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http://timesofindia.indiatimes.com/articleshow/1614711.cms
HYDERABAD: Hire and fire. They are the two sides of the same coin for employees in IT and ITeS companies in boomtown Hyderabad. Even as recruitments are in full swing, hundreds of junior and middle-level employees have lost their jobs in the past few months. While some have got the boot for “non-performance”, the majority have been fired due to “fake experience certificates”. Industry sources estimate that about 600 to 750 workers have lost their jobs in the past one month.
While big recruiters such as Satyam and HSBC are not shy about their firing policy, other top companies ducked the issue when querried by TOI. “We have done background checks on over 20,000 employees. This has been done to identify employees who might have presented fake credentials,” says Mukund Menon, head of Satyam’s global talent acquisition team. While sources say the company has fired 1,000 professionals, Menon pegs it “between 400 to 500″.
Adds HSBC spokesperson Avani Ekbote Mahendra: “Our HR practices include mandatory background checks on candidates before they are employed. We also have initiatives for further validation checks.” Though she did not specify the number, it’s considered to be around 300. Analysts say many sacked employees can do nothing because the practice of faking experience is widespread. But there are others who accuse firms of using “non-performance” as a pretext to fire workers. “I have got several pay hikes for my performance.
However, when it came to showing me the door, my bosses are calling me a non-performer,” says Lakshman (name changed). He now intends to show the appreciation letters to his bosses and request them to fire him on any reason other than by labelling him a “non-performer”. While ITeS companies are using performance benchmarks for firing people, IT majors are digging the employees’ past. “I was working in a small company before working for two IT majors. I joined my present employers three years ago. The HR department is now questioning the genuineness of the service certificate given by my first employer,” says Venkatesh (name changed).
Some analysts say the firing policy is actually designed to get rid of highly-paid middle-level employees and increase the number at the entry level. The firms too are taking advantage of employees’ disinclination to make the issue public. “Once the employee’s name is known to the industry, it would become difficult for them to land jobs. So, they are left with no option but to bear it quietly,” says a source in a head-hunting firm. When talent was scarce, companies were liberal, but now no that’s not the case.
http://timesofindia.indiatimes.com/articleshow/1614711.cms
HYDERABAD: Hire and fire. They are the two sides of the same coin for employees in IT and ITeS companies in boomtown Hyderabad. Even as recruitments are in full swing, hundreds of junior and middle-level employees have lost their jobs in the past few months. While some have got the boot for “non-performance”, the majority have been fired due to “fake experience certificates”. Industry sources estimate that about 600 to 750 workers have lost their jobs in the past one month.
While big recruiters such as Satyam and HSBC are not shy about their firing policy, other top companies ducked the issue when querried by TOI. “We have done background checks on over 20,000 employees. This has been done to identify employees who might have presented fake credentials,” says Mukund Menon, head of Satyam’s global talent acquisition team. While sources say the company has fired 1,000 professionals, Menon pegs it “between 400 to 500″.
Adds HSBC spokesperson Avani Ekbote Mahendra: “Our HR practices include mandatory background checks on candidates before they are employed. We also have initiatives for further validation checks.” Though she did not specify the number, it’s considered to be around 300. Analysts say many sacked employees can do nothing because the practice of faking experience is widespread. But there are others who accuse firms of using “non-performance” as a pretext to fire workers. “I have got several pay hikes for my performance.
However, when it came to showing me the door, my bosses are calling me a non-performer,” says Lakshman (name changed). He now intends to show the appreciation letters to his bosses and request them to fire him on any reason other than by labelling him a “non-performer”. While ITeS companies are using performance benchmarks for firing people, IT majors are digging the employees’ past. “I was working in a small company before working for two IT majors. I joined my present employers three years ago. The HR department is now questioning the genuineness of the service certificate given by my first employer,” says Venkatesh (name changed).
Some analysts say the firing policy is actually designed to get rid of highly-paid middle-level employees and increase the number at the entry level. The firms too are taking advantage of employees’ disinclination to make the issue public. “Once the employee’s name is known to the industry, it would become difficult for them to land jobs. So, they are left with no option but to bear it quietly,” says a source in a head-hunting firm. When talent was scarce, companies were liberal, but now no that’s not the case.
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Shiva 25-11-2008
I would like to say regarding this firing policy.. The companies are thinking about money but they are not thinking about an employee.. because everyone must know that if a fired person will come from a poor family or middle class family. what will happens to their lives .. its not fare enought may be the company partners and higher officials are happy but atleast they have to think as a human being .. they are playing with employees life that the ball is in their court. its really a fooolish thing for our tradition and culture of INDIA.
Shiva 25-11-2008
Another thing the people those who will view this site.. i don`t know that you are from IT or NON-IT . try to help the people those who are looking for jobs or loost their jobs.. by forwarding resumes.. to your companies or friends or relatives. try to help them to pass the information of the recruitments. Honestly may be we will face 1 day like the people those who had lost their jobs at that time definatley we will look for a helping hand..
