Towards the last quarter of 2006, the five key computer firms in India increased their staff strength by another 23 thousand employees and their total headcount to almost 3 lakh. To those who came in late the top five software companies in India are TCS, Infosys, Wipro, Satyam and HCL Technologies. These figures are even more significant as salaries of existing staff have risen in an exponential manner and all companies posted a profit and growth of over 20 per cent of last years figures.
There is a good reason to look outside India for talent. Firstly Attrition rate in the Indian computer industry has been quite high around 12 â€“ 15 per cent; as the more experienced staff job hop for better prospects. It was reported that TCS had the lowest attrition rate in the industry at 10.8 per cent and that employees came from at least 60 different nationalities
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