Performance Management System (Wipro vs Infosys)

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Transcript of Performance Management System (Wipro vs Infosys)

Page 1: Performance Management System (Wipro vs Infosys)

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CHALLENGES FACED BY IT EMPLOYEES

-STRESS

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• formation of various clubs

• organizing workshops

• large projects broken down into

smaller ones

HOW INFOSYS HELPS EMPLOYEES OVERCOME

STRESS

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• work life is enriched by three factors -learning opportunity -financial benefit -emotional support

(Infosys ensures that a good work life balance exists @ all times)

WORK CULTURE AT INFOSYS

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• Infosys’ global education

centre is the largest of

its kind in the world

• Spread over an area of 337 acres, with a total investment of Rs. 2055cr. (Rs. 350cr. on software development block and Rs. 1705cr. on education and training infrastructure)

• main auditorium seating capacity - 1056 seats

TRAINING AT INFOSYS

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SUCCESSION PLANNING• Infosys Leadership Institute, Mysore

campus

• three-tier mentoring process at Infosys

• nine pillars for leadership development : 360 degree feedback, Development assignments, Infosys Culture

workshops, Development relationships, Leadership skills training, Feedback intensive programs, Systemic process learning, Action learning, Community empathy

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INCENTIVES• believes in Happy Productive Employees

• types of incentives @ Infosys: -Send a handwritten note, Send them to the showers, Help them connect,

Flex those hours, Reward effort as well as success, Give them a free pass, Dole out cream and sugar, Remember the secret words, Give them a place to park it, Create your own "Club Med.“, Elect them to the Wall of Fame, Walk it as you talk it, Offer a swap, Spread the love

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OVERVIEW OF

INFOSYS

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STRESS

MANAGEMENT

AT WIPRO

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• Wipro’s training model

• rapid learning:

-Frequent updates, Short shelf life, Minor change,

Critical Training

• process training

TRAINING

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DEVELOPMENT• leadership development framework

• leadership lifecycle programs -Entry-level program (ELP), New Leaders’ Program (NLP),

Wipro Leaders’ Program (WLP), Business Leaders’ Program (BLP), Strategic Leaders’ Program (SLP)

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PERFORMANCE APPRAISAL

• Aims of performance appraisal: -feedback, training need identification,

organizational development, facilitate communication, validate selection, align employee objectives to the business goals, Assess employee performance, Enable online Reward and Recognition.

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PROMOTION

• higher you go, heavier you get

• bases of promotion:

-seniority

-merit

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COMPENSATION• PAYSCALE OF WIPRO

Employee Class No of Employee Salary (Rs/Month)A+ Class 128 120000 A Class 1240 150000B+ Class 33000 60000

B Class 22000 40000Technician 4000 35000Zero level 3440 10000

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WELFARE ACTIVITIES• Education• Medical• Housing• Canteen• Sports• Recreation activities • Club membership• Insurance Policy

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SUCCESSION PLANNING

• reviewing talent

• planning the process

• clear focus

• training difference