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Mr.J
Innovator
If only he got a rupee every time media mentioned his name, his company would have been profitable by now.Another one
'No big achievement can come with work-life balance': CRED's Kunal Shah flags risk of Western concepts for India
Kunal Shah's remarks are somewhat similar to what Infosys co-founder Narayana Murthy said a few days ago when he asked youngsters to work harder if they wanted to see India compete with China and become number one or two in terms of GDP.www.businesstoday.in
Crapmypants
Herald
sharktale1212
Herald
I think different people have different meaning from what Murthy said.
To me it sounds the the age old grumpy old man speak - Today's youth doesn't want to work hard. They should spend X number of hours if they want to succeed.
That is also paraded along with see I works for X+4-5 hrs. (which is basically equivalent to "I have a black friend so I can't be racist logic).
This logic is sometimes used by "genius" CEO like Musk.
Sure there is some authority bias here and he is founder Emertius of a company but I don't really don't give a shit. He is an old man and he will spout some nonsense. Better to ignore him.
To me it sounds the the age old grumpy old man speak - Today's youth doesn't want to work hard. They should spend X number of hours if they want to succeed.
That is also paraded along with see I works for X+4-5 hrs. (which is basically equivalent to "I have a black friend so I can't be racist logic).
This logic is sometimes used by "genius" CEO like Musk.
Sure there is some authority bias here and he is founder Emertius of a company but I don't really don't give a shit. He is an old man and he will spout some nonsense. Better to ignore him.
roadrash99
Forerunner
He wants what will make him the most money, I want what will make me the most money, which is not working 70hrs a week. For these capitalists it's all about me me me until it's about getting the people to sacrifice, then suddenly it's 'us' and 'our country'. So many of these startups are registered in Singapore and other offshore locations just for tax evasion purposes.
Ir0nMerc
Explorer
He and his wife are pushing the agenda from quite some time. She said a few months ago that a fresher should live simple life like her, thus don't need more money and he should get paid no more than 24k. Which backfired at that time.
3 year ago Narayan Murthy suggested people should work for 60 hours and now he is suggesting 70 hours. How has his perception changed in just 3 years?
Combined these both and you will get the idea. They want to pay as little as they can to their employees and want them to work for longer hours. This is as straight as it can be. They are looking out for shareholders interest and has nothing to do with their own working style.
If they are really concerned about growth of country then why not pay more salary for increased hours. I am sure majority of employees will agree with 20-25% pay increase for 15-20% extra hours.
IT CEOs salary has increased 20-100x in last 10 years but fresher's salary increased ~50%. If we account for inflation, their salary reduced.
3 year ago Narayan Murthy suggested people should work for 60 hours and now he is suggesting 70 hours. How has his perception changed in just 3 years?
Combined these both and you will get the idea. They want to pay as little as they can to their employees and want them to work for longer hours. This is as straight as it can be. They are looking out for shareholders interest and has nothing to do with their own working style.
If they are really concerned about growth of country then why not pay more salary for increased hours. I am sure majority of employees will agree with 20-25% pay increase for 15-20% extra hours.
IT CEOs salary has increased 20-100x in last 10 years but fresher's salary increased ~50%. If we account for inflation, their salary reduced.
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I'm sure he gets paid in shares as bonus or perks so he is looking out for himself. Wife probably wants more gold ornaments during Diwali so she is making such demands.
Mr.J
Innovator
I think it's not that simple, the Murthy couple genuinely believe they are donating pearls of wisdom to people when they say things like this. And so far they have been held up on pedestal so we can't deny their egos have been boosted to the sky.
They are not the only such people. There has been an epidemic of hustle and grind culture across the internet. Dwayne 'The Rock' Johnson is also another guy who keeps posting motivational stuff about hard work.
Survival Bias is hell of a thing. We only know about people who succeeded. We'll probably never know about people who put in as much work but still failed. So we should take lessons about hard work from successful people with a grain of salt.
The best thing these people can do is realize their success is not just hard work but opportunities and luck is also a factor.
"It is possible to commit no mistakes and still lose. That is not a weakness. That is life." - Star Trek
''Can't Demand 70-Hour Work At 40-Hour Salary'': CureFit Founder Mukesh Bansal
The entrepreneur stated that one cannot virtue signal or shame people into putting in more hours at work.
www.ndtv.com
I don't know or understand why Interviewers don't ask these questions upfront. Murthy should have been questioned then and there about a proportional upside.
nRiTeCh
Oracle
Greece becomes first EU country to introduce a six-day working week
Greek people already work the longest hours per week in Europe. Now they may be forced to work a sixth day, after this Greek [government] decision...
Greek people already work the longest hours per week in Europe. Now they may be forced to work a sixth day, after this Greek [government] decision...
Its direction of economy the world is marching towards..
earlier we were talking about 4 days work week, and now this.
and of course these guys have got wrong info of India, where majority of your "hard work" is only counted as how many hours you stayed back in office after 6:30pm.
46hr weekly,.my foot.
https://www.euronews.com/next/2023/...countries-work-the-longest-and-shortest-weeks
"She Was At A Crossroads": Cousin Of EY Employee Who Died Of 'Overwork'
Anna Sebastian Perayil, the 26-year-old EY India employee who allegedly died of 'overwork' just four months after joining the company was supposed to get married this month, one of her cousins has revealed.
www.ndtv.com
RESULTS!!! of working 70 hours a week
Their are reports that people in their organization works for 12 hrs normally and in season 16hrs per day. plus no holidays at all. holidays are just in the name. no weekends nothing. no social life nothing else. This exploitation is of new CA's and articles. Female reported this and said that at least we are having some relief but for male counterparts is real bloodbath!"She Was At A Crossroads": Cousin Of EY Employee Who Died Of 'Overwork'
Anna Sebastian Perayil, the 26-year-old EY India employee who allegedly died of 'overwork' just four months after joining the company was supposed to get married this month, one of her cousins has revealed.
RESULTS!!! of working 70 hours a week
This is sad! I am shocked that CA's are having such time.
"She Was At A Crossroads": Cousin Of EY Employee Who Died Of 'Overwork'
Anna Sebastian Perayil, the 26-year-old EY India employee who allegedly died of 'overwork' just four months after joining the company was supposed to get married this month, one of her cousins has revealed.
RESULTS!!! of working 70 hours a week
"Mr Tharoor also said that he had agreed to Mr Joseph's suggestion to raise the issue of bringing in legislation capping work hours in public and private sector offices to eight hours a day, five days a week. "
For some of us, working long hours was the only way out of poverty, I didn't have much to start with but was willing to outwork everyone who was competing with me. These kinds of legislations have unintended consequences.
The whole story sounds odd (tries hard to evoke an emotional response, the Frost quote sounds so out of place). 26 year old's body can take a lot of abuse. Did she have any preexisting conditions?
cellar_door
Galvanizer
This kind of race to the bottom is what allows companies to exploit workers. And this is what makes up toxic work environments. One person can fight for their rights to have a normal life outside of work but someone there will always be willing to stand up and say "Exploit me sir. I will do whatever you want."
This is also uniquely Indian. I have worked with MNC's all my life and not a single person outside of India will put up with this. Even managers know it, they will exploit their Indian subordinates and treat foreigners with basic human dignity. And thinking like this will let them.
Hmm. My understanding was that both the Chinese and the Japanese did pretty long hours (996 and karoshi).