Infosys, India’s second-largest IT service provider has rolled out an internal talent marketplace called FLUID. It will help employees to reskill and move up the value chain.
According to TOI report, the internal talent marketplace will help the IT major to have a larger talent pool to meet the talent requirement in its digital projects.
Infosys said that 34% of its hiring requirements in digital projects were staffed with reskilled employees, while 80% of the reskilled talent moved to digital projects within a year of upskilling. Digital revenue now contributes more than half of the company’s topline.
The company has also introduced Skill Tags that function like skill badges to identify proficiency in different technologies. Infosys identified 36 skills that were important and created learning pathways. In addition to these courses, employees also had to get certification.
Once they got the certification, they would be redeployed and needed to work in that position for a period of six months to get a skill tag. This allows them to be called a cloud architect or digital engineer, and once that is done, they get a skill bonus once a quarter.
Employees can select a skill tag, and then a variant within it, to specialise in. It has 22,000 skill-tagged employees today, making up 29% of the digital solution specialist talent. More than 6,500 people hold premium skill tags in niche skill areas. Some major tags include cloud developer, scrum master, UX designer, DevOps professional, and data scientist, the publication mentioned.
Along with this, the company also added another parameter for employees to be evaluated upon, which is called the Digital Quotient (DQ). DQ is more about getting points and how employees keep on improving this so that they get a faster roadmap to their career growth.
Using the Digital Quotient score, Infoscions can understand how their skills compare to others, and enables them to realise new opportunities. About 80,000 employees have increased their capabilities through this.
