Attrition rate

Infosys will roll out salary hikes for its employees in July 2021, which will be the second in the current year. In its 40th Annual General Meeting (AGM) held virtually over video conference on June 19, Infosys’ COO Pravin Rao stated…

This PSU Will Ask 13,000 Employees To Leave Every Year For Next 5-10 Years Coal India Ltd (CIL) is planning to reduce 5 percent in manpower every year for the next 5-10 years to reduce costs as per its announcement on Tuesday. Why…

Cognizant to hire over 28,000 freshers from campus placement in 2021. The information technology industry in the country is witnessing a revolutionary shift, in terms of demand for new-age digital skills. In addition to increasing…

IT Employees Getting Upto 70% Salary Hike On Switching Jobs; 25% Staff Can Quit Their Existing Firms By 2021-End The information technology industry in the country is witnessing a revolutionary shift, in terms of demand for new-age…

1.2 Lakh Cognizant Employees Left In 2 Years; Attrition Rate Alarmingly High At 18% IT major, Cognizant has described some surprising statistics in its annual report. It revealed that the annual attrition rate of the company in the last…

Infosys has recorded an unanticipated profit and revenue growth in the third quarter of 2020, ending on December. The Bengaluru-based Indian IT giant Infosys has reported exceptionally green performance numbers in the third quarter,…

TCS, Infosys, Wipro, HCL Increase Lateral Hiring Of Outsiders Even As Fewer Employees Are Leaving! The Covid 19 pandemic has given rise to a steep fall in new hiring and job vacancies. Every industry sector, including the IT industry…

Infosys CEO's Salary Is Rs 46 Crore, Increased By 27%; Infosys Will 'Cut Costs' As Projects Vanish Due To Covind-19 These are tough times, not just for the ones following lockdown sitting in homes but also to industries. This time is…

Infosys' Attrition Rate 24%; Incentives, Trainings Planned Every company has an attrition rate, and Infosys has got the worst of it. The popular IT organization has a huge attrition rate, probably the highest of them all - a whopping…

It looks like adhering to escalation in costs, due to scarcity of enough talents and replacing temporary workers for permanent ones, there has been quite an inverse affect on the IT markets, especially the ones operating in the US, in…