Why not CEO is leading by Example , Not taking any hike this year .TCS has not hiked salary this year for all employee saying its recession time . A person getting 4.1 Cr/ year need hike and an employee getting avg. 5.5 L/A don't deserve for it . What a shame ?
In India, IT is considered as special economy. Because of this reason labour laws are not applicable. Government should implement labour laws in IT. We need IT unions in each and every company.
Re: Stop considering IT as Special economy.
by Anuj Goyal on Jun 08, 2009 09:21 PM
who said they aren't its just that techies are FB after getting that much of money, no one wants to stand up and take a step, check unites
Re: Stop considering IT as Special economy.
by Prakash Srivatsan on Jun 08, 2009 10:20 PM
Labour laws, yes, but..unions? no..Any bit of communism will only consume the employees and not a bit of help to the progress.
in this recession those people kick out the juniors cousing worst perfomence? can any one of them ask me whats their perfomance? how may houres they are working in worst conditions?
Re: shame
by Prakash Srivatsan on Jun 08, 2009 10:29 PM
You know what? All those who just complain that the lower rung employees are being chucked out of the Org at difficult times are just useless morons. They can't do any good to the company lest unto themselves.
You need not be a strong technician to escape the boots, if you have the follwing you can survive any booting: 1. Negotiation skills 2. Positive projection of self 3. Effective communication 4. Awareness to local labour laws and terms 5. Know whom to approach/attack under what circumstances
all these will come only through sincere interest to learn communication skills during school and college. During these days you skip these prety important aspects and worry only about broken programming syntaxes.
Those with all the above will keep climbing the lader and draw huge pay cheques, and those who are happy with Java.out.println() will only get stuck with mediocre pay and often face the boots. Know your english! mate. Other wise, the sweet talking Sales and Mktng guys will eat you up and dispose you off the drains as shi*.
When market was good, many selfish people flocked these firms like rats caring nothing about long term policies and plans. Now these big firms are busy trying to save themselves by hiring smarter management pros at the cost of rats. It is not as if everyone has been laid off and if the business will survive, they will hire again. It is a choice one makes and gets returned. So what is wrong in it? We live in a free market and that is how market goes. Wake up people, the party is over and reality is written in the above article.
Re: its all fair
by rajiv mehta on Jun 08, 2009 09:10 PM
During good time company hires more than required employees. Additional employees form bench. When an employee quits bench employees occupy their position. But employees cannot work in more than 1 company at a time. If you have ever seen your offer letter you will always find this clause. Also practically it is not possible for an employee to work in more than 1 company at a time. Ideally employees should work 8 hours a day and 5 days a week. But we all know how IT employees are willy nilly made to work. They don't get enough time to concentrate on alternate source of earning lively hood. Since a company doesn't allow an employee to do any other work other than what company gives them. Companies cannot be allowed to sack employees. Employees are far more at risk than employer. I believe this discussion is enough for you to understand.
All the software companies are preparing banking programs with blunders. The main reason is people without commerce and banking background is more found in the software. Infosys loan interest calculation and EMI calculations are such faulty. The Banks are recovering excess interest from the public and showing false profit. I have two Banks which are still collecting excess interest from the borrowers in housing loans and Mortgage loans. I have a housing loan from Indian overseas Bank of Surat Main branch and I had closed a mortgage loan in Bank of Baroda Vania Sheri Br Surat in Gujarat. I have sent many complaints to the Bank. They do not care but collect more interest from the borrowers. In the case of Bank of Baroda I had even sent complaints to RBI also. They just take the dummy reply from the Bank and close the file. Good software developers
Re: TCS pay hike
by PRASHANS TRIVEDI on Jun 08, 2009 08:55 PM
same problem here mr. naidu, as per my view bank of baroda is one of big cheater , why we should not make a platform aginst this and fight aginst them.
Re: TCS pay hike
by rakesh on Jun 08, 2009 09:07 PM
Please check your statement again . Do you think banks do not know how to calculate interest.Programmes are not just loaded , they are tested first. Think yourself.