Tag: Attrition

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

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

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

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

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...

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...

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...

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...

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, 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...

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

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

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

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

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...

The trend of high attrition rates seems to be uniform for IT companies in the third quarter. However, Cognizant, the US- based tech company,...

Disclosing the results for the last quarter, Tech Mahindra reports that it has onboarded 14,930 new employees. With this, the total strength of the...

Larsen & Toubro Infotech (LTI) is gearing to expand its team by 5,500 freshers in the financial year 2022. It is working on increasing...

The rising attrition has forced Wipro to ramp up its hiring plan. It now intends to increase its hiring. Earlier, Wipro had announced that...

The semi-conductor industry, which manufactures semiconductor chips for smart devices, is currently facing a shortage of supply against an alleviated demand, globally. In a bid...

Controlling high rates of attrition has always been one of the more daunting tasks for HR professionals working in the services industry. With attrition...

In an endeavour to handle the rising attrition, Cognizant is gearing up for about one lakh lateral hires this year. About 30,000 freshers will...

In an endeavour to counter the increasing attrition level at Wipro, the information technology major is planning to hire more freshers, even as demand...

Amidst a host of employee-engagement programmes, Infosys is now gearing to battle attrition by taking on 35,000 fresh engineering graduates, globally, for FY22. To tackle...

Employees usually subscribe to a social group in an organisation. It could be a senior they look up to or just peers who hang...

On June 18, Wipro announced a salary hike for its employees which will impact at least 80 per cent of its workforce. The decision...

Cognizant is all set to recruit 28,000 freshers in 2021. Last year, the IT services company hired 17,000 to handle the voluntary attrition in...

It has been a tumultuous year for Indian non-banking financial companies or NBFCs owing to COVID-19. Jaidip Chatterjee, chief human resource officer, SREI, shares...

HCL Technologies, a subsidiary of HCL Enterprise, has decided not to have appraisals for this year, and this will be applicable for all employees...

The Company’s local employee base in the US is now 70 per cent In the 2019-20 period, Wipro’s campus hiring is said to have more...

Involuntary attrition on the other hand, has been on the rise, because of performance-based assessments Despite layoffs, the attrition rate at Infosys seems to have...

Business organisations need competent talent to meet their growth projections. In the ever-changing business environment, companies find it very challenging to ensure that profits...

While other sectors are struggling to survive and resorting to downsizing, India’s information technology (IT) companies, Tata Consultancy Services (TCS), Infosys and Wipro have...

Looking at the common mindset of people, attrition is a word which has always carried a negative connotation. When you hear about a company...

An engaged employee is one who is emotionally committed to the organisation, he actively participates, is motivated and happy at work. Whether he is...

Club Mahindra has a lot to offer to all its members during their vacations. From multi-regional cuisine to engaging activities, the travel and hospitality...

Infosys, the Indian multinational company, holds the high rate of visa rejections last year responsible for its poor employee retention. With US visa rules...

The HR personnel in any organisation work hard to put the right talent in place. They also help arrange for the new entrants to...

The programme aimed at offering flexibility at work, brings in the ‘fun’ element for its young workforce, and also helps them build a future.

The recent sensational corporate controversy at Tata Group raises a question on employee loyalty and its types. 

The company plans to expand its talent pool to 500 from a current strength of 200, which is further expected to grow ten times over the next two years.

The company’s two major initiatives aimed at employee engagement and retention have been in the pipeline for over a year now.

In his career spanning over 24 years, Lalit Kar, head HR, Reliance Digital has been involved in three start-ups and one closure. He is experienced in the entire spectrum of HR starting from industrial relations to organisational capability building.

Kar has spent more than decade managing HR in the organised retail sector. He speaks to HR Katha about the reasons for the high attrition rate in this sector and how companies can put an end to this problem…