Every employee is a crorepati, says Infosys
Thursday, 9th June 2011
P Kumar, an Infosys employee helping customers in the US debug their software applications earns some Rs 5 lakh in annual salary, but is worth over Rs 1 crore for India's second biggest software exporter. "I was really not aware of this - now I can at least tell my friends and relatives that I am a crorepati," says Kumar who requested that his first name be not mentioned.
Each employee at Infosys - India's second biggest tech firm -- is worth over Rs 1 crore, the company said in an additional note filed with regulatory exchanges last month. As India's outsourcing sector continues to grow bigger and more complex, experts and software professionals want these companies to start valuing their staff on their balance sheets.
Publication : Economic Times
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