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Jaya
Jagannath,
A notorious financial crisis smashed brittle dollar
dreaming world economy dragging it down to the cross roads of
recession. The blow and jerk was felt along the wings and widths of
financial, manufacturing, service providing, IT and all most all of
their parasite companies. Then started a chain of impacts and
reactions contaminating every other industries and life style of
even a common man at the end. Impact triggered salary cuts, lay
offs, price hikes in commodities, goods, shrinking sales and thus
corrosion to turnovers of industries. World economy got paralyzed
with blurring clarity and fading currency.
Now tell me honestly, Is there any back up plan for survival incase
IT sector parts? So why not cultivate a corrective and preventive
measure right away rather than waiting till falling flat on face. We
must reengineer our IT ecosystem to ensure both the clusters (
employers and employees ) survive the stroke of economy crash down
the line. We should take this as a lesson now rather than swallowing
the same as a bitter lesson later.
Problems ahead to IT industries
:
1. With any new president being elected at US ( major IT job
exporter to IT and India being the largest at the receiving end )
has to tamper their existing IT policy to favor US unemployment and
this will influence/impact Indian IT sector for sure.
2. Unemployment crisis growing across world is slowing but steadily
attracting youth towards IT. Of course resources with lesser demands
but far better effective productivity than India are emerging in
economically weaker countries.
3. Countries like China, Australia, Korea, South Africa, Argentina
and Malaysia may plunge into IT with resource magnitude equal to or
greater than that of India. This may add a blow to flush out IT from
India.
4. An early approaching saturation to existing verticals of domains
and not much progress in scoping new area of IT business may lead to
a quick dead end in IT hemisphere.
5. Stray incidents in IT ( Confidentiality breach, Software Piracy,
unsecured information warehouse, source code leakage, Illegal
information sharing and even unsecured employees ) may lead to
append lines of reasons to justify clients facing aside.
Suggestions :
1. Employees must take ownership of the work, economically worthy to
the employer, be honest to work, responsive, improve on effective
productivity, be highly skilled and demonstrative, process driven
but less demanding. Days are over when we were thinking IT companies
are money plants and can be demanded as much as we want. Remember
the more a company invest in a project the higher will be it s
quotation to the client and the client will look for a cheaper
company or may be resources from another country altogether. This
defines lack of project and thus Recession. All I wish to say is let
s be more than worth productive to our salary.
2. A set of intellectuals, bureaucrats and diversified experienced
professionals should constitute a team of job evaluators. There
objective should be to benchmark salary strings mapping to worth of
effort. If a labour at a coal mine have to work for 12 hours and get
just Rs. 100, how is it justified for an IT employee to demand Rs.
2000 a day with effective productive hour less than 5 hours per day
( sitting in AC with all comforts and facilities available around,
mostly coping the source code from code library or net and pasting
to the page under design ). Every time appraisal happens in IT
industries, All demand a minimum 10% hike or they change job with
expected CTC more than 20% of the current CTC. Is it really
justified. If just for the sake of work and need of time, an
employer offers you with CTC of candidate s demand, then of course
they have all rights to even instantly throw off the resource once
their job is done.
3. We demand less to the employers will trigger the employers
quoting less to client and hence will let project in hands always.
Imagine you have a company. Will you pay the same to someone who
does the same work at your company as you currently do for your
employer? Our future of IT is hidden in the answer. We must have to
surrender to the fact that for the current economy slow down we all
are equally culprit. We have helped the finance market dragging it
till it s break even point. And the results are in front. Our
Unemployment is piling, people in IT are over demanding, people from
non IT back ground are sneaking into IT thru loop holes, faking
things is no more a new term in IT dictionary, While work is
pending, companies recruit like fish market, but while no work at
hand companies are kicking off. Fault lies with all. The moment we
realize this and stop running behind perks, just request a descent
pay and work worth to many times return of the same, things will
re-stabilize. Hope we all understand this. Jaya Jagannath.
Regards
Nilachakra
http://nilachakra.50webs.com |
