Trending @Infosys; What do you think about the ongoing bench problem in Infy?
Makes me very concerned. 🫣 The bench is very bloated right now.
The problem is that Infy is matching today's hiring to tomorrow's demand, to get your talent pyramid right. Typically, your scarcest resource in any sort of high-demand period is competent, experienced project managers, of approximately 3 years tenure. So recruiting targets should be about predicting demand 3 years out.
They also distribute the vast majority of their profits to current Heads in the year they are made, or right after, retaining little within the firm. Heads actually have attrition levels similar from juniors(around 3 years), due to lifestyle, outside offers, and political infighting combined with personal ambition.
So they are incentivized to make headcount and recruiting decisions based on current demand because they don't care about staying for longer at the firm. This is a mismatch.
What do you think? I am literally sleepless at night with anxiety about getting laid off and it is affecting my health now.
There is never a bench problem it’s always a demand problem. A company can never work if it doesn’t plan for growth in future. We always need 15% bench, then only we can get new projects. (With assumption we will be getting new deals projects) Sometimes the bet doesn’t pay off and demand comes to a grinding halt like currently. That’s when bench bloats. Still there are requirements which are coming but I don’t have the right skill set to fulfill. What I see that the pandemic has brought lot of low skilled not really deserving folks at JL5 and JL6 whom we are finding difficult to place. People with good skills and flexibility still don’t have much to worry in infy.
I agree with your point. The concern is either you have a TCS type of job where you have stability or either you have Accenture type of job with good increment and growth. Infosys fails here. Neither employees here have job stability (PIPand all) and neither good increment ( last year they put n number of conditions to get hike, this time looks like no hike). Hike is very less, I think pretty similar to TCS provided they decide to give. That's why I don't feel like working here.
Sir, now officially there is a mandate to reduce headcount from Fixed price Projects thru automation etc. The target is somewhere 5 to 10 percent minimum. Once they release that headcount in CPOOL, then if they don't get new opportunities then bench will automatically increase and layoff would happen. There is delibrate focus on to reduce headcount from projects and then from org.#maximus
So my suggestion is if you care concerned about your job just go & reach out to every possible project manager with related skills & unit there might be chances you might be pulled to any of the project & from there over do upskilling
