A fictitious Interview

I just came across an interview excerpt which looked credible at the first look but later refuted by Mr Pai himself.....
These kinds of mendacious interviews put alot of presssure on company management and also act as great lobby tool for their propenents!!!!!

An fictitious Interview with Mr. Mohandas Pai

Infosys, a stalwart in its sphere is exponentially expanding its clutches on the entire globe. The so called company, known for its Omni potential caliber is striving for this stride with huge recruitments. But the compensation dream of the young blood is becoming its predicament. The company believes that the growth can be leveraged by only providing the clients with the best quality services, low cost force and the paramount industry standards. But the young hands want to talk in only money. Our correspondent Mr. V.R. Pillai talked to the leaders of this organization on this subject.
VRP: Today we are going to meet one of the most influential leaders of our country, Mr. Mohandas Pai, HR-Head, Infosys. We will discuss about the attrition and the retention of young blood in Infosys which is becoming a colossal concern towards its progress.
VRP: After the completion of 25 years in this so called IT industry, how do you foresee the Infosys’ future?
Pai: Our fundamentals are the atomic dogmas for a business growth. And that is the reason, we believe, have reached this acme in a quarter century. Our fundamentals are very rational and very strong. The founders, directors and the stakeholders are the perfect example of the present society. And so, we are fusing the same energy to our budding employees to take the responsibility to move forward with more stability.
VRP: But the history reveals that the Infosys believe in supreme client delight but not in even employee satisfaction. How do you look into this?
Pai: I’m sorry to say that your records are not as per our history. We agree that the attrition rate in Infosys is very high but it is very less compared to the average IT sector. We are providing them the world-class facilities here in a developing country so that they will never be deprived of certain amenities that they have only thought of. We also believe that the apposite growth of a human being depends upon the ethics, culture and the environment he/she works and lives. And I can proudly claim that our company is only some of those few such organizations which provide such facilities.
VRP: So, you mean your corporation doesn’t believe in higher compensations but providing a rational allowance in both physical currency and luxurious facilities. Is it so?
Pai: Our finance department, where I also served as CFO for certain years, looks into the current market demands and the potential needed for the company to leverage its growth. And I believe that the department is doing it work very well and hence, we are always ahead of the market compensation. And so, there is no question in under-valuation of our compensational reviews.
VRP: Ok…let me ask you a straight question. Why did you stop ESOPs in 2002?
Pai: Our Company is growing in an exponential degree and so, the number of employees. It is not possible for the company to provide such services to the employee in such situations.
VRP: But isn’t it a discrimination to the newer employees?
Pai: Let me clarify it in this way. The ESOPs provided earlier was like a gift to the employee whenever he or she completed certain years. And now, since the number of employees is increasingly becoming more and more, it is not possible for the company to do so. We are looking for an alternative to make them happy. Please take a notice that it was not our obligation to grant ESOPs but our endowment to the employees. There is no point of discrimination. This word is inappropriate in this moment.
VRP: OK let me also reframe the question. How will the company satisfy the newer employees?
Pai: Since the attrition rates are on zenith, our boards of directors are thinking of certain solutions for the same and have also agreed on certain keys.
VRP: If it is not against the company policy, can you please elucidate it?
Pai: The board of directors has agreed on re-instating the ESOPs for the senior employees so that they can be retained.
VRP: So how can it be helpful for the newer employees who make up your major chunk?
Pai: They will also be eligible for the same, if they will also complete certain years. So, if they will complete two years in the company, they will be eligible for certain shares and it will go more further as they will be with company for more years.
VRP: So, you mean that the more the years, the more the shares.
Pai: Exactly true.
VRP: OK let me ask another very interesting question. Infosys have already announced gift for its investors and stake holders by giving them dividend and bonus. What are you thinking for the 25th year gift for your employees?
Pai: That’s a secret. We give them surprises and they like surprises.
VRP: So, you are giving them some gift?
Pai: That is for sure. After all, they are the people who made us achieved the $2bn mark and silver jubilee. They are the main conquerors.
VRP: One just question, is it going to be laptop?
Pai: As I said, it’s a secret. And even the employees will also come to know it in the same day. But one thing I can promise you is that it will be a blast for them.
VRP: That will be definitely going to bring smile on many faces, I believe.
VRP: OK Thank you Mr. Pai. It’s very nice talking to you and knowing your strategies to retain the talent. So, we end up here in our discussion with Mr. Mohandas Pai, HR Head Infosys. Thank you very much to all.