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HCL sweetens deal for freshers with better pay

Source | | Romita Majumdar | Sai Ishwarbharath

HCL Technologies increased the compensation package of freshers to ₹4.25 lakh per year from ₹3.5 lakh and put in place comprehensive increment plans for the entry level during the previous fiscal year (FY22), chief human resources officer VV Apparao told ET.

This was aimed at attracting more talent and combatting an acute attrition challenge, he added. India’s third largest software services provider by revenue said it will take a few more quarters before the attrition rate

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