Infosys to hire 25K employees in FY09, review role-based structure

The IT firm will implement certification programs to access its employees

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India's second largest IT services provider and software exporter, Infosys, is also set to hike the salary of its 90,000-odd employees by 11-13 percent across all management levels. The average salary of freshers has also been increased from Rs.2.8 lakh to Rs.3 lakh per annum.

Nandita Gurjar, vice president and group head (human resources) has played down concerns of slowdown, saying, "As far as we are concerned, there is still a war for talent."

"At business schools, we are competing with financial services firms - they are the 'in thing' now," Gurjar said, adding, "But at engineering colleges, where we compete with other software firms, we get in at Day Zero or Day One."

"We haven't changed our strategy because of the slowdown, as we need to hire and retain the best talent. We are in fact, offering bigger raises than others, whose wage increases are in the single digits," she added.

Infosys, she said, has already made 18,000 offers to engineers who would graduate this year and even if 70-80 percent of them accept the job, Infosys would join market leader Tata Consultancy Services (TCS) in becoming the second Indian IT firm to cross the 100,000 employee threshold. Presently, TCS employs 111,407 people.

TCS plans to hire 30,000-35,000 people during the present fiscal year (2008-09) and raise salary across different management levels by 8-10 percent.

During the same period, Wipro intends to hire about 14,000 employees while Satyam Computer Services expects 18,000 people to join its payroll this year.

According to Gurjar, Infosys has managed to bring down attrition rate marginally to 13.4 percent in fiscal year 2007-08 from 13.7 percent during the previous period.

The rate would further fall when the IT firm implements specific measures like better pay, job rotation and right skilling, she said.

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