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Mindtree CMD Ashok Soota spoke to BT's Rahul Sachitanand. MNCs and large Indian companies are aggressively hiring in India. How will you ring fence MindTree from their assault? Around 60 per cent of MindTree's employees are lateral hires, many of them on the basis of peer referrals; so techies can work with their friends here. But despite this, we have to admit that MNCs are a threat to Indian companies. Not all our employees have the same career goals; some may aspire to more management-oriented roles, while others may wish to remain techies. We try and accommodate all of them. And I'm happy to say that we haven't really lost any significant numbers of people to the competition. How have you managed to keep attrition rates so low? We have created a place where it's a joy to work. The other thing that appeals to our employees is that we are among the fastest growing companies, and expect to cross $100 million (Rs 450 crore) in revenues in six years (of existence). That's something few of our contemporaries have managed. I also try to give a personal touch by making it a point to personally address new inductees myself. We have also reinvented a dated concept like the company crèche, where working mothers can keep an eye on their kids while at work. These, and initiatives like a company carnival, help us retain our employees. You've entered the acquisitions game (MindTree recently acquired two small IT services companies Linc Software and ASAP Solutions). How difficult is it to integrate people from different work cultures? As MindTree continues on its fast-growth path, it will encounter the same people issues that large organisations face. The challenge lies in finding synergies and challenging roles for senior employees of the acquired company.
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