1. Do you think "Cancelling the Job Offers" at IIT Mumbai would affect the "The Best Employer Brand Image" of these firms and thereby reduce their competitive advantage?
Few of these companies listed here advertise in the daily newspapers clearly mentioning that people need to have a consistent academic record throughout 10th, 12th, Graduation and post Graduation. So what are these companies trying to achieve take the best and trying to give the good. Really not taking the good and giving the best. So use of such statements in the newspaper itself clearly indicates that these companies do not really worry about their Brand image by giving such Ads. Imagine if every company will adopt this policy so where will the other students who are/were not able to have a good academic record because of various situations they faced will end up with, does that mean they don’t have a bright future/they cannot perform better. By joining these companies the best are modified to good. According to me these companies do not have a brand image and they are exploiting the resources to the best of their interest.
2. Do you agree with Infosys Spokesperson's statement that Infosys had not really cancelled any job offers since what they had given to the students was only "Intent of Offer"?
But definitely there will be certain sections or clauses listed in the intent of offer that the intent of offer is cancelled if you fail meet the below mentioned conditions. But then it does not mention anything about the what if the Intent of Offer is cancelled by the company itself. So that is something should be thought of. Also in a growing economy like India we/students should really not worry about such issues, because there is always a better tomorrow. But companies are making advantage of this attitude of the students and exploiting us.
3. If you were the placement coordinator at IIT, Mumbai, what would you do to resolve the placement issues present in the above case?
First thing prior to the Intent of Offer I would have negotiated for a clause mentioned in the previous point and ensured that it is part of the Intent of Offer. Post this if such a situation arises would have tried my best to make them responsible for the action come to the negotiation table and tried to mitigate so that at least students get some exposure in terms of training etc.
4. Have you or any of your friends gone through similar experience where the job offers or intent of offer has been cancelled by the prospective employer? If so, how did you or your friend handle the issue?
Yes I had come across this kind of situation twice in the same company few years ago while recruiting two resources. I handled in such a manner that finally the resources were absorbed into the company. Like I started speaking about brand reputation, ensured I escalate to right line for action, told them the other end the resource is already put his papers and is about to join. Put forth their strengths in these areas proved that these resources will be a asset to the organization.
Few of these companies listed here advertise in the daily newspapers clearly mentioning that people need to have a consistent academic record throughout 10th, 12th, Graduation and post Graduation. So what are these companies trying to achieve take the best and trying to give the good. Really not taking the good and giving the best. So use of such statements in the newspaper itself clearly indicates that these companies do not really worry about their Brand image by giving such Ads. Imagine if every company will adopt this policy so where will the other students who are/were not able to have a good academic record because of various situations they faced will end up with, does that mean they don’t have a bright future/they cannot perform better. By joining these companies the best are modified to good. According to me these companies do not have a brand image and they are exploiting the resources to the best of their interest.
2. Do you agree with Infosys Spokesperson's statement that Infosys had not really cancelled any job offers since what they had given to the students was only "Intent of Offer"?
But definitely there will be certain sections or clauses listed in the intent of offer that the intent of offer is cancelled if you fail meet the below mentioned conditions. But then it does not mention anything about the what if the Intent of Offer is cancelled by the company itself. So that is something should be thought of. Also in a growing economy like India we/students should really not worry about such issues, because there is always a better tomorrow. But companies are making advantage of this attitude of the students and exploiting us.
3. If you were the placement coordinator at IIT, Mumbai, what would you do to resolve the placement issues present in the above case?
First thing prior to the Intent of Offer I would have negotiated for a clause mentioned in the previous point and ensured that it is part of the Intent of Offer. Post this if such a situation arises would have tried my best to make them responsible for the action come to the negotiation table and tried to mitigate so that at least students get some exposure in terms of training etc.
4. Have you or any of your friends gone through similar experience where the job offers or intent of offer has been cancelled by the prospective employer? If so, how did you or your friend handle the issue?
Yes I had come across this kind of situation twice in the same company few years ago while recruiting two resources. I handled in such a manner that finally the resources were absorbed into the company. Like I started speaking about brand reputation, ensured I escalate to right line for action, told them the other end the resource is already put his papers and is about to join. Put forth their strengths in these areas proved that these resources will be a asset to the organization.
Hi every one,
ReplyDeleteI quite agree with the information from Mr. Satya Sahoo as highly appropriate, it speaks more on organization ethics. Companies are doing their best to deal with changing scenario and trying to save their brand image. Infosys may be technically and legally right, but it is ethically wrong. They tend to present themselves as unaffected by the slowdown when they send the offer letters. They go ahead with fresh recruitments in the first place when those recruited from the last batch are simply sitting on the bench. This approach of course spoils the brand image when they send regret letters to prospective students to look for other options after completing the final selection process and providing offer letters. In future, when ever Infosys will go for recruitment specifically from IITs, the students may not be interested to join with.
In the statement, where Infosys spokesperson says, Infosys had not really cancelled any job offers since what they had given to the students was only "Intent of Offer", shows that the company in one way exploits the mass with this power. Offer letter in general speaks about the faith and trust from both sides.
The statement made by Tata Infotech Managing Director, Nirmal Jain in this respect makes some sense of hope to the prospective students. In fact it seems that they have realized the over estimation of recruitment with respect to the current slowdown and have asked couple of students to look around as the current position is very tight. Although they have deferred 11 jobs, they have also accepted the gravity of slowdown crisis and promised the students that as and when things improve they would be the first people to get the positions.
As a placement coordinator, I would also prefer to most effective methods of ensuring good placement experience by achieving optimum match with the selective employer having sound past records with respect to healthy HR policy. During economic recession, it would be preferred through conducting regular survey of employers and students.