I am an ex Infoscion. Actual state of affairs is far more different as is reflected in this column. As a matter of fact, Infosys DEDUCTs a fixed amount every month from every Infoscion’s salary. Due to the overall strength of Infosys, this amount deduction when considered for all employees, becomes a significant amount, and if accumulated for 5-6 years, Infosys can happily pay E-Sops, which they actually did last occasion They charge their employees even for parking their vehicles in the parking lot, what would you expect of them guys!!
The management employs all energy to remain clean in the media, it seems
I am an ex Infoscion. Actual state of affairs is far more different as is reflected in this column. As a matter of fact, Infosys DEDUCTs an fixed amount every month from every Infoscions. Due to the overall strength of Infosys, this amount deduction when considered for all employees, becomes a significant amount, and if accumulated for 5-6 years, Infosys can happily pay E-Sops, which they actually did last occasion They charge their employees even for parking their vehicles in the parking lot, what would you expect of them guys!!
The management employs all energy to remain clean in the media, it seems
I know people will not like it, there is nothing special about any indian IT company, when push comes to shove situation every Indian IT company adopts to bodyshopping business model, and that is all they can do!
I know people will not like it, there is nothing special about any indian IT company, when push comes to shove situation every Indian IT company adopts to bodyshopping business model, and that is all they can do!
Infosys is one of the best managed Company in India.There is no doubt about that. But the problem with Infosys is the Company did not change with the time. Some of their policies are highly theoritical and has done a great harm to the company.One such example is retirement for the Founder members at the age of 60. H R Policy adopted by Mohan Das Pai has done an irreperable harm to employees' morale and seen huge exodus of talent in last 3 yrs.Very poor cash management is another nail on the head. Companuy is sitting on a cash Balance of Rs 15000 Crores but no major acquisitions or expansion. Atleast the Co could have gone for bye back of shares thereby incresing EPS and Shareholders' Value. It is 5 yrs since the Company has last given Bonus Shares. Though issue of Bonus Shares is not a very big gain itself, in the long run appreciation in share price would have been sharper.That is what an investor expects.Infosys should acquire some well managed small I T Cos domestically to improve their domestic earnings. With people like Shibulal around, I feel Infosys will have little to celeberate in next 03 yrs.Shibu could bea good technical person but certianly he not a CEO stuff for a Co like Infosys.CQ8XC
