Letter Of Intent Vs Offer

Hi Everyone...

1. According to me it would not effect the brand image of a best Employer or it will reduce the competitive advantage of Employers, as the situation was held when these companies were going through treamendous Economic slowdown.There was no such incident was found in past that these companies have withdrawn employment of fresh employee. They were almost impelled to go throgh the situation to cuscade down their employees, when the whole world was going through tremendous financial turbulance. If the fact is true then they must be going through maximum financial crunch, otherwise they would have never do it, as they have very good HR policies and employee retention scheme. These companies believes that the employees they have are the most valuable resorces they have and they are the main strength of the organization. But it is also true that if it is done repeatedly, the good faith of the best employer may be affected while IIT students are concerned.

2. I don not agree with the Infosys spokesperson statement that they have not withdrawn any employment. They have coveyed their massage in a very tricky and clever manner. They were trying to escape from the tough situation to avoid to be called as guilty party. Rather they have act ina very assertive way to handle the critical situation. In such conditions they should always be transparent on their views as the whole world was going through the same financial turbulant condition. Their speech was quite clear to understand that they are taking any of the students to whom they have provided Letter Of Intent. Rather this type of statement could affect the Brand Image of a best Employer.

3. If i would have been the place,ent officer at IIt, Mumbai, I would rather follow the below mentioned steps to rejuvenate the student who all are suffering in the situation.

a) I would clarify them term and condition of different companies HR policies and legal agreement of the same to clarify the clear idea of Letter of Intent.
b) Would allow to access HR desk as and when required and would extebd whole hearted support to them to console.
c) Suggestions for future prospective and forthcoming job oppprtunities.
d) Would arrange different training session on HR to strenthen their mental health.

4) None of my friends have gone through this kind of situation ever.