Tag: wipro

Infosys, Wipro, TechM onboarding delay: Former HCL Tech CEO Vineet Nayar says this has happened before

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Vineet Nayar, former CEO of HCL Technologies, in a conversation with Business Today said that the delay in the onboarding of freshers at Indian IT companies is not a new thing and has happened before.

Nayar said, “This, delay in onboarding, has happened multiple times when there are twists and turns in the demand environment. This has happened before as well when there is an opportunity turn for the negative or the positive.”

Business Today has previously reported that Indian IT services companies Infosys, Wipro, Tech Mahindra, Mphasis, along with international companies like Accenture, Capgemini, Deloitte, and others have delayed the onboarding of new recruits by over a year.

The former CEO of India’s third largest IT services company explained that employers are unable to predict the demand for talent accurately, which results in issues like delay in the onboarding of fresh recruits.

“Ability to predict a demand for talent really goes wrong. A new employee takes about six to nine months to get trained and be deployed on a project. And in the case of freshers, the offer is made on year in advance. Which means predicting at least 18 months in advance whether you would need that employee or not,” Nayar highlighted.

The delay in onboarding at these companies is mostly a result of a drop in business demand.

Infosys responded to awaiting job claimants in an email saying, “Please be informed that we are allocating DOJ based on our business requirement. We will send you a joining communication at least 2-3 weeks prior to your joining date.”

Capgemini also released a similar statement. It read, “We understand your grievance. Rest assured, we will be honoring all the issued Letters of Intent. Our onboarding process is aligned with client requirements & staggered over time to factor in project schedules while providing the right training to new joiners.

Also Read: Infosys, Wipro, now Mindtree. IT professionals blame company for delaying onboarding – BusinessToday

Also Read: Wipro, Infosys, Capgemini: Freshers await offer letters for up to 10 months after selection – BusinessToday

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November 20, 2022
‘Moonlighting unacceptable’: After Wipro, Happiest Minds fires employees for dual jobs

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After Wipro, IT company Happiest Minds has fired employees for moonlighting. The company said moonlighting is unacceptable as it amounts to a violation of the job contract. Moonlighting is a term to describe employees who while working for one company take up a second job. Many IT firms including Wipro and IBM have called it ‘illegal’ and ‘unethical’. In fact, it was Wipro chairman Rishad Premji who triggered the whole debate by calling it “cheating – plain and simple”.

Happiest Minds’ Executive Vice Chairman Joseph Anantharaju told news agency PTI that his firm has been quite clear with its people that dual job is something that the company will not accept. “…because when you sign a contract or employment offer, you are agreeing to work only for that company,” he said.

Anantharaju said moonlighting raises risks and questions around security, as well as the commitment of workers in devoting their time and attention to end customers and delivery outcomes. He said his firm had found instances of employees involved in moonlighting and they were fired immediately because it was a message the management wanted to drive across the company.

“Even if it is a few hours somewhere… because there is no way of really ascertaining that. So we have done that…we are clear, you can’t be moonlighting. If you want to do some voluntary activities in unrelated areas…maybe wish to go teach in a school over the weekend that is different. But for us you have to have all of your time dedicated to Happiest Minds and working out here,” he said.

The top leadership of information technology firms is currently divided with some openly against the trend while some have lenient views considering the rising cost of living and exposure the employees get while working on other assignments.

In a tweet in August, Wipro’s Rishad Premji said: “There is a lot of chatter about people moonlighting in the tech industry. This is cheating – plain and simple.” Weeks after this tweet, Premji informed that his company had fired 300 employees found to be moonlighting.

Backing him, RPG Group’s Harsh Goenka said Wipro deals with Fortune 500 clients for whom data secrecy is sacrosanct. “If the customer finds even a remote chance of data compromise, it will not be tolerated,” he said.

Infosys, the country’s second-largest IT firm, too had joined the league warning its employees against two-timing and moonlighting. However, earlier this month, it took a U-turn and allowed its employees to take gig work with prior consent from managers and HR.

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October 23, 2022
‘Fired senior employee in 10 minutes’: Wipro’s Rishad Premji makes yet another disclosure

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A month after disclosing that Wipro had fired 300 employees for moonlighting, its chairman Rishad Premji has informed that his company fired a senior employee in flat 10 minutes for a ‘huge integrity violation’. The employee was one of the top 20 leaders at Wipro. Speaking at the Nasscom Product Conclave in Bengaluru on Wednesday, Premji said that it was an important role that this person played for the organisation “but when the times are tough, and you have to make those tough calls…we made that decision in 10 minutes”.

