The matter came to light after a Pune-based IT union, The Nascent Information Technology Employees Senate (NITES), has written to the Union Labour Ministry seeking the removal of the clause, calling it “arbitrary, unethical and illegal”. The non-compete clause also bans employees to work for the same customers with whom they had worked at the company for the last 12 months.
It shows Over 80,000 employees have resigned from the company between January- March 2022 quarters.įacing record levels of attrition, recently, Infosys is reportedly invoking the non-compete clause in the employment agreements to curb attrition.Īccording to this non-compete clause, the company is banning its employees from joining Tata Consultancy Services, IBM, Cognizant, Wipro, and Accenture within 6 months of quitting the organization in case they have the same clients.Īnd the ban also includes nine companies Tech Mahindra, Genpact, WNS, TCS, Accenture, IBM, Cognizant, Wipro, and HCL for business processing management (BPM) employees. The company has reported that it has hired 85,000 freshers both off-campus and on-campus in the financial year 2022 and the total headcount stood at 3,14,015 from 2,92,067 within the December 2021 quarter.īengaluru-based, IT major has announced that its attrition rate reaches 27.7% in the March quarter, up from 25.5% in the December quarter. Last week, India’s second-largest IT services company Infosys announced its fourth-quarter results ending on March 31, for the financial year 2022.
0 kommentar(er)
