infosysltd1-120119112231-phpapp02

8/2/2019 infosysltd1-120119112231-phpapp02

1/29

Click to edit Master subtitle style

3/25/12

INFOSYS Ltd.

Presented by:Hitaishi Gupta(043026)Sonali Verma(043054)

PCM-TERM PAPER


2/29

3/25/12

ABOUT INFOSYS

Infosys Limited (NASDAQ: INFY) started on 1981by seven people with US$ 250.

Today, it is a global leader in the "nextgeneration" of IT and consulting

Revenues of US$ 6.604 billion (LTM Q2-FY12).


3/29

3/25/12


4/29

3/25/12


5/29

3/25/12

ABOUT INFOSYS

Vision : "We will be a globallyrespected corporation."

Mission : "To achieve our objectivesin an environment of fairness,honesty, and courtesy towards ourclients, employees, vendors andsociety at large.

Values


6/29

3/25/12

PERFORMANCE MANAGEMENT POLICY

Steps for Performance Appraisal:

Evaluation of personal skills for the tasks assigned

to an employee during the period of appraisal.

Evaluation of the performance, different criteria's

were considered.

The personal skills of the employees were alsoevaluated based on their learning and analytical

ability etc.


7/29

3/25/12

PERFORMANCE MANAGEMENT POLICY

360 Degree Feedback

Recognition for Adding Value

Employee-Management Interface

Focus on Learning

Innovation


8/29

3/25/12

PERFORMANCE ASSESSMENT

A bi-annual process.

Various tools used are used.

The system is called Online- PerforMagic.

Consolidated relative rating is calculated.

Assessment of an individuals performance relativeto the peer group is carried.

Rating ranges from 1+ to 4.


9/29

3/25/12

KEY RESULTANT AREA

KRAs are mutually set through adiscussion between the manager andthe employee.

Self Assessment (by appraise)

Review by Team Leader in a one to onemeeting between the project managerand the software engineer.

Final review by the project Manager

(Reviewer)


10/29

3/25/12


11/29

3/25/12

RATINGS

Combined Ratings impact three keyareas:

Performance Incentives

Salary Reviews

Promotions

Star performers awarded with STARINFOSIAN Certificate.


12/29

3/25/12

COMPENSATION POLICY

There are three basic strategies foran organization's salary policy:


13/29

3/25/12

SALARY REVIEW OF EMPLOYEES


14/29

3/25/12



15/29

3/25/12



16/29

3/25/12



17/29

3/25/12

Sizing of the Job

Cluster approach


18/29

3/25/12

8 Levels

Cluster approach isfollowed to size the

job, based upon theJob evaluation.

Sizing of the job ofSAP BI Consultant isdone at LEVEL 4 andSoftware Engineer is

done at LEVEL 2.


19/29

3/25/12

Prizing of the Job

Compar son o t e Sa ary o SA BI


20/29

3/25/12

Compar son o t e Sa ary o SA BIConsultant at Infosys with other IT

Companies in India


21/29

3/25/12

Salary Slip of SAP BI Consultant-Infosys

Name Department

PersLevel

Designation Empcode

AccountNo.

xyz Finance 4 SAP BI

Consultant

14000 30058630

352

Total Basic HRA Medical Travel

Allowance

Fixed

Dearness

Allowance

Leave

Travel

Allowance

Monthly

CPI

IPI Differential

CPI

Bonus

63518

1760

0

1122

5 7016 2806 1100 7016 6840 5155 1207.0 3553Deductions PF Contributions Professional Tax Income

Tax

Infosy

Welfare

Trust

GYM facilities

5060 2244 200 2391 200 25

Net Pay

58458

C i f h S l f S f


22/29

3/25/12

Comparison of the Salary of SoftwareEngineer at Infosys with other IT

Companies in India

For the job of a software engineer, Infosys is at 68th percentile with a salary of INR3.25 lakhs where the average is 2.77 lakhs.


23/29

3/25/12

COMPARISON


24/29

3/25/12

COMPARISON


25/29

3/25/12

Infosys Board Compensation

The compensation committeedetermines and recommends to theBoard the compensation payable to

the directors. All Board-level compensation is

approved by the shareholders and

separately disclosed in the financialstatements.

Remuneration of the executive

directors consists of a fixed


26/29

3/25/12

Infosys Board Compensation


27/29

3/25/12

Non-executive / independentdirectors' remuneration

Section 309 of the Companies Act,1956, states that a director who isneither in the whole-timeemployment of the Company nor amanaging director may be paidremuneration by way ofcommission,

if the Company, by special resolution,


28/29

3/25/12


29/29

3/25/12

Thank You

infosysltd1-120119112231-phpapp02

Documents