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HDFC Ltd s integration with HDFC Bank: Here s why employees can now have the best of both worlds

HDFC Ltd s integration with HDFC Bank: Here s why employees can now have the best of both worlds
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

The Inspiring and Successful Leadership Awards 2023 Presented in Mumbai

The Inspiring and Successful Leadership Awards 2023 Presented in Mumbai
aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.

Sarkaari banks trump private peers in drawing fresh talent

High attrition rates in private sector banks has increased the appeal of public sector banks (PSBs) for job seekers. HDFC Bank, Axis Bank and Kotak Mahindra Bank have all recorded attrition rates between 34% and 50%, whereas PSBs such as State Bank of India, Bank of Baroda, Punjab National Bank, and Canara Bank have experienced attrition rates of less than 5%.

Why major banks continue to face high attrition

Banking bellwethers, who account for over 30 percent of the sector’s workforce, tackled 26 percent attrition and raised their collective headcount by 16 percent, going by data from staffing firm Xpheno.

work diversity: Why mandatory return to office could come at the cost of a diverse workforce

The Covid-19 pandemic has led to a significant shift to remote working practices, impacting the gender balance of workforces as surveys have indicated that many women would consider quitting if remote working ended. According to HR executives, employers offering some degree of flexibility stand to benefit by retaining a more diverse pool of talent.

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