Hello friends,
My sister is working in Limited company. She is working as an HR Manager. But she is the only person taking care of all the HR policies in the company. It is not public listed. It has around 450 outlets which includes franchisees and branches. The employee number including all franchisees and branches is around 900. In total she has an experience of one year.
Now she is getting another offer, where she is getting around 60% increment. But the employee no. is less. Though the company is public listed but it has 5-6 branches in India and more than 400 employees.
This is also limited company earning very good profit. The location is little far than the previous location. They are having a contract of 2 yrs. therwise you have to give 6 months salary or six months notice, either of the two. after completing 2 years also she need to give 3 months notice or 3 months salary.
The query is, should she join the company or should she wait for some big brand name. But the big brand would pay less and the profile would be degraded, since the experience is less.
Please suggest what should be done because she has to sign the papers on 21st June 07.
Regards,
Pranita
From India, Delhi
1My sister is working in Limited company. She is working as an HR Manager. But she is the only person taking care of all the HR policies in the company. It is not public listed. It has around 450 outlets which includes franchisees and branches. The employee number including all franchisees and branches is around 900. In total she has an experience of one year.
Now she is getting another offer, where she is getting around 60% increment. But the employee no. is less. Though the company is public listed but it has 5-6 branches in India and more than 400 employees.
This is also limited company earning very good profit. The location is little far than the previous location. They are having a contract of 2 yrs. therwise you have to give 6 months salary or six months notice, either of the two. after completing 2 years also she need to give 3 months notice or 3 months salary.
The query is, should she join the company or should she wait for some big brand name. But the big brand would pay less and the profile would be degraded, since the experience is less.
Please suggest what should be done because she has to sign the papers on 21st June 07.
Regards,
Pranita
From India, Delhi
In my opinion if any company wants to enter into a periodic contact then there are chances that attrition rate is high in that company. and attrition rate may depend on factors like work environment, company policies, career prospects. So in my view, your sister should gather some more details about the company and then decide whether to join or not. Coz incase the above mentioned factors are not good then in that case she will have no option but to serve that company. Though the offer(60%hike) they are giving is quite tempting but one should consider all other factors too because if the HR manager is not satisfied and motivated then how can he/she be expected to satisfy other people.
Regards
Abhishek
From India, New Delhi
Regards
Abhishek
From India, New Delhi
Hi,
The contact terms are not encouraging.
Prefer to wait for a good company rather than going to a company with a tough contractual obligations. Now a days, no one recruit people who come and join after three months. Due to high attrition rate, they are putting tough exit barriers. Even after some time, if increment is not upto the mark leaving the company difficult due to these terms.
Please think again, as it is a decision on Career.
Murali.
From India, Hyderabad
The contact terms are not encouraging.
Prefer to wait for a good company rather than going to a company with a tough contractual obligations. Now a days, no one recruit people who come and join after three months. Due to high attrition rate, they are putting tough exit barriers. Even after some time, if increment is not upto the mark leaving the company difficult due to these terms.
Please think again, as it is a decision on Career.
Murali.
From India, Hyderabad
hi
pranitha
I want to say one point to that ur sister has just one year of experience
l can understand the problem u have now but as a true HR OR success full person u shouldnot go away from the situation. this is the time to prove urself. more responsibilities exhibits the inner abilities u have.
pranath
From India, Bangalore
pranitha
I want to say one point to that ur sister has just one year of experience
l can understand the problem u have now but as a true HR OR success full person u shouldnot go away from the situation. this is the time to prove urself. more responsibilities exhibits the inner abilities u have.
pranath
From India, Bangalore
Hi There..
I think that decision should not be hasty. It might lead to dissatisfaction later. But the priorities have to be set right in the first place.. whether she wants money or good brand and stable job. Incase money is the concern, then she should join this organisation for sure.
These days if companies really like a profile and want the person to join them, they sometimes pick up the bond amount on behalf of the person. Besides I think that two years would not be a long commitment incase she wants to learn something new. But this decision should only be made if she is unhappy in her present job. There is no point rocking a steady boat.
Personally, I would not have taken this offer because of the Bond and other restrictions although as an HR manager, I think that this is a very good clause to be put in the contract, it might help reduce attrition..
Regards
Avneet
From India, Gurgaon
I think that decision should not be hasty. It might lead to dissatisfaction later. But the priorities have to be set right in the first place.. whether she wants money or good brand and stable job. Incase money is the concern, then she should join this organisation for sure.
These days if companies really like a profile and want the person to join them, they sometimes pick up the bond amount on behalf of the person. Besides I think that two years would not be a long commitment incase she wants to learn something new. But this decision should only be made if she is unhappy in her present job. There is no point rocking a steady boat.
Personally, I would not have taken this offer because of the Bond and other restrictions although as an HR manager, I think that this is a very good clause to be put in the contract, it might help reduce attrition..
Regards
Avneet
From India, Gurgaon
The interesting point is that my friend who is working there has told that not a single person has tried to break the contract. Only the good candidates are told to sign the bond. She herself has signed five year Bond.
My another senior who is in the same industry since past 10 years has said that the employees are taken good care of in that company. Not a single person has come out of that company searching for a job to him.
But the other problem in the present company in which my sister is working, does not have any hierarchy. She is the whole sole person taking care of all the HR policies. In the new company she will get juniors at the executive level. So she would get to learn teamwork.
Regards
Pranita
From India, Delhi
My another senior who is in the same industry since past 10 years has said that the employees are taken good care of in that company. Not a single person has come out of that company searching for a job to him.
But the other problem in the present company in which my sister is working, does not have any hierarchy. She is the whole sole person taking care of all the HR policies. In the new company she will get juniors at the executive level. So she would get to learn teamwork.
Regards
Pranita
From India, Delhi
Hi
In such case, i think if enough market research has been done regarding the same, then there is no harm joining. But it is good to find out as to why such stringent bonds are there and is there any way out if at all...
From learning perspective yes, it could be true that she would learn team work and may be other rules and regulations as well because a compnay with such robust practices would have alot to teach as well. I am talking about all such things assuming that there is a positive bent of mind towards joinign this organisation and there may not be any point in getting confused or negative thoughts about the same now.
I think you both should close this decision now.
Regards
Avneet
From India, Gurgaon
In such case, i think if enough market research has been done regarding the same, then there is no harm joining. But it is good to find out as to why such stringent bonds are there and is there any way out if at all...
From learning perspective yes, it could be true that she would learn team work and may be other rules and regulations as well because a compnay with such robust practices would have alot to teach as well. I am talking about all such things assuming that there is a positive bent of mind towards joinign this organisation and there may not be any point in getting confused or negative thoughts about the same now.
I think you both should close this decision now.
Regards
Avneet
From India, Gurgaon
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