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Getty Images Synopsis Hiring talent and managing attrition are at the heart of the IT company business model. But Cognizant is struggling with it, so much so that it has been forced to pass up orders for lack of manpower. How did one of the largest IT services companies get into such a situation and is there a way out? Imagine a steel company, in the face of overwhelming demand, saying it is unable to procure enough iron ore to win new contracts. Or, a manufacturing company passing up orders because it couldn’t get enough raw material. This, when their rivals don’t seem to have the same problem.There’s something amiss for sure. But how can a Nasdaq-listed company with over USD16 billion in annual revenue struggle with such a fundamental part of its business? ....
Companies flaunt health plans to attract, retain talent SECTIONS Share Synopsis A large majority of companies believe employees’ physical and emotional well-being is a top priority over the next three years. The reasons are simple: Workplace stress has become more severe and companies want to remain attractive to good talent by adopting a sound employee wellness policy. Agencies Organisations are seeing how health and well-being measures have helped ensure higher levels of sustained productivity over a year now. (This story originally appeared in on May 24, 2021)MUMBAI: A well-articulated strategy for employee well-being is being leveraged by companies as a key differentiator to attract and retain top talent. ....
Blind faith in openness may result in a closedmindedness to what really matters, GUEST OPINION by Peter O’Connor, Vice President Sales – Asia Pacific,. ....