News » Digital skills demand raises IT attrition rate in India

Digital skills demand raises IT attrition rate in India

The IT industry in India has the highest attrition rate among all sectors at 8.03% in the April to June 2021 period due to the high digital skills demand in the country, according to the latest employment outlook report by TeamLease Services.

Rituparna Chakraborty, co-founder and executive vice president, TeamLease Services commented that this high attrition is because “There is a fight, a literal talent war that is going on out there and clearly anybody is willing to offer more for those who would leave and take those opportunities up, which is the reason that the attrition is high.”

The report also shows the attrition rates on educational services which is at 7.45% and knowledge process outsourcing at 7.38%.

Other sectors that only have a “moderate intent to hire” like financial services reached a 36% attrition. While fast-moving consumer durables has 35%, and power & energy has a 33% rate.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.