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Human Resources » Attrition and Retention
   Layoff
 



Message From: professormamta Total Posts: 21 Rank: Beginner
Post Date: 27/06/2007 23:50:35 Points: 105 commu-icon

Hello Friends,

As a HR Pro, I am very much concerned about Layoff that is widely prevalent in s/w companies and to what extent HR is responsible for this.

The management and HR is mainly responsible for Layoff. Short sighted vision and politics in management and poor manpower planning by HR are main reasons for Layoff.

To a larger extent the management is responsible since layoff is due to poor performance of people at top and lack of vision and foresight in ensuring the growth of the organization.

The management instead of firing people under them, they should take the responsibility. Can these people can come forward and take a cut in their salary and give away other benefits like car, free loan etc. An effective Layoff strategy should start from the top and not from the bottom as it happens in many Indian s/w companies.

Most of the Indian s/w companies has no social responsibility. They use people just like a use and through product.

The compensation should be structured in a way, that managers and above are paid according to their performance and abilities.

During boom period many s/w companies (except few cos., like Infosys) has not talked about performance pay ( I mean sharing of profit ) i.e. if we achieve "x" revenues you will get a percentage. Why the same companies talk about performance pay now in a recession period.

Boom or doom period, the values and ethics of a company should not change according to their convenience.

Can our HR / management people can grow and mature ? Instead of concerning with our own self can we think and act in the interest of others, the larger self.

Regards

Professor Mamata

 

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