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Infosys iRace makes employees say “I Quit”

Infosys has seen extremely high attrition over the last 3 months and most employees attribute it to the new HR initiative (I think Finance had more say here).There were reports that Infosys lost 4000 employees in the month of February alone accounting for 3% of its total strength. It appears Infosys has frozen all the exit interviews of employees resigning till the end of the March 2010 (H2), this appears as a move to show more acceptable attrition rate to the media and markets ahead of the annual results. Nandita Gurjar has been taking a lot of flak from infy employees in the media comments section.

During recession Infosys like TCS,Wipro and many others increased the working hours from 8 hours to 9 hours and froze the hikes and promotion for two years. Now after iRace many employees have been demoted as they dont fit the expected criteria and their salary has gone down as well. Typically when a company starts reducing salaries even while showing profit growth it makes you wonder when will the normalcy return for these companies. Infosys while projecting a profit growth story to markets, it is doing exactly the opposite towards its employees.

By discouraging long serving employees, the likes of Infosys and TCS are encouraging a vicious cycle in the IT industry in terms of attrition and forced hikes by laterals, in spite of the fact that the cost for the companies will be much lower to retain employees rather hire at a higher price.

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Modified Curve Fitting in TCS for H2 appraisal (2010)

The post title has been modified after many have raised issues that band D % is not increased this time around.

Here is the new breakup as suggested by commenters :

A 10%, B 32%, C 43% , D&E – 15%

Old post —

Tata Consultancy Services will be announcing its annual hikes next month, but not everyone will rejoice the news, TCS generally tries to keep its overall employee costs same and predictable irrespective of the performance of the company. TCS has been under tremendous pressure due to increasing attrition rate over the past 3-4 months, unlike anytime TCS senior management have spoken about proposed hikes from last quarter just to hold on to the employees planning to quit.

Typically TCS fixes the share of each bands every year typically following is the Division (very sure abt B and C)

A – 5% B – 30% C – 40% D -20% E -5%
A – 10% B – 30% C – 40% D -19% E -1%

The above are normal scenarios but these values are kept as confidential and never shown outside, but this year the management seems to focused on making sure the band D is increased, several project GL’s have been conducting sessions explaining how Band D is not that bad.

And the hike is expected to be in range of 7-15% (highest in higher levels of management). Most employees will see a hike of around 10% max.

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First Commercial implementation of cloud computing for Internet users happens with Games

In this internet world which field can be more commercial with huge response other than gaming? May be watching videos,listening to music in cloud computing.But that cannot bring much response and people cannot even have the record on success and failure of cloud computing.Intelligent option is only games and many have started and also released their launch dates. One of such major launch is going to happen on June but only in US as their first target.Yes I am talking only about the “Onlive Cloud Gaming”

Like as you subscribe and pay monthly for the internet connection you need to pay for one more connection which online live gaming.So in future even high end games will be streamed well in Televisions,PCs and even with set top boxes via cloud computing. Simplicity and the ease of utilizing the services are the main advantage of cloud computing as there will be minimal hardware cost and very low maintainance cost.It is said that even with low end configuration,  games content will be streamed well to the end user.

Next main area for cloud computing can definitely be healthcare as it will be very useful for the patients to have communication and other details from the doctor.If games can better streamed via cloud computing then watching videos files via cloud computing will definitely perform better.If cloud computing is capable of addressing major areas of internet with high performance then it is surely going to make a revolution in the software industry.