In tech companies’ battle against high attrition, employees emerge as winners.

Concept by Shelley Singh and Muhabit ul haq


IT services companies are trying out multiple models to ensure ‘longevity’ of employees. These include more sops, opening centres in tier-II cities, nearshoring, accelerated promotions, and increased fresher hiring. However, employees see merit in moving on for better remuneration rather than being motivated by sops to keep continuing.

When attrition takes crisis proportions and companies can’t do much to retain employees, it is perhaps time to start looking at merits in employee churn.“It’s good, clearly the industry is growing,” says Sangeeta Gupta, senior vice-president and chief strategy officer, Nasscom. HR heads like Tech Mahindra’s global chief people officer and head of marketing Harshvendra Soin echoes the sentiment and says, “It’s not abnormal. Higher growth is

  • SAVE

Sign in to read the full article

You’ve got this Prime Story as a Free Gift

Already a Member?

ET Prime Special Offer



Get Offer

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.