With IT and airline industry booming in India and people seem to be really misusing the freedom
Every day for the last four months I have been hiring. I come to office each day, hassle my recruitment team, agencies and consultancies for resumes, perform interviews, negotiate salaries and make offers. It’s amazing to see how people negotiate for salaries and perks, no one asks anything anymore about what the job entails, what they can contribute, or how they can grow and realize their dreams here. It’s about pay, and people are eagerly willing to display unbridled stupidity in managing their careers by focusing incessantly on money.
Heck, the time it takes to finalize an offer nowadays, I could send out an offer letter, go have several children, watch them grow, put them through school and then head back to office, the candidate is likely to have finished negotiating his pay and ready to join.
We need to wake up and smell the stink of the decay we are creating all around us in the IT job market.Year-on-year end people here expect nothing less than 30 to 45% salary increases, where as the average salary hike in the US per year is 3% and Eastern Europe is 4%. I could go on and on about the quality of the flotsam and jetsam that washes on to my desk in response to job ads, but we all know it. Sometimes it takes as many as 40+ interviews to close one position.[A very interesting note!]
That was the IT industry. Air Sahara is now offering a 40% salary hike to its employees to retain them. Lo oks like it is a great time to be an “employee” and a bad time to be running a company. For those of you in the software field, I have a question. How do you deliver a project on time?