Attrition Rate

Wipro CEO says "not talking aboutthings illegal... really talking about being in an obvious conflict of interest; our employees understand that"

Cognizant in reaction to media reports on high annual attrition rate said the company was following its plan for promoting rapid growth, upholding dominant positions in important economic spheres, and increasing its global headcount to the largest ever.

Hybrid work reduced attrition rates at a large technology firm by 35 per cent and improved self-reported work satisfaction scores, with no negative impact on performance ratings or promotions, according to a new study.

The attrition rate in the Indian IT services major Tata Consultancy Services (TCS) was at 19. 7 per cent in the past twelve months, it said in a regulatory filing to the stock exchanges.

Here's why Tech Mahindra share price has fallen over 40% in 2022.

PhonePe said it plans to more than double its total employee strength to 5,400 across the country by the end of December 2022 from existing 2,600.

Tata Consultancy Services (TCS) said its IT services attrition rate - over the last twelve months - fell by 0.1 per cent. Attrition refers to the rate at which employees leave a company over time.

The 36-year-old Swiss marvel continues to defy the years and attrition rate, reaching his 30th Grand Slam decider and claiming his sixth Australian crown and 20th Grand Slam title.

Cognizant's annualised attrition rate stood at 23.6 per cent, including BPO and trainees, during the June quarter.

Following reports of layoffs and fears about further retrenchment in the slowdown-hit IT industry, there had been some talk in recent times about forming a union.

Kotak Institutional Equities has said Indian IT companies generally let go of 1-3% employees after annual performance measurement and this year, there could be a slightly higher proportion of layoffs - around 2-4%.

Infosys disappointed investors as it missed first quarter earnings estimates last week. The slower-than-expected rise in revenue (up 2.2 per cent/1.7 per cent quarter-on-quarter in US dollar/constant currency terms) forced Infosys to revise down its annual sales forecast, leading to a carnage in its shares on Friday.

Tata Consultancy Services on Thursday posted a net profit of Rs 6,317 crore on sales of Rs 29,305 crore in the June quarter, beating Street estimates.

In a competitive marketplace where talent is in short supply, some start-ups have introduced a "free-look" period wherein all new hires have the right to leave or stay based on a deeper understanding of the company's working culture.

The firm, which has been facing high attrition in the past few quarters, had an annualised consolidated attrition rate of 19.2 per cent in the quarter under review as against 26.4 per cent in the year-ago period and 18.3 per cent in March 2015 quarter.

Wipro CEO says "not talking aboutthings illegal... really talking about being in an obvious conflict of interest; our employees understand that"

Cognizant in reaction to media reports on high annual attrition rate said the company was following its plan for promoting rapid growth, upholding dominant positions in important economic spheres, and increasing its global headcount to the largest ever.

Hybrid work reduced attrition rates at a large technology firm by 35 per cent and improved self-reported work satisfaction scores, with no negative impact on performance ratings or promotions, according to a new study.

The attrition rate in the Indian IT services major Tata Consultancy Services (TCS) was at 19. 7 per cent in the past twelve months, it said in a regulatory filing to the stock exchanges.

Here's why Tech Mahindra share price has fallen over 40% in 2022.

PhonePe said it plans to more than double its total employee strength to 5,400 across the country by the end of December 2022 from existing 2,600.

Tata Consultancy Services (TCS) said its IT services attrition rate - over the last twelve months - fell by 0.1 per cent. Attrition refers to the rate at which employees leave a company over time.

The 36-year-old Swiss marvel continues to defy the years and attrition rate, reaching his 30th Grand Slam decider and claiming his sixth Australian crown and 20th Grand Slam title.

Cognizant's annualised attrition rate stood at 23.6 per cent, including BPO and trainees, during the June quarter.

Following reports of layoffs and fears about further retrenchment in the slowdown-hit IT industry, there had been some talk in recent times about forming a union.

Kotak Institutional Equities has said Indian IT companies generally let go of 1-3% employees after annual performance measurement and this year, there could be a slightly higher proportion of layoffs - around 2-4%.

Infosys disappointed investors as it missed first quarter earnings estimates last week. The slower-than-expected rise in revenue (up 2.2 per cent/1.7 per cent quarter-on-quarter in US dollar/constant currency terms) forced Infosys to revise down its annual sales forecast, leading to a carnage in its shares on Friday.

Tata Consultancy Services on Thursday posted a net profit of Rs 6,317 crore on sales of Rs 29,305 crore in the June quarter, beating Street estimates.

In a competitive marketplace where talent is in short supply, some start-ups have introduced a "free-look" period wherein all new hires have the right to leave or stay based on a deeper understanding of the company's working culture.

The firm, which has been facing high attrition in the past few quarters, had an annualised consolidated attrition rate of 19.2 per cent in the quarter under review as against 26.4 per cent in the year-ago period and 18.3 per cent in March 2015 quarter.