Hey all,
This happened to one of my close friends recently. He joined a company as a Senior Manager, which required him to shift his base from Delhi to Chandigarh, and he did so gladly.
Fifteen days after joining the company, he was asked to renegotiate his salary as the management believed that the new project would not bring in as much profit as they initially thought. The proposal was to work for the next six months on a lower salary than the one mutually agreed upon during the finalization stage. If everything goes smoothly, then revert to the initially agreed-upon salary.
I would like to invite the opinions and insights of the members: Why do companies play with careers? How can they decide within just 15 days that the new project will not be profitable? How can we all work towards changing such practices?
Looking forward to responses; please do share your views.
From India, Delhi
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115This happened to one of my close friends recently. He joined a company as a Senior Manager, which required him to shift his base from Delhi to Chandigarh, and he did so gladly.
Fifteen days after joining the company, he was asked to renegotiate his salary as the management believed that the new project would not bring in as much profit as they initially thought. The proposal was to work for the next six months on a lower salary than the one mutually agreed upon during the finalization stage. If everything goes smoothly, then revert to the initially agreed-upon salary.
I would like to invite the opinions and insights of the members: Why do companies play with careers? How can they decide within just 15 days that the new project will not be profitable? How can we all work towards changing such practices?
Looking forward to responses; please do share your views.
From India, Delhi
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Before starting a new project, lots of research, reviews, data collection, detailed statistical analysis, and negotiation need to be done. However, in reality, during the project's actual timeframe, there may be doubts about whether the expected revenue can be generated, considering market conditions, orders from clients, etc. All these decisions are made with the minimum profit that the company must earn in mind.
Managing a company is not easy, and at least in this case, they have given a choice to your friend. Just take a look at this site and its threads where there are really worse cases - offers are made but not followed up on for joining. Still, everyone on this site speaks highly of the HR department and the HR manager, placing all blame on management. From a managerial point of view, this decision is correct; unavoidable circumstances exist, making it necessary to make such decisions. So, don't view it as the company playing with careers as if it were a cricket match; it's all fair in love and war.
From India, Madras
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Managing a company is not easy, and at least in this case, they have given a choice to your friend. Just take a look at this site and its threads where there are really worse cases - offers are made but not followed up on for joining. Still, everyone on this site speaks highly of the HR department and the HR manager, placing all blame on management. From a managerial point of view, this decision is correct; unavoidable circumstances exist, making it necessary to make such decisions. So, don't view it as the company playing with careers as if it were a cricket match; it's all fair in love and war.
From India, Madras
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Hello Archna,
There are 3 ways to look at the whole scenario—one of which is what deadsoul2011 mentioned.
Possibility-1: The Company could have genuinely faced the situation of competition and have had to reduce their margins. In which case, what they did seems to be very fair. If this was indeed the case, I would expect them to share the details with your friend to enable him/her to judge the fairness aspect. If this hasn't happened, in all probability, THIS ISN'T THE REASON. If they didn't share the details, maybe your friend can ask to be shown the details.
Possibility-2: The Company didn't do their homework well and in the process got all their calculations wrong but didn't want to admit this to your friend. Hence, they gave some reason to your friend to reduce their outflow. In this case, maybe your friend can ask for the details—since he/she is a senior person, they can't refuse to show the details. And if they do refuse, in all probability, THIS COULD BE THE REASON.
Possibility-3: The Company did their homework well and is getting good returns too, but has second thoughts of sharing a part of the revenue inflow with your friend in terms of salary, etc. This would be PLAIN GREED and DECEIT. If this cause is true, it will be tough to prove all by itself. The only way your friend can make a call if this is true is through watching their body language during the interactions—no other way, as far as I can see since when someone is bent on deceit only tries to use any fair-play from the other person for cover-up and not for correction. If you notice our politicians, you will know what I mean. If this is indeed the reason, then it's time for your friend to learn his/her lesson and quit ASAP—since the more the delay, the tougher it will be to explain the step.
