RANK 19: Kshema Technologies: Staff Turnaound Woes

This small Bangalore-based company is a new entrant which, surprisingly,
performed reasonably well on some key parameters–10th on overall satisfaction,
11th on training and 11th on average salary. It suffers, however, from short
employee tenure–2.2 years against an industry average of 3.5 years per
employee. And the highest attrition in the industry at 53.2%. Retention was also
way below the average at 61.1%. However, 38.7% of its own employees named it
their dream company, though 25.8% preferred Infosys and another 16.1% voted for
IBM. Kshema employees did not join the company for the technology they would get
to work on, but are very happy with that attribute. However, they gave the
company some of the lowest comparative scores on facilities, job content and
security, work culture and its performance appraisal system.