Attrition Rates of Major IT Companies in India

www.rakshithpai.com

Figures in % as of December 2022

Attrition rate is a metric that helps companies identify ways to retain productive employees and loyal customers.  As hiring has slowed down, the past few quarters have seen significant rise in attrition rates in these IT firms.  After analysing the scenario, experts are of opinion that the attrition rate is high because of the less growth opportunities in the IT sector as compared to other sectors.

What Is An Attrition Rate?

www.rakshithpai.com

Cognizant Technology Solutions

1

www.rakshithpai.com

Attrition Rates - 35%

Infosys Ltd

2

www.rakshithpai.com

Attrition Rates - 27.1%

Persistent Systems Ltd

3

www.rakshithpai.com

Attrition Rates - 26.9%

L&T Technology Services Ltd

4

www.rakshithpai.com

Attrition Rates - 24.3%

HCL Technologies Ltd

5

www.rakshithpai.com

Attrition Rates - 23.8%

Wipro Ltd

6

www.rakshithpai.com

Attrition Rates - 23%

Mindtree Ltd

7

www.rakshithpai.com

Attrition Rates - 21.9%

Tata Consultancy Services Ltd

8

www.rakshithpai.com

Attrition Rates - 21.5%

Tech Mahindra Ltd

9

www.rakshithpai.com

Attrition Rates - 20.1%