Everybody talks of attrition rate of TCS, Wipro, Satyam, Infosys. Before passing any comments just see the size of the companies. They are huge, giant and head count is massive. What should be considered here is the ratio of the employees leaving with that of the head count. Percentage gives the correct picture. Now companies like L&T Infotech, Patni, Hexaware are the worst when it comes to attrition rate. There the head count is less, large portion of employees are freshers paid very less compared to their counterparts!!! So better focus on the Percentage and not on the figures!!
RE:L&T Infotech Tops the Attrition Rate
by tiger on Jul 23, 2007 07:17 PM Permalink
L&T infotech is not an IT company,they are basically training institute.
RE:L&T Infotech Tops the Attrition Rate
by Chitranjan on Jul 23, 2007 07:32 PM Permalink
ur not paid in training insitute. ru paid in training institute...??? how can you say l&t infotech is training institute?
RE:L&T Infotech Tops the Attrition Rate
by Narad on Jul 23, 2007 06:57 PM Permalink
Kelly you are right, people only seem to see the glamour image of IT, not the pain....
RE:L&T Infotech Tops the Attrition Rate
by MissionHOF on Jul 23, 2007 07:02 PM Permalink
ur right but tier-two companies like patni,lnt,capgemini have their attrition rate controlled to some extent by asking freshers to sign service agreement, H1B bonds,which puts brakes on the attrition rate to an extent.
RE:L&T Infotech Tops the Attrition Rate
by ravi on Jul 23, 2007 07:14 PM Permalink
WHo said you TCS and satyam does not sign bond with freshers ? they do for your kind information . i dont have information regarding other two indin compay-infy,wipro
RE:L&T Infotech Tops the Attrition Rate
by Chitranjan on Jul 23, 2007 07:22 PM Permalink
rite..but the bond period is 1 yr in tcs and satyam. but in companies like Larsen & Toubro Infotech its like 2 yrs for freshers and if you get in trap of H1B bond then add another 22months (24 22) i.e near about 3.5 to 4 yrs of bond period.its shit.
