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India has mandatory EPF (India's counterpart of the 401(k)) contribution for salaried employees, and in cases of dual employment (i.e. dual streams of employer
by dartharva 2y ago
India has mandatory EPF (India's counterpart of the 401(k)) contribution for salaried employees, and in cases of dual employment (i.e. dual streams of employer deposits) it causes all sorts of issues and in most cases result in immediate blacklisting of the employee.
Also, labor protection for white-caller workers is non-existent in India. Basic expectations like fixed working hours, 5-day weeks, paid overtime etc are luxuries only attributable to the absolute top cream of employers (which mostly tend to be non-Indian MNCs). Other basic things like 2-week notices, flexible retirement and paternal leaves are just straight-up absent, even in top employers.
- jiggawatts 2y agoI worked with Indian off-shore and on-shore outsourcers, and their working conditions terrified me. These were IT consultants, and as you said, all but the tiniest percentage at the very top were treated like slaves.
- devnull3 2y agoThere are 2 types of companies in India at present: 1. Services 2. Products The product companies's culture and environment are on-par with silicon valley and this includes a good pay as well. Services is another matter. The fundamental issue is the business model. These companies earn revenue per person and hence the incentive is to over-staff or over-sell the people needed. There is no incentive to solve or be pro-active about customer's problems.