Bengaluru:
Infosys has increased its fresher hiring target for this year to 45,000, from 35,000 that it had planned three months ago. The company added 11,664 people in the last quarter, taking the total headcount to 2.7 lakh employees. Infosys’s attrition rose to 20.1%, a 600 basis points increase from 13.9% in the June quarter.
“Attrition reflects the huge demand we are seeing and the supply shortage which is to some extent due to lack of mobility in some of the geographies. The supply crunch will continue for a few quarters,” said Infosys COO UB
Pravin Rao
.
Infosys has taken several measures to contain attrition including two compensation increases in January and July this year.
Return to office: Rao said that beginning October, Infosys will ask its senior leaders to work out of office once a week and would ask them to undertake interventions with their teams to have a larger population return to work.
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