Today NASSCOM Emerge Forum in Chennai conducted a Panel discussion on “Proven Strategies by Emerging Companies to become Employers of Choice”. I was invited to be one of the panellist by Senthil Kumar of NASSCOM Chennai and Emerge Forum Chairperson George Vettah (CEO of Kallos Solutions). I shared the dais with Venkatesh Krishnamoorthy (CEO of Maarga Information Systems).
George started off the session with a positive message that Small & Medium companies in Emerge should approach and develop their HR strategies with an upbeat attitude, rather than as under-dogs to IT biggies in India. There is lot that SMEs can offer that the Biggies can’t deliver due to their weight.
I talked about 5-6 things that worked for us well at Vishwak Solutions. First is the Pay Package, it is important that Emerge companies are at least at the 80-85 Percentile for that role in your city, everything else you do comes next. Second will be to have the minimum hierarchy (though sounds cliché) between the Engineers & Management – this helps by saving cost got by reducing on the number of Senior Level Management talent, which can be passed on to Mid Level talent. Third, have a no-nonsense work atmosphere. Fourth will be to increase your communication during tough-times, mainly to quell rumours which hurt you more. Fifth will be for senior management/founder to get involved while recruiting, mainly to sell your company as a brand where they will want to work. Lastly highlight and provide people with as much Onsite/aboard opportunities; it makes them feel good and as a validation to their talent/performance.
There were about 40 people from various companies. The Q & A session was lively, with many interesting and thought provoking questions, that we enjoyed answering. Overall I was happy to have got a chance to share the panel with two experienced entrepreneurs of this city.