Pros
Excellent training facility. Training for freshers is very good. Good knowledge sharing facilities. The Knowledge Shop, and various forums within the company are very effective. Very robust processes (though process overhead is a little too much). A good place to learn software processes
Cons
Pay package is very disappointing. Compared to industry standards, pay is quite less. Percentage of variable pay is very high. For example, for band 6 (Project Managers), 60% of their pay is variable. And you never get anywhere close to 100% payout of your variable pay, so the salary you actually get in hand is quite less than the salary on paper. Good company to join as a lateral. Laterals get more than 50-60% more salary than employees with similar experience. Many of the newer HR policies are anti-employee. During the past 1.5 years, a lot of policy changes have happened within Infosys that have caused a great deal of dissatisfaction and anger among employees. Infosys used to be an employee friendly company; it has changed a lot in the past 2 years. Insincere communication (or no communication) from leadership. Communication about various new policies and events are very insincere and some are downright hilarious. Creates mistrust of senior leadership, HR and their intentions, among employees.