Showing posts with label recession. Show all posts
Showing posts with label recession. Show all posts

Monday, May 18, 2009

Recession is finally doing good

I wonder if I really predicted this economic slowdown when I wrote about an alternate profession. Well, for now, I still do what I do best.

Its close to nice months since Lehman Brothers filled bankruptcy and some signs of recovery started to surface. But still we got a long marathon to run before things are stable again. This economic slowdown had its ill effects of many losing their source of income and sigh note when you talk to your friends who have been stuck up with this. But some good signs have really started to show up, in terms of the alternate profession each one is opting for!
IT is no more a preferred job by all!
  • Tamilnadu Public Service commission exam Group1 had record number of applicants to write the preliminary exam this year.
  • Union Public Service Commission exam UPSE has been a talk among many now a days.
  • I saw my roomies talk about ISRO and DRDO. It would be the highest profiled technical job in the Country. A recent test by ISRO had a record turn around of students.
  • There has been call for various levels of officers in Bank like Central Bank, Indian Bank, State Bank of India etc. Many students who are recent college graduates have opted and joined as probationary officers in the recent recruitment.
  • Interestingly many have started to go for higher studies. Instead of sitting at home, they are equipping themselves more in this slump period.
  • Railway exams for a post in Indian railways is also in demand.
  • I even find my friends wating to try their hand in cinematography!
All said and done, we are hoping people do not return back to IT under the impression that they can make more money in small time. Well that would only reduce the quality! Happy Coding!!!

Friday, January 30, 2009

Recession and Indian Mangers

I was watching someone wait in the queue to collect his bowl of cut fruits. Soon it arrived and he asked, "Oh! Can I have some honey?" Immediately came the reply from the shop keeper, "Recession Sir". I could not control my laugh. He barely was able to pronounce the word and he takes that as an excuse. Such is the situation everywhere, not many are sure how tomorrow is gonna be. My friends say, they have butterflies flying when their Manager or HR calls them for a meeting. 

India is a cost effective development center for many MNC. But the crisis is so bad that even the cost effective centers seems costly. So each companies handle recession in their own degree. 

- Layoff Employee. Clean up unwanted workforce even though they are completely in control of their economic position. 
- Have mandatory unpaid in a month. 
- Going Green.
- No free food or lavish party or Sal hikes.
- No allowances for travel, internet connection and hardware.
- Shutdown or Suspend projects. 

I heard an interesting case, where few employees are selected in their organisation. Each one is given mini project (may be a research enigma) and asked to complete it in 30 days. In successful completion they get a chance to stay with the company, else they are laid off. :) I was wondering what great ideas people get. 

One other situation is where, they know that the employee will not quit his job since the situation is bad everywhere. So they decide to take everything out of him/her in this period. More assignments and stringent dead lines. Remember: If you can write a component in 5 days, it never would be possible to build the same in 2 days since we are in recession. (It will take 10 
months to deliver a baby). Hoping on Obama's bill for some improvement. But we are sure for a rough 2009. Hope this will pass away. So I asked Sankaranpillai for some advice to improve the situation.

Me: Mr. Pillai, how can we improve the situation?
Pillai: Ask every to mangers to code if they are not already doing?
Me: Ah! :O Can you tell more about it?
Pillai: Kanna, well its simple. Allocate 50% of managers time for coding. Ask them to cut the meeting that they were doing all the time. So 2 managers is 1 developer. More workforce at the same cost.

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