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Colgate Company Careers 2023 | Fresher Engineering Graduates Interview | Apply now
Introduction Colgate Company Careers 2023 :Colgate has Published notification for the vacancy of Analyst The educational qualification required to apply for this Colgate Company is B.E , B.Tech ,PGDM Interested and eligible candidates can apply for Colgate Company Careers 2023. There is enough time to apply for any job. Read Colgate Company date, last date to use, and full details of…
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Tech Mahindra Off Campus Drive 2022 | Freshers | Associate Technical Support | BE/ BTech/ BA/ BCA/ BBA | 2017, 2018, 2019, 2020, 2021, 2022 Batch | Chandigarh
Tech Mahindra Off-Campus Drive – Job Details:
Role: Associate Technical Support
Experience: Freshers
Salary: 2.5 LPA
Job Location: Chandigarh
Apply Link: https://ringingdoor.com/off-campus-jobs/2022-batch/tech-mahindra-associate-technical-support-job-hiring/61/
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Link: https://t.me/fresherjobsringingdoor
For getting the latest off-campus jobs details:
Check Here: https://ringingdoor.com/off-campus-jobs/2022-batch/
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Find out ways to control High Attrition Rate.
Attrition rate of an organization is often referred to “Churn Rate”. It is rate at which how quickly employee is switching Job. “Low Attrition rate” indicates that people are staying with your organization for a longer period of time. “High Attrition Rate” indicates that employees are switching job very quickly..
20% or higher attrition rate is considered to be High Attrition rate which a bad sign for an company. Any thing lower than 20% is considered to be fair rate.
Calculation:
Attrition Rate (%) =No. of employees that left workspace / Avg. number of employees
Let us understand what causes HIGH Attrition Rate in a company.
There are various factors that causes high attrition rate in an organization. This can include unfriendly work environment, Unhappiness about employee benefits and Remuneration, Low Pay scale, Less career growth opportunities, Work and personal life disbalance, poor job fit ment, Poor learning opportunities, Micro managing etc. Any reason where employee is unhappy results “Job Switching”. Which ultimately increases Attrition Rate of a Company. There are various external factors which causes turnover of employee such as accidental events like War, Natural calamities, International Trade restrictions, etc.
Can Attrition rate be more than 100% ?
Yes definitely!! you can absolutely get attrition rates of more than 100%. But remember that turnover numbers can vary substantially month to month.
Average Attrition rate in IT industry in 2021 was 16.3%
Source — statista.com
In recent events in India, Top IT companies like TCS, Wipro, Infosys have reported average of 25% + of attrition rate which is much of a concern for an organization.
What can reduce Employee Attrition Rate?
Improve Employee training programs
Apart from recruitment process, you company must focus on how you train employee, especially newly hired. Your motive for training employee is to enhance their knowledge of the products or services that you r company offer and be able to understand work process. See to it that your training programs are very interesting and focused to help prepare your employees to do their jobs efficiently and confidently.
Set up great work environment for everyone
Employees love the company when the culture around their desk is fun. 9 hours of their day they spend near that desk and if that is something they are unhappy with, there are high chances they will find better place to work.
Reward and recognition
Everyone likes when they are rewarded for their work. Appreciate your employee when they do some great things for company apart from regular assigned work. Believe me they will love it.
Corporate Politics
Either higher authorities are unaware or they pretend to be blind but this is “Dark Truth” which causes most employee to switch their job. Either it is senior, Old employee or so called “Favorite Employee”. These are the best reason an “New Employee” doesn't get credited for their work. Which eventually demotivates them to showcase their creativity.
“Right to Speak” -Proper Communication
Set up a right communication channel where employees can provide their inputs and share their views. 90% of time, in big companies this is ignored. Employees can hardly reach to right authority directly, which makes them feel unheard. Even there are various seniors in to carry message to high authority it is highly possible word are changed and sometimes their meaning too. Improving this communication flaw you can make feel employee important and happy.
