Tag: Infosys
Infosys cuts staff’s average variable pay to 60%
Information technology service company, Infosys has reduced its variable payout for Q4FY23 to 60 per cent, its lowest ever. In the first quarter of...
Infosys employees receive equity shares as rewards under two schemes
As part of two employee-related schemes, IT giant Infosys has recently granted over 5.11 lakh equity shares to eligible employees. This share allotment aims...
Infosys-Aramco tie-up to accelerate HR tech
Infosys and Aramco have signed a Memorandum of Understanding (MoU) to accelerate the latter’s human resource (HR) technology.
This collaboration will see the two entities...
Data analytics and not technology will redefine HR
Q. How satisfying has been your professional journey of 39 years?
A. It has been a bagful of mixed experiences. At times I have been...
TCS, Infosys, HCL have hired less in Q4 than last year
It’s not just Alphabet, Salesforce, Amazon, Disney and Meta that are slowing down hiring, many Indian multinationals have also hired less than the previous...
Infosys’ workforce strength reduced by 3,611 only
As per the quarterly financial results of Infosys, the Company’s workforce strength has seen a net decrease of 3,611 in January - March 2023....
“A combination of technology, data and people focus will make HR...
2022 was a volatile year for HR & workforce
The past year was an interesting year with business and people slowly returning to some semblance...
The Great HR Debate: What does it take for the HR...
While talent and people are undoubtedly crucial to business success, HR plays a vital supporting role in ensuring that the company has the right...
Shaji Mathew to be group head – HR, Infosys
Come March 2023 and Infosys will have a new group head – human resources. Shaji Mathew will step into the shoes of Krish Shankar,...
Why Indian conglomerates may be the safest bet for next-gen employees
Mass layoffs have been at the forefront of most news networks today. Companies of all shapes and sizes have been letting go of their...
Infosys terminates hundreds of freshers
Indian IT giant, Infosys, has reportedly terminated hundreds of freshers in recent months after they failed an internal fresher assessment (FA) test, according to...
Infosys to target 50,000 hires by end of FY23
Chasing a target of 50,000 hires at the start of FY23, Infosys managed to hire 40,000 in the first half of the year. Its...
Counter offers to retain people are like band-aids
Retention of employees is a common practice. In fact, with a shortage of critical talent, companies are quick to make a counter offer and...
Infosys cuts back on variable pay; announces 65% performance pay
For the second time this year, Infosys has cut back variable pay. In the previous quarter, it had granted 70 per cent variable pay...
It’s work-from-office for Infosys staff
Infosys wishes for its employees to return to office. The Company has internally communicated to its employees that the return-to-office will be implemented in...
‘Get managers’ approval & take on gig work’: Infosys to staff
In what appears to be an endeavour to control attrition, Infosys will now let its employees work on gig projects, as long as their...
Top performers of Infosys get 20-25% increment
A significant number of employees at Infosys received an increment of 10 to 13 per cent, while the top performers received an increment of...
Will Infosys design policies allowing staff to take on side gigs?
Infosys appears to be open to allowing employees to take up external projects provided their managers approve. In fact, media reports indicate that the...
Infosys accused of bias, discrimination
Infosys has been accused of discrimination while hiring. Apparently, the IT major avoided hiring women with children, people of Indian origin and those aged...
Infosys launches digital centre, to create 1,000 jobs in Calgary
Over the next two years, Infosys plans to create 1,000 jobs in Calgary, Canada. This is double the number the Company had originally promised....
Infosys warns employees against moonlighting
After Rashid Premji tweeted that moonlighting is comparable to cheating, a huge debate had started in the industry. While some industry leaders favoured moonlighting,...
Rs 140 Cr. will be the annual salary of Starbucks CEO
Laxman Narasimhan, who moved from Reckitt Benckiser to Starbucks as the chief executive officer (CEO), will reportedly earn a salary of Rs 140 crore...
Infosys cuts variable pay by 30% in Q1
It has been reported that Infosys has scaled back its variable payout for the first quarter, capping it at 70 per cent, cutting the...
Infosys to create 300 jobs for locals in Singapore
Infosys, the next-generation digital services and consulting company aims to hire 300 locals in Singapore by 2025.
This is the Indian multinational’s way of supporting...
Why HR also needs an HR
Who manages the HR processes, administration, operations and people strategy of a company? The HR of course.
When we talk about all the challenges of...
Salary revisions, increase in hiring targets at Infosys
Despite the impact on costs and margins, Infosys is planning to give increments to its employees in the hope of bringing down attrition rate.
In...