Overall staff addition still stagnant in IT sector

by khalid on 23/02/2010 · 0 comments

Hiring activity is gathering pace in the Indian IT industry as all big companies from the sector are announcing their hiring plans for the next fiscal. But there’s a catch as this hiring spurt may not translate into net employee additions!

With the return of higher IT budgets, attrition is back as well.

Technology research firm Forrester Research estimates the attrition levels to touch 13 per cent in the coming year. So, that’s likely to impact the net employee additions for all the IT companies.

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