Notwithstanding the economic slump, software services firm Infosys Technologies has increased its headcount and has made a total addition of over 5,000 employees in the last 12-month period.
The total employee strength of the group stood at 1,05,453 till the quarter ended September 30, where as in the corresponding period a year ago the figure stood at 1,00,306, Infosys said in a statement.
During the quarter, there was a gross addition of 6,069 employees for Infosys and its subsidiaries and a net addition of 1,548 employees, even as the hiring trend across the board was on a downslide.
In a bid to wriggle out of the economic crisis, Infosys made certain changes and adopted new methods of company management.
"In response to the economic crisis, we had stepped up our investment in training. This has made us more competitive in fulfilling clients' needs today," member of Infosys board and Head - HRD and Education and Research T V Mohandas Pai said.
In line with the economic slump, the attrition rate of Infosys has decreased considerably and stands at 10.9 per cent, registering a significant decline from the year ago period when the attrition rate stood at 12.8 per cent.
Tuesday, October 13, 2009
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