IT Majors Rejig Retention Strategy as More Junior Staff Head for Exit Door | In the News

If acquiring talent is a challenge, retaining them is even more daunting as IT companies continue to grapple with the issue of attrition, especially among freshers who tend to leave the company in less than five years.

Abhishek Singh, Vice-President at the Everest Group, a research firm, disagrees with the view that lack of onsite opportunities causes attrition among youngsters.

“Jumping from one company to another will not satisfy employees’ on-site aspiration. The biggest driver of attrition is the low entry-level salaries,” he told BusinessLine.

Read more in The Hindu Business Line

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