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  Canada Immigration Forum > General > Our Native Country! > Massive Job Hiring going on in India !
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Massive Job Hiring going on in India !




ILOVENA
Senior Desi
Member since: Jan 09




Posts: 295
Location:


A genuine question:


The US technically is coming out of a recession (there are others who still question this). The average unemployment rate is around 10 %. Protectionism is on the horizon, and there is a large sentiment against jobs being shipped overseas.

Australia and Japan are not in a good shape either - economy wise.

Much of Europe is still a recession, with still unemployment still at a historic high.

If I understand right, much of the software is developed in India for the US, Canada, Europe, Japan, and Australia. If these economies are still in recovery, how come these companies are on a hiring spree?

Just curious if this is just hype (there is of course, no way to verify the hiring that these companies claim)....


 
Post ID: 157634 02-02-10 18:12:04
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mumdxbcan
Senior Desi
Member since: Jul 07




Posts: 469
Location:


Quote:
Originally posted by newton



2) The coffee shop culture has caught on and Barista is a huge hit...it is always packed and the prices are high....Rs 100 plus for a cup of coffee. But still no place to sit.





Is it really costly to drink Rs 100 a coffee ?

How much does it cost in Canada to drink one coffee in Starbucks ?

I am Tim's fan , so sorry no idea ...


 
Post ID: 157636 02-02-10 18:17:49
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Iceberg
Senior Desi
Member since: May 05




Posts: 919
Location: GTA and beyond




Quote:

1) Yes pay packages are high but most people have no life..they cannot indulge in their hobbies and have no balance in their life.



You cannot generalize this way. I have friends and family members who are at both ends of the spectrum. I know people who are so busy in professional life that there is no personal life for them. On the other hand I know people who have flourishing businesses and have ample time for family, go for semi annual vacations, etc.

Quote:

2) The coffee shop culture has caught on and Barista is a huge hit...it is always packed and the prices are high....Rs 100 plus for a cup of coffee. But still no place to sit.



True. However Rs. 100 for the new generation has little value.


 
Post ID: 157637 02-02-10 18:27:02
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KumarM
Senior Desi
Member since: Jan 09




Posts: 881
Location:


Just curious. Has anyone seen the paystub of someone making Rs. 2 lakh a month? Is it CTC (cost to the company) / gross pay / net pay? Lot of desis tend to blow everything out of proportion to maintain the bloated ego. Marriages have gone kaput when the girl finds that the salary the guy mentioned was CTC, not the take home pay. Its not the boy's fault, its the parents who tell the BS.

In countires like US / Japan / Aussie, things have to move on despite the economy. Companies cant shut door. To cut costs, they ship jobs offshore. Some of my close friends set up and ran small IT companies on their own. Has the big three IT firms revealed their attrition rate? They hire thousands becuase their attrition rates are in double digits. They are, more or less replacing the staff, not adding thousands to the existing staff. They hire entry levels more so that they can be paid less with the promise of assignment (client site) abroad. Who does not want an assignment abroad?

KM


 
Last edited by: KumarM on 02-02-10 20:56:21
Post ID: 157647 02-02-10 20:55:51
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newton
Senior Desi
Member since: Mar 07




Posts: 169
Location: Toronto


Quote:
Originally posted by mumdxbcan

Quote:
Originally posted by newton



2) The coffee shop culture has caught on and Barista is a huge hit...it is always packed and the prices are high....Rs 100 plus for a cup of coffee. But still no place to sit.





Is it really costly to drink Rs 100 a coffee ?

How much does it cost in Canada to drink one coffee in Starbucks ?

I am Tim's fan , so sorry no idea ...



Rs 100= $2.5 Cdn. A medium at TH is 1.5. I do not know how many members on this board regularly spend $2.5 Canadian on their morning java. Will be interesting to find out. I know I don't.


 
Post ID: 157655 03-02-10 01:14:15
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newton
Senior Desi
Member since: Mar 07




Posts: 169
Location: Toronto


Quote:
Originally posted by Iceberg



Quote:

1) Yes pay packages are high but most people have no life..they cannot indulge in their hobbies and have no balance in their life.



