The IT industry is battling high attrition due to numerous factors, such as demanding work culture, employee burnout, low compensation, limited career growth opportunities, a lack of work-life balance, etc. Moreover, the reluctance of IT professionals to resume work from offices has aggravated this problem further.
IT organizations must cater to the evolving needs of the employees so that they do not lose their top talent. Therefore, it’s imperative for these firms to develop effective retention strategies to combat unplanned attrition and protect their profitability.