ABOUT INFOSYS

Infosys Limited (NASDAQ: INFY) started on 1981

by seven people with US$ 250.

Today, it is a global leader in the "next

generation" of IT and consulting

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

ABOUT INFOSYS
Vision : "We will be a globally respected corporation."
Mission : "To achieve our objectives in an environment of fairness,
honesty, and courtesy towards our clients, employees, vendors and
society at large.
Values
Infosys believes that the softest pillow is a clear conscience. The values that
drive it underscore its commitment to:
Client Value: To surpass client expectations consistently
Leadership by Example: To set standards in our business and transactions
and be an exemplar for the industry and ourselves
Integrity and Transparency: To be ethical, sincere and open in all our
transactions
Fairness: To be objective and transaction-oriented, and thereby earn trust and
respect
Excellence: To strive relentlessly, constantly improve ourselves, our teams, our
services and products to become the best.

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 also evaluated

based on their learning and analytical ability etc.

Each of these criteria was measured on a scale of 1 to 5.

PERFORMANCE MANAGEMENT
POLICY
360 Degree Feedback
Recognition for Adding Value
Employee-Management Interface
Focus on Learning
Innovation
Business Continuity Plan

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
relative to the peer group is carried.
Rating ranges from 1+ to 4.

KEY RESULTANT AREA

KRAs are mutually set through a discussion between the manager
and the employee.
Self Assessment (by appraise)
Review by Team Leader in a one to one meeting between the project
manager and the software engineer.
Final review by the project Manager (Reviewer)
Finally the points are given.
The report is sent three levels higher.
Then it is sent back to the engineer to find if he/she is satisfied.
If it is agreeable then it is finalized.
There is a salary hike or a band change accordingly.

This entire system is online. Hence everyone involved in the

process gets to gets track of it. This ensures transparency.

RATINGS
Combined Ratings impact three key
areas:
Performance Incentives
Salary Reviews
Promotions

Star performers awarded with STAR

INFOSIAN Certificate.

COMPENSATION POLICY
There are three basic strategies for an
organization's salary policy:

In the jobs that we studied, SAP BI

Consultant and Software Engineer,

SALARY REVIEW OF EMPLOYEES

SALARY REVIEW OF EMPLOYEES

SALARY REVIEW OF EMPLOYEES

SALARY REVIEW OF EMPLOYEES

Sizing of the Job

Cluster approach

 8 Levels
Cluster approach is
followed to size the job,
based upon the Job
evaluation.
Sizing of the job of SAP BI
Consultant is done at
LEVEL 4 and Software
Engineer is done at LEVEL
2.

Prizing of the Job

Comparison of the Salary of SAP BI Consultant at

Infosys with other IT Companies in India

The Average Salary offered by the Industry is INR 401232

but Infosys is following a Lead strategy and paying at the
92th percentile of the Industry (Source: Payscale.com)

Salary Slip of SAP BI Consultant- Infosys

Name

Depart
ment

xyz

Finance

Total

63518

Basic

HRA

176
00

Deductions

112
25

Medic
al

Travel
Allowan
ce

7016

PF
Contributions

5060

2806

Pers Designation Emp

Leve
code
l
4
SAP BI
14000
Consultant

Fixed
Dearnes
s
Allowan
ce

1100

Professional
Tax

2244

Leave
Travel
Allowan
ce

IPI

515
6840
5

7016

Income
Tax

200

Monthl
y CPI

Infosy
Welfare
Trust

2391

Account
No.
3005863
0352

Different
ial CPI

1207.0

GYM
facilities

200

25

Net Pay

58458

Bonu
s

355
3

Comparison of the Salary of Software

Engineer at Infosys with other IT
Companies in India
For the job of a software engineer, Infosys is at 68th percentile with a salary of INR
3.25 lakhs where the average is 2.77 lakhs.

COMPARISON

COMPARISON

Infosys Board
Compensation
The compensation committee determines and recommends to
the Board the compensation payable to the directors.
All Board-level compensation is approved by the shareholders
and separately disclosed in the financial statements.
Remuneration of the executive directors consists of a fixed
component and a performance incentive.
The compensation committee makes a quarterly appraisal of
the performance of the executive directors based on a detailed
performance-related matrix.
The compensation payable to the independent directors is
limited to a fixed amount per year as determined and approved
by the Board, the sum of which is within the limit of 1% of net
profits for the year, calculated as per the provisions of the
Companies Act, 1956.

Infosys Board
Compensation

Non-executive / independent directors' remuneration

Section 309 of the Companies Act, 1956, states that a
director who is neither in the whole-time employment of
the Company nor a managing director may be paid
remuneration by way of commission, if the Company, by
special resolution, authorizes such payment.
Members of the Company at the Annual General Meeting
held on June 22, 2007, approved payment of remuneration
by way of commission to non-executive directors, at a sum
not exceeding 1% per annum of net profits.

Thank You