Great Learning and Growth Opportunity
According to survey, 63 out of 100 employee leave their job because of low career growth opportunity. A real life example of my friend, she works in a big company “XYZ” but being a Gold Medalist in software engineering she is working on same part of project where she just need to provide support or some updates. Which in result made her skills limited and in highly competitive market she is still considered to be fresher because of lack of knowledge.
“Never do that to any employee”. Give them opportunity to learn new skills, enhance their skills.
Work life Balance
“Personal life is as important as professional life” This is way too hard for any organization to understand. Build a work culture where employee can manage their personal and professional like together.
Pay Scale
If not you someone else will, Your organization must be updated with market and Avg. pay scale of employee. Salary is as important as benefits, employee’s work money and actually they are sometimes bound too. So when you do not give what they deserve you will definitely loose them. You can call it hypocrisy of Employer, during yearly increment they become stingy and when that same employee resigns they offer better PayScale in order to change mind of employee and stay with organization. Wouldn't it be helpful for employer to offer better increment and prevent this circumstances in first place. 7 out of 10 employee refuses pay hike when that is offered after resignation.
These are some ways how your company or organization can prevent Attrition.
What is Safe Attrition Rate?
Rate below 10% is considered to be safe. whereas anywhere between 10%-20% is considered to be fair rate. And anything above 20% is considered very High and it is an indicator there is something wrong with organization.
Top 5 Consequences of High Attrition rate.
Loss of valuable resources, Knowledge, and experience
Loss of belief in the team’s competence
Increase in Hiring Cost, Training cost, and employment cost
Loss of Annual Gross Profits Margins
Loss of brand Value.
Due to recent world event’s like Russia — Ukraine War, Global inflation in Western countries, Supply chain disruption etc. IT sector companies are very much affected. One of the reason for high attrition rate is “Layoffs” as well. Due to these events companies are forced to switch their mode to cost cutting, eventually “Layoffs”
Apart from Internal changes the best way to control attrition rate is “C2C Hiring”
Although majority of big organization do some C2C contract hiring, but there is right way to do it.
What is C2C Contract Hiring?
C2C -Corporation to Corporation Contract. Where Company “A” hires Company “B” as their extended team or talent partner. Benefit of C2C is it is cost efficient compared to in-house hiring. It usually cost 40% less than in-house hiring.
Top 4 Benefits of C2C contract.
Hire as per need for limited duration (it is very efficient for any organization especially startup to limit their overhead costs)
0% Attrition as company “B” is entitled to replace left employee with similar experience and training.
Cost Efficient — Avg. rate of Software Engineer with 4+ years of experience is USD55/Hr. Where as if you hire employee with same experience on C2C contract it would cost you anywhere in between USD30 to USD40. (*Only if you hire outside United states). One of the best company to provide dedicated resources on C2C is Techforce Global.
Hire as many as resources in limited time frame.
Below are some references where you can find c2c contract resources.
Hire dedicated Java Developer on C2C
Hire dedicated Mobile App Developer on C2C
Hire Dedicated Developer Team for Project
Conclusion
Identifying issues within an organization must be first step toward improvement of Attrition rate of company. Accept and Improve the area where your organization is lacking behind and causing employee to switch their jobs. Finally improve your Attrition rate with Extended Teams and several C2C contracts.
Source - Marktech Media Medium
#attrition rate#attrition in it sector in india#Attrition rate control#Tips for C-Suite#C2C Contract#Hire Dedicated Developers#Extended Technical Teams'
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Prime 6 Data Science On-line Courses In 2021
As we mentioned earlier than, in phrases of Data Science, Pune is a extremely promising place both for school kids and working professionals. Another thing to bear in mind is that although full-time employment in well-established companies or rising startups should be your first desire, you can also select to be a freelancer in Data Science. There are loads of corporations who look for Data Science freelancers for small initiatives. Prof. Srinivasaraghavan has a Ph.D. in Computer Science from IIT Kanpur and 18 years of expertise with Infosys Technologies in addition to a number of different Fortune 500 corporations. Pune is a well-established industrial and academic centre in India. Today, Pune has stepped in the Data Science game as both giant companies, and small to medium-sized businesses are adopting Data Science methods of their enterprise infrastructure.
