Latest Employee Attrition HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Employee Attrition.
Last week, Indias second-largest IT services company Infosys announced its fourth-quarter res...
Indian second-largest IT services provider, Infosys announced its QFY results yesterday and confi...
Industry lobby Nasscom on Tuesday said the problem of attrition afflicting the Indian IT sector may ...
I recently read the book– Work: A History of How We Spend Our Time’ by James Suzman, an engaging account of how Work has evolved. One of the parts is dedicated to a phenomenon around Talentwhere it talks about how McKinsey & Co. created ‘The War for Talent’ in 1998 to propagate a ‘myth of […]
The strength of a team is each individual member, yet there are occasions when the team achieves remarkable results due to the exemplary efforts and performance of some of the team members. Every organization has a few employees who invariably stand out due to their performance, irrespective of the job they perform. Assign any task and […]
The competition nowadays has skyrocketed in every field. Employee retention rates have dropped considerably because of numerous opportunities in the corporate world. With each company offering something or the other, it has become difficult for employers to hire people who will not make the switch pretty early or at all. Every field has a lot […]
Deepa currently serves as SVP-Human Resources (CHRO), & Corporate Affairs at Vistara, a joint venture of Tata Sons Private Limited and Singapore Airlines Limited (SIA) wherein Tata Sons holds 51% stake in partnership and Singapore Airlines owns 49% stake. The company is registered as TATA SIA Airlines Limited. Chadha brings with her 20 years of […]
Voluntary Attrition: Why Are People Leaving? When the pandemic began almost eighteen months ago, the corporate grapevine quickly became infected with news about furloughs and job losses. As industries adapted to a digital way of working, the pendulum gradually began to swing the other way. The locus of power shifted from Employer to Employee. Today, it’s […]
According to a TeamLease Services Employment Outlook Report, the attrition rate has skyrocketed by 8% in 2021. Analysts anticipate a 23% attrition rate in 2021. If this is the background then why are we not talking about attrition? Why are we talking about culture? When someone gets a heart attack, doctors do not discuss heart […]
You might not have thought about it but a high attrition rate is directly impacting your organization’s reputation. Today, retaining employees has been more difficult than ever before and it is a problem that needs to be addressed straight away. Employee attrition refers to the number of employees who leave an organization during a specified […]
Accenture, a global professional services company with leading capabilities in digital, cloud, and security will host a conference call at 8:00 a.m. EDT on Thursday, Sept. 23, to discuss its fourth-quarter and fiscal year 2021 financial results. A news release containing these results will be issued before the call. To participate, please dial +1 (877) […]
India’s largest IT major, Tata Consultancy Services (TCS) has reported an 8.6% attrition in the past year while announcing its first-quarter results of the financial year 2021-22. According to the TCS report, it was 7.2% in the previous fourth quarter of the financial year 2020-2021. Which has increased to 8.6% in three months. There is […]
Rising attrition in IT Industry is the biggest challenge that has come out due to exploding demand for digital talent. TCS, Infosys, Wipro, HCL Tech, Cognizant, and Capgemini, etc all the big IT service providers and facing high numbers of voluntary exits. Speaking with SightsIn Plus, Saurabh Govil, President & CHRO, Wipro said, “Attrition has […]
The US-based information technology (IT) consulting company Cognizant, one of the world’s leading professional services companies has announced its first-quarter 2021 financial results on July 28, 2021. Cognizant’s attrition for the first quarter escalated to a record high of 31%, of which 29% was voluntary attrition. The company has a total headcount of 301,200. A rough calculation shows […]
Noida headquartered IT Major HCL Technologies is planning to onboard 30,000 freshers in the financial year 2022-23 as company steps up its campus hiring as the demand and supply gap widens, said VV Apparao, CHRO, HCL Technologies. In 2020 we onboarded globally 14,600 freshers, and in 2021 we are targeting anywhere between 20,000 to 22,000 freshers, […]
