Hrm in Infosys

PROJECT REPOR PROJECT REPORT T ON HRM OF INFOSYS PREPARED BY RAHUL GUPTA M:314 GUIDED BY: KRIPA MAM

HISTORY 

Established on JULY 02,1981 by a group of 7 PROFESSIONALS.

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Company with more than 90,000 employees.

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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.

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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.

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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.

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All the selected candidates were required to go through an intensive 14 week training program. pro gram.

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All the employees were required to undergo training every year, and some of the chosen employees were trained at the Infosys Leadership Institute. I nstitute.

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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.

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CONTD…. INFOSYS conduct a 14.5 week technical training  program for all new entrants.

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The company spent around Rs 200,000 per year  on training each new entrant.

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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 The step 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.

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 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.

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Several multinationals entering India and recruiting aggressively.

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