Financial times has interesting news-article and throws light on Challenge of doing business in china. It basically talks about abduction of trader Anil Srivastav by Chinese firm in order to settle business issue. This link from shanghai scrap has more background detail on this. China too is not resilient in this recent economic turmoil and… Continue reading Challenge of doing business in China
There was unimaginable fall-out in financial markets recently . Japan too was not different.Bear sterns, J.P. Morgan ,Merry Lynch , Citi-group and biggest of all Lehman !. Example of Lehman was very classic ,while employees were down with week-end hang-over they woke up with the bankruptcy news. Initially there was a ambiguity about whats gonna… Continue reading Bankruptcy and Employee Benefits
As long as there is some-one in your friend-circle earning more than you , you are bound to be unhappy. Firm don’t want you to be unhappy and hence forbid you to discuss about compensation. Humor apart , but back in India I found that this is common topic around water-cooler among friends. I was… Continue reading Salary and Confidentiality
Indian Blogs are buzzed with different views about Jet-layoff . Responses varies from Corporate social responsibility of jet to unavoidable nature of lay-offs . Though the different views are genuine and true in its nature , the fact remains that Lay offs are reality of our times. ( Air-India’s so called unpaid leave is essentially… Continue reading Unavoidable Lay offs & Coping with them.