Source: http://www.gorecroot.com <http://www.gorecroot.com/>
HR in India had just about forgotten post Y2K and dot com vaporization.
7 years is definitely a long time in Software and BPO parlance. We had
all but forgotten that not long ago belts had to be tightened. Hardcore
professionals, professional recruiters
<http://www.gorecroot.com/fasttrack-recrooters.aspx> , and long term
players enjoyed the digestion process.
Coming up now are the following challenges:

1. An industry force that believes that salaries grow 20 - 30% every
year (perhaps twice a year would be good as well)

2. At least for India based companies, the government is talking about
having the Techies pay some corporate tax

3. HR that is grapling with attrition issues - not really the rate, but
the way it is done
HR in other verticals are commenting and do I see a smirk: You reap what
you sow. Perhaps it is time to go back, close the loop and pull some
good basics from Industrial Relations days.
Human Resource Management was (when it started a few decades back in
India) just the better dressed + business drink version of good old
Industrial Relations. Am just quoting someone who has been in business
for 3+ decades now. Did we lose sight of objective somewhere in the
middle? Somewhere when people were looked in 5 performance bands,
Comments anyone?
Any talking industry wide clean up acts yet? Isn't it about time?