I was recruited in on campus and never attempted any other interviews thinking that TCS is India's no.1. My PL is 7 months more experienced than me and highly unprofessional in behaviour. There are people with more than 3 or 4 years experience in my team. But they are never approached for the role of ML or PL. As these people are not close to the PM. My ML is 2 months more experienced than me and does everything but the project work. Many of the people are sooo illeterate when comes to basic computer knowledge that sometimes I wonder if they ever passed their BE. Is every work place like this?
Whatever it is pls dont join any chinese companies,they will spoil your career,and will spoil the country,no ethics,no professionalism,no growth .................
I feel sad for the author, he is still in Hitler era, today any body wants to stay in a place work, it is only job atisfaction,of course money is required, it is not all in life. All these binding , contracts are one sided, imagine a guy who does not deliver, will management keep quite & pay him salary, esops etc.? then what happens? BVL rao
This is the most pathetic article of Employee retention I have ever read. This are basic 5 things which any person with a few years of corporate experience would say. There is no insight that comes out of this article. Employee retention comes from job satisfaction and job satisfaction does not come from money alone.
As long as the value system in the society is weak and getting weaker, the exploitation game between the employees and employers will only grow. Employees who complain about their work place should remember that they are part of the system and they are also responsible to set the system right. They use that as a lame excuse and go to the next employer who offers them a few bucks more. And the employers become greedy to show excellent financial results in business and in the process sacrifice their employees' interests. By improving the Human Values in our society, we can go a little closer to finding a solution
the tilt shows the way things are in the indian corporate world. i feel indian corporate world is one of the most exploitative. it may not be only TCS ...there are are many that practice this
it is always fashionable to talk about comapny policies, corporate objectives, loyalty, etc. however, there is absolute lack of commitment and transparency on part of many organisations wherein they do not talk about employee related factors
there are many qualitative but one simple quantitative.......
a simple case is COST TO COMPANY - companies now a days show anything in the CTC
Time has come where emploees should start the concept of NET TO EMPLOYEE as even he/she has to worry about their bottomlines
RE:Golden Rules......
by Vinod P on Apr 16, 2007 05:26 PM Permalink
Yes, the concept of CTC itself points towards a one sided view of the company , viewing employees as commodities instead of as valuable assets. This trend has only started in the last 10 yrs or so. CTC is complete BS
RE:Golden Rules......
by AK Bansal on Apr 16, 2007 08:18 PM Permalink
i tend to agree with Vinod, that CTC concept may be good only for internal controls of company, however, what matters to employees is the NET which he gets after deductions including the Income Tax.
I think most of the Software giants follow the bell curve system(Which GE promoted and became succcessful). Jack Welch said it took 10 years for them to stream line the system and make benefit out of it. I do not think soft ware professionals/managers spend 5 years continously in a company. More over most companies do not keep employees competetive. In schools/colleges people do not complain if one gets 90% and the other gets 70% becasue they knew this % diff is because of their performance. But the same does not happen in the current scenario. People have been set KRA's and reviewed finally b4 apprisals and since they are forced to follow the bell curve peple get lots here. It is very dishartening to see people considering to quit based on every apprisal results. They should be knowing what they get based on their performance. There is some thing fundamentally wrong here. But to make this more effective companies should have good middle management which many companies lack.
Hi, I believe the main thing (other than of course a "reasonable" pay packet) - is the employees pride at what he/she is doing. If every employee truly believes that he is creating something really valuable and more importantly feels a great sense of ownership - he is very likely to continue in his position. For example, in the software industry - any software engineer or sales executive is very likely to be happy actually working on a software product - rather than say - on providing a service. Providing a product has a very tangible & more importantly a long standing effect. This is bound to create a sense of pride for the employee - especially if his suggestions to improve the product are listened to & more importantly if they were to be implemented! That gives a real kick to the employee. The main issue that most IT companies are facing is because they dont have any major differentiators. Because of this %u2013 they face a problem at both ends %u2013 attracting new customers and retaining performing employees. I believe having very strong differentiators is the key to both attracting new customers as well as retaining employees. To take an example %u2013 some leading IT companies talk about %u201Ccorporate governance%u201D . Often the employees at the lowest rungs do not understand how this benefits them. They are more interested in how the company helps them grow professionally and how they can help the company grow. Unless someone explains to them clearly WHY they are doing WHAT they are doing %u2013 they are very likely to leave at the earliest opportunity. To sum up, a company can fight attrition by first having very clear differentiators, communicating clearly to each employee these differentiators, evoking pride in its employees (from these differentiators), aggressively listening to employees%u2019 suggestions and concerns.
RE:few suggestions
by AK Bansal on Apr 16, 2007 08:21 PM Permalink
It is important what the employee is doing. Job satisfaction goes a long way alongwith good pay package for anybody to stay longer with any organisation.
