Gross hiring in top IT companies in FY17 may fall on lower attrition

Posted on 06th May 2016 | 1033 views

5 avg. rating (100% score) - 1 votes

According to a research report gross hiring in top companies declined due to lower attrition rates. The report mentioned that attrition rates at Infosys, Wipro, TCS and HCL are at 2-3-year low. Drop in attrition levels are expected to ease wage hike pressures with some lag effect.

Gross hiring in top IT companies in FY17 may fall on lower attrition

Moreover, lower churn and stable project teams are also expected to facilitate project- level automation and innovation initiatives. Hence, less attrition level leads to reduction in total hiring numbers and shift in favor of campus/freshers; laterals hiring will be calibrated. TCS observed fall of its visa applications in April 2016 as compared to April 2015.

0 Comments on Gross hiring in top IT companies in FY17 may fall on lower attrition

Comment as a guest:

POPULAR POSTS

What is Appointment letter Format?

26th Jun 2018

Top 10 facts why you need a cover letter?

08th Jun 2018

Are you looking for a job in Event Management?

28th May 2018

Pharmaceutical job opportunities on rise in Gulf

23rd May 2018

MNC Vs Startup: Are you Confused to Choose between?

09th Aug 2017

Perspectives of Unemployment in India

01st Jul 2013

Have your Say!

View All

How consistently does your organization reward you for good work?


Very difficult

Reasonably consistently

Not at all consistently

Vote

Press Corner

View All

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd DMCA.com Protection Status