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Shvoong Home>Society & News>News Items>The times of india Summary

The times of india

Article Summary   by:punitha    
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It is evident at the end of march every year the companies are interested in exhibiting their prowess and strength by declaring their financial positions in the form alerting and anouncing dividends to the share holders. Wipro CEO MR Aziz premji has anounced the performance report of the company. The company has had substantial growth in service sector is evident that development sector has lagged behind in iots task performance. Mr CEO also attributes slow growth to attrition problem. Attrition is not a problem in the industry if viewed in right spirit. Only when a performer employee walks out of the organisation shall it be considered as a problem. the more employees are retained for a longer time they become non performing liabilities than assets. It is often seen that the companies view this as a problem. this gives an opportunity for organisation to opt for better performance driven employees. Mr premji should be happy if employees are contributing the organisational growth by leaving the company voluntarily.
Published: April 20, 2006   
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