To beat the growing traffic menace in Bangalore and the loss in productivity hours, the posterboy company, Infosys has devised a financial reward scheme to counter the woes.
Under the scheme developed by Stanford University, employees who report before 8:00am get 1.5 credits, while those reporting between 8-8:30 its 1 credit. The cap of credit per week is 7.5 which can translate into a cash reward of upto Rs.12,000 per week.
Uptil now 700 people have been rewarded and around 13500 people report before time. The scheme has also resulted in fuel savings of Rs.20000 per day plus saving on time for company buses plying on the road.
Find this article at: http://www.labnol.org/india/interesting/beating-bangalore-traffic-snag-infy-style/5551/
Tags: bangalore, feature, infosys, innovative, India, Interesting
Reader Comments
Can this scheme work amidst the economic slowdown?
Written by amittekale on 11.26.08
This is an anti employee step aimed to extract more work from Employees
If traffic is the main concern, then they should also allow employees to leave office by 2:30 or 3 to beat the traffic
Written by Bruno on 11.26.08
12,000 per week?
Are you kidding dude?
Written by annhltr on 11.26.08
So its plan to prepone the ‘peak traffic’ by an hour :(. Actually Roads are causing bottleneck, not the time.
Written by Pramod on 11.26.08
In reply to Bruno — I feel this is not a anti-employee step.. as they are not forcing it on them.. its just a option that u can utilize if u want it.. and its a 100% win-win stratergy
Written by Nagaraj Hubli on 11.26.08
Great idea. But how long will they go with this?
Written by Rohit on 11.26.08
maybe it will work, but its not a solution at all.
Written by Deepak on 11.26.08
Guys, Status Quo is that in Global recession everybody wants to cash in. The employee count will definitely rise exponentially.
–Chris Martin
Written by About Online Tips on 11.26.08
So Now i know why recently traffic was suddenly lesser than usual ! Usually Infy buses are the main ones that fill the road.
Written by Quakeboy on 11.26.08
Great offer by infy.I really hate Garden City’s traffic.
Written by Tweakwindows on 11.26.08
is that a joke o what
I workn for infosys chandigarh but nothing such is heard…
Written by pushpinder on 11.26.08
Hmm..interesting. I am just wondering the no.of Infy employees in Bangalore. Can anybody tell me? I know they recently crossed the 100k mark overall. That number will be crucial in making some quick calculations and assuming Infy is paying via the savings it makes on the fuel, not taking the savings in time, we can know whether the solution is economical & viable in the long run.
Written by Praveen Ratna Deepak on 11.26.08
At Rs 12000 per week or Rs 48000 per month, employee can rent an apartment just next to their office and report always by 8 AM.
I think reward amount sounds unrealistic and unsustainable for long term- This may be a temporary measure to assess if employees can be motivated to report on time. After sometime, it will be a standard to report at 8 AM and anyone who comes late may be treated as late comer.
Written by Shrinidhi Hande on 11.26.08
Great Idea, i think i should ask my company follow this method..
Written by mayil on 11.27.08
I think the amount is Rs.1200, a “0″ was added extra.. Indian invention…so he might have used it a bit lavishly ;)
Krishna from keepwrite.com
Written by Krishna on 11.27.08
Stupid move. If they are spending so much, cant they rent them (build) an apartment next to the campus for free? I am sure lot of employees will be happy to use them too! Another stupid idea
Written by Rama on 11.27.08
thats a good move. but may not workout for the company for long term.
Written by Blootics on 11.28.08
sounds unrealistic …
Written by Prasun on 11.30.08
Its not a great move. My tiny company allows people to work from home. We just had to set up the VPN and now I can choose to work on my home computer or connect into the VPN and work with a terminal client on my office computer. It is silly not to use technology the right way. Set up a mediawiki, chat server, discussion forum, SVN and VPN and you should be up and running a virtual office and your employees can spend 4 hours more that would have been lost in traffic.
Written by anon on 12.03.08