News: Infosys announces promotions for 4,000 staff in October

Performance Management

Infosys announces promotions for 4,000 staff in October

Infosys has given promotions to 4,000 employees in October, as the company continues with its efforts to retain key staff and improve employee morale. With this, it has promoted about 12% of its 1,65,000 employees since the current financial year began in April. The Bangalore-based software exporter has promoted staff across sales, delivery and business-enabling functions and in all markets. "We announced a quarterly promotion system earlier this year. In August, 5,000 employees across sales, delivery and business-enabling functions across geographies were promoted," said a company spokeswoman. "With the promotions we did at the beginning of this month, over 19,000 employees have been promoted since April 2014."

Infosys has given promotions to 4,000 employees in October, as the company continues with its efforts to retain key staff and improve employee morale. With this, it has promoted about 12% of its 1,65,000 employees since the current financial year began in April. The Bangalore-based software exporter has promoted staff across sales, delivery and business-enabling functions and in all markets. "We announced a quarterly promotion system earlier this year. In August, 5,000 employees across sales, delivery and business-enabling functions across geographies were promoted," said a company spokeswoman. "With the promotions we did at the beginning of this month, over 19,000 employees have been promoted since April 2014."

Read the Economic Times news report here.

Read full story

Topics: Performance Management, #Current, #Corporate

Did you find this story helpful?

Author

QUICK POLL

How do you envision AI transforming your work?

People Matters Big Questions on Appraisals 2024: Serving or Sinking Employee Morale?

LinkedIn Live: 25th April, 4pm