`Infosys iRace to stay till 2014′

  Infosys’ employee rating system iRace (Infosys Role and Career Enhancement) is here to stay. The HR programme which seems to have not gone too well with the company’s employees (and has also been blamed for recent staff exodus from the company) is not getting any iterations.

According to a news report in CIOL, the HR initiative would be around for five years, and changes and restructuring in the programme would take place in 2014. “iRace is a career architecture exercise. The program, which has been designed by the HR team, would continue to be the same. The company would look at any new program only after five years. The changes would depend on the market requirements at that point of time,” said TV Mohandas Pai, Director and Head, Finacle, Admin, Human Resources, Infosys Leadership Institute and Education and Research in the news report.

The news story also quotes Nandita Gurjar, senior vice president and group head, Human Resources, Infosys Technologies, saying that Infosys started iRace as a career growth programme in October 2009. It is being rolled out in a phased manner and the entire rollout would end by October 2010.
iRace led to 4500 demotions in October 2009. Of the 4,500 employees demoted after the introduction of iRace, nearly 2,500 have been given promotion (effective Aroril 2010) while the remaining are reported to have been retained at the same level.

iRace is a career architecture mapping programme designed by Mercer Consulting for Infosys. It aims to grade employees across different levels according to their roles.

http://mystudentrockstars.blogspot.com/