|Do you bond your Employees, or bond with them ?
The context of these thoughts is the tendency of software houses to obtain written bonds from their employees (mainly s/w developers) to keep the attrition rate low. The general opinion says thats the only solution to minimise loss.
Bond is surely not the 'only' visibe solution to keep the
employee-employer relation intact.
Granted, the IT industry is highly volatile. There are so many
opportunities for professionals that job hopping has become the name
of the game. You can seldom satisfy your employee for long. There
will undoubtedly be some one to entice him/her away with a heavier
pay packet and perks. In such a scenario, how is a company supposed
to safegaurd its interests ? How do you train your employees and
still have no fear that they will leave for greener pastures ? This
feeling of insecurity on the part of employers seems to have given
importance to the 'bond' phenomenon.
Firstly, is money everything ? Most employees will not think of leaving
just for money unless they feel they are badly underpaid. And if they have
salaries nearing the industry standards, other factors such as work
environment, job satisfaction and personal growth count heavily.
Secondly, are we IT professionals so irresponsible ? Do we have no sense of
commitment ? If we are happy or nearly happy with our job, will we desert
our current projects leaving employers at sea, and go somewhere else just
because we will get few takas more ? I doubt it.
In terms of employee-employer relationship, the bond is inconsequential.
If an employee is happy, we don't need a bond. And what good output will one
get out of a bonded but frustrated employee ?
Retaining people is an HR issue. That you have to bond people means your HR
is not up to the mark.
Those who give statistically detailed examples of the projects completed
because none of the persons on the team left it midway, and attribute the
success to bonds, should also count the number of talented professionals they
failed to attract for whom their bond meant losing freedom to be happy.
|Author : Your humble webmaster