Infosys I-Race

Problem with Infosys is it makes too many bad policies and then eventually rule them out to make more bad policies, One of the latest such policy comes as IRACE. Such a Bad Decision that Infosys is facing a melt down in terms of employeesoops Resources, The Attrition rate in infosys haven’t be so much anytime in past. but seems like every day so many employees are leaving the company cause everyday when you open the infosys mail box you get the mails from infoscions saying that they have decided to move to greener pastures.

What is IRACE?

Its a new HR initiative that was introduced by the company last year. Some employees, who the company says form 5% of the total workforce, had resisted the initiative. According to this policy “five bands of assessment — from A to E — earlier which have now been increased to eight — 1 to 8. There is a change in designation as well. For example, a project manager with 3.5 years of experience has been renamed as technical lead and he or she has to work for two more years to become a project manager.”

What is Nandita’s Response?

Nandita Gurjar, senior vice president and group head, human resources, Infosys, said. “There is demoralisation in the team if you allow a manager to get promoted before his or her time, Because he or she may not be mature enough to deal with human issues. We have to make sure right decisions are taken.” 

“Our structures are in place and our hiring plan, job description and performance management is connected to iRACE,” she said. “It is a very lean and mean structure.” 

The platform defines roles, competencies and proficiency requirements while linking career movement to performance and business focus.

Facts!!

“Some 25% of the employees are against it and 15% are not happy about it,”  and this is why many people are leaving infosys right now and hence infosys is recruting again on a big scale, not only through collages and campus drives but also through Naukri, Monster and Shine.com

Comments from ex-Infoscions

“If I wouldnt have left Infosys then I would have actually bean demoted because of IRACE from S.E(Software Engineer) to S.E.(Systems Engineer)”

“I have worked hard to become the Project manager and now because of this stupid policy I have to wait for another 2 years”

“All these companies treats us as Resources, all they care about is their profits, there is no say of anyone in here”

“Even If you want a release from them, They won’t give it that easily. They keep you hanging for long time”


source: http://www.allaboutinfosys.com/iraceinfosys-role-and-career/