Hrm Practices at Infosys
14505 words 59 pagesHuman Resource Management Practices in
"Our assets walk out of the door each evening. We have to make sure that they come back the next morning."
(Narayana Murthy, CEO Infosys).
Infosys technology, a leading software company based in India, was voted as the best employer in the country in many HR surveys in the recent years. The company is well known for its employee friendly HR practices. Though Infosys has grown to become a US $ 2 billion company by the year 2006, it has still retained the culture of a small company. Infosys attracts the best talent from across the country and recruits candidates by conducting one of the toughest selection process. Infosys was one of the first companies to offer ESOPs to its …show more content…
A state-of-the-art gym, golf course, pool tables, table tennis tables and dance-floor are already in place. The sauna, grocery store, an Infosys Store, 50 000 square feet swimming pool and a lake with paddling boats will soon be part of the City. The eco-friendly campus has more than 6,500 trees. The landscape includes stone paths, rose beds, bamboo clusters with benches beneath them, fountains, and water recycling plants. Besides the enticing work environment, Infosys provides state of the art technology to its employees. For example, PCs used by Infocians are upgraded every two years. Since its inception, till the early 1990s, Infosys recruited employees from engineering colleges. The training imparted to them was largely informal and consist of on the job training. In the early 1990s it experienced a shortfall of skilled manpower in the organization due to which it could not realize its growth plan. The company during that time developed the policy of recruiting personnel with generic analytical skills and high learning potential and of imparting them with specific skill required for the job offered in the company.
Infosys international business strategy revolves around 5 elements:
World-class operating model.
Focusing on human resources.
Providing managed software solutions.
Exploiting a well established off shore development model. Maintaining an equitable client and business mix.
The company believes that in order to succeed in the