Infy to hire 25,000, attrition up

BANGALORE: IT software major InfosysTechnologies said that it planned to recruit 10,000 fresh hands in the secondquarter of this fiscal and and a gross of 25,000 for the year.

"Hiring has been planned and attrition is under control," T VMohandas Pai, member of the Board and Head-HRD and Education and Research ofInfosys, told reporters.

Infosys plans to recruit 10,000 in thesecond quarter of the fiscal. Out of these, 8,000 would be campus recruitments.

He said that nearly 3,000 of the recruits were BSC, BCom graduates."Most of these BSC graduates recruited are the cream and can be trained", hesaid. The software major was looking at deploying these graduates in positionslike infrastructure management and independent validation.

Statingthat attrition was under control, he said that the attrition figure this quarterwas 13.6 per cent as against 13.4 per cent in the last quarter. Nearly 16 percent left the company to pursue higher studies and 47 per cent for other firms.

The total projected employee strength for the first quarter of thecurrent fiscal was 94,379 against 91,187 in the last quarter of 2007-08. Thestrength of software professionals was 87,816 as of this quarter as against85,013 the last quarter of 2007-08.

Gross addition this quarter was7,182 and net addition was 3,912 for this quarter with laterals being 2013.

Capital Expenditure of Rs 337 crore was incurred this quarter. As onJune 30, 2008, the firm had 1, 78, 56,088 sqft of space capable of accomodating80,880 emploees and 70,19, 986 sqft is under completition, capable ofaccomodating 23,945 employees.