Irrepective of the company indian or mnc, the yes-man attitude, most mnc's operating at the offshore too does not make any difference as the managers at the top involved in key decision making are localite and favors employees within the local region where the company is situated. Regional bias in cos. like L&T infotech is the real winner.outstation candidate suffers and is ultimately kicked off irrespective of their performance and contribution.
RE:Favortism towards localites acts as a fuel.
by tiger on Jul 23, 2007 07:39 PM Permalink
Now you got the real reason. This is the tragedy of Indian IT company that every decision they make is based on regional politics. In Deloitte@Hyderabad the Senior manager is openly telling that although your performance is very good ,we can't give you promotion this year because you belong to this region .And finally they decided to promote someone who belongs to his state. tg
RE:Manager's are responsible
by Vijaya Loknath on Jul 23, 2007 08:40 PM Permalink
yeah i fully agree that managers are highly responsible. i have experienced that hr is the worst department in any organisation. there is no policy for hr.
Well. I am not from IT Industry. But, it is the same situation in any industry today. There is huge demand for Mechanical Engineers, Automation Engineers & Power plant personnel. People are changing jobs every year.
RE:IT IS THE SAME IN OTHER INDUSTRIES
by Narad on Jul 23, 2007 07:29 PM Permalink
Nothing wrong in that because these days when it suits the employer they dont hesitate to layover staff. In 2000 AD a number of IIM grads at Bank of America lost job.
When job security is low & employeers play zero sum game; then why not employees make hay when sun shines.
RE:IT IS THE SAME IN OTHER INDUSTRIES
by Para Mesh on Jul 23, 2007 09:01 PM Permalink
Attaboy, well said. The employer is doing no favour to the employee. The salary paid is for a job that the employer requires some one to do. I would like to see an employer (apart from the government) employ some one and pay him/her a salary when there is no job available. Loyalty is an overvalued commodity and a misnomer in this situation.
These companies are very profitable for shareholders point of view but as an employee they are blood suckers.Only mediocre type of people can work for these comps.
RE:Good for Share Holder
by Margarate m on Jul 23, 2007 07:35 PM Permalink
and some duffer, useless, lassy, brainless type of people seating in the same company for more then 10 - 10 years and taking only award (like clock or few cash) after 5 years & 10 year completion. But after some time company only throw (GPL) out the this type of people permanantly.
Not only Indian companies , but MNCs( Accenture,IBM....) also are the same. After al any compnay operating out of INDIA will be same. As the guru mantra is same " buttering"," kam chor" " hi-fi ness show offs( mainly by girls) and " yes yes attitude" IF the top management is clear and agile , everything is in place. If they are corrupt , encourage chamchas, things will always be worse.
On the other hand , all gradudates entering IT , do so for salaries , putting up false experience. US is full of medicore performers , from all 3rd grade colleges in INDIA . IF someone is gradutaing in Mechanical or civil, why run after IT and then blame. From morning till evening IT people only talk fo plots, houses , stocks.
Many peoplewho could not think of getting a decent job, are today enjoying just because of IT.
RE:RE:Attrition
by Kumar Rahul on Jul 23, 2007 07:24 PM Permalink
You are right to the extent that
1) Things are happening on the same line internationally, 2) Employees in IT change only for money, even if they have good profiles in existing firms 3) Companies can do very little to retain them, as paying them higher and higher will make them unprofitable
Companies should discourage talent - poaching, as a remedy.
RE:Attrition
by Chitranjan on Jul 23, 2007 07:18 PM Permalink
i agree with u...the yes-man attitude, most mnc's operating at the offshore too does not make any difference as the managers at the top involved in key decision making are localite and favors employees within the local region where the company is situated. Regional bias is the real winner.outstation candidate suffers and is ultimately kicked off irrespective of their performance and contribution.
RE:RE:Attrition
by a_ figitive on Jul 23, 2007 07:30 PM Permalink
I disagree. what did the Indian industry have to offer before MNCs and IT came into the picture. What is the harm if people aer making money, otherwise they would be all criminals. Lets accept the fact that yes attitude, kaalm chori was much more prevelant during the period prior to 1990. Indian IT is the best. Way to go and let mediocre eople earn thier daily bread.
