Saturday, 16 July 2016

Infosys' Attrition Rate Climbs up Again

Attrition rate in IT major Infosys Ltd has climbed up again in April-June quarter of fiscal 2016-17 after declining over the quarters since its first non-founder Chief Executive Vishal Sikka joined on August 1, 2014. 

According to the employee metrics the global software major released on Friday, 10,262 techies left the company in the first quarter as against 8,373 quarter ago and 8,553 year ago. 

"Attrition rate increased to 15.8 per cent in Q1 from 12.6 per cent in January-March quarter (Q4) of fiscal 2015-16 and 14.2 per cent in like period year ago on annualised standalone (Infosys)," the company said in a statement.

On consolidated basis, attrition rate went up to 21 per cent in Q1 from 17.3 per cent quarter ago and 19.2 per cent year ago, as more employees left its subsidiaries, especially its back office (Infosys BPO).



For More Information Stock advisory company indore,Share Market Tips,stock advisory tips,best stock advisory company in indore,Nifty Future Tips,currency Tips,Stock Option Tips, F&O Tips,stock cash tips,Nifty Option Tips,Bullion tips And call us :-9827808090.

No comments:

Post a Comment