Infosys to hire 30,000 persons
Infosys, India's second largest software exporter, today said it was looking at recruiting nearly 30,000 persons for this fiscal year including over 2000 from overseas.business Updated: Apr 13, 2010 18:51 IST
Infosys, India's second largest software exporter, today said it was looking at recruiting nearly 30,000 persons for this fiscal year including over 2000 from overseas.
In India it had already made 19,000 campus offers, T V Mohandas Pai, Member of the Board and Head-HRD and Education and Research told reporters.
The company was planning to induct 5,500-6,500 laterals, he said while talking about Infosys' hiring plans.
It was planning to recruit 1000 each for its China and US office and around 400 in Manila.
Infosys also saw one of the largest wage increase. "There has been a large wage increase for middle and junior level employees. In senior level there has been a 10 per cent increase in wages". Overall the average wage hike has been around 14-17 per cent, he said.
The company has made a 134 million dollar compensation payout,the largest in the IT industry's history in India.
Nearly 7500 persons were promoted, out of which 2500 included those who had been impacted by the company's new employee restructuring programme, called I-Race.
As per the restructuring activity, which aimed at fitting employees into roles they were prepared for, nearly 4500 employees had been fitted in role lower than what they were currently fitted into. Out of these 4500, 2500 would be promoted and another 2000 would be possibly promoted in October.