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Attrition rates of Wipro, TCS, Satyam and Infosys
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Retention Home » Attrition rates of Wipro, TCS, Satyam and Infosys
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Inspite of being IT giants, these 4 companies are facing high attrition rates. They are facing problems in retaining their employees irrespective of the fact that they are providing an attractive compensation packages to their employees. TCS, infosys and wipro faced high attrition rate as compared to satyam.
Wipro: The attrition rate of wipro is 16.2% during the last quarter of 2006-07. On annual basis, the attrition rate of wipro BPO was 48 %. The main reasons being told are the odd working hours and the higher studies. Wipro’s attrition rate is the highest in the industry.
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Satyam: Attrition rate for Satyam for the period January-March 2007 was 15.7%. It has declined to 14.9%
Infosys: Attrition rate for infosys for the period April-June 2006 was 11.9%. But now it has increased to is 13.7%, same as in the last quarter. (Wants to Know More)
TCS: The attrition rate for TCS is 11.5 %, up from 10.6% last year.
These firms collectively hired more than 25,000 employees in the April-June period. The total headcount for these 4 organizations became 2,85,357.
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