Tag: Attrition

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

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

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

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...