Persistent Systems

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80 • Annual Report 2018-19
Shaping the future of software driven business
Many Beyond Work Initiatives were organized in collaboration with Persistent Foundation, your Company’s CSR Arm and
the support from employees and community was excellent. During the year under report, as many as 26 Green Persistent
Initiatives were organized at various offices of Persistent. These initiatives were organized under 4 (four) broad-level themes of
Environment Conservation: Pollution control, Conservation of energy, Conservation of Trees and Waste Management. Overall,
750+ employees participated in these initiatives and contributed their bit to the environment.
As part of the Wellness Program in your Company, various initiatives such as Wellness Wednesday (a series of wellness tips
shared every Wednesday), Annual Health Check-up (more than 75% employees participated), Wellness Workshops (Yoga,
Zumba, Functional Training), etc. were organized.
Persistent Run, your Company’s flagship event had more than 4,500 enthusiastic runners participating. Your Company’s
Wellness Experts helped employees overcome their stress and ailments, whereas the Trekking Community continued the
monthly treks and organized 3 (Three) Himalayan treks. Your Company takes pride in mentioning that Persistent employees
were successful in scaling the summit.
On International Yoga Day, employees across various Centers did 15,000+ Sun Salutations.
Anand vs Anand Chess Event
Your Company had the honour of hosting Grand Master and former World Chess Champion Mr. Viswanathan Anand (Vishy)
in a fire side chat event with Dr. Anand Deshpande, Chairman and Managing Director of your Company. In an hour-long
conversation, Dr. Deshpande and Vishy had a highly engaging conversation discussing similarities between chess and business.
How preparation is the key to success and how that preparation helps in better decision making. The interview is available on
YouTube at
LifeAtPersistent in financial year 2019-20
Looking ahead to financial year 2019-20, your Company will continue to strengthen the program. This year, Life at Persistent
has a theme of ‘Sustainability and Vibrancy’ and will focus on ‘Developing a Culture of Ownership.’
Talent Additions during the Year
Your Company continues to attract high caliber quality talent in the industry. During the financial year 2018-19, your Company
recruited 3,596 employees on a consolidated basis consisting of regular employees, trainees/interns, consultants, business
consultants, contract consultants consisting of technical and non-technical professionals.
As on March 31, 2019, your Company employed 9,962 professionals (including trainees and associates) on a consolidated basis
spread across 18 countries. Your Company employed 8,691 in main-stream technical positions. Of these 5,242 were graduates,
1,896 post-graduates and 28 Ph.D.s. The distribution of overseas employees now constitutes 14.93% of the total work force.
Team Persistent is 10,000
In April 2019, your Company achieved an important landmark when the overall headcount of your Company crossed
10,000 for the first time. This number includes all full-time employees and temporary staff across all global locations
which is spread across the regions as follows: India – 8,490; America (incl. Canada, USA and Mexico) – 1,100; Europe – 250;
other APAC region - 160.
Your Company recruits fresh talent from various engineering colleges in India. During the year under report, your Company
added a batch of 1,001 new graduates through campus recruitment. Your Company strongly believes in nurturing ‘Industry -
Academia’ partnerships and has many programs such as BE project mentoring, Persistent Day, Internship for college students.
Persistent Computing Institute (PCI) conducted programs in cutting edge technology for students that were very popular.
The attrition rate during the year under report was 16.70% which was more than the attrition rate of 14.70% for the previous
year.
Continuous Learning and Skill Enablement
In line with a focus on continuous learning and self-development, Persistent University is driving ongoing skills development,
thus ensuring that employees are ready for the future. The University serves as a one-stop learning destination with offerings
to enhance technical skills, business communication, management and behavioral skills. Multiple learning methodologies are
offered such as in-class trainings, remote trainings, blended trainings, Massive Online Courses, self-learning and assessments
for internal certification. Employees can choose from a variety of courses along with combination of learning methodologies
as per their Individual Learning Plan (ILP). Every employee’s ILP is in line with the Company, project and individual aspirations.