Friday, 24 March, 2023

Indian IT sector to see over a million resignations this year, despite bonuses

<p>Even with a 4.5M strong IT employee base in the country, companies are struggling to fill key positions, with rising demand amidst the pandemic. Software engineers are being lured with above-market salaries, 100 percent salary hikes, flexible hours and attractive packages. With employees willingly quitting jobs, attrition rate in IT Companies touched 21%, and the trend is set to continue, with the demand eight times more than the current talent pool.</p>