Infosys Doubles Salary of Employees, Helps them Upskill
Infosys is doubling pay packages for employees who successfully complete its new bridge programmes. These are programmes that help staff to shift from their existing job to one that demands higher skills.
The company expects this initiative will also reduce attrition at junior levels — the rate has been high in recent times at over 20% — and give young employees more growth options.
Indian IT firms, including TCS and Wipro, are coming up with novel methods to skill employees in fields like consulting, automation, artificial intelligence, and machine learning, and to make them stay for longer durations.
The programme, aimed to move employees to the consulting side of the business, includes a test and a three-month curriculum. Post that, the employee has to spend six months internin...