Tag: Attrition

TCS headcount dips by over 5600 employees

Tata Consultancy Services (TCS), the Indian IT services giant, experienced a consecutive decline in its total workforce for the second quarter ending in December...

High time employers aligned new employee experiences with expectations

Gone are the days when employees used to join organisations with the intention of staying on for a long time. Some from the older...

Wipro’s voluntary attrition rate falls; head count dips by 1,823 in...

As per Wipro’s financial results for Q4, the company witnessed a dip in employee count in the January to March quarter of 2023. The...

TCS, Infosys, HCL have hired less in Q4 than last year

It’s not just Alphabet, Salesforce, Amazon, Disney and Meta that are slowing down hiring, many Indian multinationals have also hired less than the previous...

Attrition at HCL Tech continues downward trend

Having onboarded 4,480 freshers in the March quarter, HCL Technologies now has a total workforce strength of over 2.25 lakh. The attrition rate has...

How different is ‘The Great Attrition’ from ‘The Great Resignation’

Although different terms, ‘attrition’ and ‘resignation’ are similar concepts. Both have a common outcome — loss of talent for the company. Hence, the two...

Infosys to target 50,000 hires by end of FY23

Chasing a target of 50,000 hires at the start of FY23, Infosys managed to hire 40,000 in the first half of the year. Its...

Accenture sees a significant dip in employee attrition

Accenture announced a seven per cent drop in attrition rate in its quarterly results on Friday. The IT giant announced a 13 per cent...

20% employers reveal salary range to staff: Study

Are employers paying a hefty premium to attract new employees post the Great Resignation? A study by Gartner seems to suggest so. Employees have...

‘Get managers’ approval & take on gig work’: Infosys to staff

In what appears to be an endeavour to control attrition, Infosys will now let its employees work on gig projects, as long as their...

Top performers of Infosys get 20-25% increment

A significant number of employees at Infosys received an increment of 10 to 13 per cent, while the top performers received an increment of...

Who is responsible for retention or attrition of employees — line...

People leave their bosses and not organisations,’ goes the familiar saying. If this holds true, then line managers are to be blamed for the...

Infosys cuts variable pay by 30% in Q1

It has been reported that Infosys has scaled back its variable payout for the first quarter, capping it at 70 per cent, cutting the...

Variable pay of Wipro’s managers, C-suite not released

Pressure on margins and supply-chain challenges are amongst the reasons why Wipro has decided to hold back variable pay of its employees. It is reported...

Early Attrition Affecting Company’s Performance? Avoid It With the Right Hiring...

A company’s attrition rate is the rate at which people leave. It is calculated by dividing the number of people who have left the...

Salary revisions, increase in hiring targets at Infosys

Despite the impact on costs and margins, Infosys is planning to give increments to its employees in the hope of bringing down attrition rate. In...

Attrition rate at HCL Tech increases to 23.8%, net profit up...

As on 30 June 2022, HCL Technologies reported an attrition rate of 23.8 per cent. This is kind of alarming since the attrition rate...

Wipro announces 10% increment, to grant promotions every quarter

In an attempt to control attrition, Wipro, the Indian multinational software company has announced that most of its employees will receive a 10 per...

Policybazaar’s unique contest allows employees to win their own house

Policybazaar, the Indian online insurance marketplace, has concluded the second season of its unique employee-engagement contest aptly called, Jeeto Apna Ghar (JAG). As the name...

TCS grants increments of 5 to 8% to staff, speeds up...

On 8 July 2022, Indian multinational company, Tata Consultancy Services revealed that its employees have been given increments between five to eight per cent,...

Infosys staff can expect at least 12% hike in salary

It is time for employees at Infosys to cheer. The IT major has decided to grant an average salary hike of 12 to 13...

Matchmaking services, wedding increments for SMI staff

Sri Mookambika Infosolutions (SMI), the Madurai-based global technology solutions company, offers free matchmaking services to its employees. Ever since its inception about 15 years ago,...

HCL hikes salaries at entry level

HCL Technologies, the Indian IT multinational, has increased the salary packages that it is offering to freshers. While earlier freshers were paid Rs 3.5...

TCSers log 22 mn learning hours in a Qr; acquire 3.5...

In the last quarter of FY22, employees at India's leading IT services company, Tata Consultancy Services (TCS) logged 22 million learning hours. The Company claimed in...

Life of a recruiter in a high-attrition environment

Endless interviews, chasing the candidates and making them accept the offer, ensuring a right fit for the role and achieving targets to fill up...

Does high attrition always reflect a bad work culture?

When we hear about a company’s high attrition, the common perception is that the work culture is not favourable. Without understanding the context and...

How this energy company is championing employee inclusivity & engagement

In today’s competitive business landscape, fostering an inclusive and engaging work environment is not just a feel-good initiative; it’s a strategic imperative. Jakson Green,...

Trident’s Asmita leaves blossom into inclusive workplaces

Forget the tired trope of corporate activism. In the heart of India's textile industry, Trident, a manufacturing company, is quietly weaving a revolution in...
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Engagement is outdated: The future of success lies in ‘employee involvement’

In the ever-evolving landscape of the contemporary workplace, a profound metamorphosis is underway, challenging the conventional emphasis on employee engagement. This paradigm shift posits...
Tata Steel employee vehicle ban

Tata Steel: Journey through excellence in talent acquisition 

Tata Steel, part of the Tata Group, is a multinational steel-making company headquartered in Mumbai, India. It is one of the world's leading steel...

Boeing faces lawsuit over alleged discrimination and harassment

After a lengthy career at Boeing spanning several decades, Rachel Rasmussen has filed a lawsuit against the company. The lawsuit asserts that Boeing employees...

Latest

UK govt simplifies hiring process; no more renewals for sponsor licences

The UK government has announced changes aimed at easing the process for local businesses to hire foreign workers. Effective 6 April, 2024, there will...

TTD announces wage hike for 9000 workers

The Tirumala Tirupati Devasthanams (TTD) Trust Board has decided to raise the wages of around 9,000 contract and outsourced workers. This was announced during...

Deutsche Bank staff unhappy about return-to-office mandate

When Deutsche Bank mandated that its employees should work from office thrice a week, it did not expect so much resistance and criticism from...

Three-day office week for Tech Mahindra employees starting April

After big tech giants such as Cognizant, Infosys and IBM, it is now Tech Mahindra that has joined the list of tech companies calling...

DIALOGUE

Data analytics and not technology will redefine HR

Q. How satisfying has been your professional journey of 39 years? A. It has been a bagful of mixed experiences. At times I have been...

EQ, IQ & empathy define the success of a CEO

Q. You spent 16 years at LIC before moving to a corporate role at ICICI Prudential. Now, 22 years on, I am still curious...

“The big change has been that we have moved from jobs to skills,” Amaresh...

Q. How would you define the culture at GE? A. Having been present in this region since 1902, GE has been around for 120 years....
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