Techies may have to work Saturdays too
Bangalore: To offset the appreacition of rupee, many IT companies are discussing on asking the employees to work more hours and may be even on Saturdays, reported The Times of India.
To counter the negative impact of appreciating rupee on the company's top and bottom lines, Wipro is discussing the option of getting onsite employees. According to the sources, there is a move among the BPO and IT companies to get their onsite and offshore employee to work for 50 hours a week, instead of 40 now.
Avinash Vashitha, MD, Thaloons, an offshore and onsite advisory firm said that IT and BPO firms are in negotiation with their clients to attract them into an hour-based billing system, wherein software service providers should realize better daily per capita revenues from their onshore and offshore employees.
The rupee appreciation has been so sharp, it has hit every software exporter. According to Infosys chief mentor NR Narayana, the currency changes were beyond any company's control, and the IT industry must look ways to improve productivity.
Write a comment now!
siliconindia news bureau
Reader’s comments
Comment 1: It happens only in Wipro. This is one of the many crazy things that happen in Wipro. If you ever visit Wipro's Madhapur facility, you will get so many live examples.
They convert corridor's, recreation room gymnasium into work places.
Conferences are held in the dinning hall.
One time Azim Premji was in favor of having dev center without cabin or cubics, just linear table, bench structures to support more employees in existing facilities.
You should be a Wipro employ to know how QPLC (Quaterly performance linked compensation ) policy changes with market trends.
Posted by : Ritesh - July 20, 2007, 1:04:59 am
They convert corridor's, recreation room gymnasium into work places.
Conferences are held in the dinning hall.
One time Azim Premji was in favor of having dev center without cabin or cubics, just linear table, bench structures to support more employees in existing facilities.
You should be a Wipro employ to know how QPLC (Quaterly performance linked compensation ) policy changes with market trends.
Posted by : Ritesh - July 20, 2007, 1:04:59 am
Comment 2: This is rediculous. If employees should work saturdays, it should include everone from senior management onwards, till CEO. This is like going back to the colonial days, where the worker was paid peanuts for his whole day slogging. It is modern colonialism, making people slog but paying reasonably, so what if people have money but no time to enjoy it!
Posted by : San - July 19, 2007, 4:09:16 pm
Posted by : San - July 19, 2007, 4:09:16 pm
Comment 3: Just start lowering the salaries and moving jobs to cheaper cities in India.
That way, the bottomline will be the same.
It is ridiculous that homes are selling at more than $100/sq ft in a third word
country with no infrastructure. Cost of doing business is directly tied to
the greed of real estate carpetbaggers in Bangalore. Employees are already doing
the best they can, don't make them more miserable.
Posted by : Raj - July 19, 2007, 10:04:45 am
That way, the bottomline will be the same.
It is ridiculous that homes are selling at more than $100/sq ft in a third word
country with no infrastructure. Cost of doing business is directly tied to
the greed of real estate carpetbaggers in Bangalore. Employees are already doing
the best they can, don't make them more miserable.
Posted by : Raj - July 19, 2007, 10:04:45 am
Comment 4: Desi companies anyway indirectly force employees to work over time, due unrealistic project management styles/schedules.
what is next if rupees appreciates another 10-15 %, ask them to work on Sunday? How diffrent is it from forces labour pratice.
Posted by : Subhash - July 19, 2007, 9:18:12 am
what is next if rupees appreciates another 10-15 %, ask them to work on Sunday? How diffrent is it from forces labour pratice.
Posted by : Subhash - July 19, 2007, 9:18:12 am
Today’s top news
How Netaji's speech was broadcast in parliament
Krishna Bose, a Trinamool Congress MP and relative of Subhas Chandra Bose, was having a tough time convincing fellow MPs that Netaji's famous speech should be broadcast a...
Dhoni gets Khel Ratna, 11 receive Arjuna Award
Mahendra Singh Dhoni was conferred the nation's highest sporting honour Rajiv Gandhi Khel Ratna while eleven sportspersons received the Arjuna award from President Pratib...
Student brings lack of women's toilets to court's notice
Delhi may be aiming to become a world class city for the 2010 Commonwealth Games, but it lacks basic amenities like public toilets for women, reveals a report by a colleg...
Man who tried to auction Czech president's hip joint pardoned
Czech President Vaclav Klaus has pardoned a man who tried to sell in an online auction a hip joint he claimed was the president's.
Monsoon no time for tourists? Lure honeymooners, say experts
Winter is the time when international tourists flock to India in their thousands, and in summer domestic tourists travel in droves to cooler climes.
Priyadarshan builds sound studio in Singapore
Director Priyadarshan, who is busy completing 'Billo Barber' with Shah Rukh Khan and Irrfan Khan, has built a sound studio in Singapore and hopes that it will help Indian...
Madhya Pradesh announces jobs for sportspersons
The Madhya Pradesh government Friday announced jobs for sportspersons who have won the Vikram Award - a sports award instituted by the state government.
Ramadan affects 'Rock On', 'Mukhbiir' prospects
Despite the hype, 'Rock On', 'Chamku', 'C Kkompany' and 'Mukhbiir' - all releasing Friday - have not fetched much response in terms of advance bookings.
Delhi gets its first art bookstore
The capital added another first to its list of art initiatives by throwing open the first art bookstore-cum-reading room here Friday.
Designers Abu Jani, Sandeep Khosla set to make TV debut
Fashion designer duo Abu Jani and Sandeep Khosla, popular for exquisite chikankari and zardozi work, have been a reclusive pair. But now they are set to make their televi...