This document provides a project report on the HR practices of Infosys. It discusses Infosys' history, starting in 1981 with 7 professionals and growing to over 90,000 employees. It details Infosys' intensive 14 week training program for new employees and annual training programs. The HR practices of Infosys include recruiting candidates with strong problem solving and learning abilities, extensive training programs at their Global Education Center, maintaining a collaborative culture, and performance appraisals focused on evaluating personal skills. Key challenges for Infosys are finding enough qualified employees to keep up with the fast industry growth and competition from aggressive multinational recruiters.
This document provides a project report on the HR practices of Infosys. It discusses Infosys' history, starting in 1981 with 7 professionals and growing to over 90,000 employees. It details Infosys' intensive 14 week training program for new employees and annual training programs. The HR practices of Infosys include recruiting candidates with strong problem solving and learning abilities, extensive training programs at their Global Education Center, maintaining a collaborative culture, and performance appraisals focused on evaluating personal skills. Key challenges for Infosys are finding enough qualified employees to keep up with the fast industry growth and competition from aggressive multinational recruiters.
GUIDED BY: KRIPA MAM HISTORY Established on JULY 02,1981 by a group of 7 PROFESSIONALS. Company with more than 90,000 employees.
From a capital of US$ 250, INFOSYS have
grown to become a US$ 4 billion company with a market capitalization of over US$ 20 billion. Became the first IT company from India to be listed on NASDAQ (National Association of Securities Dealers Automated Quotation System American Stock Exchange) CONTD… INFOSYS' first clients was the US-based sports shoe manufacturer Reebok. INFOSYS hired its first set of employees in 1982 from the Indian Institute of Technology, Chennai. INTRODUCTION The best employer in the country in many HR surveys in the recent years. All the selected candidates were required to go through an intensive 14 week training program. All the employees were required to undergo training every year, and some of the chosen employees were trained at the Infosys Leadership Institute. Infosys was one of the first companies to offer ESOPs to its employees. HR PRACTICES IN INFOSYS Recruitment While recruiting new employees, Infosys took adequate care to identify the right candidates. INFOSYS focus on recruiting candidates who display a high degree of ‘learnability’. Analytical ability, teamwork and leadership potential, communication and innovation skills, along with a practical and structured approach to problem solving. Training New recruits from colleges joined Infosys, were trained then on new processes and technologies. As they reached the higher levels, they were trained on project management and later were sent for management development programs, followed by leadership development programs. CONTD…. INFOSYS conduct a 14.5 week technical training program for all new entrants. The company spent around Rs 200,000 per year on training each new entrant. The new recruits are trained at the Global Education Center (GEC) in Mysore. The Culture INFOSYS tried to preserve the attributes of a small company and worked in small groups, with decision-making remaining with those who were knowledgeable about particular processes. The managers played the role of mentors and used their experience to guide their team members. Performance Appraisal Thestep toward carrying out performance appraisal at INFOSYS was the evaluation of personal skills for the tasks assigned to an employee during the period of appraisal. THE CHALLENGES The industry is growing at a very fast pace, analysts opined that companies like INFOSYS would not be able to find enough people. Several multinationals entering India and recruiting aggressively. THANK YOU