Wipro's secret of reducing attrition: Quarterly promotions, salary hikes

On delay in onboarding freshers, the company said that it will honour every hiring offer it has made

Quarterly promotions, salary hikes and a clear five year path on how an employees career and compensation will look like has helped Wipro, India’s fourth largest IT services company to bring down its attrition for the third straight quarter.

“We are clearly seeing our investment in freshers working out. We are giving them a five-year plan as to how their career and compensation will improve and that will help them. We are doing this more so with the freshers who are joining us now. And off late the market condition has also helped us in bringing the attrition down,” said