Certainly would not like to talk about chemistry. :)
Is organic growth slow compared to inorganic. Or is 'Organic growth' a misnomer. I have been wondering why companies(Infy), puts a lower growth slab for its existing employees at the same time keeps the higher growth level or lower bar for the laterals to jump into the company.
This year there have been numerous instances of deserving people not being promoted, whereas people with the same experience or even lower have being wooed into the company with higher salaries and better positions.
The argument goes like this 'A lateral always fulfills a demand and hence get much better pay/position, compared to resident employees'. But one needs to remember, ATTRITION is one of the major fuelling factors for DEMAND.
Imagine 15% of Infy's 35,000 quitting in a quarter. About 5-8% of these people do quit with the dissatisfaction from their latest promotion. The company fills in this by hiring people at a higher cost. So what does the company benefit from playing such an aggressive stratergy when it comes to compensation benefits ?
This is my part of the argument . I want someone who's sitting across the table showcasing his view.
There is a chat with the DC head this week. Will pose the questions to that ass .
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