Saturday, December 16, 2006

MIS SELLING

Hope you all are familiar with this word " Mis selling" , in banking parlance it's mis communication about your product. Very often the over enthusiastic sales men would tell you much more than the product actually offers. Well unfortunately it's not limited to products , rather more often it happens in job offerings . It happens every where but few of the common mis sellings are :

Job Content/Job description :
The most common and most painful one , typically you'll get "JD" , job description from your consultant , it will look very glamourous as if after CEO you would be the most powerful person in the organisation . When you actually join you end up doing some thing else .
So watch out for those fancy JDs.

Perks
Loan component , you are told you are elligible for 2000K of loan at 2% rate of interest , sound good . You readily join. ALAS , after joinig you realise you are only elligible after one year. Even that's OK then you decide to quit after 2 years 8 months . Your accounts department hands you over a letter asking for dues . Well you get a shock of your life when you are told that this " interest subsidy " is reversed if you leave with in 3 years of joining.
Check out the finer prints of "Subsidised Loans".

Is there any regulator to check this " MIS SELLING" ?

Wednesday, December 13, 2006

SHOULD YOUR NEW YEAR RESOLUTION INCLUDE A JOB CHANGE ?

With the start of a new year, you may be among the millions of people thinking of making an important change in your life. If one of the changes you are considering is your career, here is some advice to help you decide whether to make the move.
Most job changers leave because they no longer enjoy their work. If your job is a source of dissatisfaction, the signs are probably clear.
A feeling of dread may start creeping over you every Sunday evening as the work week approaches. While you once bounced out of bed on Monday mornings eager to get to the office, you may now find yourself hitting the snooze bar as many times as possible. The thought of calling in sick may cross your mind. In fact, going to work may actually make you sick. (More heart attacks occur on Monday mornings than at any other time of the week.)
If your job is no longer something you enjoy, you are not alone. A Wall Street Journal-ABC News poll found that half of all workers polled would choose a new line of work if they had the chance. So why don't more people quit their jobs?
According to John W. Thibaut and Harold H. Kelley, authors of The Social Psychology of Groups, some people will stay in an unsatisfactory situation because they do not see themselves as having alternatives.
Even so, many employees are held back by "golden handcuffs," meaning they are so well compensated - through salary, company stocks, pensions, or other benefits - they believe they cannot afford to quit their job. Faced with a mortgage, other financial commitments, and people who depend on them, an employee shackled with golden handcuffs may fear leaving their job will lead to financial loss.
Of course, if you are close to retirement, it may be better to stick it out so you can collect your pension. However, for many people a new job often goes hand in hand with a higher salary, which could make up for lost benefits. And even if a new job means taking a step back financially, it may be worth it.
Given the choice, your loved ones would probably prefer to have more time with you, and see you less stressed, even if it meant scaling back your lifestyle.But before you march into your boss's office and announce "I quit," there may be other options. If you enjoyed your job at one time, but have become dissatisfied with it lately, you may be able to boost your job satisfaction without leaving your current employer. For example, one reason people decide to change jobs is because they have become bored with their work. Yet boredom can be a natural consequence of mastering your job. When you first started your job, you probably found your work challenging and interesting as you were learning how to do it. As you learned more, your challenge was to become an expert. Once you became an expert, the challenge was gone.
Instead of moving, why not see if you can take on new challenges in your current workplace. Most employers realize it is costly to replace good employees, and will do what they can to keep them. Talking with your boss about why you are dissatisfied may lead to a solution. You may be able to move to a new position in your organization, or take on new tasks in your present position.
If the problem isn't a lack of challenge, but exactly the opposite (too much stress and too little family time) you may want to consider a completely different type of career change - moving down. For example, if you loved the frontline job you had before becoming a manager, you may be able to reduce your stress and resume working regular hours by returning to a frontline position.
If the problem is not the work itself, but the people you work with, start by looking at whether this is a common pattern. If you have had serious problems with your boss or co-workers in almost every job you've had, chances are you will eventually experience the same problems no matter where you move.
Office politics or personality differences exist in virtually all organizations. It may be easier to learn more effective ways of dealing with these issues, rather than trying to find a workplace where they don't exist. Furthermore, most employers prefer candidates with a stable job history, so changing jobs too often can affect your future career prospects.
If compensation is the main issue, consider asking for a raise or additional benefits. It's a good idea to research salaries for similar positions in your industry, so you have some concrete data to show your boss. Even more important is quantifying the value you bring to your employer (for example, showing how much revenue you have brought in or how much you have saved the company).
If you are not able to find a solution with your current employer, then it may be time for a change. Assuming you work an average of 40 hours a week, 50 weeks a year, for 50 years, you will spend 100,000 hours at work. You deserve to spend most of that time doing something rewarding and meaningful.

