Page 5 - Attrition

Amid high attrition rate, Cognizant plans to hire 100,000 people this year

The firm, which had a quarterly attrition rate of 31%, als plans to recruit 30,000 at the graduate level

KPIT Technologies Q1 net up 2.5 times YoY to Rs 60 cr, revenue up 15%

Firm silent on attrition rate during the quarter, though it does see it rising before stabilising

We are prioritising growth in direct business: Nitin Rakesh of Mphasis

In a Q&A, the executive director and CEO of the firm talks about growth drivers, demand scenario in direct business and supply side concerns

As attrition rises, Wipro to hit campuses to hire record 30,000 freshers

The IT major will be making the offers at campuses in FY22, of which 22,000 will join the company in FY23

Mindtree surges 9%, hits new high on healthy June quarter results

Strong Q1, healthy deal pipeline and employee addition indicate robust growth for Mindtree in FY22E, ICICI Direct said in a note

Wage hike, attrition rise to impact IT industry's margins: HDFC Securities

IT industry's margins are expected to be impacted by wage increases as well as high attrition rate, said HDFC Securities.

Cognizant learns an HR lesson as people shortage impacts business momentum

A challenging strategy to accelerate growth has ironically dragged the former IT racehorse into bigger troubles over people management

At 21%, Cognizant sees highest IT attrition in January-March quarter

In the previous quarter, the company's attrition rate was lower at 19 per cent, though the level was 22 per cent in the January-March 2020

With attrition back, top IT players head to the campus for hiring

Employee exits could well impact their double-digit growth plans. Going by the commentary the top three IT services will hire over 75,000 campus freshers for FY22

To check attrition, Infosys offers 100% pay hike for 'power programmers'

Firm offering special quarterly skill-based bonus to high performers; attrition rate at present above 20%

Rupee fall may not prop up margins of IT cos, attrition, pricing to weigh

Higher pricing pressures in legacy business and rising costs of delivery have been negating margin benefits from rupee depreciation over the last two years

Attrition levels in India at five-year low, says Aon Hewitt survey

Services sector saw an attrition rate of 19.3%, compared to 12.2% in manufacturing