How H-1B visa rejections is hurting Infosys
BENGALURU: Infosys blamed part of the growing employee attrition at the company on its inability get enough H-1B visas and said it had to come up with a "New value proposition" to help retain employees. Chief operating officer UB Pravin Rao said the company was seeing higher employee losses in the three-five year experience bracket in India and the two-three year experience bracket in the US. LOCAL ARMS OF MNCS TOO WEANING TALENT AWAY Infosys' attrition has been high for the past few quarters. "Now, with visa restrictions that is not happening. We have to create a new value proposition." Indian companies are also losing out on talent with less than five years' experience, particularly in the newer digital and cloud skills, to local operations of companies such as Amazon and captive operations of global MNCs such as Deloitte, Tesco and Walmart.
➖ @YourSpecterBot ➖
BENGALURU: Infosys blamed part of the growing employee attrition at the company on its inability get enough H-1B visas and said it had to come up with a "New value proposition" to help retain employees. Chief operating officer UB Pravin Rao said the company was seeing higher employee losses in the three-five year experience bracket in India and the two-three year experience bracket in the US. LOCAL ARMS OF MNCS TOO WEANING TALENT AWAY Infosys' attrition has been high for the past few quarters. "Now, with visa restrictions that is not happening. We have to create a new value proposition." Indian companies are also losing out on talent with less than five years' experience, particularly in the newer digital and cloud skills, to local operations of companies such as Amazon and captive operations of global MNCs such as Deloitte, Tesco and Walmart.
➖ @YourSpecterBot ➖