ex­hibit 02: preser­va­tion of tal­ent pool in the it firm in ‘to be’ con­di­tion over busi­ness cy­cles

The Smart Manager - - Hr -

Busi­ness cy­cle stage 01 Fa­vor­able busi­ness cy­cle The repos­i­tory of talented em­ploy­ees is higher than the non-talented em­ploy­ees.

Busi­ness cy­cle stage 02 Chal­leng­ing busi­ness cy­cle Talented em­ploy­ees does not leave the or­ga­ni­za­tion for other big­ger/ bet­ter In­dian IT firms as the new com­pen­sa­tion pol­icy sat­is­fies the talented pool of em­ploy­ees. Since there is a freeze in re­cruit­ment in the small IT firms, the level of talented to non-talented em­ploy­ees re­mains more or less sim­i­lar to stage 01.

Busi­ness cy­cle stage 03 Again in the next fa­vor­able busi­ness cy­cle, talented em­ploy­ees con­tinue to re­main in the or­ga­ni­za­tion rather than opt­ing for other big­ger/bet­ter In­dian IT firms as the new com­pen­sa­tion pol­icy sat­is­fies the talented pool of em­ploy­ees. In fa­vor­able busi­ness con­di­tion, re­cruit­ment starts in the small-sized In­dian IT firms. Since there is a good level of talented em­ploy­ees rel­a­tive to non-talented em­ploy­ees in the or­ga­ni­za­tion most of the new re­cruits who get added in the work­force is, in this case, talented. This fur­ther main­tains the pro­por­tion of talented em­ploy­ees in the small In­dian IT firms.

Busi­ness cy­cle stage 04 Again in the next chal­leng­ing busi­ness cy­cle talented em­ploy­ees con­tinue to re­main in the or­ga­ni­za­tion rather than opt­ing for other big­ger/bet­ter In­dian IT firms as the new com­pen­sa­tion pol­icy sat­is­fies the talented pool of em­ploy­ees. Again in the chal­leng­ing busi­ness con­di­tion, re­cruit­ment freezes in the small-sized In­dian IT firms. But in this case and stage the level of talented em­ploy­ees to non-talented em­ploy­ees in the or­ga­ni­za­tion re­mains con­stant, and thus, over­all by this stage, the tal­ent pool does not de­te­ri­o­rate in the or­ga­ni­za­tion.

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