In the highly competitive landscape of the IT services and consulting industry, attracting and retaining top talent is critical to sustainable growth, innovation and customer satisfaction. However, attrition, or the rate at which employees leave a company, is a pressing concern for Infosys.
The highly educated and specialized nature of the IT industry means that talented professionals are constantly sought after by competitors, both within the industry and outside it. This intense competition for talent creates a risk for Infosys, as the loss of skilled employees can lead to knowledge gaps, project disruptions and increased costs associated with recruitment and training.
Regulatory Compliance
One of the key challenges Infosys faces with respect to regulatory compliance is the complexity and diversity finland phone number data of regulations across geographies. As a multinational operating in multiple countries, Infosys has to navigate a myriad of legal frameworks, sector-specific regulations, data protection requirements, and labor laws.
Complying with these regulations and at the same time ensuring consistency across regions can be a daunting task. Failure to comply with the relevant regulations can lead to legal consequences, financial penalties and damage to the company’s reputation. Moreover, since technology plays a crucial role in Infosys’ operations, compliance with data protection and privacy regulations becomes paramount.
Talent turnover and retention
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