RE:Attrition
by Indian on Jul 23, 2007 07:35 PM Permalink
My God! You are a mess ARu K! Cool it Pal. So much frustration is not good .. for yourself. What you say may be true. But reality is that the world is not a fair place. It indeed is a DOG EAT DOG world and you'll find pretences of every kind, every where!
You are a intelligent guy from a Hi fi college, but still stuck in off shore infy, while a fake made it big in the US! So what do you do?
Simple. Log ur self out of the rat race. Figure out what your passion in life is and what you want to as a career and try to do it better than most. A career is a long, long race. Someone who seems to be rocketing now will appear to be limping in a few years. So don't ever get frustrated looking at others.
What really matters is are you doing what pleases you! A friend of mine left an IT job and started a company who takes people on bike rides through out india. Think about it!
RE:Attrition
by Anurag Misra on Jul 24, 2007 03:18 AM Permalink
Absolutely right..If you are not happy at all, then take a step back, think for and do something which pleases you...pefect solution!!
IF you hire an IIT or NIT guy or a metro guy who has exceedingly performed in his graduation and provide whatsoever facilities he ll be still grunted with the pay( as in anyways its not possible to pay what an mnc gives )and a less challenging work .. so it d be better if they recruit very talented people from ordinary villages and im sure that they will have the gratitude left and get content with what they have .....
RE:A bitter fact
by Ind on Jul 23, 2007 07:11 PM Permalink
What does it make difference with metro guy and ordinary village guy ?? strange thinking !!!
RE:RE:A bitter fact
by Narad on Jul 23, 2007 07:14 PM Permalink
He believes village guys are holy, surely he does not seem to know English word villain is derived from villager
RE:A bitter fact
by Sathish N on Jul 23, 2007 09:59 PM Permalink
You probably do not know that a guy from the city coined the word "villain". Obviously, you don't expect something other than from him.
RE:A bitter fact
by Narad on Jul 23, 2007 07:12 PM Permalink
MNCs never pay for free lunch, they even out source receptionists job. When pay $2500 to Indian in India remember it is worth $5ooo to do it in USA. But if Indian IT cos pay $1500 for same job you mean they are doing charity for which people be grateful.
Even small townies from Ujjain who is upto mark are not dumb, they leave on first opportunities, the dumbs take it lying down because they cant better
Everybody talks of attrition rate of TCS, Wipro, Satyam, Infosys. Before passing any comments just see the size of the companies. They are huge, giant and head count is massive. What should be considered here is the ratio of the employees leaving with that of the head count. Percentage gives the correct picture. Now companies like L&T Infotech, Patni, Hexaware are the worst when it comes to attrition rate. There the head count is less, large portion of employees are freshers paid very less compared to their counterparts!!! So better focus on the Percentage and not on the figures!!
RE:L&T Infotech Tops the Attrition Rate
by tiger on Jul 23, 2007 07:17 PM Permalink
L&T infotech is not an IT company,they are basically training institute.
RE:L&T Infotech Tops the Attrition Rate
by Chitranjan on Jul 23, 2007 07:32 PM Permalink
ur not paid in training insitute. ru paid in training institute...??? how can you say l&t infotech is training institute?
RE:L&T Infotech Tops the Attrition Rate
by Narad on Jul 23, 2007 06:57 PM Permalink
Kelly you are right, people only seem to see the glamour image of IT, not the pain....
RE:L&T Infotech Tops the Attrition Rate
by MissionHOF on Jul 23, 2007 07:02 PM Permalink
ur right but tier-two companies like patni,lnt,capgemini have their attrition rate controlled to some extent by asking freshers to sign service agreement, H1B bonds,which puts brakes on the attrition rate to an extent.
RE:L&T Infotech Tops the Attrition Rate
by ravi on Jul 23, 2007 07:14 PM Permalink
WHo said you TCS and satyam does not sign bond with freshers ? they do for your kind information . i dont have information regarding other two indin compay-infy,wipro
RE:L&T Infotech Tops the Attrition Rate
by Chitranjan on Jul 23, 2007 07:22 PM Permalink
rite..but the bond period is 1 yr in tcs and satyam. but in companies like Larsen & Toubro Infotech its like 2 yrs for freshers and if you get in trap of H1B bond then add another 22months (24 22) i.e near about 3.5 to 4 yrs of bond period.its shit.
I would suggest these companies to hire those people who are really hard working and trustworthy. The fact is brilliant people always look for a change. Bottom line is the consistency of an individual with a particular firm.
