Build your professional network on facebook via our app Go to app
 
 
 
Created by : Jayesh Jain, Software Developer, MS IT  | 02 20 2010 09:15:13 +0000
Industry : Radio, TV & FilmsFunctional Area : India(Markets)
Activity:  858 views;  last activity : 07 06 2010 20:18:09 +0000

In the largest recruitment drive since Tech Mahindra Ltd. took over Satyam Computer Services Ltd. in April, the fraud-hit company plans to recruit more than 4,000 employees by May. Satyam, now operating under the Mahindra Satyam brand and striving to recover from charges of financial irregularities that damaged it last year, will hire about 2,000 fresh graduates by March and about 2,000 experienced staff by May, the person told Dow Jones Newswires. Currently, it employs about 30,000 staff.

But users, after the huge fraud done by Satyam last year, do you think employees will be interested in joining it any more?

 
 Refer 771
Share
 
 
  Rate : 
 
 
Yes Vs No
41
 
 
 
 
2
22
2
Support   Support
Top Argument
11
0

For an employee, work and money is the prime two concern. Employees never complained about Satyam till they lost their jobs. This shows only their frustration nothing else. Further more, this time, Satyam is operating with Mahindra which already has a good brand image in the market. So, if Satyam is paying a good amount of money, I don't think any employee will deny that offer.


By Gargi Sinha, Senior Consultant, Hewitt Associates  02 20 2010 09:17:07 +0000
 
Top Argument
3
5

I don't think any employee will be interested in Satyam anymore after it committed so big fraud. Even if they do consider it, it will be the last option for them. If we see any employee joining Satyam, we should understand that he didn't get chance anywhere else.


By Jayesh Jain, Software Developer, MS IT  02 20 2010 09:15:13 +0000
0
0

Its a good company to work for sure, its only the problem with the management level. why will not engineers take this way.. definitely i will be back to its.. position for sure..


By A K Jilani, Software Developer, IBM  | 03 26 2010 06:21:59 +0000
0
0

Well, I would definitely would if given a chance ;) ... I think they do have quite a handful of clients , and they still, I believe, are the official IT provider for the FIFA World Cup in SA.


By Aathif , Software Developer, L&T Infotech  | 03 15 2010 18:25:21 +0000
4
0

Question .. why job hunters, specially the freshers may not join Mahindra Satyam, if selected ? Yes, they should join. As usual, 'job-hoppers' might flee the company as and when found warranted.

 A relevant topic here  ... for the "scam" in Satyam, who were the biggest loosers ?  .. .. Ans. :  The (stock) Investors as it happens in every case. They lost their fortune as they were / are the owners.

The staff and employees, during the period of crisis, might have, in some cases joined some other farms .. and even now they may come back. Nothing to be wooried for .... now business as usual ..!! Only exception : the-then share holders are lamenting.

 

 


By ASOKE KUSARI, Domestic Private Banking-Executive/Manager, A large leading PSU Bank - India  | 03 10 2010 15:46:39 +0000
0
0

It is not wise to think the organisation is not good because of few top level people who did wrong. There are many people who is looking for a opportunity. i hope Satyam will have good growth after Mahendra owned it.


By Rohini Ganji, Test Lead, RNTBCI  | 03 10 2010 10:15:22 +0000
0
0

I agree with you Gargi... for an employee money and work is the prime concern. Employee would never deny the offer from Mahindra Satyam or for that matter any other company.

We should praise Satyam HR team during the hard time of financial instability HR team was able to retain their staff.

Employees joining Satyam would also look at that during hard time Satyam management did not fire any of their valued staff.

 


By Nipoon Tandon, Global HRSS Lead, Control Components Inc  | 03 04 2010 10:01:52 +0000
1
0

Yes why not. It is not the employees who are to be blamed for the misdeeds of their directors. Plus if they are hiring 4000 employees, there definitely must exist a market for it. No one would like to hire just for the heck of it. I see no harm in Satyam returning to its old glory under the guidance of Tech Mahinrdra


By Jaygopal Raghavan, Marketing Manager, Landmark Group  | 02 28 2010 18:28:41 +0000
0
0

Satyam has been a very good company. Just because the owner was involved in some irregularities, the brand value will not be damaged. More over after the acquisition by Mahindra, it has become stronger. I think all job seekers particularly youn people will be willing to join to get good exposure.


