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Showing posts from October, 2011

Celebrating Diwali - A Corporate Experience

Diwali, the festival of lights, is a not only celebration of the triumph of good over evil, but is also a celebration of positive synergy, camaraderie, optimism and goodwill within the teams and across the organization. Set right at the onset of the mild and pleasant winters in the South, Diwali welcomes in the festive season which continues till the end of the year. At Four Soft we understand the significance of Diwali, as a time to celebrate our success and achievements, put all negative performance (if any) behind us and look with optimism to the year ahead. Right since the initial days, we understood that to be a successful organization we have to use occasions like Diwali to announce all important things to the staff so that they understand and continue their engagement with the organization having the right amount of faith, hope and belief in the future. The Diwali celebration is typically done a day before Diwali at Four Soft, a tradition which has been continuing right from t...

Market standard for Salaries

The often used term when benchmarking salaries are “market” or “industry” standard, however these terms are often vague and the salaries ranges (upper-lower limits) quoted are often huge to make any real sense either to a prospective candidate or to the organization in general. Though in essence it is a handy tool to have, it often loses significance when the job requires high levels of technical or functional skills and/or it is in a knowledge intensive industry like IT or Pharmaceutical. Even for a standard role like software engineer in the IT industry, the average or median salary can fluctuate hugely based on parameters like education (including graduating college), experience, technical skills (including certifications), city, organization worked (type, reputation, size etc.) etc. Moreover the demand and supply of qualified resources in the market based on the prevailing macro-economic conditions also impacts the market standard salary significantly, wherein in a recession marke...