Check attrition to get better increments, Wipro tells senior managers
Monday, 20th June 2011
Information technology (IT) major Wipro has decided to rate the performance of senior managers also on the basis of attrition rates in their teams.
Traditionally, the variable pay of these employees is determined on several parameters, including revenues and profitability of the firm and the performance of the division or unit he has worked with during the quarter under review.
Now, in a first of its kind initiative, Wipro has decided to add attrition as one of the key metrics to calculate the quantum of variable pay.
Publication : Business Standard