To turn into an employee-friendly firm, Infosys appoints Krish Shankar as global HR head
Advertisement
Advertisement
Shankar's appointment comes at a time when Infosys’s chief executive officer Vishal Sikka is looking to change the way company handles its employees. After his appointment as Infosys’ CEO last year, Sikka has come up with several changes including the removal of the company's formal dress code.
Announcing Shankar’s appointed in a conference on Monday, Sikka said that he would be the key to transform people strategy, which would be the key in implementing the firm’s overall strategy.
In the past few months, Infosys has seen a great improvement in employee satisfaction, as measured by a drastic drop in its attrition rate.
For the quarter ended September 30, Infosys reported an annualized standalone attrition rate of 14.1%, down marginally from the June quarter, and down nearly 700 basis points from the year ago period.
Advertisement
Advertisement
- Having an regional accent can be bad for your interviews, especially an Indian one: study
- Dirty laundry? Major clothing companies like Zara and H&M under scrutiny for allegedly fuelling deforestation in Brazil
- 5 Best places to visit near Darjeeling
- Climate change could become main driver of biodiversity decline by mid-century: Study
- RBI initiates transition plan: Small finance banks to ascend to universal banking status
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market