Infosys adds 5,000 employees in last year

Infosys adds 5,000 employees in last year

Mumbai: 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 1,05,453 till the quarter ended 30 September, where as in the corresponding period a year ago the figure stood at 1,00,306, 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%, registering a significant decline from the year ago period when the attrition rate stood at 12.8%.

“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 Ltd 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 1,06,064 seats and as many as 13,442 additional seats, where work is currently under process as on 30 September.

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.