Modi's achche din is layoffs & sacking of poor employees and that way corporate making crores of rupees benefit. This is Modi's laid down policy and Achche Din Aa gayee.
World is running at a faster pace and I believe Layoffs are going to be very common in india. Only question is does indians have right set of mentality to overcome these layoffs. I believe the following will help
1) Don;t go for company loyalty all the time. You think from yourself on what is best for you. if the company says you are the best person happened to them, listen and don;t trust them. You are CEO of your career
2) Make money and also save Money. Never ever compare yourself with others or other families. I saw lot of my friends got tangled up and now are feeling very bad as they don;t have savings
3) Invest for your future
4) Always be close to your famly (parents, brothers, sisters, in laws and relatives). This is very very important especially when you need emotional support
5) Look for a field where you enjoy the most and don;t look for fields where you get more money initially
6) Never ever think that you are safe in the industry. Because the competition is too much..
7) Don;t change yourself just because you are making good money. Friends and parents are permanent.
8) Enjoy your life within limits as life is very precious.
Employers need to fire employees by giving compensation. In western world,There are certain rules that how an employee should be compensated but where in india, it is not. The same multinational IT companies take this an advantage and follow different rules in india compared to other countries where it has operations.So our labour ministry should formulate rules.
Inspite of labour laws the management just sacks people without any notice. At least 3 months pay should be given so that he can look for another job. In stock broking it is quite common. Indiabulls, religare, cd equity, motilal oswal, etc are laying off staff on regular basis. No doubt people are not interested in working for indian employers. They just want to go abroad. Even in gulf labour laws are followed.
Re: Re: Layoffs are just common
by Pat Thakur on Jan 11, 2015 07:09 PM
The thing you said about Indians eying for foreign jobs is true to the hilt. These Baniyas will never improve. They want everything but want to give nothing in return i.e. want FOC.
