Hey all there,
It is going to be almost a year i have written something here. If i am going to say i dont find time to write things then i am sure that i am making fool of myself. It just shows that i was not able to manage my time because i have started assuming new responsibilities professionally and personally. I think this is enough about me for the moment and i straight away jump to the topic.
When i arrived India from brussels - i heard this word from most of my relatives and friends - "You have settled what else?". After hearing this i said to myself "Come on. What on earth i have done makes them to say like this?". Just one thing - I made some money plus i got promoted. So this forms the core of the topic.
Question is: Does bank balance indicates that you are settled? Does promotion to higher role indicates that you are settled? What does settling in life means in common to all?
Before dwelling deep into these questions just a point.
If you have watched schindlers list movie - you would have already got my point. He never satisfies in adding people to his list - helping them out from the military reign by giving decent jobs to polish people. There is a beautiful dialog which schindlers accountant says at the end of the movie. But at this moment i dont know the dialog by heart but it is something like he becomes close to god as he has served some 6000 odd people by providing them basic needs. The catch here is till that dialog the movie moves like schindler is the person who is interested in making only money and doesnt have heart for others. After this dialog schindler himself realises that he has some how played a significant role in deciding fate of others people and shed his tears of happiness. That was a touching moment for him.
So coming back to the point. How settling in life related to above? It does not appear any where right? Thats the point. Until you dont see this term you will pursue towards next step in life. But once you start feeling the term then you may get stagnate. You will start feeling "why should i do this by risking my current happiness". May be you may start losing the big picture in your life. So the thought process might get changed.
So if you think of these points you can conclude that having bank balance, promotion etc seems to be elements to sustain in life and this settling should in no way hinder your future "risky" plans to grow more.
But the perception of common people is to avoid those "risky" plans and let your boat sail smooth till you live. There is a high possibility that they feed in these thoughts constantly to us which could make you get in their trap and veiling your growth oriented thoughts.
Summary: Never think that you are settled in life just by hearing the words of others. Your conscience tell you whether you settled or not. Go by your conscience and not by words of others. To me - "There is no intermediate state called settled in life till i have met my life time goal".
Showing posts with label Thoughts. Show all posts
Showing posts with label Thoughts. Show all posts
Sunday, September 16, 2007
Saturday, September 16, 2006
Market Vs Loyalty
All the below discussion is based on IT sector in India.
Boom in .com (IT) sector. The growth in this sector to me looks like exponential and not sequential. Many of them have started looking at its saturation point. But does it really have a saturation point? The growth also depends on how far is a sector linked to the other sectors. This IT sector due to its "healthy" link with other sectors (Banking, Telecom, Retail etc) made me to think about the existence of saturation point.
The IT linked sectors experiencing excellent growth and hence IT boom still exists. But what does this boom does? Is it a boon for economic growth in revenue terms or is it a curse to loyalty in Human Relations terms? I took some time to look in what happens in this sector as it is always dynamic. I feel the following could be the reason.
1) The growth % acheived on QoQ (Quarter on Quarter) basis is extra-ordinary. You will not see this type of growth in other sectors. This is true in case of revenue guidelines they project for the subsequent year and you will find they are beating the same.
2) Attrition rate - Currently it stands at an average of 11% in India. This 11% is per quarter. This is surely not the case in other sectors.
3) Earning capacity - If you look at economics around the place where these IT companies they have made to grow other areas also (Real estate for example, cuisines, clubs etc). The average salary of all IT employees may atleast be 3-4 times greater than the average salary of all employees in other sectors.
Some of these points looks positive. But if you raise a question why 11% attrition is seen per quarter you may end up in looking at cons of this sector in terms of loyalty towards the company. In reality only few % (may be less than 1%) in that 11% is due to fair reasons (like higher studies, social life, health conditions) etc. Then where does the remaining 10% go? Of course they are not jobless. They join in other companies. But why? There could be many reasons for this. But i would like to concentrate on the reason - "Pay hike".
Why is this market is capturing people from other companies paying more than they are getting? If you say it is because of the individuals talent - I will agree if and only if you dont find any one who is equivalent of the same talent in your company. And there are some more questions for you below.
