Tech Mahindra officials met the Satyam staff in Hyderabad
Here is a verbatim transcript of Raja Rajeshwari’s comments on CNBC-TV18. Also watch the accompanying video.
Tech Mahindra has finished their meetings with Satyam, they have been toHyderabad where Anand Mahindra spoke to the employees and now they have concluded it in Bangalore
Tech Mahindra said that Satyam would remain a separate company and added that they were looking at brining down costs. They states that employees on the bench could look at a lateral shift to Tech Mahindra. The company is trying to resource and optimize the people in Tech Mahindra and the ones on the bench in Satyam and look first at hiring from within the two companies and hire from the market only if needed.
The appraisal season has started in Satyam, it usually starts from mid-April and goes on till mid-June and we get results by July but this time employees are saying that this could end early and one would get to know you are going to be awarded for the kind of performance one has done for the past year or not.
A sabbatical policy is being put into place, this means if you are on the bench for more than two months, you would be told to go home with or without pay and as an when business comes into place, you would be called on to come to the job.
This is something which they have been talking at various meetings over the past two to three months. Nothing is concrete right now as to with or without pay and how are people would be eligible for it, but this is the first thing that could come into cost optimization
Here is a verbatim transcript of Raja Rajeshwari’s comments on CNBC-TV18. Also watch the accompanying video.
Tech Mahindra has finished their meetings with Satyam, they have been to
Tech Mahindra said that Satyam would remain a separate company and added that they were looking at brining down costs. They states that employees on the bench could look at a lateral shift to Tech Mahindra. The company is trying to resource and optimize the people in Tech Mahindra and the ones on the bench in Satyam and look first at hiring from within the two companies and hire from the market only if needed.
The appraisal season has started in Satyam, it usually starts from mid-April and goes on till mid-June and we get results by July but this time employees are saying that this could end early and one would get to know you are going to be awarded for the kind of performance one has done for the past year or not.
A sabbatical policy is being put into place, this means if you are on the bench for more than two months, you would be told to go home with or without pay and as an when business comes into place, you would be called on to come to the job.
This is something which they have been talking at various meetings over the past two to three months. Nothing is concrete right now as to with or without pay and how are people would be eligible for it, but this is the first thing that could come into cost optimization
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