color="#000000">In
a move to curb down the rampant poaching of employees in between the
channel partners,
href="https://www.dqweek.com/compass-expo-takes-off">COMPASS
is about to finalise and implement an HR
policy following the preceding move taken by Siliguri-based ITAO. The
new policy, expected to be implemented on April 1, 2011 after the
Executive Committee meeting on March 15 which focussed on balancing
the prevailing trade practices by curbing down HR related
malpractices within the IT realm.
color="#000000">Also,
it
is learnt that the new HR policy will apply to the vendors also.
color="#000000">“
style="font-size: 11pt;" size="2">
size="3">It
is often noticed that in our trade, once an employee of an
organization (irrespective of channels or vendor) starts performing
well, another company eyes for poaching the person and often succeeds
in the move. This creates a very hazardous situation for the
company,” said KL Lalani, Chairman-Fair Trade Practices, COMPASS.
color="#000000">Also,
the
factor of employee poaching has started to become agonizing for
the channels, as well performing employees are asking for atrocious
salary rates and terms of service. “
face="Calibri, sans-serif">
face="Times New Roman, serif">IT
trading is not lucrative anymore and profits are already on the
decline. Now, with the performing employees asking for frightful
salaries, it becomes very cumbersome for one to carry on the trade.
This is a move to stop or atleast curb down such a scenario which
comapneis are creating,” Lalani added.
color="#000000">
style="font-size: 11pt;" size="2">
size="3">COMPASS
has sent circulars to all its members with the proposal for
implementing the new HR policy and has sought feedback over the same
by March 15 after which it will pass the resolution. “The proposed
anti-poaching policy will not only stop unethical trade practises but
also help companies keeping a track over its employees and their
activities by bringing them under the purview of the new scheme,”
said Pawan Jajodia, Spokesperson, COMPASS.