It’s easy to beat up on the corporates. But a society that does not give its entrepreneurs, wealth & jobs creators love and respect, is doomed to be frozen in a low-middle-income status.
Companies treat layoffs as a cost-cutting instrument to boost performance and expect to be rewarded by stock markets. But evidence contradicts this notion.
Infosys' move comes after rival Tata Consultancy Services said it planned to train 25,000 engineers to get them certified on Microsoft's Azure Open AI.
The deal is valued at $454 million for five years with an option to renew for one additional year for a maximum of three times, Infosys said in a statement.
Sudha Murthy was only half-serious when she made the comment about her husband and Rishi Sunak. We need such a sense of humour in public life—just Mamata Di isn't enough.
Kiran Mazumdar-Shaw was appointed to the Infosys' Board in 2014 & became Lead Independent Director in 2018. D Sundaram wll succeed her as the Lead Independent Director from Thursday.
Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.
Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.
21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.
Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.
Shekhar, you missed this one by a wide margin. Exhortations of long hours on part of these tycoons are extremely self serving to say the least.
Take infosys- it is a software / IT services company whose revenue relies on billing for resources. Indy for all its hype has not a single software app to speak of.
And the derision evident in the L&T guy’s tone is asinine.
There is ample research which shows that productivity cannot be sustained for long hours except in short bursts – sat a new product release cycle. Keeping people chained to the desk makes the same task stretch in hours.
Lastly, for younger workers and newcomers, rather than giving a demand for long hours. Empower them and throw a challenge their way to rise up, learn and deliver.
Hardwork is the most basic requirement if a person wishes to move ahead in life. However, hardwork must also be balanced with the duties and responsibilities towards one’s family. Dropping children off at school and picking them up, getting the groceries, cooking and other such sundry activities also count as work.
Just because a person is not getting paid to do such work does not mean that these activities do not constitute work.
For corporates, a 10 to 12 hour work culture is the norm. This easily translates into 60+ hour week.
Most young people are okay with working 90 hours a week. But in that case they expect payment for the overtime. It is a very just expectation and cannot be faulted. Indian corporates are tight-fisted and miserly when it comes to payment to employees.
The senior management at corporates award themselves millions in salary increments and bonus but the junior employees get a pittance with no payment for overtime.
In this situation, it is very easy for a person to get demoralised and feel exploited.
The outrage is outrageous because we do not have newspaper editors coming out writing oped’s for us.
It is outrageous because it is backed with irrational reasoning of nation building. Did Japan or Germany are where they are only because they worked longer hours after the wars ?? Does working for long hours solve all the other obstacles in nation building ?
The outrage is outrageous because in defending the irrationality of the argument a celebrated and experienced editor like you has resorted to comparing corporate jobs with All India Services on one hand and Security Guards on the other.
Perhaps ‘The Print’ should conduct a survey to find out how long do corporate workers actually work on an average. You might find some objective and rational reasoning to understand the outrageous outrage out there.
To Vir Sanghvi, you forgot to list teachers. Teaching, correcting, setting papers and sundry other administrative work … It’s an easy 75 hour week. I remind you of this so you can bring that highly ignored profession into the ‘retrievable’ slot of your mind. Cheers.
Sure thing. I would gladly work long hours if that means I get paid overtime. But that doesn’t exactly happen in India, does it? My father worked hard and it had consequences. He was paid pennies for it and his health has been ruined and all that hard work didn’t pay off. Don’t make excuses for this nonsense. There’s more to life than work.
Investment bankers work incredibly hard. Once our son in Singapore worked so late in the office, returned a couple of hours later, forgot to shave. His boss gently told him that would not fly.
Dear Shekhar sir please a few questions,
1. Why does Infosys has 3 months notice period when the moto is, if you don’t like it here just go somewhere else?
2. Why does Infosys freezes pay hikes when its attrition rate goes down but start them back when job market for software engineering hots up? Does lower attrition rate equals less employee productivity?
If Murthy really thinks that working 70 hours are required to make India great then why did his daughter leave India instead of staying here, working 70 hours a week and creating another revolutionary company like Infosys to make India even greater? Basically what you mean here is that middle class kids should keep working hard like their parents but rich kids should cool off.
There is another thing that you just don’t realize. Infosys’ product is not cutting software engineering that will transform India. The product that it offers to the world is Software engineers available at a price cheaper than slavery in America. If you think that is all Indians have to offer in this world economy, great, but say that out loud instead of hiding behind words like ‘look at their market cap, you people should not raise your voice against these rich people’.
I dare to say that this piece has appeared in the print only because Murthy is an investor here ( the article title and position as well)
and the article is a horrendous example of – how the capitalist are going to save their masters at any cost and reinforce illogical, oppressive thoughts of capitalists and capitalism.
someone is entitled to fed on their greed ( include country too in such cases), you can explore Linkedin( as if all country resources are thier assets and they are our mai baap). the real life is cruel and should be cruel. Our Mai Baap has worked hard to provide us the cool outrage. With poor excuses like look around yourself, everywhere there is an oppressed earning with their heads down, and how dare you to keep your head high against our dear and entitled capitalist!
And this is coming from a journalist who knows how to play on both sides to keep his privilege intact! As well as from a generation who okayed slavery. Nice and yet erratic and not so intelligent save of your bosses, Shekhar Ji!
The.supporterss of bonded labour will support jobs where overtime is not payable and la our laws are noj existant. Why stop at 90hrs, don’t have family and life work 20hrs daily.
