In the technology sector, at present, IT companies are raining money heavily on the employees. In this era, all the IT companies are taking various measures to woo the employees to save their talent pool.
The rising attrition rate has become a headache for the companies. In such a situation, various offers are being made to retain the talented employees with the company.
In this episode, the country’s top IT company HCL Tech has announced that it will gift Mercedes-Benz cars to its employees who perform better.
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According to the news published in the Times of India, the HR head of the company Apparao VV said that – This proposal has been sent to the board for approval. Let us tell you that the company had given 50 Mercedes Bench cars to its better performing employees in the year 2013. But later this tradition was discontinued.
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He further said that often the cost of replacement hiring is 15-20 percent. That’s why we are focusing on further enhancing the skills of our employees. If you want to hire a new Java developer in place of an old employee, then you will get it on the old salary. On the other hand, if you want to hire a cloud professional, then the cost increases.
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Meanwhile, while announcing the results of the first quarter of FY 2022, the company had said that this year it will recruit 20,00-25,000 freshers, which is 50 percent more than last year. Along with this, the company is also increasing the salary to prevent attrition.
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