Infosys Promotes 4,000 Employees This Month
Advertisement
Advertisement
Advertisement
"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. With the promotions we did at the beginning of this month, over 19,000 employees have been promoted since April 2014,” said a company spokeswoman.
This was the fourth round of promotions by the company. About 10,000 employees were promoted in April and June.
Infosys reported an attrition rate of 19.5% at the end of the first quarter of FY2014-15, and more than 20% in the second quarter. At rival
Advertisement
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Experts warn of rising temperatures in Bengaluru as Phase 2 of Lok Sabha elections draws near
- Axis Bank posts net profit of ₹7,129 cr in March quarter
- 7 Best tourist places to visit in Rishikesh in 2024
- From underdog to Bill Gates-sponsored superfood: Have millets finally managed to make a comeback?
- 7 Things to do on your next trip to Rishikesh