Infosys, one of India’s leading IT services companies, has announced the launch of its new ‘Power’ programme, aimed at attracting top-tier fresh graduates by offering significantly higher salary packages compared to the company’s traditional entry-level salaries. This initiative marks a strategic shift in Infosys’s hiring strategy as it looks to bolster its talent pool amid a competitive job market.

Key Points

Programme Name: ‘Power’ Programme

Target Audience: Fresh graduates with strong skills in coding, programming, and software development

Salary Range: Rs 4 lakh to Rs 9 lakh per year

Purpose: To attract and retain top talent through enhanced compensation packages

Hiring Goal: 15,000 to 20,000 fresh graduates by the financial year 2025

‘Power’ Programme

The ‘Power’ programme is designed to reward high-performing graduates who excel in technical skills and have the potential to contribute significantly to Infosys’s projects. This new initiative offers salary packages ranging from Rs 4 lakh to Rs 9 lakh per annum, a substantial increase from the standard entry-level salaries of Rs 3 lakh to Rs 3.5 lakh. The programme aims to create a competitive edge in attracting skilled graduates, particularly those with expertise in emerging technologies and digital transformation.

Selection Process: Candidates will undergo specialized tests and interviews to qualify for the ‘Power’ programme. The selection process focuses on evaluating candidates’ proficiency in coding, software development, and problem-solving skills.

Skills and Competencies: The programme targets graduates with strong capabilities in areas such as cloud computing, artificial intelligence (AI), machine learning (ML), and cybersecurity. These skills are crucial as companies increasingly focus on digital transformation and advanced technological solutions.

Comparisons

Infosys’s ‘Power’ programme is part of a broader trend among IT companies to offer competitive salaries to attract top talent. This initiative parallels the efforts of other major players in the industry, such as Tata Consultancy Services (TCS). TCS’s ‘Prime’ programme, for instance, offers salaries ranging from Rs 9 lakh to Rs 11 lakh per annum for fresh graduates with specialized skills. TCS also has other pay scales under categories like ‘Ninja’ (Rs 3.6 lakh per year) and ‘Digital’ (Rs 7.5 lakh per year).

The strategic move by Infosys to introduce the ‘Power’ programme reflects its commitment to attracting high-quality talent and maintaining its competitive edge in a rapidly evolving tech landscape.

Salary Packages: Rs 4 lakh to Rs 9 lakh per annum based on skills and performance

Availability: The ‘Power’ programme is part of Infosys’s ongoing campus placement drive and is accessible to fresh graduates who meet the eligibility criteria and pass the required evaluations.

Application Process: Interested candidates can apply through Infosys’s campus placement drives, company website, or recruitment portals.

Conclusion

Infosys’s introduction of the ‘Power’ programme signifies a transformative approach in its hiring strategy, aiming to attract and retain the best talent in the industry with attractive compensation packages. By offering salaries up to Rs 9 lakh per year, Infosys is not only setting a new standard for entry-level compensation in the IT sector but also addressing the growing demand for skilled professionals in the digital space. As the company targets to hire 15,000 to 20,000 fresh graduates by the financial year 2025, the ‘Power’ programme is poised to play a pivotal role in shaping Infosys’s future workforce and driving its continued success in the global market.

Via @ businesstoday