Tag: Attrition

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...

Cognizant records an industry high attrition of 33 per cent

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

Tech Mahindra adds 14,930 employees, attrition jumps to 21% in Q3

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 to expand team, take on 5,500 freshers

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

Wipro to take on 17,000 from campuses

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

How MediaTek upskills its R&D talent to minimise attrition

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...

Why do traditional companies have lower attrition rates?

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

Cognizant to hire 100,000 laterals, 30,000 freshers

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...

Wipro to accelerate hiring, take on 30,000 freshers by 2023

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

Infosys to expand fresher hiring programme

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...

Attrition is infectious: how to deal with it

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

Wipro to give salary hike to 80% of its employees

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 will expand Indian team by 28,000 in 2021

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...

How SREI is facilitating its digital transformation phase

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: No appraisal in 2020, no mass layoffs, lateral hiring continues

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

Voluntary attrition at Wipro drops to 15.7%, campus hiring doubles  

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...

Attrition at Infosys comes down

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...

Leverage your organisation’s LMS to reduce attrition

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...

Hiring in IT sector has picked up significantly

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...

Is attrition a boon in disguise?

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

Warning signs every employee gives before quitting

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

Champs programme at Mahindra holidays helping employees to rise

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 blames H-1B visa rejections for attrition

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

Can Artificial Intelligence peep into the hearts and minds of the...

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

McDonald’s 3F programme shrinks its attrition rate

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

How are tenure loyalists different from professional loyalists

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

PharmEasy to double its employee base in six months

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.

Infosys’ employee retention strategy: proactive not reactionary

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

“Retail needs to offer its employees a career to stop losing...

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…

Why a coaching culture and not any other culture?

“Would you tell me, please, which way I ought to go from here?” “That depends a good deal on where you want to get to,”...

Former Twitter employee turns out to be a spy

Ahmad Abouammo, who used to work as a manager at Twitter, was found guilty of spying, money laundering, conspiracy and fraud. He has been...

Latest

Skill India to upskill 75,000 workers in NDMC via RPL programme

The National Skill Development Corporation (NSDC), knowledge partner of the Ministry of Skill Development and Entrepreneurship (MSDE), has launched a project to recognise the...

Is hard negotiation during an interview taken as a bad trait?

Today’s job market is very much a candidate’s market. With so many opportunities waiting to be grabbed, candidates are spoilt for choice, while employers...

Women form 36.1% of Wipro’s workforce, 22.2% of board of directors

That Wipro is serious about its mission to make the organisation diverse and inclusive in every sense of the word is clear from the...

Former Twitter employee turns out to be a spy

Ahmad Abouammo, who used to work as a manager at Twitter, was found guilty of spying, money laundering, conspiracy and fraud. He has been...

DIALOGUE

“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....

“Being good to everyone is being unjust to performers,” Mathew Job, CEO, Crompton

Q. In today’s times, what’s more challenging for a CEO like you — profit & business growth, talent & people, diversification, compliance or managing...

“A CEO needs to acknowledge the silent majority who create the company’s fortunes” S...

Q. RPG is a diversified group with businesses spread across sectors and domains. however, its brands have a strong individual identity unlike other business...