Voluntary Attrition: HR News, Trends & Workplace Insights

Latest Voluntary Attrition HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Voluntary Attrition.

Updated on: Jul 2023
Loading
How Infosys plans to reduce its rising attrition rates
Industry

How Infosys plans to reduce its rising attrition rates

Last week, India’s second-largest IT services provider company, Infosys has announced its Q3 financial results for the quarter ending on December 31, 2021. The company has reported an extremely strong quarter with 7% sequential growth and 21.5% year-on-year growth in constant-currency terms. Salil Parekh, Chief Executive Officer and Managing Director of Infosys said, “Our year-on-year […]

Read Story
Loading
Attrition comes down at Accenture, a good sign for IT Industry?
Industry

Attrition comes down at Accenture, a good sign for IT Industry?

A global IT Major Accenture has reported financial results for the first quarter of fiscal 2022, ended Nov. 30, 2021, with revenues of $15.0 billion, an increase of 27% in both U.S. dollars and local currency over the same period last year. Accenture’s revenue beat in Q1FY22 ($600 million) and a strong upward revision in revenue […]

Read Story
Loading
Voluntary Attrition: Why Are People Leaving?
Culture & Behaviour

Voluntary Attrition: Why Are People Leaving?

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 […]

Read Story
Loading
Hybrid Work Culture: Why skyrocketed employee attrition, and how to fix it
Culture & Behaviour

Hybrid Work Culture: Why skyrocketed employee attrition, and how to fix it

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 […]

Read Story
Loading
Wipro’s new Rewards & Benefits programs to retain its employees
Industry

Wipro’s new Rewards & Benefits programs to retain its employees

Recently in an Interview with SightsIn Plus, Saurabh Govil, President and CHRO, Wipro Ltd said that Attrition has always been a concern for the industry however now we are witnessing an unprecedented war for talent. He added, “We look at attrition at different levels. One level is the point at which attrition is happening and […]

Read Story
Loading
What is Wipro’s new plan to deal with Attrition Issues
Employee Engagement

What is Wipro’s new plan to deal with Attrition Issues

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 […]

Read Story
Loading
Over 37,000 resigned, Infosys to hire 35,000 freshers globally in this fiscal
Industry

Over 37,000 resigned, Infosys to hire 35,000 freshers globally in this fiscal

India’s second-largest IT services provider, Infosys plans to hire 35,000 college graduates for FY22 globally, said Pravin Rao, Chief Operating Officer, Infosys. Currently, the company has a total headcount of 2.67 lakh employees till June 30, 2021. Also Read- TCS iON offers a 15-day free digital certification program Pravin Rao said, “As the demand for […]

Read Story