Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
RE:IT and BPOs should adopt these.
by Shantanu Bapat on Jul 31, 2007 07:45 AM

I am not sure what is wrong in what I said. Companies are run for profit and not for charity. A bell curve model makes people 1)productive 2)competative and it rewards performers over slackers. This is just fair. A person working 14 hrs a day, out of love of job and delivering best product needs to be rewarded over others. The bottom 10% in any organization are drag and should be replaced with young fresh blood hounds coming out of college. Think about this, a amitious, fiercely competative person will see him/herself getting promoted evry 2-3 years with salary doubling every 2-3 years as well. A bell curve will assure 10% at bottom are fired at all levels and 10% at top are promoted. Top30% at any level get all bonus and raises. This is how productivity is increased without asking people to work more explicitly.
BTW, I live in US and settled here long time back. I work in Finance field and represent group of investors. This happens to be the question I will raise with management next time I am in India, in investor relation forum with management. From, what I understood management liked the idea and had been thinking about it for sometime. For investors it makes more sense to reward the best and get rid of bottom 10%. The stock price is what determines value and bell curve gives exactly that.

    Forward  |  Report abuse
The above message is part of the Discussion Board:
4 key qualities of professionals