IT major Infosys has introduced an onsite rotation policy for employees and set an upper limit of 18 months that they can stay in overseas locations while travelling for client-specific work.
Analysts called this a positive development on the human resources front in the company. Prabhudas Lilladher in a report expected the move to curtail attrition and also improve client-specific domain knowledge,which will improve delivery.
Infosys has been hit by several high profile exits recently,which it is seeking to reverse. Chairman NR Narayana Murthy has sought to fix this with first declaring salary hikes at a time when the companys performance was at its ebb and bringing out changes on the HR front. Simultaneously,Infosys has identified onsite deployment as a major item of costs which creates a pricing disadvantage vis-a-vis its rivals.
The move will push up costs on visas and also add to travel costs. The company,however,is looking at increasing offshore activity from 65-70 per cent levels to 75-80 per cent levels. Competitors have also cut back onsite deployment. TCS began the process from 2010,while Wipro too followed suit in 2011.