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Friday, August 31, 2007

Aztecsoft: Unable to Keep Pace

Aztecsofts position dropped from #7 in 2006 to #18 this year, one of the biggest drops within the list. While its showing in both HR and employee satisfaction, the sharper drop of 25 places was in HR ranks.

Aztecsoft is into one of the highest valued opportunities within the IT industrythe software product engineering space. But it listed itself too early in the game. That forced it to limit its exposure to risk. Aztec, to limit risk, targets larger ISVs, who usually outsource low-end work. That creates not just margin problems, it also leaves the (technology-crazy Indian) employees dissatisfied.

  

High Ratings

Industry Rank

Growth opportunities

9

Sense of accomplishment

12

Managers concern about growth of subordinates

13

Low Ratings

 

Standards of corporate governance

16

Relevance of appraisal system

16

Relevance of perks and benefits

18

Best Showing

 

Flexibility of office hours/balancing social life

3

Job content

5

Interpersonal relationships

5

KPM Das, 
Head, Global Operation

Being listed, the company often gets benchmarked against the IT services firms. So justifying larger salaries also is a challenge. However, the employees are fairly satisfied with the growth opportunities, thanks to the potential of the area.

Aricent: Training Slide-Show

The name change from Flextronics Software did not spell good news for employees as satisfaction levels dipped owing to confusion over future growth. Employees were also found to be dissatisfied with their individual overall growth in the company primarily due to managers not paying enough attention to growth prospects of their team members. Though Aricent introduced Skipa program that allows employees to interact directly with their managers manager undermining the possibility of any bias.

  

High Ratings

Industry Rank

Fairness of companys business practices

15

Adequate pay for the work done

15

The relevancy of appraisal parameters

15

Low Ratings

Managers concern about professional and personal growth of subordinates

19

Regularity and usefulness of feedback

19

Work-life balance

19

Best Showing

Technology one is working on

1

Job content

4

Salary & compensation

4

Aadesh Goyal, head-HR

Even though the company, claims it to have increased employee engament exercises by 20%, and established Nalanda University (an in-house training center) the HR score of Aricent went down mainly due to training. The company attributes slide in the HR score to its stress on the on-the-job training instead of the traditional classroom-style training.

Geometric Software Solutions: Niche Magic

For Geometric Software, a player in the high-profile engineering services space, it is a double-edged sword. While it attracts talent because of the excitement about the area, it has to incur all the training expense as very few trained people are available in this space. Further, the fact that many large services companies have entered this space means it is no longer a niche, and the employees benchmark it against the likes of TCS, Neilsoft, Patni, Rolta and Tata Technologies, all Mumbai/Pune-based companies playing in the same space.

  

High Ratings

Industry Rank

Value attached to honesty and integrity

16

Positive work environment

17

Open to ideas and suggestions

17

Low Ratings

 

Regular and constructive feedback from seniors

18

Standards of corporate governance

20

Leadership doing what is necessary for growth

20

Best Showing

 

Job content

1

Technology one is working on

3

Flexibility of office hours/balancing of social life

7

Rajiv Singh, VP-HR

Yet, the biggest concern for employees was not the pay packet or perks, it was corporate governance and leadership, which were able to drive growth. The company fared poorly in parameters such as value attached to honesty and integrity.

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