From retention to 'voluntary' attrition, IT rethinks strategy

May 17, 2023 ETJOBS 0 Comments

Several companies are looking at rationalising their workforce expenses over the next few months through different means including putting more people in the lowest bands during performance appraisals, reducing bench period thresholds, and putting a freeze on variable pay for resources with low utilisation to encourage voluntary attrition of people on the bench, among various other methods, they said.

source https://economictimes.indiatimes.com/jobs/hr-policies-trends/from-retention-to-voluntary-attrition-it-rethinks-strategy/articleshow/100286755.cms