The IT sector in India now facing issues low margins and shrinking valuations for some time, the new aspect is employee dissatisfaction
The IT sector in India now facing issues low margins and shrinking valuations for some time, the new aspect is employee dissatisfaction
The employees are facing issues regarding human resources. There are some other issues like minimal salary hikes, cutbackks on variable pay with inordinate delays for new employees.
The employees are facing issues regarding human resources. There are some other issues like minimal salary hikes, cutbackks on variable pay with inordinate delays for new employees.
Employee Loyalty
Employee Loyalty
Apart from them, the sector is facing employee loyalty due to high attrition, moonlighting, and lay-offs.
Apart from them, the sector is facing employee loyalty due to high attrition, moonlighting, and lay-offs.
Recent data shows, the attrition levels in IT companies touch at another level, as Infosys reported a 27.1 percent attrition, 7 percent attrition, Wipro confirms 23 percent, TCS stood 21.5 percent attrition
Recent data shows, the attrition levels in IT companies touch at another level, as Infosys reported a 27.1 percent attrition, 7 percent attrition, Wipro confirms 23 percent, TCS stood 21.5 percent attrition
Bhavana Udernani says, "Rapid digitalisation across sectors has led to increased demand for IT professionals across sectots, Moreover, start--ups have also become major employers of IR ptofessionals."
Bhavana Udernani says, "Rapid digitalisation across sectors has led to increased demand for IT professionals across sectots, Moreover, start--ups have also become major employers of IR ptofessionals."
Delay of New Employees
Delay of New Employees
After getting the offer letter, the top MNCs showing huge delay to join the new employees. this is really a big concern for them
After getting the offer letter, the top MNCs showing huge delay to join the new employees. this is really a big concern for them
What is the Solution?
What is the Solution?
This problem can be solved by offering better employment to the employees who belongs to the lower band of the salary structure.
Maintaining coherent employee culture also can be a solution.
Apart from product and business, the CEO should focus on cutural transformation, and strategies to boost the interest of the employees.
This problem can be solved by offering better employment to the employees who belongs to the lower band of the salary structure.Maintaining coherent employee culture also can be a solution.Apart from product and business, the CEO should focus on cutural transformation, and strategies to boost the interest of the employees.