Big fall in BPO jobs due to Global economic slump : ASSOCHAM
Attrition rate has drastically fallen in the IT, ITeS and the BPO sector thereby coming down to the levels of about 15-20 per cent during the last six months of calendar year 2012 as against about 55-60 per cent attrition rate during the corresponding period last year, the Associated Chambers of Commerce and Industry of India (ASSOCHAM) stated on Saturday.
Rate of attrition at all levels of the organisation has seen a fall ranging between 45-50 per cent between January-June, mostly due to a fragile global economy, according to a recent industry specific survey carried out by the Assocham.