Each Infosys employee worth Rs 97 lakh | india | Hindustan Times
Today in New Delhi, India
Jan 21, 2017-Saturday
New Delhi
  • Humidity
  • Wind

Each Infosys employee worth Rs 97 lakh

india Updated: May 17, 2009 23:08 IST
Highlight Story

Each employee at infotech bellwether Infosys Technologies is worth as much as Rs 97 lakh, based on the potential value of their future earnings for the company.

The IT major's total value of human resources, which includes both software professionals and support staff, is pegged at Rs 1,02,133 crore for the fiscal ended March 2009.

According to the company's annual report, the human resources' value of Rs 1,02,133 crore during fiscal 2009 was for 1,04,850 employees during the same period.

On an average, the same translates into a value of about Rs 97 lakh for each employee.

For the fiscal year ended March 31, 2008, the value of human resources stood at Rs 98,821 crore while the total work force of the company stood at 91,187.

In 2008-2009 the number of software professionals and support staff stood at 97,349 and 7,501 respectively, the report said.

The report noted that the value is computed using the ‘Lev & Schwartz’ model.