Infosys not to mandate return to office, to follow flexible approach

Infosys CEO Salil Parekh said it would continue with its flexible approach to calling employees back to office, and not mandate a fixed number of days, as that was working well for the company.

“In our India offices, we have about 45,000 employees in the office at any given time, and this is huge given where we were a few months ago. We are finding that the approach taken so far has been well received,” he said, adding that this number was gradually increasing.

“My sense is over time, we will make all the support necessary to employees so that more and more employees can return to office. There are of course several client situations which require specific action. Those will be followed as per clients’ requirements but wherever we are able to provide some flexibility, we will continue to provide flexibility,” he said.

The company said that it had already onboarded about 40,000 freshers in the first six months of the fiscal out of the 50,000 it had intended to hire. “There’s no delay and we’ve opened up the campus so it’s a big attraction for our talent to go for physical training,” said Nilanjan Roy, chief financial officer, Infosys. This was helping them to absorb freshers onto projects faster, he said.

The company reported a new addition of over 10,000 employees during the quarter, with attrition at 27.1%. Parekh said that this was the third quarter of reduction in attrition and that he expected this downward trajectory to continue going forward. He said that the company had rolled out a set of initiatives over the last several quarters to tackle attrition which were starting to yield benefits.

Reiterating the company’s stance on moonlighting, Parekh said that they did not support dual employment. Infosys has an internal platform, Accelerate, which allows employees to take on gig work for internal projects which received almost 4,000 applications every quarter.

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