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ATTRITION RATE 2024
Psychologists say one belief separates workers who bounce back after layoffs from those who struggleLosing a job can take a toll on both finances and mental health, but psychologists say one belief can make recovery easier: confidence in y...
Startup investing in India: Why angel investing is high-risk, illiquid, and suitable only for patient investors with diversified portfoliosIndian startup investing, once fueled by easy money, now demands caution due to market volatility and inherent risks. While success stories...
Infosys non-committal on pay hikes, keeps employees guessingInfosys management remained non-committal on salary revision timelines during a recent town hall, citing macroeconomic conditions and clien...
Cognizant CEO’s 2025 realised pay increases 30% to $10.7 millionCognizant Technology Solutions chief executive Ravi Kumar S took home $10.7 million in realised compensation in 2025, a more than 30% incre...
This industry gives the highest salary hike: Not IT or real estate; check what's driving salary success in 2026Salary hikes in India are stabilizing around 9.1% for 2026, a slight increase from 9.0% in 2025, as companies prioritize cost discipline an...
India salary hikes to stay at 9% in 2026; manufacturing, auto to leadThe manufacturing & engineering sector and the automotive sector are set to have the highest salary increases of 9.5%, with global capabili...
India Inc to see 9% salary increments in 2026, with manufacturing, automotive sectors set for highest hikesIndian companies are set to give average salary hikes of 9% in 2026. Manufacturing and automotive sectors will see the highest increases at...
India Inc's attrition rates in 2024 hit lowest point since 2020 amid subdued hiring environment, market uncertaintiesAttrition levels in India Inc dropped to 17.4% in 2024, the lowest since 2020, due to reduced hiring, layoffs, and economic uncertainty. Th...
Attrition rate surges among junior staff in private banksPrivate sector banks are facing high turnover rates, especially in loan and credit card sales roles, with attrition more than doubling by D...
Indian unicorns see net workforce decline amid layoffs, restructuring: reportIndian unicorns saw a 4.5% average attrition rate over the past year, with a net decrease of about 6,700 employees. Despite overall decline...
Indian IT services hiring to remain low till growth momentum picks up by H2 FY26: ICRAIndian IT services hiring is expected to remain subdued until the second half of FY2026 due to lower tech spending and macroeconomic uncert...
Attrition rates continue to remain high for MBA graduates; drop in pre-placement offers: StudyDeloitte India's study on MBA graduates reveals high attrition rates, location preferences, and trends in compensation and skills assessmen...
Attrition for MBA campus talent highest across degrees; employee turnover among campus hires drops in 2023 vs 2022, survey showsA survey by Deloitte has revealed that the attrition rate among MBA graduates hired directly from campus was the highest across disciplines...
IT service companies stare at second year of muted revenue growth at 5-7%: CrisilThe subdued outlook is attributed to continuing global macroeconomic headwinds lead to modest increase in technology spends in the key mark...
Transformations across sectors and demand for niche skills driving attrition trendsAttrition at senior levels in various industries like software, internet, gaming, and BFSI is influenced by factors like intra-industry mig...
9.6% average salary increase for India Inc in 2024: EY Future of Pay 2024 reportThe second edition of EY's 'Future of Pay 2024' report predicts that India Inc will witness an average salary increase of 9.6% in 2024, sim...
Salary hikes likely to remain flat this yearEngineering firms and non-banking financing companies (NBFCs) are likely to give hikes of over 10%, according to Aon. This set is followed ...
India Inc likely to give 9.5% average pay hike in 2024: AonThis year’s pay hike would be slightly lower than 2023's 9.7% amid tepid sentiment in sectors like tech consulting and services, ecommerce,...
Fewer workers exit India cos on global economic woes; attrition rate improves in 2023Lack of growth opportunities, inadequate compensation, job recognition programmes, workplace culture and poor work-life balance were the to...
Sharper differentiation for key talent amid drive towards a high performance cultureA recent survey by Deloitte showed that attrition for India Inc. dropped to 17% in 2023 compared with 19.7% in 2022. However, key talent at...