Hi,
See people who are above the age of 35 years would certainly have problem in finding a right opportunity for themselves because its only the top management that companies look for once you are above that age bracket so ....getting the job of your choice and in the right company would be a challenge and there is a hope that situation will start improving from the end of Q1 2009...hence till that time be patient and not to worry ...its a testing phase...
From United Kingdom
3See people who are above the age of 35 years would certainly have problem in finding a right opportunity for themselves because its only the top management that companies look for once you are above that age bracket so ....getting the job of your choice and in the right company would be a challenge and there is a hope that situation will start improving from the end of Q1 2009...hence till that time be patient and not to worry ...its a testing phase...
From United Kingdom
thanks for the reply...but i have heard that lot about freshers and exp level of 1-3 loosin their jobs as their cmpy doesn ve an on goin project...Feelin terribly sorry for them..Even in my concern...Ppl do put down papers or asked to resign...!!!
From India, Madras
From India, Madras
1)When experience candidates themselves are facing the risk of losing jobs, what would happen to all the lakhs and lakhs of fresher’s from different streams right from Arts to Professional courses?
I believe life is always functioning in a process of cycle it was an employer market then an employee market now again an emergence of employer market
a) In the current environment there is very little about experience if the output doesn't match upto expectation, but in my view it is a loss of job of unproductive people be it experienced or inexperienced
2)If someone is planning to start up a company is it wise now? Or what sector can he/she be concentrating now?
If you put in your efforts and a worthwile project and good revenue model, returns would be there but it depends on other factors. There is no sure money spinner
3)What is the best idea/suggestion given to those people who have lost their job now? What can one do after losing their job?
Skilled professionals can think about giving guest lectures. India is a huge market this is a recession wouldn't be an end to India but it is going to much better after the period keep accumulation knowledge
4)How long would this recession be? Would there be further disasters or would it end?
Regards,
I see this is just the beginning, another couple of quarters need to be surpassed to make it more evident but i think if its bad it would be till mid of 2010. Hope so it isn't
Regards
Tiji Mammen
From India, New Delhi
Hi to all
These questions are really true questions that are romming in the mind of each computer professional specially at freshers level. i am a final year MCA student got placed in some wellknown company but still afred that what they will do if the situation will continued like that.many companies refusing the offers its really difiicult situation for freshers.when it will stop no body knows but time never stops for any one.
From India, Tumkur
These questions are really true questions that are romming in the mind of each computer professional specially at freshers level. i am a final year MCA student got placed in some wellknown company but still afred that what they will do if the situation will continued like that.many companies refusing the offers its really difiicult situation for freshers.when it will stop no body knows but time never stops for any one.
From India, Tumkur
Dear Rajeev,
As you rightly said None knows when this crisis will end. But time Will not Stop for Anyone. Try getting into whatever job related to ur education initial even if it means no salary or very little pay. I know its very very difficult after spending so much on studies to work for nothin or very little. But we are in living in such reality which poses threat even to experienced hands. Experience counts more. All the best for ur job search. To tell u honestly we havent been paid of our 3 months pay till date. Am just continuing cos of gettin experience n learnin
Regards,
Arsha
From India, Madras
As you rightly said None knows when this crisis will end. But time Will not Stop for Anyone. Try getting into whatever job related to ur education initial even if it means no salary or very little pay. I know its very very difficult after spending so much on studies to work for nothin or very little. But we are in living in such reality which poses threat even to experienced hands. Experience counts more. All the best for ur job search. To tell u honestly we havent been paid of our 3 months pay till date. Am just continuing cos of gettin experience n learnin
Regards,
Arsha
From India, Madras
Recession???? Is it on the way ?????? I have no clue on this.....I thought the economy is fast recovering man. Is another recession coming our way ????????
From India, Delhi
From India, Delhi
Loyalty is dead: yes,it is experts say. Businesses are into a phase of creative disassembly where reinvention and adjustments are constant. Hundreds of thousands of jobs are being shed by GE, Chevron, Sam’s Club, Wells Fargo Bank, HP, Starbucks etc. and the state, counties and cities. Even solid world class institutions like the University of California Berkeley under the leadership of Chancellor Birgeneau & Provost Breslauer are firing employees, staff, faculty and part-time lecturers through “Operational Excellence (OE) initiative”: last year 600 were fired, this year 300. Yet many employees, professionals and faculty cling to old assumptions about one of the most critical relationship of all: the implied, unwritten contract between employer and employee.
Until recently, loyalty was the cornerstone of that relationship. Employers promised work security and a steady progress up the hierarchy in return for employees fitting in, accepting lower wages, performing in prescribed ways and sticking around. Longevity was a sign of employer-employee relations; turnover was a sign of dysfunction. None of these assumptions apply today. Organizations can no longer guarantee work and careers, even if they want to. Senior managements paralyzed themselves with an attachment to “success brings success’ rather than “success brings failure’ and are now forced to break the implied contract with their employees – a contract nurtured by management that the future can be controlled.
Jettisoned employees are finding that their hard won knowledge, skills and capabilities earned while being loyal are no longer valuable in the employment market place.
What kind of a contract can employers and employees make with each other?
The central idea is both simple and powerful: the job or position is a shared situation. Employers and employees face market and financial conditions together, and the longevity of the partnership depends on how well the for-profit or not-for-profit continues to meet the needs of customers and constituencies. Neither employer nor employee has a future obligation to the other. Organizations train people. Employees develop the kind of security they really need – skills, knowledge and capabilities that enhance future employability. The partnership can be dissolved without either party considering the other a traitor.
Let there be light!
From United States, Walnut Creek
Until recently, loyalty was the cornerstone of that relationship. Employers promised work security and a steady progress up the hierarchy in return for employees fitting in, accepting lower wages, performing in prescribed ways and sticking around. Longevity was a sign of employer-employee relations; turnover was a sign of dysfunction. None of these assumptions apply today. Organizations can no longer guarantee work and careers, even if they want to. Senior managements paralyzed themselves with an attachment to “success brings success’ rather than “success brings failure’ and are now forced to break the implied contract with their employees – a contract nurtured by management that the future can be controlled.
Jettisoned employees are finding that their hard won knowledge, skills and capabilities earned while being loyal are no longer valuable in the employment market place.
What kind of a contract can employers and employees make with each other?
The central idea is both simple and powerful: the job or position is a shared situation. Employers and employees face market and financial conditions together, and the longevity of the partnership depends on how well the for-profit or not-for-profit continues to meet the needs of customers and constituencies. Neither employer nor employee has a future obligation to the other. Organizations train people. Employees develop the kind of security they really need – skills, knowledge and capabilities that enhance future employability. The partnership can be dissolved without either party considering the other a traitor.
Let there be light!
From United States, Walnut Creek
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