Technology giant Infosys delighted its employees announcing bonus on festival occasion. UB.Pravin Rao, Chief Operating Officer of Infosys, announced that the management made 100% variable payout for December quarter.
He also announced there had been decrease in attrition with the multiple initiatives taken by the management in the last few quarters. Rajiv Bansal, Chief Financial Officer of Infosys said attrition came down 3% on quarter on quarter basis while annualized attrition for the December quarters was high at 20.4%.
Infosys is currently training more of its employees in artificial intelligence and design thinking. Infosys as its new initiative partnered with Stanford Global School of Business for an executive education program.