You cannot generalize this way. I have friends and family members who are at both ends of the spectrum. I know people who are so busy in professional life that there is no personal life for them. On the other hand I know people who have flourishing businesses and have ample time for family, go for semi annual vacations, etc.

Quote:

2) The coffee shop culture has caught on and Barista is a huge hit...it is always packed and the prices are high....Rs 100 plus for a cup of coffee. But still no place to sit.



True. However Rs. 100 for the new generation has little value.



The reason people do not have free time is that they are working from 9:00 am to about 7:00 pm. This is because many companies have institued mandatory 9.5 hrs work days plus half day of work on Sat. If you have your own business of course you have more free time IF IT IS ESTABLISHED. But otherwise it is worse than working for another company in terms of free time. Yes leisure time is a matter of choice but with these working hours is it really?


 
Post ID: 157656 03-02-10 01:17:07
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looklook
Desi
Member since: Jan 10




Posts: 82
Location:


Jobs has opened up at entry level , still at mid and senior level hard to find. It's all hyped by the the congress owned Media to show the robust picture of the country to attract maximum investments.
You can Imagine every week Govt comes with a different growth no's . One week is 5.9% next week some Tom Dick and Harry claims 7% result Gain in Sensex and gain in politicians pocket. Next week again it goes down to 6%.

On infra front all metros sucks, Mumbai and Banglore are worse. After April mumbai will not have a water to supply to households imagine if monsoon is poor again this year what will happen ?


Only positivess ness here is people only crib and do nothing

But Stll Mera Bharat Mahan...


 
Post ID: 157660 03-02-10 02:57:54
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ILOVENA
Senior Desi
Member since: Jan 09




Posts: 295
Location:


I am sorry, no one has replied to my post. I must thus assume that, this "hiring spree" that is mentioned is a classic example of fibbing by the media.

I know that companies in India are known to "plant" stories to distort the real picture and show them in good light, or to portray their rivals as monsters.


I guess I am right about this latest "hiring spree" too. - unless someone corrects me.

As for the job conditions, less said the better - these employees of software companies do work 10 to 12 hours a day, 6 days a week. Companies like Infosys have furnished bedrooms where employees can stay overnight - especially those who have travel far.

I have lived in India long enough to know how the private sector treats its employees. I thought the last 10 years have brought a change in attitudes. Sadly I am wrong!

I can rationalize it this way.......... which society can change for the better when the population keeps multiplying without restraint, and the government for reasons of vote bank politic, just looks the other way? We are happy with living in a dream world, believing that nothing wrong is happening. No wonder bollywood is such a hit!


 
Post ID: 157664 03-02-10 08:06:57
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JRF
Senior Desi
Member since: Jul 04




Posts: 1852
Location: GTA, Ontario


Ahh! Nice attempt once again to demotivate the struggling population here in Canada. No matter how many avtar / handles the OP change in last 4-5 years in this forum, your message never seem to change. It is heard. Thanks.
-----------------------------------------------------------------
The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM

 
Last edited by: JRF on 03-02-10 08:10:46
Post ID: 157665 03-02-10 08:10:05
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dan
Senior Desi
Member since: Jan 05




Posts: 449
Location:


Quote:
Originally posted by KumarM

Just curious. Has anyone seen the paystub of someone making Rs. 2 lakh a month? Is it CTC (cost to the company) / gross pay / net pay? Lot of desis tend to blow everything out of proportion to maintain the bloated ego. Marriages have gone kaput when the girl finds that the salary the guy mentioned was CTC, not the take home pay. Its not the boy's fault, its the parents who tell the BS.

KM



Are the marriages based on salary information in India ?


 
Post ID: 157667 03-02-10 08:37:51
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Contributors:
akkiluck(1)  dan(3)  Fido(3)  iamhyderabadi(1)  Iceberg(6)  ILOVENA(3)  indiarocks(1)  
JRF(1)  KumarM(4)  looklook(1)  Maharaj(1)  mkannuri(1)  mumdxbcan(1)  newton(3)  
ritz3645(2)  sumjo(5)  Vandematram(1)  
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