Wipro’s Q1 employee addition highest in a decade – Times of India

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    BENGALURU: Wipro added 12,178 employees in the June quarter, which is 80% of what it added in the last financial year and the highest in the last decade. Wipro’s headcount crossed 2 lakh in the quarter. Voluntary attrition rose 340 basis points sequentially to 15.5%.
    “The dramatic shift to a remote working environment has made labour across all sectors and markets more mobile, and liberated. Therefore, higher attrition has become a universal issue. Wipro acknowledges this and is adapting quickly,” said Wipro CEO Thierry Delaporte.
    Wipro president and CHRO Saurabh Govil said the company is ensuring that supply chain constraints and attrition don’t come in the way of growth. “We plan to hire over 6,000 people in the September quarter. We have announced a salary hike for 80% of our employees effective September 1st, the second hike in the calendar year after the one in January,” he said.
    There have been two rounds of promotion cycles and a third is due in December. Govil said 10,000 promotions were given during the June quarter compared to 7,300 in the year-ago period. “We will hire 12,000 freshers this year and make 30,000 campus offers to be onboarded next financial year. About 22,000 people will join next year.”
    Govil also said the company is offering skills-based bonuses to employees and about 10,000 of them have got it in the June quarter. “It forms 10%-20% of their salary.”
    He said a majority of the attrition is in the 2-5 years’ experience levels. He said there’s some inflationary pressure in people costs as rehiring and backfilling talent is going to come at a higher cost. “The attrition levels will be higher for a few quarters,” he added.





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