As growth rate slows down, Indian IT companies need to learn to manage expectations of their employees, says a senior industry figure as he pitched for retraining of staff, in the era of rapid technology transition.When growth rate slows down, one has to manage the expectations of the employees within the company, former CEO of Bengaluru-headquartered IT major, Infosys Kris Gopalakrishnan said. So, you have to set expectations properly", he told PTI.Secondly, the former President of Confederation of Indian Industry said, technology is transitioning and, so, employees will have to be retrained. Yes, growth rate has come down, recruitment numbers are lower but it's still positive and the industry is still recruiting people", he said.Gopalakrishnan, however, said hiring is slowing down because growth rate has come down. For example, infrastructure management services, maintenance services where automation has had an impact. "Long term, it's exciting because you (IT industry) are part of transitioning that's happening in every industry.

Source: Economic Times July 25, 2017 09:00 UTC