CLICK HERE..
Graduates freshers and workers working in organisations can leverage these opportunities to easily land a Data Science job. As far as Data Scientist is worried Python is the best programming language, with a lot of libraries out there. Pune is within the high 3 cities for Data Science opportunities with large skilled useful resource pool of information science professionals. Considering the demand of this expertise, many youngsters and many current working professionals are seeking a career in this expertise. As many institutes are offering several courses in this domain, you would register your self for this system that matches your specs. You must be keen about studying the instruments and techniques of Data Science. Being good at subjects like Mathematics, Statistics, Programming languages, Data Visualisation instruments can be add ons to gain experience on this area. If you are one among the many which would possibly be aspiring to turn out to be a knowledge scientist, You should concentrate on the various roles and duties of a Data Scientist.
DATA SCIENCE COURSE..
The matter of the project will vary from pupil to scholar, relying on the information science specialism . Students may even gain the power to develop software program scripts that implement superior data representation and processing, and demonstrate their impact on performance. Students are supplied with a complete protection of the issues related to information representation, manipulation and processing in terms of extracting information from knowledge, together with massive knowledge. They will apply their working understanding to the info primer, information processing and classification. They may also improve their familiarity with dynamic data house partitioning, using evolving, clustering and knowledge clouds, and monitoring the standard of the self-learning system online. The placement project represents a considerable, independent analysis project.
VISIT US AT :
ExcelR - Data Science, Data Analytics Course Training in Pune
101 A,1st Floor, Siddh Icon, Opposite Lane To Royal Enfield Showroom, Beside Asian Box Restaurant, Baner Road, Pune, Maharashtra 411045
E-mail- [email protected]
Phone Number- 919880913504
DATA SCIENCE COURSE IN PUNE..
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✅Infosys Job Purpose:- Infosys gives you opportunity for joining various posts Vacancies. Interested candidates can apply for the posts before the last day. All details about this jobs are provide below. Those candidates who are interested in Infosys details & Completed all eligibility Criteria can read the Notification and apply Online. To get all types of free job alert, Government Job, UPSC Careers job, SBI Careers, Data Entry Jobs, Part Time Jobs, Amazon Jobs, Google Career Jobs, SSC Recruitment , Railway Recruitment & all types of job related quires please visit our channel. Also Click here for Jobs in Bhubaneswar.
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♦ Customer Support Specialist
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#jobs near me#jobs for freshers#jobs in india#12th pass jobs#jobs#government jobs#goverment jobs#customer support jobs#work from home jobs near me#bda jobs
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Infosys Walk In Interview | Chennai on 13th July 23 | Infosys BPM
Introduction Infosys Walk In Interview : Infosys has Published notification for the vacancy of PTP/ RTR skills The educational qualification required to apply for this is Commerce graduates (B. Com, BBA and BBM) Interested and eligible candidates can apply for Infosys Walk In Interview. There is enough time to apply for any job. Read Infosys Walk In Interview date, last date to apply, full…
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TCS BPS Off Campus Drive 2022 | Freshers | Graduate Programme | TCS YoP 2021/2022 Batch | PAN India
TCS BPS Off Campus Drive- Job Details:
Job Role: Business Process Services Program (BPS) – Young Passing Graduates
Experience: Freshers
Qualification: B.Com, BA, BAF, BBI, BBA, BBM, BMS, BSc-IT/CS/General, BCA, BCS, BPharm/MPharm
Batch: 2021 | 2022 Batch
Salary: 2 - 3 LPA
Job Location: Across India
Test Date: To be Announced
Apply Link: https://ringingdoor.com/off-campus-jobs/2022-batch/tcs-bps-hiring/59/
Join our Telegram channel for the latest job updates | Join Now!
Link: https://t.me/fresherjobsringingdoor
Also Apply: Infosys: https://ringingdoor.com/off-campus-jobs/be-btech-jobs/infosys-recruitment-freshers-2022-entry-level-associate-analyst-pune/33/
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