Friday, February 8, 2008

TCS: 500 resign on poor performance

Tata Consultancy Services Ltd, India's largest software services exporter said that "Those who cannot meet the performance requirements of our company are asked to look for another job commensurate with their abilities," and a spokesperson also said that "It's not an exceptional thing, it happens every year and it's a part of our annual performance exercise. Last year also similar number of people left the company".

TCS has an annual evaluation where they test the employees on their subject knowledge with regards to their job and also basic aptitude. Scores are given on a scale of 5 and the 500 who were removed were supposed to have scored 2 or below. Now thats like, 40%, just pass. Its a dog eat dog world out there, you cannot afford to be just average and expect favours and job security. There are millions of people who are just waiting for an opportunity to grab whatever little is for offer and make the best of it, the competition is stiff.

This came as a shock to many young professionals who are placed in various top companies and are yet to start working. This is not to be taken as a threat though. Yes, the US recession has affected a lot of the Indian companies in terms of profits and to compensate for that some companies cut salaries and some others took to giving pink slips to some of their employees.
India's export-driven software services companies have been winning large outsourcing contracts from western clients, but recession fears in the United States, a strong rupee, soaring wages and a skills shortage are major worries But if the basis on which these companies have removed some employees is considered, its purely on performance. It is but natural, where ever you are its your performance that matters, if your caught slacking you are bound to be kicked out. TCS, I feel has been gracious enough to have arranged for alternative jobs for these unlucky few and i feel they should make the best of it.

As for the young professionals who are yet to start working, they should take this as a wake up call and prepare to work very hard and to always be a step ahead.You never know what tomorrow has in store. So being prepared is the best option. The best thing to do would be to never put oneself in a make or break situation. Always strive to be the best and never give anyone a chance to raise a finger against you.

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