Infosys’ new mantra: low tolerance, thin raises | business | Hindustan Times
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Infosys’ new mantra: low tolerance, thin raises

business Updated: Feb 06, 2009 10:55 IST
HT Correspondent
HT Correspondent
Hindustan Times
TV Mohandas Pai

At the showpiece of the country’s software revolution, the mood is decidedly sombre. Infosys Technologies, which has more than 1 lakh people on its rolls, has grown less tolerant to non-performers while the rest will get subdued pay hikes this year, board member TV Mohandas Pai said on Thursday.

“Our tolerance for non-performers is down. People join companies for various reasons and sometimes we end up becoming a training ground for people. What we are telling people now is to focus on making a career,” Pai said.

Performance ranking applies to only 60 per cent of Infosys employees and does not include the rest comprising trainees, employees who have spent less than an year at the company and those with the company’s business process outsourcing unit

“The percentage of non-performers has increased from 1.5 per cent last year to 3.5 per cent now,” Pai said. Infosys puts lowest ranking employees on a performance improvement plan under a mentor for a month and if the performance does not improve still, the employees are either asked to leave or are placed in other companies.

“There are about 2,200 people in the bottom rank of which 600 have already left while last year there were about 1,000 in the bottom rank.”

Infosys has made 20,000 campus offers for the next fiscal and the company will honour them all.