What it does: Infosys India offers business consulting, digital transformation, and IT services to different clients across 24 industries.
Best known for: Infosys India is the second-largest IT company in the country based on market capitalization, which reached US$92.17 billion as of 2021.
Staff stats: more than 250,000 employees worldwide
Financials: US$14 billion in revenue as of 2021
The good bits: Infosys India provides freshers with multiple career prospects, including three internship programs and 19 trainee positions.
The not-so-good bits: The company’s voluntary attrition rate reached 15.2% in the first quarter of 2021 from 10% in the last quarter of 2020.
A group of engineers set up Infosys in 1981 with an initial investment of just US$250. N.R. Narayana Murthy and six other engineers co-founded the company in Pune before relocating the office to Bangalore in 1983.
More than four decades later, the meek investment in Infosys has grown into a multibillion-dollar brand in the IT industry. Infosys became the second-biggest IT company in India with a market capitalization of US$92.17 billion as of 2021.
In 2021, the Top Employers Institute ranked Infosys as the ‘#1 Top Employer’ in India. The company can further improve its workplace culture by paying more attention to freshers’ direct superiors.
Insiders claim that many freshers leave the company because of their managers. New hires become disillusioned with Infosys India because of their experience with some bosses.
While managers may disagree with this revelation, statistics are often unbiased. The company revealed a 15.2% voluntary attrition rate by the end of the first quarter of 2021. During the last quarter of 2020, the attrition rate reached 10%.
Infosys India didn’t cite a reason for the significant increase within a short time. Still, the numbers somehow gave some credence to what insiders said about the company’s culture.
Infosys’s biggest competitor is Tata Consultancy Services (TCS), which is the largest IT company in India based on market capitalization. As of 2021, TCS recorded a market capitalization of INR11.884 trillion.
Several employees accused Infosys CEO Sahil Parekh in 2019 of ‘unethical practices’ to achieve higher short-term revenue and profits. The whistleblowers also revealed that Infosys CFO Nilanjan was complicit in the issue.
In 1996, the company established Infosys Foundation for its corporate social responsibility programs. The organization primarily focuses on several areas:
Gender equality and empowerment of women
Hunger, poverty, malnutrition, and healthcare
National heritage, art, and culture
Infosys also complies with the mandated CSR spending among companies in India. For example, the company spent INR3.6 billion in 2020, which is equal to 2% of its average net profit for the three preceding financial years.
Freshers should speculate on why employees voluntarily left Infosys India, despite the difficulties of finding work during a pandemic. On the bright side, an employee’s exit means an opportunity to land a job.
Once freshers successfully join Infosys India, it’s up to them to decide if competitive benefits and in-depth training can make them stay with the company
Freshers must have at least 60% marks in Class 10 and Class 12 before they can apply for jobs at the company. Unlike other IT firms, Infosys India has a shorter hiring process with three steps in general.
The test comprises three sections with several questions about logical reasoning, quantitative aptitude, and verbal ability. Candidates must answer 15 questions about logical reasoning within 25 minutes. The quantitative-aptitude part has a 35-minute time limit for 10 questions.
There are 40 verbal-ability questions with a 40-minute time limit. In other words, freshers should ideally take less than a minute to answer each question.
This part will not only test a fresher’s knowledge of C, C++, Java, and SQL. The interview will also evaluate their communication skills, so applicants should be polite yet assertive.
Most of the HR recruiter’s questions will aim to discuss a candidate’s background and motivation for joining Infosys India. Candidates should also prepare for trick questions (eg a strength that’s also a weakness).
The company usually completes the hiring process within a month. Unsuccessful candidates must wait for nine months before they can apply for a job again.
New hires at Infosys India begin as trainees at the company’s Global Education Center in Mysuru, Karnataka. The company will then assign freshers to industry projects based on their interests or skills.
Some of the roles post-training include:
Associate business analysts
Business development associate
Data science analysts; and
If an internship appeals more to freshers, they can choose from three programs at Infosys India: InStep, Winternship, and Summer Internship.
The company’s flagship global internship program allows freshers to learn about different things from machine learning to leadership.
A 76-day internship that’s available to a select few. Only 500 engineering students in India get to participate in the program between December and April every year. The interns gain real-life experience from actual projects in Chennai, Hyderabad, or Mangalore.
Management graduates from select business schools participate in an eight-week program. The top-performing Summer Interns may become full-time employees if they ace the pre-placement interviews.
Freshers at Infosys India earn an average of INR400,000 per year. The actual base salary will depend on a person’s role.
Associate business analyst (INR520,000)
Associate consultant (INR800,000)
Business development associate (INR570,000)
Data science analyst (INR600,000)
Finance associate (INR1.1 million)
Child care assistance
Employee assistance program and discounts
Flexible or reduced work hours
Health and life insurance
Maternity and paternity leave
Stock options or equity
Unpaid extended leave
Vacation and paid time off