“One of the report’s findings was that a lack of quality management or leadership is a major factor in higher employee disengagement and that 20-22 lakh employees are expected to leave their jobs by 2025…”
“…The survey indicated that 57 percent of IT professionals would not consider returning to the IT services sector in the future.
According to the report, one of the most common misconceptions is that increasing salary or perks is the only way to improve job performance. While employees will accept a pay increase, employee needs and priorities have changed, such as the desire for flexibility, career growth, and employee value proposition. Employees are reevaluating their jobs on these grounds and quitting well-cushioned jobs, the report said.
“With the usual demand for salary hikes and other benefits, the main attraction for employees in their new jobs is ‘Great Reflection’ on the internal policies and external factors that should be relooked at by employers as we are viewing great changes in the employees’ feelings about work and life,” he said.”
IT services attrition at 25.2% for 2022, troubles to continue: Teamlease report (moneycontrol.com)
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