CEO Vishal Sikka has been granted million restricted stock units worth $2 million. The move comes at a time when the company reported its highest attrition in nearly five quarters. It is 15.8% for the latest quarter, up significantly from 12.6% in the January-March quarter. “We are not unduly concerned about the numbers because typically in the first quarter, we have higher exits due to people going for higher studies,” COO Pravin Rao said.
HR head Krish Shankar said attrition among high performers has come down to 11.2% from 13.2% sequentially, and noted that the company is attempting to bring this down further. In the latest quarter, Infosys added 3,006 people, taking the total headcount to 1,97,050.