Do you tweet?
I started tweeting around Apr 2007. But stopped after a month with no particular reason. I am getting inclined towards restarting now.
An interesting statistics from Twitter's blog on number of tweets during the World Cup Football finals.
•The World Cup final represented the largest period of sustained activity for an event in Twitter’s history.
•Throughout the match, Tweets-per-second (TPS) were much higher than average; during the game’s final 15 minutes, this jumped to more than 2,000 TPS. (Spain’s winning goal in the final scored a 3,051 TPS.)
•During the final, people from 172 countries tweeted in 27 different languages.
•At the moment of the winning goal, people from 81 countries tweeted in 23 different languages.
Read rest of the statistics and do check the infographic from here.
Tuesday, July 20, 2010
Thursday, July 15, 2010
Smart Move
For a long time now, I have been thinking, why not these IT companies in India come to an agreement (may be with the help of NASSCOM) & come up with min-max salary levels for their employees based on experience, skill levels & roles (just like how the prices of Pepsi and Coke are same). This may help to stop attrition to some extent especially jumping ships for the same role with (way) higher salaries.
Everytime a team member comes to me with his resignation quoting his offer in hand with >50% hike, I stand helpless and let them go with nothing much that I can do to stop them. This agreement among the IT companies will in fact help them to control the spiraling wage increase (not that I am against getting a huge wage increase).
Today when I read this news I was a bit surprised. Though it's not exactly what I have been thinking I think it is a good move and this may be a step towards achieving what I envisaged(!). I am sure the top guys in the Indian IT industries would have already thought about this. Who knows they might have already discussed & dropped or the discussion may still be on.
Snippets of the news...
In Pune, IT companies in Hinjewadi IT park managed to seal a pact under which they will hire from rivals only after candidates have fully served out notice periods.........The companies have also agreed that new employees cannot join without a relieving letter from the previous employer
So suriprised to see how much money these companies loose because of the attrition.
...These companies have been crippled by 17% attrition leading to an estimated loss of about 5% of total revenues — about Rs 850 crore — every year....
Smart move, right?
Everytime a team member comes to me with his resignation quoting his offer in hand with >50% hike, I stand helpless and let them go with nothing much that I can do to stop them. This agreement among the IT companies will in fact help them to control the spiraling wage increase (not that I am against getting a huge wage increase).
Today when I read this news I was a bit surprised. Though it's not exactly what I have been thinking I think it is a good move and this may be a step towards achieving what I envisaged(!). I am sure the top guys in the Indian IT industries would have already thought about this. Who knows they might have already discussed & dropped or the discussion may still be on.
Snippets of the news...
In Pune, IT companies in Hinjewadi IT park managed to seal a pact under which they will hire from rivals only after candidates have fully served out notice periods.........The companies have also agreed that new employees cannot join without a relieving letter from the previous employer
So suriprised to see how much money these companies loose because of the attrition.
...These companies have been crippled by 17% attrition leading to an estimated loss of about 5% of total revenues — about Rs 850 crore — every year....
Smart move, right?
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