Tech to still lead hiring momentum but cos to focus on value for money: Rituparna Chakraborty, TeamLease

“I still think technology will lead the way in terms of hiring momentum, but side by side it is the right thing for organisations to remain focussed on productivity improvement because once you let go of that, it ends up haunting organisations in terms of their bottom line. So, the focus on productivity is going to be clearly the narrative point,” says Rituparna Chakraborty, Executive VP, TeamLease.

There are consistent pressures on the IT pack that we are seeing getting reflected in the stock market as well. The margin pressure is for all to seeWipro and TCS are holding back variable pay. Is this going to lead to further attrition or is the pressure on margins consistent across the board?