By Murali K Balla, Technical Support Manager Atkins  | 02 25 2010 14:20:28 +0000
0
0

I agree with Abhijith, the employees where treated in good manner and they did not have any issue with the company. Satyam as a company still has its name. So I don't think employees will hesitate to join.

:)


By Leena Pawar, Tech Architect, IT Infotech  | 02 25 2010 13:42:33 +0000
1
1

i think there should not be any hesitation or doubts to join SATYAM company and now it has merged with mahindra and now it  is mahindra satyam .mahindra has a good brand name.


By Rashmi , joint secreatry in media and journalism manangement (BBM student)  | 02 24 2010 14:09:20 +0000
2
0

What SATYAM had done is a past for now,i think.So effect of that mishap could not bring any conflict on an employee.So far our salary & projects are concerned i think SATYAM is all over that now.

     Even SATYAM is working with Mahindra there should not be any problem regarding projects which is the backbone of a company.So i think there should not be any hesitation for joining SATYAM-MAHINDRA now a days.


By Sumeet Biswal, B.Tech/B.E. student, Veer Surendra Sai university of technology,Odisha  | 02 23 2010 16:39:55 +0000
3
0

Satyam was never a bad company to be in for the employees. The top management's actions barely affected those who remained with the company except for the shortage of cash in the company. Some people were fired but so were they in many other companies. 

 

Now, the people who remained with the company are enjoying good bonuses and a good salary. It might have been a rough ride but it sure was profitable in the long run. I would have no qualms about joining the company now.


By Abhijith Shashidhara, Game Tester, EDS-HP  | 02 23 2010 14:34:47 +0000
1
0

Employees look for their career growth and also money.So if Satyam can provide this,i think there will not be many who says "NO".I think there was a internal grip even in tougher times.So i think it can come across this.


By pavithra.hj , IT Recruiter, Tritium Consulting Pvt Ltd  | 02 23 2010 11:17:58 +0000
1
0

yes . i think the people who are job less and those who want to build their carrier in one of the biggest IT company in india are defnatly join in sathyam .


By jalli sunil kumar, sales executive, univercell telecomunications india pvt ltd  | 02 23 2010 10:23:59 +0000
1
0

I think that for most of the employees it is the money and job profile that matters the most after the Company's name. Even after Satyam put most of its employees into Virtual Programme, it didn't lay them off and they had the option to look out for new job while other companies decided to lay off its employees.


By Rajiv Shekhar Bhandari, Presales & Business Development (U.S.), Magic Software Pvt. Ltd.  | 02 23 2010 06:55:37 +0000
2
0

Jayesh, I respect your view. But the fround was done by few top people of company and still by the time company has made itself more stable by its way of operational operations. Today people from MNCs are joing back Satyam.

I never heard that Satyam company closed or rejected or didn't go for any project due to internal issue ? Some of the customers has opted to work with different vendors. Satyam has delivered all the assigned projects and tasks even during those tough days.

So the internal strength of company is still very strong and now with the Mahindra Satyam, it has grown further and keep the pace of growth with each passing day.


By Atul Kumar, Project Leader  | 02 22 2010 08:49:16 +0000
2
0

Satyam as a company and brand was always great and with Mahindra Satyam, it is growing further most. The people of Satyma make the company survive and come out of the problem in just few weeks. The image of company was tarnished by few top people and employees over took those issues with dedicated work, professionlism, determination to survice and strength. Some tough decisions were taken which was need to hours to save the whole company.

With stable company MSat, more customers are coming back, economy is growing and so the Satyam company. It is welcoming back all the old people and giving space to new ones as well. Poeple are taking it as very positive sign. More and more people will join the company in coming days to make it one of top most company of India and world.


