With economy rebounding, attrition which was not at all a problem for employers last year has started to shoot high.
Wage inflation is back. Though this year it will be around 2-8% on average surely by next year it may touch double digits.
According to Nasscom, the Indian IT industry will hire around 90,000 staff this year, taking the total IT workforce to around 2.3 million. Last year, the industry added only around 20,000 professionals as companies stalled their hiring plans.
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