Wipro launches staff retention plan to tackle attrition; to facilitate further academic pursuits

Wipro has launched one of its biggest employee-retention programmes, aiming to stem the exodus of experienced executives by offering them a chance to study at some of the nation’s premier engineering and management colleges.

The “Notch Up” programme is the second major initiative by India’s third largest software exporter this year to retain employees with five or more years of experience, as the rate of people leaving the company from this group is higher than Wipro’s overall attrition level of 17%, a senior executive said.

“How do we retain this group with (over) 5-6 years’ experience who get into Masters in IT or MBA? If we are able to provide them this (opportunity for higher studies),then it serves them and it helps us,” said Saurabh Govil, head of human resources at Wipro.

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