Exactly this! 70,80,90 these are figurative numbers. Crux is get to work. Most people complaining are potentially mid-low performers. Their whole thinking revolves around “I can’t, so I will criticize those who can”. Same people won’t extend a thought to the workers at home – their daily helps. On LinkedIn, I came across the profile of a girl who was seething with anger. She is in early 20’s, still a student and has no work experience. Pray tell me, what do people like her know about a real career? She will, in due course but isn’t there yet. And yet, has no problem fuming at people who are miles, miles ahead of her and that distance is most likely going to be maintained for life. Not everyone gets to be a C suite employee and those who do, will know what these leaders meant.
Shekhar, you missed this one by a wide margin. Exhortations of long hours on part of these tycoons are extremely self serving to say the least.
Take infosys- it is a software / IT services company whose revenue relies on billing for resources. Indy for all its hype has not a single software app to speak of.
And the derision evident in the L&T guy’s tone is asinine.
There is ample research which shows that productivity cannot be sustained for long hours except in short bursts – sat a new product release cycle. Keeping people chained to the desk makes the same task stretch in hours.
Lastly, for younger workers and newcomers, rather than giving a demand for long hours. Empower them and throw a challenge their way to rise up, learn and deliver.
Hardwork is the most basic requirement if a person wishes to move ahead in life. However, hardwork must also be balanced with the duties and responsibilities towards one’s family. Dropping children off at school and picking them up, getting the groceries, cooking and other such sundry activities also count as work.
Just because a person is not getting paid to do such work does not mean that these activities do not constitute work.
For corporates, a 10 to 12 hour work culture is the norm. This easily translates into 60+ hour week.
Most young people are okay with working 90 hours a week. But in that case they expect payment for the overtime. It is a very just expectation and cannot be faulted. Indian corporates are tight-fisted and miserly when it comes to payment to employees.
The senior management at corporates award themselves millions in salary increments and bonus but the junior employees get a pittance with no payment for overtime.
In this situation, it is very easy for a person to get demoralised and feel exploited.
The outrage is outrageous because we do not have newspaper editors coming out writing oped’s for us.
It is outrageous because it is backed with irrational reasoning of nation building. Did Japan or Germany are where they are only because they worked longer hours after the wars ?? Does working for long hours solve all the other obstacles in nation building ?
The outrage is outrageous because in defending the irrationality of the argument a celebrated and experienced editor like you has resorted to comparing corporate jobs with All India Services on one hand and Security Guards on the other.
Perhaps ‘The Print’ should conduct a survey to find out how long do corporate workers actually work on an average. You might find some objective and rational reasoning to understand the outrageous outrage out there.
To Vir Sanghvi, you forgot to list teachers. Teaching, correcting, setting papers and sundry other administrative work … It’s an easy 75 hour week. I remind you of this so you can bring that highly ignored profession into the ‘retrievable’ slot of your mind. Cheers.
Sure thing. I would gladly work long hours if that means I get paid overtime. But that doesn’t exactly happen in India, does it? My father worked hard and it had consequences. He was paid pennies for it and his health has been ruined and all that hard work didn’t pay off. Don’t make excuses for this nonsense. There’s more to life than work.
Investment bankers work incredibly hard. Once our son in Singapore worked so late in the office, returned a couple of hours later, forgot to shave. His boss gently told him that would not fly.
Dear Shekhar sir please a few questions,
1. Why does Infosys has 3 months notice period when the moto is, if you don’t like it here just go somewhere else?
2. Why does Infosys freezes pay hikes when its attrition rate goes down but start them back when job market for software engineering hots up? Does lower attrition rate equals less employee productivity?
If Murthy really thinks that working 70 hours are required to make India great then why did his daughter leave India instead of staying here, working 70 hours a week and creating another revolutionary company like Infosys to make India even greater? Basically what you mean here is that middle class kids should keep working hard like their parents but rich kids should cool off.
There is another thing that you just don’t realize. Infosys’ product is not cutting software engineering that will transform India. The product that it offers to the world is Software engineers available at a price cheaper than slavery in America. If you think that is all Indians have to offer in this world economy, great, but say that out loud instead of hiding behind words like ‘look at their market cap, you people should not raise your voice against these rich people’.
I dare to say that this piece has appeared in the print only because Murthy is an investor here ( the article title and position as well)
and the article is a horrendous example of – how the capitalist are going to save their masters at any cost and reinforce illogical, oppressive thoughts of capitalists and capitalism.
someone is entitled to fed on their greed ( include country too in such cases), you can explore Linkedin( as if all country resources are thier assets and they are our mai baap). the real life is cruel and should be cruel. Our Mai Baap has worked hard to provide us the cool outrage. With poor excuses like look around yourself, everywhere there is an oppressed earning with their heads down, and how dare you to keep your head high against our dear and entitled capitalist!
And this is coming from a journalist who knows how to play on both sides to keep his privilege intact! As well as from a generation who okayed slavery. Nice and yet erratic and not so intelligent save of your bosses, Shekhar Ji!
The.supporterss of bonded labour will support jobs where overtime is not payable and la our laws are noj existant. Why stop at 90hrs, don’t have family and life work 20hrs daily.
Exactly this! 70,80,90 these are figurative numbers. Crux is get to work. Most people complaining are potentially mid-low performers. Their whole thinking revolves around “I can’t, so I will criticize those who can”. Same people won’t extend a thought to the workers at home – their daily helps. On LinkedIn, I came across the profile of a girl who was seething with anger. She is in early 20’s, still a student and has no work experience. Pray tell me, what do people like her know about a real career? She will, in due course but isn’t there yet. And yet, has no problem fuming at people who are miles, miles ahead of her and that distance is most likely going to be maintained for life. Not everyone gets to be a C suite employee and those who do, will know what these leaders meant.
The outrage is outrageous!