Try to get what you deserve: In my opinion this statement has become meaningless due to the above boom. Any one who moves out of a company and joins a new one is getting considerably more than what he deserves. He himself knows that he doesnt deserve that but why should tie your hands when someone is ready to offer you more.
Talent reflects everywhere. If this is true then there is a serious question on why the talent is rated low at his x-company and why it is over rated in his new company? But does the company really seeks benefit out of his new employee. This is a different story and it needs a separate discussion.
Every employee in an organisation delivers his best to improves his organisation - be in terms of revenue, ethics, work culture etc. But the above said market boom may ruin the vision of an employee towards his organisation. They will see the organisation being unfair towards him if such trend proceeds. The unfair here i mean organisation not providing the same status (this includes power, pay etc) to its own employee as that of newly recruited one - both having the same talent of course. They will start suspecting the loyalty.
A concise question like this may raise in thier mind.
Does "Be smarter" means utilize the oppurtunity, ping-pong and get the best out of bargaining and not giving any damn about loyalty, Organisation vision etc?
What could be the solution to this? I am looking for the answer but in the mean time some one can help me if they have one.
I am not in any way a victim as an loyal employee in an organisation but just have a curiosity in finding the answer.
Boom in .com (IT) sector. The growth in this sector to me looks like exponential and not sequential. Many of them have started looking at its saturation point. But does it really have a saturation point? The growth also depends on how far is a sector linked to the other sectors. This IT sector due to its "healthy" link with other sectors (Banking, Telecom, Retail etc) made me to think about the existence of saturation point.
The IT linked sectors experiencing excellent growth and hence IT boom still exists. But what does this boom does? Is it a boon for economic growth in revenue terms or is it a curse to loyalty in Human Relations terms? I took some time to look in what happens in this sector as it is always dynamic. I feel the following could be the reason.
1) The growth % acheived on QoQ (Quarter on Quarter) basis is extra-ordinary. You will not see this type of growth in other sectors. This is true in case of revenue guidelines they project for the subsequent year and you will find they are beating the same.
2) Attrition rate - Currently it stands at an average of 11% in India. This 11% is per quarter. This is surely not the case in other sectors.
3) Earning capacity - If you look at economics around the place where these IT companies they have made to grow other areas also (Real estate for example, cuisines, clubs etc). The average salary of all IT employees may atleast be 3-4 times greater than the average salary of all employees in other sectors.
Some of these points looks positive. But if you raise a question why 11% attrition is seen per quarter you may end up in looking at cons of this sector in terms of loyalty towards the company. In reality only few % (may be less than 1%) in that 11% is due to fair reasons (like higher studies, social life, health conditions) etc. Then where does the remaining 10% go? Of course they are not jobless. They join in other companies. But why? There could be many reasons for this. But i would like to concentrate on the reason - "Pay hike".
Why is this market is capturing people from other companies paying more than they are getting? If you say it is because of the individuals talent - I will agree if and only if you dont find any one who is equivalent of the same talent in your company. And there are some more questions for you below.
Try to get what you deserve: In my opinion this statement has become meaningless due to the above boom. Any one who moves out of a company and joins a new one is getting considerably more than what he deserves. He himself knows that he doesnt deserve that but why should tie your hands when someone is ready to offer you more.
Talent reflects everywhere. If this is true then there is a serious question on why the talent is rated low at his x-company and why it is over rated in his new company? But does the company really seeks benefit out of his new employee. This is a different story and it needs a separate discussion.
Every employee in an organisation delivers his best to improves his organisation - be in terms of revenue, ethics, work culture etc. But the above said market boom may ruin the vision of an employee towards his organisation. They will see the organisation being unfair towards him if such trend proceeds. The unfair here i mean organisation not providing the same status (this includes power, pay etc) to its own employee as that of newly recruited one - both having the same talent of course. They will start suspecting the loyalty.
A concise question like this may raise in thier mind.
Does "Be smarter" means utilize the oppurtunity, ping-pong and get the best out of bargaining and not giving any damn about loyalty, Organisation vision etc?
What could be the solution to this? I am looking for the answer but in the mean time some one can help me if they have one.
I am not in any way a victim as an loyal employee in an organisation but just have a curiosity in finding the answer.
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