I can tell you the impact of salary cut of the employees of TCS on TCS. These are as follows.
1) Big attrition means big crises skilled employees. 2)Due to attrition there quality will go down due that there profit will also go down. 3) Company most part of revenue will go in training of newly hire employees.
BEST SOLUTION FOR TCS(If they are incurring loss and before sending communication of employees). 1)They should hire fresher from some IT college and trained them properly for replacement of old employees. 2)They shouldn't reduce the variable pay, they should not give hike to the employees as they are giving at the moment.
RE:IMPACT OF SALARY CUT
by gaurav arora on Jan 31, 2008 05:55 PM Permalink
you should place yourself after few years in the same situation when u have a family to feed and some fresher guys comes in proposes this to you to take your job and see the irony you are the only one to train him:)
