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Thread: [[M]]Each Infosys employee worth Rs 97 lakh

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    [[M]]Each Infosys employee worth Rs 97 lakh

    Each Infosys employee worth Rs 97 lakh
    17 May 2009, 1339 hrs IST, PTI


    NEW DELHI: Each employee at Infosys Technologies is worth as much as Rs 97 lakh, mainly based on the potential value of their future earnings for the company.

    The IT major's total value of human resources, which includes both software professionals and support staff, is pegged at Rs 1,02,133 crore for the fiscal ended March 2009.

    According to the company's annual report, the human resources' value of Rs 1,02,133 crore during fiscal 2009 was for 1,04,850 employees during the same period.

    On an average, the same translates into a value of about Rs 97 lakh for each employee.

    For the fiscal year ended March 31, 2008, the value of human resources stood at Rs 98,821 crore while the total work force of the company stood at 91,187.

    In FY 2009 the number of software professionals and support staff stood at 97,349 and 7,501 respectively, the report said.

    The value of human resources is evaluated and based on the "present value of future earnings of employees" and few other factors, the company said.

    Employee compensation includes all direct and indirect benefits earned both in India and overseas and the incremental earnings based on "group or age" are among the assumptions take into account, it added.

    The report noted that the value is computed using the "Lev & Schwartz" model.




     



    Regards

    Mohammed marzuk ali



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    plz try to post news in WORLD NEWS section....

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    k..done!!

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