‘Cut down notice period in IT/ITES sector to global standards’
Thomas Brenneke of Network Redux says with unmatched Indian talent, there should be a fair system for everyone to hire a good talent pool. Voicing concern over the extent of the notice period for IT/ITES workers who want to exit Indian companies, an IT company promoter in Kochi has suggested lessening the number of days on par with global standards.
The current 90-day notice period creates a lot of difficulties in attracting good talents, and it needs to be reduced to 30-60 days, said Thomas Brenneke, Founder & CEO, Network Redux, based in Infopark here. “Right now, this is a great concern especially for small and medium companies in India and it creates revenue loss as well”, he told BusinessLine in an interaction. The Indian talent is unmatched.
However, there should be a fair system for everyone to hire a good talent pool. The company raised this issue at the recently concluded NASCOM SMB forum. He said the industry body or the government should develop a regulation to this effect
From the Desk of Dayanand Mangaonkar