Tuesday, July 6, 2010

Infosys reward employees take shares of for each year of service

Infosys Technologies, India's second largest software company is its 30 years of operation in the industry to the 2dn completed July as a birthday treat, the company is its employees 5 shares plus one share will distribute each, complete for several years in Infosys as their service period and has 569,000 shares distribution among its 113,796 employees make.

Infosys make it very interesting as everyone (as per your closing rate on Wednesday, BSE) at least always RS 14000 approx as shares and will if a 5 year service has completed, to RS. 28, 000.Der total amount for this idea is the employee bonus or reward somewhere around 320 million rupees to 1.6 billion rupees.

Earlier in the year 2006 Creative Commons Infosys give - away - bonus of 1.26 billion rupees to its 56,000 employees when it was Infosys 25th birthday and noticeably Infosys is the first Indian company, to give its employees stock options in 1993 that was put on ice for some years, but now the company pitch in with the reward system stocks again in 2010.

 

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