Indian comapnies need to understand that if they continue to exploit the employees, dissent and attrition will grow. This indirectly leads to costs and if the business is lost, the employee may still live without the pittance you pay him but how will YOU manage the 20 lakh pa lifestyle???
Another thing is - STOP FUDGING. If a project should 100 hrs, bid with that. Don't bid with 60 hrs. You may get the project - then you may ask employees to do overtime (without actually filling the timesheet). So, while the work gets done in 120 hrs, you still show that you have done it in 60. Yout get awards and maybe more projects and this culture continues for a while. But discontent is simmering. Obviously, people who are sacrificing their lives for YOUR accolades need something in return. They will definitely get angry when you say - hey, you worked for only 60 hrs, so we cannot give you a good increment. They will leave. I know, with India's population, you can get 2 people for that cost. But the culture continues and those 2 people will also get angry some day. But what about expertise? Ok, the new 2 guys will also build the expertise by working unacknowledged overtime. This cycle will also continue until you realise that YOU can also be replaced by 2 younger, hungrier people.
