MNC R&D centres to hike salaries; attrition at 20 per cent
Friday, 6th May 2011
Salary in MNC R&D centres will increase based on factors such as individual performance, criticality of resources, centre maturity, experience pyramid etc and MNC R&D companies will be forced to pay premium for retaining and hiring talent, Zinnov Management Consulting says in its study on 'Compensation & Benefits Survey 2011'.
Attrition for many companies crossed 20 per cent in 2010, with only a few best in class firms managing less than 10 per cent, it adds.
Publication : TOI
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