Infosys’ 1.5-2 per cent involuntary attrition rate is par for the course: Salil Parekh

Infosys has shed 1.5-2 per cent of its total workforce in each of the last two quarters, which it terms as involuntary attrition.

This works out to anywhere between 2,000 and 3,000 employees every quarter; basically, this is involuntary attrition and is based on the performance of each employee.

In a post-earnings analyst call soon after the second quarterly results were announced, Infosys CEO, Salil Parekh said attrition had declined to 19.4 per cent, which included voluntary attrition of below 18 per cent. During the previous quarter, one of the top executives had said that involuntary attrition was higher compared to voluntary attrition.