 Infosys Employees Resigned In Last 12 Months! 35,000 Freshers Will Be Hired By Infosys Now Infosys will hire 35,000 college graduates for FY22 across the world. As of June 30, 2021, Infosys has a workforce of 2.67 lakh…

Persistent System reported plans to add 2000 freshers to its company in FY22. The Pune-based technology services company Persistent Systems has announced to add about 2000 freshers and an undisclosed number of lateral entries to its…

43,000 TCS Employees Resigned In 365 Days; Attrition Increases To 8.6% In TCS, But Still Lowest In Industry! It seems that the attrition rate is rising in the Indian IT industry since the same is reflected in the quarterly results of…