While there is a lot of criticism on this move by TCS..one should not forget that this was the company which has never laid off an employee even during the 2002-3 software crisis. The company has not yet gone the route of firing employees. One feels safe with such a company and perhaps wouldn't mind getting a few bucks less and still have a great amt of flexibility of working in myraid technologies/countries etc. Talk also about the good things the company has done folks !!!What you are seeing is more a downstream effect of the US slow down, appreciating Rupee, the sub prime crisis. Live with it...I work for an MNC in the US always in fear that I maybe fired tomorrow..not because, I am not doing well..but because the company may not be doing very well..Consider yourself fortunate if you are working for TCS !!! - NMP
RE:What are the good things TCS has done
by HA on Feb 01, 2008 07:22 PM Permalink
I was in Patni !! Every person, who has worked in Big 5 knows, that they accept the variable pay as a part of pay package. If company does well, they get that pay after the quarter. If company does not fare well ( Qtr on Qtr ), then the variable pay is not given. Simple as that..Did rediff ever report, that since last 10 years, the same IT guys were given 120% to 140% variable pay, bcos, the companies did well.. I mean, suppose a person has accepted 5k per month as variable pay during joining. In 3 months, his variable pay is 15K if company achieves targets !! If company exceeds targets, then he may get 18-20k ( i.e. ~120% of what he was expecting )..Does rediff ever report this ??
RE:What are the good things TCS has done
by Debajyoti Dash on Feb 01, 2008 07:27 PM Permalink
Where are you dude?? Gone are the days .. TCS kicks employee out in a different manner .. And these days people are asked to resign even .. Better not to comment without knowing details !!
RE:What are the good things TCS has done
by ganesh kumar on Feb 02, 2008 01:13 PM Permalink
What Debajyoti says is very true. I have personally known people kicked out just like that and I have worked for TCS HR.
Considering the comments of HA, nowhere in the history of TCS has anyone got 140% increase etc. It is the most poorly paid software organization and it is rare that salaries in TCS really go up.
TATA ethics are just on paper. Just ask Gopi Vedachalam who has filed a case against TCS and ask those who reposed trust in Tata Finance.
RE:What are the good things TCS has done
by ashok kumar on Feb 02, 2008 11:13 PM Permalink
Very True! It has removed many employees. It is just a cheap sweat shop which cannot be trusted. All its talk of ethics and high morals fall flat on its face. The company cannot hoodwink its own employees for long. I personally feel it is a highly hyped and pretentious company. It should stop making noises about ethics etc and come clean on its policies if it is serious of making any headway in this competitive world.
RE:What are the good things TCS has done
by vasantha kumar on Mar 22, 2008 09:15 AM Permalink
TCS doesnt follow ethics..middle managers are real manipulators..I am not surprised of tcs cuts!!!Besides entire IT industry needs pay cut.
