December sees 40% decrease in IT staff’s salary increase expectations

Image Credit: Techcrunch
  • Salary increase expectations for IT staff decreased by 40% in December.
  • Attrition has decreased from 25-30% last year to about 20% in the December quarter.
  • The lag in salary hikes is likely to help companies improve operating margins.
  • Operating margins have been under pressure due to the high cost of talent.
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