To contain the high attrition rates, companies are now using stay interviews. This type of interview was originally started during the business process outsourcing (BPO) boom, a report by the Times of India (TOI) stated.
In the stay interviews, companies have conversations with their employees to show that they are important to the organisation. They also address the problems the employees face, which may push them to quit the job.
Indian companies, especially IT, have been facing high attrition rates for several months. In the first quarter of the current financial year (Q1FY23), Infosys recorded the highest attrition at