Country for PR: United Kingdom
Contributor: PR Newswire Europe
Thursday, October 17 2019 - 00:36
AsiaNet
Infosys Instep Recognized as the Best 'Overall Internship Program' in the World
BENGALURU, India, Oct. 16, 2019 /PRNewswire-AsiaNet/ --

Recognized for its strides in nurturing and training young talent for the 
second consecutive year 


Infosys ( https://www.infosys.com/) (NYSE: INFY), a global leader in 
next-generation digital services and consulting, today announced that its 
flagship global internship program, InStep, has been ranked number one in the 
best 'overall internship' category in 2020 Internship Rankings by Vault.com, a 
career intelligence organization. Instep also won the first rank in 'tech and 
engineering', 'diversity', 'compensation and benefits' and 'quality of life' 
categories and second rank in the 'career development' category.

Infosys
InStep, a fully paid international internship program offers interns an 
opportunity to work on projects across business units and corporate functions. 
Interns with various backgrounds work on real-time STEM and business projects 
in digital technologies including artificial intelligence (AI), big data, cloud 
computing, machine learning and Industry 4.0. This year Infosys further 
strengthened its internship program InStep by mapping mentors, buddies, and 
internship coordinators to help over 250 graduate and post-graduate students 
from 35 nationalities -- a 90 percent increase from last year's 130 interns, to 
be part of an engaging and learning experience.

Vault surveyed nearly 14,000 current and former interns from more than 130 
internship programs for the rankings. The interns were asked to rate their 
internship experiences in six areas: quality of life, fulltime employment 
prospects, compensation and benefits, diversity, career development, and 
interview process. To more accurately rank internship programs based on the 
feedback from the interns about what they value most in an internship, Vault's 
100 Best Internships Ranking is based on the following formula: 30 percent 
career development, 20 percent employment prospects, 20 percent quality of 
life, 20 percent compensation, 5 percent overall diversity, and 5 percent 
interview process.

Pravin Rao, Chief Operating Officer, Infosys, said, "Being recognized as the 
best overall internship program globally for the second year in a row, 
underscores our commitment to offer exceptional learning experience to the 
young talent. This recognition by Vault is gratifying as it is the voice of our 
interns that has earned us this recognition." 

While announcing the rankings, the Editors at Vault, said, "This year, we 
expanded our Best Overall Internship Rankings from 50 to 100. Infosys' InStep 
internship program held the top spot for the second year in a row. All aspects 
of the InStep internship received rave reviews from Infosys interns."

About Vault

Vault is the most comprehensive resource for employer, university, and 
internship program rankings, ratings and insights that are sourced from 
directed surveys of professionals and students. This allows the users to 
evaluate companies, schools, and internships in terms of prestige, best place 
to work, diversity, quality of life, compensation, and other categories. Vault 
additionally partners with employers to help build their brands and augment 
recruiting efforts, as well as with universities to help their students with 
employment placement and career selection.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. 
We enable clients in 46 countries to navigate their digital transformation. 
With over three decades of experience in managing the systems and workings of 
global enterprises, we expertly steer our clients through their digital 
journey. We do it by enabling the enterprise with an AI-powered core that helps 
prioritize the execution of change. We also empower the business with agile 
digital at scale to deliver unprecedented levels of performance and customer 
delight. Our always-on learning agenda drives their continuous improvement 
through building and transferring digital skills, expertise, and ideas from our 
innovation ecosystem.

Visit www.infosys.com to see how Infosys (NYSE: INFY) can help your enterprise 
navigate your next.

Safe Harbor

Certain statements mentioned in this presentation concerning our future growth 
prospects are forward-looking statements regarding our future business 
expectations intended to qualify for the 'safe harbor' under the Private 
Securities Litigation Reform Act of 1995, which involve a number of risks and 
uncertainties that could cause actual results to differ materially from those 
in such forward-looking statements. The risks and uncertainties relating to 
these statements include, but are not limited to, risks and uncertainties 
regarding fluctuations in earnings, fluctuations in foreign exchange rates, our 
ability to manage growth, intense competition in IT services including those 
factors which may affect our cost advantage, wage increases in India, our 
ability to attract and retain highly skilled professionals, time and cost 
overruns on fixed-price, fixed-time frame contracts, client concentration, 
restrictions on immigration, industry segment concentration, our ability to 
manage our international operations, reduced demand for technology in our key 
focus areas, disruptions in telecommunication networks or system failures, our 
ability to successfully complete and integrate potential acquisitions, 
liability for damages on our service contracts, the success of the companies in 
which Infosys has made strategic investments, withdrawal or expiration of 
governmental fiscal incentives, political instability and regional conflicts, 
legal restrictions on raising capital or acquiring companies outside India, and 
unauthorized use of our intellectual property and general economic conditions 
affecting our industry. Additional risks that could affect our future operating 
results are more fully described in our United States Securities and Exchange 
Commission filings including our Annual Report on Form 20-F for the fiscal year 
ended March 31, 2019. These filings are available at www.sec.gov. 
(https://www.sec.gov/) Infosys may, from time to time, make additional written 
and oral forward-looking statements, including statements contained in the 
Company's filings with the Securities and Exchange Commission and our reports 
to shareholders. The Company does not undertake to update any forward-looking 
statements that may be made from time to time by or on behalf of the Company 
unless it is required by law.

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Source: Infosys