BANGALORE: Infosys Technologies topped the annual 2002 DQ-IDC India surveys for the second year in a row. Cadence Design Systems and Wipro Limited completed the top three slots of the Indian IT’s best employers.
Based on 11 parameters, five from the HR survey and six from the employee survey, the survey was conducted in 48 Indian IT companies. Out of this, 22 were short listed based on the employee strength, average tenure, average training, attrition rate, retention rate, proportion of promotions granted, cost to company, ratio of the fixed component in the salary and the male to female ratio.
SAP Labs, Philips Software, Sun Microsystems, Datacraft India, Adobe Systems, HP and TCS were ranked in the four to 10 position to form the top 10 rankings of the survey. Except for Infosys, the survey witnessed a total disarrange of the top 20 rank holders with nine new entrants in the top 20 with four in the top 10 league, including the second rank holder Cadence.
The survey revealed that Infosys continued to top the `Preferred Company’ rankings this year, though its share of votes went down from 25 percent to 17.6 percent, over last year. Wipro also remained at number two position with share of votes going down to 6.8 percent from last year’s 12.5 percent. On the other hand Sun Microsystems topped the `Preferred Employer’ with 96.7 percent votes from its employees followed by HP and SAP Labs.
The shuffle in the rankings could well be reasoned to fact that the IT industry witnessed one of the worst slowdown in its history. The survey reveals the effects of the recession to have a direct impact on salary increment, reduction in perks, increase in workload, reduction in tour entitlement, own job security in that order, among others.
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