Nilachakra

sub : The Lay off Cycle

Date : Tuesday, 26 February 2008

Jaya Jagannath,

During childhood we all have learnt the rain cycle some where in our school books. How water evaporates from drains, pools, rivers and seas, condenses to form cloud, cloud rains and we get fresh chilling pure water again. Well today let's learn the lay off cycle.

Heat out of several factors makes few employees evaporate from IT world ( a process similar to water evaporation ), they spend some time brushing up their skills and regaining their technical vigor and energy( a process similar to condensation ), comes back again fresh and with a lesson learnt to IT world like rain.

Well the only difference here is "Lay off" is a alarming issue among Indian IT professionals. Let's see why it happens and how to prevent it from happening again.

Why Lay off happens :

1. Be cause we ask much more than we deserve.
People having more than 3 years experience always demand package more than double of their experience. If we ask our selves "Will we pay the same as we get to some one we employee for doing the work that we do", Honestly the answer will be "NO". Thus people with 3 till 8 years of experience are considered costlier to their worth. Becomes first target during cost cutting.

2. Effective productive hour.
Most alarming issue for Indian IT professionals. A survey says Effective productive hour of Indian IT professionals is just 3 hours out of 8 hours, compared to Japan 7/8, China 6/8, US 4/8, Malaysia 5/8. Now of course the pointer swings to eastern hemisphere towards Malaysia, Singapore and Hong Kong. In their local job advertisements it's being clearly mentioned that any one is eligible to apply except Indians.

3. Due to fall of Dollar value.
Of course due to Indian economy rise, Rupees rises against dollars and Americans are getting more unemployed then their Indian counter parts. They have started feeling as Indians are snatching their bread.

4. To replace middle tier employees with fresher.
Now a days In most of the software companies you will find mostly 0 to 3 years experienced people only work the most and gets paid least. They are the hard workers. Then the ones from 3 till 8 years experienced, who although strategically handle the team, but work smartly and produce quality deliverables but comparatively spend less time in front of PC. Management thinks otherwise and feels that if the same work can be done by a fresher then why to keep an experienced one paying more than 5 times. Thus they replace middle tier employees with fresher either ignoring or unknowing the future risks.

5. Eastern hemisphere is better than us.
US and European clients have started switching to eastern countries like Malaysia, Singapore Hong Kong, Mayanmar, Bangladesh. Reason may be to prevent India grow and till their shoulder or to help their economy bloom.

6. Cost cutting on maintenance projects.
Management in many companies do this just to trim the team and show lesser investment and high productivity.

How to prevent lay offs :


1. Diversifying our skill set. Keep your skill set tuned every day. Add a new skill set per month.
2. Honest and disciplined to work, Let the company feel your importance not either.
3. Always be innovative and do more than you are supposed to. Always add value to productivity.
4. Always maintain a hot collection of email ids of all consultants and HRs those are on recruitment spree. You never know when you need them.
5. Let's regularly scan the market feasibility and scope of our profile. This will trigger you guide your self improve our skills regularly
6. In IT eco system, let's help all every time regularly and get helped in return as and when needed
7. Let's all provide faultless and all correct information while joining a company and leave no clue with employers to find a reason to lay any one off.

Hope this some how en-lights our awareness against possible career threats in IT profession. Believe me a true faith in GOD will protect us from all such calamities. Honestly we pray just once to Lord Sri Jagannath, He will be always be behind us, blessing us with much more than we would have asked for. Jaya Jagannath.

Regards
Nilachakra