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»»»» » INTRODUCTION Our assets walk out of the door each evening. We have to make surethat they come back the next morning. (Narayana Murthy, CEO Infosys).Infosys technology, a leading software company based in India, was voted as the bestemployer in the country in many HR surveys in the recent years. The company is wellknown for its employee friendly HR practices. Though Infosys has grown to become aUS $ 2 billion company by the year 2006, it has still retained the culture of a smallcompany. Infosys attracts the best talent from across the country and recruitscandidates by conducting one of the toughest selection process. Infosys was one of thefirst companies to offer ESOPs to its employees. The company followed variablecompensation structure where the employees' compensation depended on the performance of the individual, the team and the company. It also very tackles thechallenges faced by the company to retain its talented workforce.At a time when organizations are debating the strategic importance of their humanresources, Infosys, a consulting and software services organization, includes itshuman resources on its Balance Sheet to affirm their asset value1. Mr. Mohandas Pai,the Chief Financial Officer of Infosys, provides a rationale for this practice: Investors examine financial and non-financial parameters that determine long-termsuccess of a company. These new non-financial parameters challenge the usefulnessof evaluating companies solely on traditional measures as they appear in a typicalfinancial report. Human resources represent the collective expertise, innovation,leadership, entrepreneurial and managerial skills endowed in the employees of anorganization. Our representation is based on the belief that intangible assets provide atool to our investors for evaluating market-worthiness of Infosys. »» »»»»»»»»» Vision ³To be a globally respected corporation that provides best-of-breed business solutions, leveraging technology, delivered by best-in-class people. » Mission ³ To achieve our objectives in an environment of fairness, honesty, and courtesy towards our clients,employees, vendors and society at large. Infosys Technologies Limited TYPE - Public BSE - 500209 NASDAQ - Infy FOUNDED - July 2, 1981 HEAD QUARTERS - Bangalore, India KEY PEOPLE - N.R.Narayana Murthy (chairman) KrisGopalakrishna (CEO) & (Director) INDUSTRY - Software services PRODUCTS - IT service SERVICES - Information Technology consulting services&solutions REVENUE - US$3.16 billion (2009)
