In 2022, internet and e-commerce industry had the highest attrition rate among the technology sector of around 28 percent. Compensation and benefits were the primary reason for attrition in the technology services sector, followed by role and career path.
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The IT sector has the highest attrition rate as compared to other sectors in India with 23% in 2022-23 according to a business today report.
Dec 27, 2023 ˇ The IT/ITeS sector experienced the most significant decline, dropping from 21.3% in 2022 to 15.5% in 2023, as per the Deloitte attrition survey ...
Apr 24, 2023 ˇ India's software services companies are expected to see a sharp drop in attrition rates in the coming quarters, from the current 20%-plus to as low as 16%.
Mar 4, 2024 ˇ The attritionon rate in India in 2023 was over 18 percent, a decrease from the previous year. Out of total attrition, four percent was involuntary.
The Indian IT industry in the recent past has been dealing with an all time high attrition rate that is averaging around 25 per cent as per a few market ...
May 2, 2023 ˇ In the coming quarter, a steep drop in the attrition rate from 20% to 16% in tech companies due to hiring freezes and layoffs.
Jul 11, 2023 ˇ According to staffing firm Xpheno, average attrition among Indian IT service bellwethers could drop to the 18 per cent mark for Q1 after 19.5 ...
Jul 25, 2023 ˇ Attrition rate stood at 16.3 per cent for Q1 FY 24, down over 300 basis points from 19.5 per cent in the previous quarter ended March 2023. The ...
Apr 20, 2024 ˇ The attrition rate declined to 12.5 per cent in the March quarter compared to 13.3 per cent from the preceding December quarter. The IT major's ...
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