By Atul Kumar, Project Leader  | 02 22 2010 08:42:43 +0000
1
0

I think that is a good sign for Satyam to be back from doll-dum's..... They are lot of people who are eagerly waiting for a job .........those guys would pick it up........but not who is in a comforatable position


By Kuladeep Kumar Reddy Yeduru, Manager - Human Resource  | 02 22 2010 08:42:39 +0000
3
0

What happened at Satyam was the fault of a few top people and a governance structure that failed. Now that it is under a more reliable leadership and management, why should there be anything negative about joining it?

I say that it is a positive thing that Satyam is now in a position to hire people.


By RAMESH KANDADAI, Principal Consultant, ARM Consultants  | 02 22 2010 08:25:04 +0000
2
0

I believe most of these recruits would be freshers and trust me in today's scenario they would kill for a job. It's not a matter of choice.


By Suvrajit Gangopadhyay, B.E. (Elex. & Comm.)  | 02 20 2010 17:50:47 +0000
2
0

For any thing in the world has both good and bad times its a cyclic process. people neither be happy for good things happened  nor they'll keep thinking about the bad thing happend in d past and lose the opportunity,If they lose its heights of stupidity!!

According 2 me people joining Sathyam now doesn't mean that they never had opportunities else where, its only people want 2 experience the change in Sathyam and only challenging people go 4 sathyam. its the attitude matters here, FAILURE IS NOT THE END OF THE STORY!!!!  Mahendra Sathyam again grows.


By Swathi S, Career development Manager, IIPM  | 02 20 2010 13:57:16 +0000
3
0

Yes ..of course....if they have mind set about falls down of SATYAM empire...they should remove this because..SATYAM is now MAHINDRA SATYAM.....its a name which is BOUND TO SUCCEED


By Nitin M Aras, XYZ  | 02 20 2010 09:25:23 +0000
2
1

Mahindra Satyam still legally remains "Satyam Computer Services Limited”, so the key issues at hand will be the liability in terms of the Class Action Suits and the Settlement of UPAID.  Though Mahindra Satyam has recently negotiated the UPAID dispute for 70 million (as the news papers say), proper execution in terms of payment and a settlement agreement is the key. It is strange that the company has put thousands of its employees on VPP (virtual pool) and is hiring fresh instead of reinstating these techies!!! The company still would require to assess the deals on the table vis a vi the ratio of it employees on bench and VPP. Too early to comment if more VPP(payment of basic salary only from the CTC) would happen!!

Professionals do seek for monetary gain, but stability at work increases work performance and diligence. I feel it is too early to say that the company has been revamped entirely!! The yet awaited reinstatement of its accounts,analysis of its profit margins is another parameter of concern.

Delivery teams may be delivering projects but at what  profit percentage!! the assessment still needs to be disclosed to the stake holders!!

Yes!! The brand name of Mahindra has worked a lot, but it’s still miles to go!!

With the job market opening up, Mahindra Satyam would be a later choice unless the role is a Key Front ending remunerative one!! A key Role ahead for risk takers both in business ad well as support functions!!

 


By Namita Prasad, Senior Manager (L&C), Verity Knowledge Solutions(UBS affiliate)  | 02 23 2010 06:21:44 +0000
A executive search and recruitment firm
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
These days, the biggest thing that impacts employees and their families is retrenchment. A good...
 
1057 referals 9 arguments, 81 views
                                 WIPRO is planning to re-hire some of the employees it laid off...
 
176 referals 20 arguments, 1123 views
What do we feel will the IT growth in india be effected from the Satyam's Fraud
 
129 referals 16 arguments, 334 views
more...  
Recent Knowledge (81)
Development is always necessary and it needs money. Do you think Padmanabhaswamy temple should...
 
1768 referals 40 arguments, 208 views
yes vs no
 
0 referals 3 arguments, 13 views
The lace of Indian IT has been high. But there seems to be a saturation here. The growth has...
 
1913 referals 9 arguments, 190 views
more...  
More From Author
Android is the latest OS but it isn’t as refined as the Blackberry OS. Blackberry is ‘business centric’ whereas Android is more ‘app centric’. So it depends what exactly do you want. For Business oriented people Blackberry will be the king.
Good article sir, but how are we going to change our political system.... ????
more...