Adapted from ; http://www.fabjob.com

Tuesday, December 12, 2006

TOP 25 GREAT PLACES TO WORK FOR IN INDIA - 2005

The Top 25 - 2005

1 Federal Express
2 Sapient Corporation
3 National Thermal Power Corporation
4 Honeywell Technology Solutions Lab Pvt. Ltd
5 RMSI Pvt Ltd
6 JW Marriott Hotel Mumbai
7 Computer Sciences Corporation
8 Sasken Communication Technologies Ltd
9 Mindtree Consulting Pvt. Ltd
10 Dabur India Ltd
11 Aztec Software and Technology Services Ltd
12 Godrej Consumer Products Limited
13 Aviva Life Insurance Company India Pvt Ltd
14 Philips Innovation Campus
15 Adobe Systems India Pvt Ltd
16 Classic Stripes Pvt Ltd
17 Forbes Marshall Pvt Ltd
18 Intel Technologies India Pvt Ltd
19 Aditya Birla Management Corporation Ltd
20 American Express Service Centre - India
21 Infosys Technologies Ltd
22 Cadbury India ltd
23 PSI Data Systems
24 Ajuba Solutions India Pvt Ltd
25 GlaxoSmithKline Consumer Healthcare Limited

Courtesy : http://www.greatplacetoworkindia.com/GPTWListing/top25_2005.asp

ADOBE - Great Place to Work

Adobe Systems Incorporated has a long and proud history of innovation. We create groundbreaking technology platforms that help our customers express their creativity, save time and money, and run their businesses more efficiently. Behind every Adobe product and solution is a team of smart, highly motivated self-starters: Adobe employees.
At Adobe, we recognize that hiring the best and brightest talent is a big part of what makes us a successful company. We understand that our greatest asset is our employees. We take pride in creating an environment where the company shares its success with the innovative thinkers who have helped us achieve-and exceed-our goals. We offer our employees a comprehensive compensation and benefits package, which includes tangible and intangible benefits that extend beyond the typical paycheck, vacation days, and insurance benefits.
We invite you to discover why Adobe is a great place to work.

http://www.adobe.com/aboutadobe/careeropp/benefits.html

“Great Place to Work” or “My Job Sucks” , What say ?

Monday, December 04, 2006

GREAT PLACE TO WORK!!!

Why Join Google ? Great Place to work !

This is what Google claims that you should join Google for , As per Google they are a great place to work . These are their 10 reason for the same . Similarly every organization claims the same , but we need to know what actually the people who are working there have to say , hence the need of this place. Let’s join hands to voice really why our organization is great ( or not so great ) .

Top 10 Reasons to Work at Google

1.Lend a helping hand. With millions of visitors every month, Google has become an essential part of everyday life—like a good friend—connecting people with the information they need to live great lives.
2.Life is beautiful. Being a part of something that matters and working on products in which you can believe is remarkably fulfilling.
3.Appreciation is the best motivation, so we've created a fun and inspiring workspace you'll be glad to be a part of, including on-site doctor and dentist; massage and yoga; professional development opportunities; on-site day care; shoreline running trails; and plenty of snacks to get you through the day.
4.Work and play are not mutually exclusive. It is possible to code and pass the puck at the same time.
5.We love our employees, and we want them to know it. Google offers a variety of benefits, including a choice of medical programs, company-matched 401(k), stock options, maternity and paternity leave, and much more.
6.Innovation is our bloodline. Even the best technology can be improved. We see endless opportunity to create even more relevant, more useful, and faster products for our users. Google is the technology leader in organizing the world’s information.
7.Good company everywhere you look. Googlers range from former neurosurgeons, CEOs, and U.S. puzzle champions to alligator wrestlers and former-Marines. No matter what their backgrounds Googlers make for interesting cube mates.
8.Uniting the world, one user at a time. People in every country and every language use our products. As such we think, act, and work globally—just our little contribution to making the world a better place.
9.Boldly go where no one has gone before. There are hundreds of challenges yet to solve. Your creative ideas matter here and are worth exploring. You'll have the opportunity to develop innovative new products that millions of people will find useful.
10.There is such a thing as a free lunch after all. In fact we have them every day: healthy, yummy, and made with love.
"Great place to work" or "My job sucks" , what say?