Regards
Shiva
Sr.Software Engineer
Regards
Shiva
Sr.Software Engineer
Yogesh 28-11-2008
Well here we may advice people who are joining satyam to think twice before joining - may be they may become future scapegoats?
And the major issue is satyam(maytas) will be paying govt of AP Rs 30,000 crores for winning a project(how genuiue are they in winning this project?) - cant they afford an employee salary when they are able to pay so huge amount?
And the major issue is satyam(maytas) will be paying govt of AP Rs 30,000 crores for winning a project(how genuiue are they in winning this project?) - cant they afford an employee salary when they are able to pay so huge amount?
Shridhar 03-12-2008
Help the hand who lost jobs..... Because whos knows you mite not be that person in future.... Have a human being nature................
Suganthi 26-02-2009
Suganthi,
I do support all those who already commented on this. Its really very tough to stay without job in this circumstances. Pls raise your hands to help those who had lost their jobs
I do support all those who already commented on this. Its really very tough to stay without job in this circumstances. Pls raise your hands to help those who had lost their jobs
Santosh 24-03-2009
What I suggest for companies is instead of fire employee check they backgrounds and talent base on that fix some Basic salary .
What most of companies done wrong is they don’t check wither this person has really experience or not just based on their interview based on the candidate fluency in English and group discussions some subject knowledge they give high volume salaries but they don’t thing about the people who have really efficient work they don’t taken them lacking of communication skills.
In the salary part also same thing the people who bring fake certificate based on that they are ready to pay more and more at that time no one cross check but now a days they thinking its totally wrong in Policys.
First create policy then apply the policy as a rule so that thing things are not happy so that no blames about top companies , no one come with fake experience no cheating every person felt happy so that normal person who don’t have communication skills but he has good in work they also got placement and they develop in corporate and the persons who don’t work just time pass in office after seeing the skill people they change their attitude so that every thing comes in stream line
My communication is not good but I am ready to prove any work I can do
With regards
Santosh
What most of companies done wrong is they don’t check wither this person has really experience or not just based on their interview based on the candidate fluency in English and group discussions some subject knowledge they give high volume salaries but they don’t thing about the people who have really efficient work they don’t taken them lacking of communication skills.
In the salary part also same thing the people who bring fake certificate based on that they are ready to pay more and more at that time no one cross check but now a days they thinking its totally wrong in Policys.
First create policy then apply the policy as a rule so that thing things are not happy so that no blames about top companies , no one come with fake experience no cheating every person felt happy so that normal person who don’t have communication skills but he has good in work they also got placement and they develop in corporate and the persons who don’t work just time pass in office after seeing the skill people they change their attitude so that every thing comes in stream line
My communication is not good but I am ready to prove any work I can do
With regards
Santosh
Santosh 24-03-2009
I am requesting you all JOSO Family members & Friends we try to help people who are looking for job , at same time we think some thing and lets all come as team from this network we start 2-3 vertical organization try to give some work to people who don’t have jobs.
I have one question , Presently fresher who don’t have job are they ready to work as Trainee for 1-2 months , so that the companies get benfit the people get benfit
I am waiting fro your reply dear friends santoshnvs@yahoo.com
With regards
Santosh
I have one question , Presently fresher who don’t have job are they ready to work as Trainee for 1-2 months , so that the companies get benfit the people get benfit
I am waiting fro your reply dear friends santoshnvs@yahoo.com
With regards
Santosh
Santosh 24-03-2009
I am ready to join in satyam lets come and join in satyam make satyam get back they own brand
what u say
santosh
what u say
santosh
Dwarakareddy08 31-03-2009
hi now- way days people are watching what happening arround.
but coming to passed 5 years when the market is good evry one used to
grab the opportunity and utilized at each aspect
when the thing is going on fine every one used to went with them
no one think what is going to be next and whats the our security of job in feature
every one think companies r going pay more salary then it is enough for us then it is ok
but when it seems to reverse every one used to blame the company
so we have to think how commercial we are in our attitude previously
and the same way we have to also realize how cmny is commercial
no values and no hesitations
stand while and think where we are and carry on further
i wish u everyone all the best
but coming to passed 5 years when the market is good evry one used to
grab the opportunity and utilized at each aspect
when the thing is going on fine every one used to went with them
no one think what is going to be next and whats the our security of job in feature
every one think companies r going pay more salary then it is enough for us then it is ok
but when it seems to reverse every one used to blame the company
so we have to think how commercial we are in our attitude previously
and the same way we have to also realize how cmny is commercial
no values and no hesitations
stand while and think where we are and carry on further
i wish u everyone all the best
Ramesh 01-04-2009
fine, its just doing what other IT majors are doing, becoz of its recent scam its being targeted and focussed on.just wait Wipro and many more will follow.many scams are on envil.Lets them also be written and spoken about
