The Covid pandemic has changed the working environment across board and specifically for those putting in hours in the IT sector. Work from home, slashed salaries and almost no accountability resulted in moonlighting or freelancing becoming the norm. But India’s renowned IT companies are now saying it out loud and clear for their employees - ‘No dual employment, no moonlighting!’ Read on.
According to the reports, the students received these offer letters after several rounds of interviews and a rigorous selection process.
The company has now terminated their employment for "act of integrity violation".
IT major Wipro recently shared the details about its future model of working and said it plans to embrace a hybrid work culture for its employees.
The trend in employee attrition has become a major concern among the IT service providers in India. As demand for tech professionals explodes, a record number of employees are either switching organisations or are planning to.
The positive trend in IT sector hiring is expected to continue in 2022 as IT major Wipro has revealed that it is eyeing to hire a record number of people next year.
As the demand for IT services and tech professionals remain strong, many companies are witnessing a manpower squeeze to cater to the client requirements. Even elevated attrition levels are acting as a double whammy. Big IT firms such as TCS, Infosys, Wipro and others have doubled up their hiring activities.
As India reopens and the COVID-19 pandemic is visibly on a declining trend, many companies are planning to end work from home. Offices are gearing up to call their employees back to the desks.
After almost two years of remote work, India's most valuable IT company, Tata Consultancy Services (TCS) reopened its doors to welcome its employees to office campuses again. According to a report by a national media (News 18), the IT giant has decided to end the work from home and requested its employees to come back to their base location by November 15 (Monday).
The IT sector in India is witnessing a yawning demand-supply mismatch in manpower. While the demand for tech professionals and software engineers is increasing, so is the attrition rate.
As demand for digital services explodes, there is a huge demand for IT professionals. This in turn is leaving techies with a lot of options to explore leading to resignations and higher attrition.
The work from home (WFH) concept had taken the front seat in the corporate sector after the Covid-19 pandemic forced companies to send employees home last year. Now, with new infections subsiding and vaccinations rising, companies want to get employees back to office complex again.
The IT sector is facing unprecedented talent crunch as the attrition rate has become one of the biggest concerns for companies.
Recently, a survey conducted by the IT industry apex body, NASSCOM stated that both employees and employers are equally interested in making a comeback to the workplace.
India's red-hot job market seems to have found its mojo back like the pre-pandemic period. Not only IT companies like TCS, Infosys, Wipro, HCL Technologies, but others have stepped up hiring never like this before. As per the latest Naukri JobSpeak survey, overall hiring activity in India has once again surpassed pre-pandemic levels in October.