)
HCL Plans on Rewarding Top Performers with a Mercedes-Benz
News 18Information Technology firms are bolstering their efforts to bring down their attrition rate and bring up their employee retention rate. But a cloud professional can’t be hired at the same price point,” He went on to add in the report that the company at present has a good retention package with a three-year cash-based incentive scheme which is around 50 to 100 per cent of the annual CTC. HCL’s attrition rate for the last 12 months basis went up by around 11.8 per cent in the June quarter according to the report. On the other side of the coin, industry giant, Infosys’ voluntary attrition rate came up by 13.9 per cent in the first quarter from the previous 10.9 per cent. Our onsite percentage is 24.3 per cent; it was around 27 per cent four quarters ago.” Even Wipro is not safe from this trend as the attrition rate for the company rose 340 basis points to 15.5 per cent according to reports.
History of this topic
HCL's big incentive for top performer employees - A brand new Mercedes-Benz
India TV NewsDiscover Related
)
)
)