Wipro Limiting Staff Stints at Client Locations

December 21st, 2011 by Rahul Jain Leave a reply »

Wipro Ltd. said Tuesday it is strictly restricting the time an employee of its technology outsourcing division can spend at client locations to two years, in a move perceived to be aimed at checking attrition.
In a statement, India’s third-largest software exporter by sales said it will start rotating employees on assignments at client locations as part of the policy, which was designed a few years ago.
“We have found that this rotation policy provides an equal opportunity for all employees to be part of the client’s environment,” it added, adding that it could extend the period by up to six months if there is any customer requirement.
Assignment at client locations abroad has been a tool that Indian technology companies use to attract employees.
The policy may help Wipro motivate its staff as such assignments are often considered lucrative as those working abroad get payments in foreign currencies for the number of hours they put in.
At the end of the September quarter, Wipro had 131,730 employees at its outsourcing unit, where the attrition rate was more than 21%.
Bangalore-based Wipro restructured its technology services division earlier this year to give an impetus to the business that has been struggling to find traction after the economic slowdown.

Source:http://online.wsj.com/article/SB10001424052970204879004577109913912351698.html

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