The chairman of the fourth largest IT firm in the country, however, did not disclose the nature of the violation by the person. He said Wipro values integrity and that the policy on this is black and white for any kind of violation or harassment. “There is a zero-one policy for any form of integrity violation, any form of harassment. You can be me in the company, and I won’t have a job if I violate one of those two,” he said.

“There is a zero-one policy for any form of integrity violation, any form of harassment. You can be me in the company, and I won’t have a job if I violate one of those two,” Premji said.

Premji also recalled an incident when a senior person was fired six-seven years ago for getting someone else to tag in and out for him. He said Wipro found that out and that person got fired effective immediately. This person, the chairman said, was well connected and reached out through every form of medium to put a lot of pressure on the organisation to give him a clean, relieving certificate. “We said we are black and white about this,” he said.

On 21 September, Premji while speaking at an event said that Wipro had sacked 300 employees who were found to be moonlighting. He said these employees who worked with the company were also found to be working for one of its competitors at the same time. Premji said this was “a complete violation of integrity in its deepest form”.

“The reality is that there are people today working for Wipro and working directly for one of our competitors and we have actually discovered 300 people in the last few months who are doing exactly that,” he said.

Premji has taken a very tough stand on moonlighting, a term to describe employees who take up other assignments from a second company while already working for one. “There is a lot of chatter about people moonlighting in the tech industry. This is cheating – plain and simple,” he had said in a tweet in August.

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October 20, 2022
Infosys permits employees to take up gig work with prior consent from managers

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Amid heated debate over moonlighting, India’s second-largest IT firm Infosys has allowed its employees to take up job opportunities outside the company with the prior consent of their managers and HR on Thursday. In an email, the software services exporter said: “Any employee, who wishes to take up gig work, may do so, with the prior consent of their manager and BP-HR, and in their personal time, for establishments that do not compete with Infosys or Infosys’ clients.”

With this move, Infosys has become the first major IT company to allow its employees to take up gig work. The decision comes amid ongoing debates around moonlighting – a term to describe employees who take up a second job while being on the payroll of another firm – and employee rights in not just the IT industry but also in other professional work domains.

Infosys CEO Salil Parekh recently said that the company did not support dual employment or working on gigs that could be in conflict with their work at the firm. He said that the company already had a platform that allowed employees to do internal gig work on internal projects.

Infosys’ latest email to its employees nowhere mentioned ‘moonlighting’. It laid down guidelines assisting employees in taking up side projects that do not stand in direct conflict with their employment contract. The email said that Infosys counts on its employees to ensure that this does not impact their ability to work with the company effectively.

“In addition, as per Infosys employment contract, employees may not work in areas when there is a potential conflict of interest or by accepting dual employment,” it said as per the report. The email further said Infosys, being an organisation that values learnability, totally supports its employees to take up additional projects.

The whole moonlighting debate was started by Wipro chairman Rishad Premji, who in a tweet on August 20 said: “There is a lot of chatter about people moonlighting in the tech industry. This is cheating – plain and simple.” After him, many tech honchos voiced their opposition to moonlighting.

RPG Enterprises chairman Harsh Goenka said moonlighting cannot be tolerated because of data, which is sacrosanct. “Moonlighting: Wipro vs Swiggy – they just can’t be compared. Wipro deals with Fortune 500 clients for whom data secrecy is sacrosanct. If the customer finds even a remote chance of data compromise, it will not be tolerated,” he said.

However, just days ago, former HCL CEO Vineet Nayar said moonlighting is unstoppable. He also questioned the top management of companies saying if their involvement in other companies as board members or as investors in startups amounts to moonlighting.

Also read: Wipro, Infosys, Capgemini: Freshers await offer letters for up to 10 months after selection

Also read: Which are India’s biggest tax paying companies? Find out here

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October 20, 2022
Wipro Q3 margin to see some headwinds due to salary increases, says CEO

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Wipro is likely to face some headwinds in its third quarter margins due to two incremental months of salary hikes, Thierry Delaporte, CEO and Managing Director of Bengaluru-based IT services company Wipro Limited said on Wednesday. However, he said, the firm is expected to hold its margins.

Wipro reported a sequential operating margin growth of 16 basis points for its IT services business at 15.1 per cent. Margin stood at 17.8 per cent in the year-ago quarter. The IT major has guided for $2,811 million-$2,853 million in IT services business revenues. This translates to a sequential growth of 0.5 percent to 2 per cent.

