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Project Report On HRM of Infosys: Prepared by

The document is a project report on the human resource management practices of Infosys. It discusses that Infosys was established in 1981 by 7 professionals and has grown to over 90,000 employees and $4 billion in revenue. All new recruits undergo a 14-week intensive training program and ongoing training. Infosys was one of the first companies to offer stock options to employees. It focuses on recruiting candidates with strong problem solving, communication, and leadership skills.

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146 views9 pages

Project Report On HRM of Infosys: Prepared by

The document is a project report on the human resource management practices of Infosys. It discusses that Infosys was established in 1981 by 7 professionals and has grown to over 90,000 employees and $4 billion in revenue. All new recruits undergo a 14-week intensive training program and ongoing training. Infosys was one of the first companies to offer stock options to employees. It focuses on recruiting candidates with strong problem solving, communication, and leadership skills.

Uploaded by

pbansal47
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PPT, PDF, TXT or read online on Scribd
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PROJECT REPORT ON HRM OF INFOSYS

PREPARED BY :
VICKU BANSAL

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)

INTRODUCTION

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.

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.

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

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