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It's been my understanding that many Indians took a 30% paycut due to the covid related hit on the economy. It seems like paycuts without cutting jobs seems to
by anon20201221 6y ago
It's been my understanding that many Indians took a 30% paycut due to the covid related hit on the economy. It seems like paycuts without cutting jobs seems to work better in Indian corporate culture as opposed to USA where companies will just cut the jobs entirely. The first pay cut seems to reflect that and isn't surprising.
The next pay cut is surprising - the economy in India has been on recovery and global demand for Apple devices is not an issue. I'd keep eyes on the local company executives, many of whom probably walked away with large Diwali bonuses thinking they are kings for bringing Apple manufacturing to the area. They're the ones to blame for not bringing on more HR resources.
Why yes, Apple does have responsibility for vetting suppliers, this specific factory seems to have gone sour very recently and the workers didn't let them get away with it. Apple seems to have acted appropriately with a probation and the local/national governments of India are also responding in a positive manner I believe will create stronger policies supporting tech manufacturing that properly care for staff and corporate oversight needs. I believe there will be closer eyes on the BMW driving corporate staff who hopefully will not continue behaving like kings.
- mgkimsal 6y ago> paycuts without cutting jobs seems to work better in Indian corporate culture as opposed to USA Most of the folks I know who've had jobs affected by this had a mix. Some people were laid off, some had hours cut, some had pay cut - sometimes at the same company (different workers affected differently). I don't think there's an across the board "one approach fits all" that companies have taken in the US.
- cosmiccatnap 6y agoI'm pretty sure a pay cut is in direct violation of contracts with the company. If the shoe were on the other foot and you owed the company I doubt it would go over so well. We need to ensure that these companies hold up their end of the deal even if they go under, nothing should be too big to fail