Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial

No poaching from Satyam: Infy

ET: Infy not to hire Satyam employees:

“We have asked our recruitment staff not to poach anybody from Satyam. The company is in the middle of a crisis and people will jump ship,” Infosys Technologies HR, education & research and administration director TV Mohandas Pai told ET. On Wednesday, Infosys had ruled out any possibility of taking over Satyam. “We will not touch such a tainted company,” Infosys founder and non-executive chairman N R Narayana Murthy had said.

You don’t want the company, understandable. You don’t want the employees? What kind of stupid logic is that?

The idea that by not hiring them will make the employees stick to Satyam is silly. If they want to leave, there’s not much Infy can do to influence that choice. And if the industry gangs up against Satyam employees, won’t it be a shame?

Those employees that couldn’t have participated in the scam are free to go where they choose. By denying them a job, Infy is only shooting itself in the foot. The best of the Satyam stock will go to other companies, and there are indeed some excellent people in there.

Tomorrow there will be no Satyam. But there will be a memory of how Infy became an asshole. Those employees will remember.

But it might just be that Infy has no place for more employees anyhow. These are bad times, but it’s inexcusable to make silly statements like we wont hire from Satyam. You will, you always have, and not doing so jeopardises only you. Loyalty cannot be forced on anyone. Infy will be wise to understand that early.

Update: Since Infy mentioned “poach” versus “hire”, I must apologise for the heavy remark. Yet, having been in the circles, I know there is hardly a line between “poach” and “hire” – if you get a resume from a recruiter, does it amount to poaching? How do you know the recruiter – who gets one month’s income as compensation – did not approach the employee first? How can you prove you didn’t poach? The obvious answer: you cannot. Even if you ask the employee he’ll say no, I didn’t get poached; he wants the Infy job. So what happens? If the dictat is rigid, Infy HR will not hire anyone from Satyam. If it’s not rigid then this is all false posturing anyhow. Either ways it does Infy no good.

  • Anonymous says:

    >I don’t think he was saying that they will not hire anyone from satyam. He said “we will not poach”. Poaching would be hurting satyam more. I think that was a fair statement. Media has habit of picking stuff without providing the context. So please do not fall for it.

  • akash says:

    >Hi deepak,

    with due respect to you,i will like to say that the content of your post is a disrespect for a company like Infy,it has always been a fair company and at this juncture by saying that it wont poach for employees,it is only correct.

    Satyam might still be saved,may be if government intervenes,and i think it should,it is a no brainer in my opinion.If Satyam actually goes down it will be a big big jolt on IT outsorcing in India,a US can stand tall even after enron or worldcom but a India cant.We need outsourcing to happen,for us to become a self sustaining economy it requires some time.Till then the pillar of economic growth is outsourcing and nothing else.

    Government should not let Satyam to fall,other IT companies should not poach satyam employees.


  • Anonymous says:

    >When all IT majors are maintaining decent silence, it is only INFY loafing around and persons like NRN, Pai giving unsolicited remarks…………

    NRN, please note, no self respect individual will join Infy after your comment.

    IF you have morality, you should not poach Satyam customers…..Already that poaching had started…..Satyam bagged a big million dollar contract in Japan, and after Maytas deal fiasco, INfy went and by morally corruping the Japan client snatched the Order……


  • Anonymous says:

    >I wonder if INFY will have the same attitude about not “poaching” any Satyam clients either ?

  • Anonymous says:

    >Infy being highly fair and ethical is a myth propagated by the Indian media.

    Murthy of “I am most qualified to be President” fame is a smart guy with an ego that keeps doubling every year.

    Yes Raju is guilty. But just imagine Murthy and Premji are going to get to pass judgement on Raju. Unbelievable. I know a ton of former Infosys guys who will whole-heartedly agree with this.

  • BSE Gems says:

    >Poaching now would be hurting the ENTIRE IT Industry and pulling it down internationally when many MISSION CRITICAL projects in SATYAM are heldup as employees jump the SHIP.

    TILl now they have been treated well, let them pay back a little by completing their projects and hand over the transition and then look at other options.

    Narayan Murthy is PERFECTLY JUSTIFIED In stating it that way. Visionaries are misinterpreted in the SHORT TERM as MANIACS, but treated like ROYALS and SAVERS int he LONG TERM.

    Don’t we have the Ex RBI Governor Reddy as a recent example when many criticized him then and now praise him for saving INDIA

    Read here WHY NASSCOM itself is asking Cos not to POACH Satyam employees…

  • Anonymous says:


    Sorry mate, you are hitting under the belt.

    If Mr. Pai is asked “Sir, are you poaching satyam employees” ..what else can he say to sound politically correct ?

    INFY never said, we would never recruit anyone who came from satyam, infact from the reports I am getting some clients are shifting to Infy along with satyam employees in Australia and NZ

  • Anonymous says:


    Agree your mistake and move on, mate.

    I thik you are much better of doing your detective posts…

    let me give you a tip to start off..


    MAYTAS is the corner stone of all these scams…

    From an ET Article, Delhi Metro MD smells a scam of Maytas, HYD Metro project.

    “I would like to caution that the example of Hyderabad Metro is quite misleading as the negative viability gap funding has resulted solely on account of 296 acres of prime land being made available to the BOT operator for commercial exploitation. This is like selling family silver. Apart from the fact that this might lead to a big political scandal sometime later,
    SundayET has a copy of the letter (No DMRC/89/08) which was also sent to three other officials, including two in the Planning Commission. When contacted, a DMRC spokesperson refused to comment on the issue.

    Do you have a copy ofthe DMRC letter ?

    Are you seeign anything fishy with MAYTAS books etc ?

  • Anonymous says:


    You have lost it….and you must feel ashamed of yourselves using abusive language of people, companies you do not know personally.

    The satyam issue has become public and anything anyone says will sound harsh. I know you sympathise with satyam employees, I do feel the same. But there is also something called as law, and respectable companies (yes RESPECTFUL) have a strong code of conduct with respect to hiring. So the more apt course of action would be to wait for the law to take its action and when it has cleared its verdict, open talent will be attracted.

  • Anonymous says:

    >Time has come, Murthy has to abstain from his obsession of talking into media and poking his nose in every matter. Poster boy of Indian IT, mr. murhty behave like a mentor now, if you really are and stop politicizing the satyam fraud to your benefit. No satyam employee would like to go to Infy as Infy has become an asshole co. by such idiotic comments on satyam employees

  • Satyamite says:

    >Good to know Infosys not trying to “poach” SAtyam employees.


    Will Infosys not also “poach” Satyam clients?

    I dont think you will hear that anytime soon.

    Double Standards.

  • Tere Naina says:

    >Honestly thanks Infy’s way of saying – we are so full up that we cant hire no more. I bet they have stopped all non-essential hiring and backfills. The press wont get that – but Infosys employees (not stupid or blurry-eyed with their own craplogic) will tell you that. I am one. Its just that they wont to look good. Infy’s been doing the Good cop game for a while now. I wonder if there are skeltons in Mr. Nilekani’s closet?

  • Infoscion says:

    >You have no idea on the amount of stupid policies they bring out in Infosys (there is a Policy Committee too here whose only job is to review existing policies and create new ones – Dilbert’s world ?)

    The latest one being leaves would be deducted if the daily average of 9.15hr is not maintained; calculated each quarter. If no leaves are available for the employee, it results to a LOP. Sounds OK?

    Hear the funnier side – this policy got introduced in Dec’08 , but is being back-tracked to April’08!
    What stupid logic is that ?