6pack
ex-Mod
Read more at the Source: http://tech.economictimes.indiatime...s-push-govt-to-make-resigning-easier/57422107
HR does not say anything about giving incentives to the hardworking people though. If a company does not want to lose good resources then give the good resources a good bonus or a good salary. If you want good people to work on a pittance then its your fault. Employees are not married to a company.
Another point is when an employer wants to terminate some one they do it a day or two. NO 3 month waiting period for the employees in such cases. One sided policies.
I wonder if employees can make their own one sided terms and conditions while joining a company and ask the company to sign it if they want the employee to work there.
Indian information technology employees want the government to step in and make it easier for them to leave their jobs, at a time when they face the prospect of poor salary increases and slower job growth.
Over 28,000 professionals have signed an online petition asking the ministry of labour to stop IT companies from holding workers to a three-month non-negotiable notice period.
“It is unrealistic for anyone to plan that far ahead for their future actions and resign in advance not knowing state of the issue in next three months,” the petition said. IT employees say the petition is gathering support across WhatsApp groups and other messaging platforms.
The problem for the 3.9 million Indian IT employees is one of job mobility. “Three-month notice is clear exploitation,” said an employee at an Indian IT company, who did not want to be identified.
Human resource experts said the three-month notice period is being used as a tool by IT companies to combat high attrition rates. While these rates vary, most Indian IT firms face attrition rates of between 13% and 20%, according to industry estimates.
The extended notice period acts like a hidden retention policy forcing employees to think twice about leaving, while making it hard for a prospective employer to wait that long. “Many candidates are not able to apply for a new job as prospective employers are not willing to initiate the hiring process because of this clause,” Alka Dhingra, assistant GM at recruitment firm TeamLease, told ET.
In the IT services sector, employees are billable resources and it is likely that a company will lose money if a suitable replacement is not found, forcing companies to adopt every method to retain employees.
HR does not say anything about giving incentives to the hardworking people though. If a company does not want to lose good resources then give the good resources a good bonus or a good salary. If you want good people to work on a pittance then its your fault. Employees are not married to a company.
Another point is when an employer wants to terminate some one they do it a day or two. NO 3 month waiting period for the employees in such cases. One sided policies.
I wonder if employees can make their own one sided terms and conditions while joining a company and ask the company to sign it if they want the employee to work there.