Infosys relaunches ESOPs due to rising attrition
Indian IT services company Infosys said it has relaunched its employee stock option (ESOP) plan for junior to middle-level management employees after around 13 years. This follows a rise in the firm's attrition rate to 21% in the quarter ended June, 2016. Rewarding 7,500 of its employees, the company stated that it has also revamped its leadership development programmes. 