Infosys Mulls Restricted Stock Units Option To Prevent Attrition

Infosys is considering may measures to check attrition in the company, which has led to almost 20% employees leaving the IT giant in the last financial year.

Infosys also granted almost 22,800 restricted stock units, valued at more than Rs 8 crore, to its new CEO and managing director Vishal Sikka in August.

Infosys has taken steps such as wage hikes and regular promotions to retain its staff. It is also trying to improve engagement with employees.

In August, the company gave out-of-turn promotions to 5,000 employees. It had earlier announced 6-7% salary hikes for offshore employees.