Saturday, December 20, 2008

Filled Under:

Top IT companies are easing exit policies


Source: The Economic Times
According to sources in executive search firms, top IT companies companies are easing exit norms and imposing zero-tolerance regime to reduce their headcount without resorting to large-scale layoffs. IT majors like Infosys, Wipro, TCS, Polaris and Cognizant, to name a few, are easing stringent exit policies and waiving bonus tie-ins, they say.

Some are also increasing the working hours to squeeze out maximum productivity without doling out extra salaries. This is in sharp contrast to the last year when IT/ ITeS companies were doing everything possible—from doling out huge salary hikes and counter-offers—to keep their flock together in the face of a talent crunch across industries. Click here for complete story.

0 comments:

Post a Comment

Blog Archive