Acute need in Govt. sector, where employees take the public at ride, as they are guaranteed upto 60 years of age. Every Govt. employee must be thoroughly screened after each f5 years and should be retired on army pattern where even a Lt. Col. retires at 50.
there was no reason to fire employees etc. the firing was due to mindless HR hiring without logic. hundred to lakh in a few years - as if we were breeding cattle.
As seen in the markets there was a slight correction.
As usual media used this as news stock for the last one year and the recovery is news stock for the next one year
Companies are running bussiness and not charity..they are least bothered about employees..Employees to corporate world just mean money vending machine.Like many western countries which slaughter old cows companies also slaughter employees when they feel they can no longer milk these cows...Mindless hiring by IT companies has created todays situation..Companies like Infosys ,Wipro hire people who are remotely related to IT world and they start comparing these employees with those employees who are from computer science background..many times employees are penalised for no fault of their own..In companies like Infosys people are kept on bench for as long as 2 years..Result is firing of employees for no fault of their...
Re: Mindless hiring
by jaisekomilataisa on Oct 11, 2009 03:45 PM
One more thing.. ofcourse they keep on bench however they pay them while they r on bench... You wouldn't mention that... Hypocrites!!!
Re: Mindless hiring
by jaisekomilataisa on Oct 11, 2009 03:42 PM
And Mindful firing. hahahaha! Why don't you become CEO and start on your own... you will be able to hire and fire anybody the way u want.. It is mindless hiring of these companies which produced Nilekkani? Murhty? Kochhar? Parekh?? ofcourse it also produced E-Raju Chal hat ja baju :-)
Although they r saying that recession is over, its impact is not visible to all. Our company (US based MNC) has reduced our salaries from this month...
Re: Hiring - Firing in India
by chintuji on Oct 06, 2009 11:58 AM
if u chk the truth, u will found that, its not the parent company that reduced ur salary. They might be paying same $./per head. But its the Indian management of company that has reduced your salary. This way they are still earning same $./per head, but paying u less and making more profit there of. These are actually spoilt ideas of Indian CEOs, to prove their parent company that how efficient and careful they are.
Check the truth and let me know at chintuji456 at rediffmail dot com.
Re: Re: Hiring - Firing in India
by Ravindranath Murthy on Oct 06, 2009 11:42 PM
Many have got fired and removed out of job. what will happen to experience people who already worked in the companies and got fired out of the job? I feel that there are many experienced people still jobless and various companies are not hiring, because of lack of experience and high salary packages, when the companies are hiring for freshes only, then how will the experience candidates will survive?
Ugam is absolutely right. The job market is in the consolidation phase. I feel the job market is stabled. There are no reports of retrenchments. But the market has turned to ve. It is picking up very slow. It needs some more time. Let's hope for the best.
I dont believe this, there is a rumor on the rounds about a double dip recession in US economy. I dont know what will happen if something like that takes place.
Re: Double-dip
by shri Krishna on Oct 06, 2009 11:15 AM
US will go to hell as he put other countries on hell by droping bombs on innocent. God is great. We are taking about India & other developing positive thinking nations. if you are positive then you will win