“We achieved margins of 15.1 per cent in Q2 after absorbing the impact of salary increases and promotions. Our margin improvement was led by better price realisations and strong operational improvements in automation-led productivity,” said Chief Financial Officer Jatin Dalal.

As per media reports, an internal mail sent by Saurabh Govil, Chief Human Resource Officer of Wipro, last month said the company will be awarding annual increments to eligible employees for the financial year ending 2022 in their September salary. The homegrown IT company is expected to cover 96 per cent of its employees. The company also had earlier announced that it is moving to a quarterly promotion cycle.

Delaporte said the company’s clients are seeing a level of caution in the market.

“Since the last time we spoke in July, macro-economic conditions have changed. We are speaking to our clients every day, (we hear) a change in the level of optimism as businesses across the world are dealing with inflationary pressures, geo-political turmoil, energy crisis and rising interest rates. Almost every major economy is experiencing today economic disruption. It is a fact,” he said.

However, on the outlook for next quarter, he said the company is guided for revenue growth of 0.5-2 per cent which will translate into growth of 10-12 percent year-on-year. For the full year, he said the company is confident about double digit growth.

“We don’t know exactly what will be the outcome for calendar year 2023. It is too early to tell. For now, all I can say that in our pipeline, we possibly see more deals that are focused on productivity, cost rationalisation so and vendor consolidation and so on. We possibly see that more than what we would have seen a year ago,” Delaporte said.

Also read: Wipro Q2 results: Net profit drops 9% to Rs 2,659 crore

Also read: Wipro to give 85% employees 100% variable pay in Q2

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October 12, 2022
Wipro CEO clarifies on moonlighting, says perfectly fine with a side job, but conflict of interest is a no-no

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Wipro CEO & MD Thierry Delaporte on Wednesday clarified that the company is perfectly fine with employees having a side job here and there, but the IT major cannot accept employees holding jobs in an obvious conflict of interest, clarifying its stance on the raging moonlighting debate kickstarted by the company Chairman Rishad Premji in a tweet about two months ago.

“There are contracts which have to be respected. In particular, when people are going for another job that has conflict of interest with Wipro, how can we accept that? So, yes we don’t accept that,” said Delaporte in a press briefing after the Q2 results announcement.

He elaborated further that Wipro employment contracts not only expect employees to dedicate time to the company, but also to themselves and their families. “We are perfectly fine with someone having a side job here and there. It’s different. If you’re working for a company in our environment for example, it’s not a question of legality, it’s a question of ethics. We don’t believe it’s right having two jobs with a conflict of interest.”

He also emphasised that the company is not doing anything new or different, but merely standing by clauses in its employment contract. “We are not doing anything new or different. It’s clear to our people when joining Wipro. I’m not talking about side jobs. I’m really talking about being in an obvious situation of conflict of interest. Our employees understand that,” he added.

Wipro Chairman Rishad Premji’s tweet on August 20 about moonlighting being “cheating – plain and simple” snowballed into a fierce debate in India’s $150-plus-billion software exports industry. Should it allow its 4.5-million-strong white-collar workforce to take up income-generating side gigs or not?

Top industry voices have mostly been critical of it. Premji has since said that Wipro fired 300 employees found moonlighting for competitors. Wading into the debate, Tata Consultancy Services’ COO N. Ganapathy Subramaniam had said that the company sees a long-term loss to the industry, and IBM India Managing Director Sandip Patel finds dual employment “not ethically right”. Infosys has warned that employees caught moonlighting will be terminated as it is unethical to take up a second job ‘during or after work hours’, while RPG Enterprises Chairman Harsh Goenka had backed Wipro in a tweet: “If the customer finds even a remote chance of data compromise, it will not be tolerated.”

But moonlighting has also found a few proponents. Tech Mahindra MD & CEO C.P. Gurnani is supportive of the idea and has even said he would introduce policies to enable employees to be more open about it. Former Infosys director Mohandas Pai has said it doesn’t amount to cheating. And Union Minister of State for Entrepreneurship, Skill Development, Electronics & Technology, Rajeev Chandrasekhar, said “efforts of companies to pin their employees down are doomed to fail”.

Also read: Wipro to give 85% employees 100% variable pay in Q2

Also read: Wipro’s attrition rate rises by 2.5% YoY, adds 605 new employees

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October 12, 2022