Vishal Sikka's gift, that was a surprise to the employees, was accompanied by
an e-mail.
Infosys stood at 20.1 per
cent attrition rate as of September 2014, which is one of the highest in India, but since Vishal Sikka arrived, the company
has been garnering positive press too. Sikka is said to have also personally reached out to employees who have
resigned and asked them to stay back.
Earlier, HCL also gifted Mercedes to 130 of its employees to either drive home in or take their families on an all-expenses paid trip -
domestic or international.
We also know about the huge diwali gift given by jewellery company in surat. with cars & heavy jewellery to their employees, previous year.
Other steps taken by Infosys to stem the attrition is toying around with
new ideas like quarterly promotions, conversion of variable pay to fixed pay
and even greater involvement of employees in the decision-making process.
Infosys Ltd (formerly Infosys Technologies Limited) is an Indian
multinational corporation that provides business consulting, information
technology, software engineering and outsourcing services. Infosys is Co-founded by Narayan Murty, with company is headquartered in Bangalore, Karnataka. The company has 1.65 lakh employees.
Infosys is the third-largest India-based IT services company by 2014
revenues and the fifth largest employer of H-1B visa professionals in the
United States in FY 2013.
On March 31, 2014, its market capitalisation was INR 188,510 crores
($31.11 billion), making it India's fifth largest publicly traded company.
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