Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Start paying in Dollars
by Elahad Linus on Feb 01, 2008 12:27 PM   Permalink | Hide replies

Start paying in dollars to cut the impact of rising rupee. Salaries can rise then.

Attach the Project bonuses to profitability of project. This would also reduce the impact.



    Forward  |  Report abuse
  RE:Start paying in Dollars
by Rajeev on Feb 02, 2008 12:53 AM   Permalink
Even if you pay in dollars, your local grocery walla or auto guy doesn't take dollars so you will have to convert to rupees. So along with all the current worries, employees will have to worry about the exchange rate too.

   Forward   |   Report abuse
  RE:Start paying in Dollars
by programmer on Feb 01, 2008 08:08 PM   Permalink
It is illegal to pay salary in dollars in india.

   Forward   |   Report abuse
The above message is part of the Discussion Board:
TCS salary cut: Tell us!