Latest Employee Attrition HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Attrition.
Last week, a frenchnbspmultinationalnbspinformation technologynbspIT services andnbspconsu...
Wipro Limited, a leading technology services and consulting company has announced financial results ...
I have always said if there ever came a day when I could no longer meet my duties and expectations ...
According to the finding of Capgemini Research Institute’s latest report, the report finds that 34% of all employees are planning to leave their current company within a year. Of this group of employees who intends to leave, two in three (66%) plan to do so in the next three to nine months. Only 28% of […]
India’s IT sector has been dealing with an all-time high attrition rate over the last few quarters. Amid the rising attrition, IT companies are also fighting with issues such as moonlighting, shortage of digital talent, rising demand for tech talent, and increased compensation. Tata Consultancy Services (TCS), Infosys, and Wipro – the top three IT […]
The information & Technology Industry has reported a sharp rise in attrition since last year. The companies like TCS, Infosys, Cognizant, Capgemini, Wipro, HCL and facing the same challenge and also face cost overloads and margin pressures after the US recession fear. April – June Quarter Attrition In the last quarter this year, the companies […]
Information technology services and consulting company, Cognizant Technology Solutions Corp. has announced a historic high Attrion of 36 percent in the second quarter, ending on June 30, 2022. This is now under the spotlight after one analyst has demanded from the board of Cognizant to investigate the company’s underperformance, and possibly even consider replacing the […]
If you keep withdrawing money from your bank and won’t deposit anything over a long period, your bank account will come to the verge of closing. This depicts the need for balance in life. This balance is the sole factor that helps in running various industries efficiently and successfully. The food industry is no exception. […]
One of the world’s leading professional services companies, Cognizant has announced its second quarter 2022 financial results. Cognizant’s headcount expanded to over 341,000 employees globally in Q2 amid an intensely competitive labour market. The voluntary annualized attrition rate increased to 31% from 26% in the preceding three months indicating strong demand for tech talent across […]
IT services major, Tech Mahindra announced its first quarter financial results, Q1FY23 ended on June 30, 2022. The consolidated net profit fell 16.4% year-on-year to Rs 1,132 crore in the fiscal first quarter, deeper than what analysts had estimated on higher employee and subcontracting costs. The Cash and Cash Equivalent at USD 1,114 mn as […]
IT major, Infosys has announced that it has reached a total headcount of 3,35,186 employees in Q1FY23, with the net addition of 21,171 people in the first quarter ending on June 30. Furthermore, the company’s attrition rate has increased to 28.4% in Q1FY23 expanding by 70 basis points from 27.7% in Q4FY22. In Q1FY22, the […]
IT major, HCL Technologies has hired a total of 6,089 freshers for the quarter ending June 2022. The total headcount of the company is 210,966 globally. The total employees in the technical category were 197,226 employees while 13,740 employees were in the sales and support category as of June 30, 2022. In Q1FY23, headcount rose by […]
IT major, HCL Technologies is looking to hire at least 45,000 freshers in the financial year FY23 for catering to its attrition and growing demand. In FY22, entry-level freshers hired were to the tune of 23,000. HCL Technologies’ total headcount stood at 208,877 on March 31, 2022, In Q4FY22, the net hiring was 11,000 globally, […]
Today, the conversation around optimal workplace practices has shifted from focusing primarily on efficient business processes and customer satisfaction to transforming the employee experience (EX). Organisations are increasingly recognising the fact that employees are the driving force of a business, and much of their success hinges on a strong employee experience and culture. An employee […]
Accenture, a global professional services company with leading capabilities in digital, cloud, and security has reported its financial results for the third quarter of fiscal 2022 which ended May 31, 2022. Accenture has reported higher voluntary attrition at 20% higher than the previous quarter’s 18% in the second quarter and 17% in the first quarter. […]