Now coming to look at this from your friend's point of view and the options open.
What the other person (or company, etc.) says or does IS NEVER IN OUR CONTROL. But what IS IN OUR CONTROL is whether we 'react' or 'respond' and 'how we do it' to the situation.
Choice-1: If on taking a deeper look at the situation, like mentioned above, your friend finds that the company is indeed speaking the truth, maybe it's worth continuing there—after all, not everyone speaks the truth even at their own expense. To become part of the solution, so to say. This is where I agree with deadsoul2011.
Choice-2: If your friend finds out that this is more of a case of taking advantage or plain deceit, then you know the step.
Choice-3: The extreme step would be what we keep seeing in CiteHR—'I want to teach them a lesson' syndrome, sort of. But in the process, he/she needs to be ready to face the consequences too of such a step—in terms of time spent, loss of focus, etc. And at the end of the day, what is being gained.
Not sure if this is what you expected Archna :-)
Regards,
TS
From India, Hyderabad
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There are 3 ways to look at the whole scenario—one of which is what deadsoul2011 mentioned.
Possibility-1: The Company could have genuinely faced the situation of competition and have had to reduce their margins. In which case, what they did seems to be very fair. If this was indeed the case, I would expect them to share the details with your friend to enable him/her to judge the fairness aspect. If this hasn't happened, in all probability, THIS ISN'T THE REASON. If they didn't share the details, maybe your friend can ask to be shown the details.
Possibility-2: The Company didn't do their homework well and in the process got all their calculations wrong but didn't want to admit this to your friend. Hence, they gave some reason to your friend to reduce their outflow. In this case, maybe your friend can ask for the details—since he/she is a senior person, they can't refuse to show the details. And if they do refuse, in all probability, THIS COULD BE THE REASON.
Possibility-3: The Company did their homework well and is getting good returns too, but has second thoughts of sharing a part of the revenue inflow with your friend in terms of salary, etc. This would be PLAIN GREED and DECEIT. If this cause is true, it will be tough to prove all by itself. The only way your friend can make a call if this is true is through watching their body language during the interactions—no other way, as far as I can see since when someone is bent on deceit only tries to use any fair-play from the other person for cover-up and not for correction. If you notice our politicians, you will know what I mean. If this is indeed the reason, then it's time for your friend to learn his/her lesson and quit ASAP—since the more the delay, the tougher it will be to explain the step.
Now coming to look at this from your friend's point of view and the options open.
What the other person (or company, etc.) says or does IS NEVER IN OUR CONTROL. But what IS IN OUR CONTROL is whether we 'react' or 'respond' and 'how we do it' to the situation.
Choice-1: If on taking a deeper look at the situation, like mentioned above, your friend finds that the company is indeed speaking the truth, maybe it's worth continuing there—after all, not everyone speaks the truth even at their own expense. To become part of the solution, so to say. This is where I agree with deadsoul2011.
Choice-2: If your friend finds out that this is more of a case of taking advantage or plain deceit, then you know the step.
Choice-3: The extreme step would be what we keep seeing in CiteHR—'I want to teach them a lesson' syndrome, sort of. But in the process, he/she needs to be ready to face the consequences too of such a step—in terms of time spent, loss of focus, etc. And at the end of the day, what is being gained.
Not sure if this is what you expected Archna :-)
Regards,
TS
From India, Hyderabad
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Dear Archanaji, whatever happened with your friend is not right. Actually the companies are targeting their own profit only and kept all the morals beside. Regards,
From India, Meerut
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From India, Meerut
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Just food for thought — maybe 'deadsoul2011' needs to rename himself/herself as 'livesoul2011', since his/her comments are so lively :-) Rgds, TS
From India, Hyderabad
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From India, Hyderabad
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Dear Ms. Archna,
I don't know whether you will consider my suggestion or not, but all I would say is that your close friend ran out of luck. The right time will come, and he needs to stay POSITIVE all the time rather than losing hope. UPS AND DOWNS IN LIFE ARE MANDATORY.
