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Home< > DQ Top 20 > 2002 > RANK 1: Infosys Technologies: Staying on Top

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RANK 1: Infosys Technologies: Staying on Top

Even as Indian IT’s most favorite company continues to top best employer surveys, certain crucial indicators show that employee satisfaction is headed downward

Dataquest

Tuesday, September 10, 2002

Effects of Recession

Salary increments effected: 88.9%
Reduction in tour entitlement: 74.1%
Reduction in perks: 70.4%
Strengths

Low attrition and high retention rates
Very high focus on training
Weaknesses
Low overall satisfaction among employees
Comparatively low average tenure
Low average salaries
Staff most satisfied with...
Company image, facilities and resources
Training & development
Staff least satisfied with...
Interpersonal relationships
Performance appraisal system

K Dinesh

Director and Head, HRD 

Hema Ravichandar
Senior V-P, HRD

Eshan Joshi
Compensation & Benefits

MM Mohan Employee Relations

Murali Kakolu Immigration & Visas

Nandita Gurjar Learning & Development

Karthikeya
N Sarma
Manpower Planning & Recruitment India & Asia

Prasad Tadimeti
North America

Ramesh S Organizational Effectiveness

Ashish Ray
UK & Europe

While rankings of most companies have changed for the better or worse, this is one position to which Infosys seems to have staked a long-term claim. For the second year in a row, it has topped the DQ-IDC HR rankings, though some warning signs that had begun to show last year have now exacerbated. First the good news. It topped the rankings on retention at 96% (up from 82.3% last year) and came second only to Mascon on average training hours per employee. Low attrition continued to be one of its major strengths at 5.6%. While low average salaries continue to be an issue, it scored well on perks.

Now the bad news. Overall satisfaction levels in the company continue to be low. Most employees also believed their peers were far more satisfied than they were. While Infosys continued to top the Preferred Company rankings, only 17.6% of all IT employees voted for it this year compared to 25% the year before. It ranked 6th on Preferred Employer charts with 70.4% of its own employees voting for it as their dream company (down from 82% last year). Company Image continued to be one of the major reasons why people join the company. Employees said they were fairly satisfied with other attributes for which they had joined Infosys in the first place except compensation. But they also gave it some of the lowest rankings on interpersonal relationships, appraisal systems and surprise – overseas opportunities!

Infosys has one of the most elaborate HR systems and processes in place and great external messaging capabilities. Last year alone over 200,000 people applied to it for a job. It will remain on top for a while, but there are warning signs here that it should heed.





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