Infosys adds a total of 5,000 employees between Sep '08-09

Image
Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 11:59 PM IST

Notwithstanding the economic slump, software services firm Infosys Technologies has increased its headcount and has made a total addition of over 5,000 employees in the last 12-month period.     

The total employee strength of the group stood at 105,453 till the quarter ended September 30, where as in the corresponding period a year ago the figure stood at 100,306, Infosys said in a statement.     

During the quarter, there was a gross addition of 6,069 employees for Infosys and its subsidiaries and a net addition of 1,548 employees, even as the hiring trend across the board was on a downslide.     

In a bid to wriggle out of the economic crisis, Infosys made certain changes and adopted new methods of company management.     

"In response to the economic crisis, we had stepped up our investment in training. This has made us more competitive in fulfilling clients' needs today," member of Infosys board and Head-HRD and Education and Research T V Mohandas Pai said.     

In line with the economic slump, the attrition rate of Infosys has decreased considerably and stands at 10.9 per cent, registering a significant decline from the year ago period when the attrition rate stood at 12.8 per cent.

"We have successfully completed the implementation of iRACE (Infosys Role and Career Enhancement), our programme for growth focused career architecture across the company, thus, completely transforming our people strategy," Pai said.     

However, the consolidated employee base of Infosys BPO witnessed a major decline both in terms of yearly and quarterly basis.     

Infosys BPO's employee base for the September quarter stood at 16,033, where as in the corresponding quarter a year ago it was as high as 17,327.     

The number of trainees has also come down significantly from the beginning of this financial year from 8,694 to 6,996.     

Infosys is strengthening its infrastructure in a big way and boasts of a total of 106,064 seats and as many as 13,442 additional seats, where work is currently under process as on September 30.     

Last month the Global Education Centre (GEC) at Mysore was inaugurated, which is the largest corporate education centre in the world. The total capacity of the centre has been enhanced to educate 14,000 Infoscions.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 09 2009 | 2:19 PM IST

Next Story