Narayana Murthy says Indian youth should work 70 hours a week
The main cause of unemployment in India is not enough skilled ppl to fill the jobs wherever required resulting in companies trying to make 1 person do the work of 6 persons as they are not able to hire 2 more qualified persons at reasonable salary so that each of them do work of 2 persons.
TheEngineer
Novice
Companies need to improve their earnings. The easiest way to achieve this is by cutting jobs and overworking the remaining staff. As better earnings, investors are pouring money into the company in hopes of better results. As the company grows, the economy benefits as well.
Companies are being selfish to report good progress numbers than the past; they are forced to this to gain attention of investors. Money decides here.
In today's world, companies, and governments are increasingly driven by numerical numbers. However, decisions shouldn't be based solely on numbers.
Companies are being selfish to report good progress numbers than the past; they are forced to this to gain attention of investors. Money decides here.
In today's world, companies, and governments are increasingly driven by numerical numbers. However, decisions shouldn't be based solely on numbers.
Darth Vader
Adept
Skills don't grow on trees and its perishable. Corporate need to invest money to train their resources they hire and not expect a Fresher/novice engineer to posses skills equivalent to 20+ yr experienced veteran.
I am talking about a typical engg graduate with a 4 year BTech degree not able to code a factorial function or make a coherent presentation to a group of half a dozen people. It is at entry level in pvt companies that Indian education system shows its complete failure.
Bring ethical regulations, proper human rights and enforce it properly. Corporations will then automatically find enough qualified man power from surplus workforce. Human social index / wellness will also progress hugely.
The whole thing happens in India partially because the country tolerates slogging, businessmen like the guy behind root cause of this thread cheer-lead slogging without any sense.
Only 51% Indian graduates job-ready in employability crisis: Economic Survey
Only 51.25% of India's graduates are employable, with significant challenges in vocational training and skilling, according to the Economic Survey 2023-24.
cellar_door
Adept
This is just sad in more ways than one. For a start, it shows a startling lack of self respect for yourself, your family and your time. I could kinda understand if you were grinding for your own business, but you arent even doing that.
And worse, it doesnt even work. Anyone who has spent any time in the corporate world will tell you that it doesnt work. You are working 16 hour days, throwing away the best years of your life for absolutely nothing lol.
EY's freshers' salary/benefits on glassdoor
How many of you, who are worried about EY's work environment, started off with this kind of salary/benefits?
This case has psyop written all over it. Do you know how many workplace deaths occurred in India last year? Why so much media/political frenzy over this one? All we have is mummy's 'work pressure' diagnosis and uncle's flowery prose.
Attacks like this are a very common pressure tactic. So far, china has been the main target (Nike, foxconn, H&M ... the list is long). Some of it is now being directed towards India. Expect more in the future.
How many of you, who are worried about EY's work environment, started off with this kind of salary/benefits?
This case has psyop written all over it. Do you know how many workplace deaths occurred in India last year? Why so much media/political frenzy over this one? All we have is mummy's 'work pressure' diagnosis and uncle's flowery prose.
Attacks like this are a very common pressure tactic. So far, china has been the main target (Nike, foxconn, H&M ... the list is long). Some of it is now being directed towards India. Expect more in the future.
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How conveniently you bring in conspiracy theories to justify overwork. Now what, psyop to kill a random corporate employee ?
Now, what ?
Tragic Work-Related Suicide: Software Engineer Electrocutes Himself in Chennai | Chennai News - Times of India
A 38-year-old software engineer in Chennai dies by electrocution amid reported work pressure and depression, highlighting the mental health crisis in the tech industry. Authorities are investigating the circumstances surrounding his death.
timesofindia.indiatimes.com
@guest_999
> Only 51.25% of India's graduates are employable, with significant challenges in vocational training and skilling...
Making 1 employee do the work of 6 people, later killing them is not going to solve the issue.
Rather, train enough employees for the job will bring in more employable people, better human life index.
About skills, CA exams are about merit and skills, no reservations, quota, etc. ? So there are no qualification or eligibility gap here ?
Bring in proper regulations against these kind of exploitation and issue will at least superficially solve, than whining in favor of corporations those don't a care a shit about people or society unless forced to.
Also:
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Moreover, this is not first rodeo for EY, another 2years old case, that too in Australia:
EY death: Friend says Aishwarya Venkatachalam complained of mean colleagues, racism before death
A friend close to the woman who was found dead at the EY’s Sydney offices said she had complained of “mean” colleagues and “racism in Australia” before she died.
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Training more ppl for longer times cost more money which works as long as economy is booming. Infosys used to train ppl for as long as 6 months in their campus in early to mid 2000s as told by some ppl I know. That 51% figure was for overall scenario in India, for this particular case I am guessing there were other factors maybe incl that qualified enough CAs command higher salaries because of demand supply gap so EA didn't want to spend more on hiring. I also do not correlate productivity with time spend in office/home, if 8 hours of work every day for 5 days a week gets the job done then that is enough even if doesn't get you some "best worker/hard working employee" award. If it is requiring 70 hours a week to get the job done then either something is wrong with the company financially (in which case leaving it is always better) or you are specifically being targeted for this in which case leaving is also recommended. Now if it is a rare case where almost everybody incl the ceo is working for 70 hours a week then that's a personal decision to continue with that company or not.
Isn't Indian economy booming ? Share market is all time high and growth predictions are winning over even developed country's growth rate.
> I am guessing there were other factors maybe incl that qualified enough CAs command higher salaries because of demand supply gap so EA didn't want to spend more on hiring.
EY don't want to spend more on hiring is just exploiting 1 person to do work of 6 persons. And cheerleaders glorifying the grind, let owners of company do the grind, not force employees to do it.
Though I partially agree that the person should resign and find new job, it will be chicken-egg-problem situation if enough jobs does not because companies are not appointing people and paying enough. Also, putting blame on the employee will still not end, will shame them for not being upto the slog grinding levels of more enduring wage-slaves.
Also,
Indian workers work longest, earn the least - in the whole world !
So, there should not be more excuses.
If country want to progress, it should respect human life balance utmost.
Some more recent incidents highlighting the same behaviour.
economictimes.indiatimes.com
Bajaj Finance worker dies by suicide after seniors 'mentally torture' him; family alleges he had to pay from own pocket if failed to meet targets
A 42-year-old manager at Bajaj Finance allegedly committed suicide due to work pressure, citing mental torture by senior colleagues and high recovery targets. His family claims he faced abuse in meetings and was threatened with financial liability for unmet targets. Authorities are investigating...