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IT cos see rise in attrition rate; GCCs now attractive choice for professionals

The New Indian Express Nagapattinam

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May 17, 2025

ATTRITION rate in IT services firms is slowly inching up as many IT companies saw increased rate in the March quarter as against previous quarters.

- UMA KANNAN @Bengaluru

ATTRITION rate in IT services firms is slowly inching up as many IT companies saw increased rate in the March quarter as against previous quarters. HR experts say this is owing to various factors including single-digit salary hikes in comparison to double-digit offers from other firms and better opportunities across global capability centres (GCCs), startups and product companies.

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