I don’t think this will increase attrition as the industry is no longer in the same situation as it was last year. Till last year, every outgoing employee had 2-3 offers in hand and they were calling the shots. Things have changed drastically in last 6-9 months. Aggressive hiring and pay cheques have moderated to a large extent. Also, in many companies almost 25-30% employees did not visit office at least once in last 2.5 years which has forced them to make it mandatory to WFO for 2-3 days during a week. This is not one off but a trend in motion currently which will keep the attrition on check specifically if the employees are looking for permanent WFH.
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