Infosys to make 20,000 campus offers for this financial year 2016-17: Startup India scheme

pravin rao, infosysInfosys Ltd, A Major Software Company, has announced great news for the freshers. A senior executive made one announcement that, in this year 2016-2017, they will hire 20,000 personals from campus and institutes across the country to ramp up its headcount.

Infosys’s chief operating officer told to media that “We have already done 20,000 campus offerings by conducting interviews at different institutes to hire freshers for this fiscal and work up our headcount”

He added that employee attrition had reduced in the fourth quarter of 2015-16 and the company was able to retain more employees by increasing engagement with them all through the year.

“We have taken a number of steps to make Infosys an exciting place for the world’s best talent. We continue to reimagine our internal processes to increase organizational agility,” Rao noted.

Though the company made a gross addition of 9,034 people in fourth quarter including 5,266 laterals, net addition was only 661, as 8,373 people left, taking the total headcount to 194,044 by fiscal-end, as against 193,383 quarter ago and 176,187 year ago.

“Our attrition level has declined to 17.3% in Q4 from 18.1% in third quarter and 18.3% year ago,” Rao added.

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