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DIGITAL ATTRITION LESS
IT firms refresh game as Gen Z employees move on fasterThe Indian IT sector is currently witnessing a wave of replacement hiring, largely driven by the rapid job transitions of Gen Z workers. Un...- IT firms redraw hiring strategies as GenZ moves on fasterIndia's IT sector is experiencing a surge in replacement hiring. Gen Z professionals are leaving jobs at a faster rate, prompting companies...
- IT not so positive? Bench strength of companies shrinking fastUnlike cricket, India’s IT services industry is groaning under a weakening bench strength. The bench strength for IT services, long seen as...
- IT firms delay campus hiring on low demand visibilityAccording to data from TeamLease, the Indian IT sector will hire 40% fewer freshers compared with FY23, when they onboarded 2,50,000 engine...
- As attrition drops, Indian IT majors eye higher marginsAttrition rate over the past 12 months has dropped to 17-18% across the sector, say experts.
- India no longer low-cost IT offshoring destination: Rishad PremjiWipro Chairman RIshad Premji said he was bullish on the long-term prospects of the Indian IT sector despite the macroeconomic headwinds.
- IT Industry facing a perfect storm in terms of talent issues: Rishad PremjiPremji’s remarks have come at a time when the IT industry has witnessed high levels of attrition in the quarter ended June 30. Among the to...
- Cognizant’s net income rises amid strong digital business growthThe quarterly net income, representing the bottomline performance, stood at $563 million for the quarter against $505 million a year ago. E...
- Infy grows faster than TCS in Q1Revenue climbs 12.4%; co bags large deals of over $2.7 billion — highest in a quarter
- Infosys has new sops for staff, CEO Salil Parekh to get Rs 10 crore sharesCEO Salil Parekh will get shares worth Rs 10 crore under a new employee stock option plan.
- H-1B visa denials behind attrition, says InfosysCompany, which faced most US visa rejections in 2018, saw attrition cross 18% in Q4.
- Wipro plans to double campus hiring this year as company sees growthAs the top four Indian IT cos see resurgence of growth, demand for young talent are seeing a steady rise.
- Wipro rolls out bonus plan for juniors to curb attritionWipro will pay bonus with the January salary, primarily to employees in the B1 and B2 bands.
- Digital Attrition: Less work, more employees create imbalance in IT industryEmployees with digital skills are in high demand and get better hikes. Lack of projects within the company gives them an incentive to move ...
- TCS pretty confident of maintaining current utilisation levels: Ajoyendra Mukherjee, EVP & Head - Global HR"We are at an inflection point where automation and produtivity improvement are actually playing out and showing tangible results."
- Attrition rate lower in Pune as switching jobs less common within the city’s budding startup ecosystemIn Pune’s startup ecosystem, the employee culture and a rotating talent pool from numerous colleges all contribute towards a lower attritio...
- ITeS to see highest attrition at 21%; exits at junior levelITeS is likely to witness high exit rates across different levels of management, the maximum attrition would be recorded among the junior s...
- India Inc may see attrition rates as high as 31%India Inc is likely to see attrition rates as high as 31% during the three months ending June, as employees unsatisfied with annual salary ...
- Hindustan Unilever to hire over 1,000 people annually for next 2-3 yearsHindustan Unilever (HUL) will hire about 1,050 people each year for the next two- three years, a top official said on Friday.
- HUL to hire over 1,000 people annually for next 2-3 yearsLeading FMCG major Hindustan Unilever (HUL) will hire about 1,050 people each year for the next two- three years, a top official said today.
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