Friday, 25 October 2013

Infosys adds dozen new members 25 oct 2013

Infosys has added 30 new members in it`s executive council.The members would be entitled for an allowance of $ 150000 a year.It is done in order to improve the employee morale as the attrition rates are rising. As in the past many people from the top management have resigned like global sales head Basab Pradhn resigned in july to join the rivals at iGate. Head of Financial services in U.S joined NIIT technologies in august.As the overall attrition rate rises to 17%,infosys chairman Narayana Murthy  says that rewarding employees who perform well is his priority.He has announced a monetary reward in terms of 150 crore rs in terms of bonus before end of the year.

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