IT employees wooed with bonuses & bikes
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IT employees wooed with bonuses & bikes
Shilpa Phadnis & Avik Das / TNN / Updated: Aug 3, 2021, 14:10 IST
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BENGALURU: It’s raining jobs in Indian IT. But there aren’t enough qualified people. So resignations are soaring in the $195-billion industry. Everyone’s poaching from each other. Techies with a few years of experience are holding multiple job offers.
They are being wooed with joining bonuses. Fintech firm BharatPe is offering BMW bikes to new joinees. There are others offering iPhones and flexi-working. Some companies are even paying Rs 1,000 to Rs 5,000 each to candidates to take their assessment tests, irrespective of whether the candidates eventually join these firms.
IT employees wooed with bonuses & bikes
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It’s raining jobs in Indian IT. But there aren’t enough qualified people. So resignations are soaring in the $195-billion industry. Everyone’s poaching from each other. Techies with a few years of experience are holding multiple job offers.
TNN
(This story originally appeared in on Aug 03, 2021)BENGALURU: It’s raining jobs in Indian IT. But there aren’t enough qualified people. So resignations are soaring in the $195-billion industry. Everyone’s poaching from each other. Techies with a few years of experience are holding multiple job offers.
They are being wooed with joining bonuses.
IT cos offer non-financial perks to contain attrition
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Information technology (IT) companies are offering non-financial perks to employees to reduce attrition levels, which are likely to go up as the demand for tech professionals bounces back. Employers this year are offering more leaves, career enhancement paths, and flexible work environment as benefits, besides salary hikes to retain employees.
Hiring has picked up across the spectrum in 2021 and voluntary attrition may rise from last year’s low levels when people found it risky to change jobs during the pandemic.
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