With profound regards,
From India, Chennai
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I don't know whether you will consider my suggestion or not, but all I would say is that your close friend ran out of luck. The right time will come, and he needs to stay POSITIVE all the time rather than losing hope. UPS AND DOWNS IN LIFE ARE MANDATORY.
With profound regards,
From India, Chennai
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Dear Ms. Archna,
I don't know whether you may consider my suggestion or not, but all I would say is that your close friend ran out of luck. The right time will come, and he needs to stay positive all the time rather than losing hope. Ups and downs in life are mandatory. No one can predict their own future, nor can others.
With profound regards,
From India, Chennai
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I don't know whether you may consider my suggestion or not, but all I would say is that your close friend ran out of luck. The right time will come, and he needs to stay positive all the time rather than losing hope. Ups and downs in life are mandatory. No one can predict their own future, nor can others.
With profound regards,
From India, Chennai
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Why dont you analyze and reply whether company is wrong or archanas friend is wrong, anyways no one will accept that dear HR dept or manager is wrong, rong ,
From India, Madras
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From India, Madras
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Thank you DeadSoul, TS, and Khadir...
I really appreciate your efforts to provide insights.
DeadSoul, first of all, this friend of mine is not in HR; he joined the Sales & Marketing department as a Senior Manager. I would agree with you, but knowing companies, I would say 15 days is too short a time to study or make future forecasts. So, I feel it's a simple case of forgery. And yes, I agree with TS; now you should change your name from Dead to Live... :)
Hey TS,
Thanks a lot for such a close look at the problem. And yes, I really appreciate the efforts made by you. Well, he has already resigned and come back, now giving interviews. Out of the three scenarios mentioned, I also think 2 and 3 have the highest probability of being true.
I also feel that homework from his part was not complete. And yes, I very well expected something like this with proper reasoning... :) Thanks a lot.
Hi Khadir,
Sorry, this kind of solution from you is not fully appreciated. I was expecting something better. Leaving everything to God may not be justifiable, unless we all put in our best efforts. So, seeking a better answer from you. I hope to get one. :)
Thanks again, guys...
Let's see what other members have to contribute...
From India, Delhi
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I really appreciate your efforts to provide insights.
DeadSoul, first of all, this friend of mine is not in HR; he joined the Sales & Marketing department as a Senior Manager. I would agree with you, but knowing companies, I would say 15 days is too short a time to study or make future forecasts. So, I feel it's a simple case of forgery. And yes, I agree with TS; now you should change your name from Dead to Live... :)
Hey TS,
Thanks a lot for such a close look at the problem. And yes, I really appreciate the efforts made by you. Well, he has already resigned and come back, now giving interviews. Out of the three scenarios mentioned, I also think 2 and 3 have the highest probability of being true.
I also feel that homework from his part was not complete. And yes, I very well expected something like this with proper reasoning... :) Thanks a lot.
Hi Khadir,
Sorry, this kind of solution from you is not fully appreciated. I was expecting something better. Leaving everything to God may not be justifiable, unless we all put in our best efforts. So, seeking a better answer from you. I hope to get one. :)
Thanks again, guys...
Let's see what other members have to contribute...
From India, Delhi
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Dear Archna,
Whatever happened to your friend is not acceptable, and it is wrong from the company's side. But your friend can do one thing as a positive player, i.e., he can create the opportunity to increase the profit of the company by boosting sales and controlling the overhead costs. If he proves and adds value in his role, the company will undoubtedly reward him with benefits and a competitive pay package.
From India, Kumbakonam
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Whatever happened to your friend is not acceptable, and it is wrong from the company's side. But your friend can do one thing as a positive player, i.e., he can create the opportunity to increase the profit of the company by boosting sales and controlling the overhead costs. If he proves and adds value in his role, the company will undoubtedly reward him with benefits and a competitive pay package.
From India, Kumbakonam
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