Bengaluru-based IT services firm Happiest Minds Technologies, which has been facing rising attrition levels of late, is planning to hire 300 techies in each of the next three quarters, its top management said, as reported by news agency PTI. The Ashok Soota-promoted 11-year-old company had acute attrition of 14.7 per cent in the June quarter when its total headcount stood at 3,538, after net-adding 310 in the quarter to June. However for Happiest Minds, on an annualised basis the employee retention level increased from 16.2 per cent in Q1 of FY'21 to 14.7 per cent now, but fell from Q4 of FY'21 when it was 12.4 per cent. "We plan to add 300 people in each of the next three quarters of this fiscal. "So I am ready to budget for a net addition of 300 people in each of the next three quarters.

Source: Mint August 08, 2021 11:26 UTC