Talents Walking Out—and GCCs Are Taking Notice

‘Offer dropout rate in greenfield GCCs can still be as high as 20% if companies don't focus on sustaining new hires’.
Top 10 Companies Currently Hiring Tech Talent in India Amid Layoffs
  While GCCs (global capability centres) are riding high in India, the reality is not all sunshine and rainbows. The challenge of employee retention continues to plague the tech and GCC sectors. In 2022 and early 2023, as reported, offer dropouts (no show) in the tech sector was as high as 40%, and infant exits (employees leaving within six months) were also notable, ranging from 10% to 15%.  Even though the number of offer dropouts has decreased due to a shift in demand, the supply-demand balance in tech hiring remains skewed. GCCs, in particular, have been experiencing higher infant exits, which can be attributed to culture-related issues. Alouk Kumar, founder and CEO at Inductus Group, told AIM that the retention crisis in GCCs is a multifaceted challenge rooted in wor
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Shalini Mondal
Shalini is a senior tech journalist, exploring the latest advancements in AI. When she's not reporting on the latest innovations, you can find her immersed in her next literary adventure.
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