Due to high attrition rate in leading IT giants the credibility of such firms are put to stake, there is also a big question mark on the service standards, and procedural codes set by them. This is because employees get immense job opportunities in other sectors and fields, which are far more lucrative and promising as compared to there IT, counterparts. Moreover, other options also provide better job opportunities and better service standards inclusive of better ambience in their work areas as well. Due to such a trend, which has set in these firms the adoption of placement papers for recruitment purpose became mandatory to convert the attrition rate into retention rate.
Among various firms oracle has adopted this principle of bringing out oracle placement papers for the sole purpose of inducting the cream of the entire strength of a college or an institution.
This resulted in a lesser and minimal number of employees from resigning from their jobs due to an added clause of a bond attached with the selection letter. This company has been granted status of having recorded the largest number of placement in the recent times, which is bound to increase with every passing year. Moreover, the salary structure is of such a tune that even after a laborious and rigorous schedule people hardly complains.
Similarly, mu sigma placement papers which are like a passport for getting entry into the company, which contributes, to the GDP of our country in a major way. This firm though very low in ranking is known for high salary packages and even an additional number of employee benefits and incentives, which are revised on a monthly basis.
Besides such placement, papers are not everyone’s cup of tea especially for those who throughout their entire academic life have been the average Joe. For getting through such papers one needs to have a thorough bookish knowledge and even beyond one’s syllabus one must know about the various activities related to their field going on in the real scenario.
Likewise, there have been talks about csc placement papers to be introduced in the arena and domain of selection of professionals for their regular office work. This firm, which has the maximum number of employees until date, is all set to revamp its plan and model of selection of candidates to be doubly sure of selecting the right and required number of people for the desired vacancies. It is an effort on the part of every company to play its cards right and not to land up in a murky mess with attrition being the order of the day.