Monday April 23, 2018

Are Indian Techies safe abroad?

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By Aakash Sinha

In this era of globalization, competition is increasing in every field. In India, jobs in IT sector are multiplying day by day and the craze among the employees to go abroad is on a high note.

Nirman Jain, an employee in the reputed firm ‘IBM’ was very proud upon his first onsite posting in Jordan but his family had security concerns. On the borders of Syria and Iraq, this country is at a high risk location.  These locations are sometimes good for you as companies pay a hefty package and allowances.  IBM paid him a daily hardship allowance of about 40 Jordanian Dinar (roughly Rs.4,000). He was able to buy a house in Bangalore after spending three years in Jordan continued in South Africa.

But these packages are not given by all companies. Another employee, Rahul Bhatnagar working in a large Indian IT firm didn’t got a single penny extra after working in Iraq for 3 years. He also had a narrow escape from the country couple of times. Finally, he is back to home after resigning his job.

Rules and Regulations monitoring Allowances

IT firms like IBM, Cognizant etc. are bound to give extra allowances to employee sent to high risk locations due to US regulations. But in India, there are no rules and regulations to monitor these allowances given by IT firms. Thus, it is different for different Indian companies.

The issue is tending as the countries like London, Brussels, Paris and Sydney which was considered safe before are now prone to terrorist activities. Raghavendran Ganeshan, an employee of Infosys (an IT firm) was killed in the recent attack in Brussels. These incidents are giving rise to family concerns.

Huge Indian employees working abroad

According to Nasscom, IT services firms have deployed about 500,000 Indians overseas. Where these employees are working? There is no data available to show region wise deployment of Indian workers.

As the whole whole world is now engulfed by ‘Terrorism’, experts think that hardship allowances and insurance will cover the hiring pattern very soon.

“When companies such as IBM pay hardship allowances, it will put pressure on other IT firms to follow suit as otherwise it will increasingly become difficult for the latter to attract talent,” says Sanchit Gogia, CEO, Greyhound Research.

As mentioned earlier there are no specific rule in India regarding the extra allowances which results in the variation in different IT firms. “There are enough people willing to go to locations such as the Middle-East and Africa because of the additional allowance they receive over and above their salary,” says Kris Lakshmikanth, CEO of Headhunters India.

“It is cheaper to pay compensation after an unfortunate incident than paying risk allowance or insuring an employee,” says Lakshmikanth.

However, Nasscom Chairman BVR Mohan Reddy says that IT companies are doing a lot for employees in risky areas.

“The firms take good insurance cover on dynamic premium tariffs. The covers are much larger than are offered in India,” he says. While most of the top IT firms declined to give on-record comments for this report, Tech Mahindra said that it has put in place various measures to ensure that employees who travel abroad on work are taken care of in the event of a crisis.

Safety measures that could be taken by employees

“All associates travelling to certain countries can download a mobile app and get alerts on their mobiles about medical, clinical, and security measures and precautions to adopt. We also provide emergency response services and support,” says Rakesh Soni, Chief People Officer of Tech Mahindra.  He added that the company offers its employees comprehensive insurance.

Sudhir Chaturvedi, Chief Operating Officer of NIIT Technologies, which has employees in Brussels, says the company has protocols to deal with terror attacks. “We alert our staffers and facilitate conversations with their family members back home. Should they want to come back from the place in question, we will arrange for that,” he said. NIIT Technologies set up a war room after the Brussels attacks.

In accordance with the above steps, the employee should assess all the past conditions of the host country before migrating there. Also, they should think about their families before taking such decisions.

Aakash is pursuing B.E , Electrical and Electronics Engineering from Sir M. Visvesvaraya Institute of Technology, Bangalore.

Twitter:@aakashsinha1994

 

 

 

 

 

 

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Copyright 2016 NewsGram

  • sudheer naik

    Indian firms take our weaknesses in such a manner they take it as a granted.

  • Navmi Arora

    Cyber crime is not country specific. Even with all the strict laws in the US and other places, the numbers are increasing.

  • Jagpreet Kaur Sandhu

    Well Indian techies are quite respected abroad as for work.

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Big reforms Led to India becoming the fastest growing major Economy globally: Garg

It also has enormous implications for emerging markets and developing countries

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The RBI building in Mumbai.
The RBI building in Mumbai. Photo credit: AFP/Sajjad Hussain

The major reforms undertaken by the Indian government for raising economic growth and maintaining macroeconomic stability have made the country one of the fastest growing major economies in the world, said Subhash Chandra Garg, Secretary, Department of Economic Affairs (DEA).

Garg was addressing the Special Event hosted by US-India Strategic Partnership Forum on ‘Indian Economy: Prospect and Challenges’ in Washington D.C on Friday.

Indian economy needs more reforms.
Indian economy needs more reforms.

He said the launch of the Goods and Services Tax (GST) represented an “historic economic and political achievement, unprecedented in Indian tax and economic reforms, which has rekindled optimism on structural reforms.” He further emphasized that India carried-out such major reforms when the global economy was slow.

“With the cyclical recovery in global growth amid supportive monetary conditions and the transient impact of the major structural reforms over, India will continue to perform robustly,” Garg said.

During his meetings, Garg highlighted that the digital age technologies have profound implications for policies concerning every aspects of the economy. It also has enormous implications for emerging markets and developing countries.

Also Read: Biggest Bank Frauds Which Shook The Indian Economy

He expressed that the response to such a transformation will have to shift from ‘catch up’ growth to adoption/adaption of digital technologies for development and growth.

Garg also informed that India has started adopting policies and programmes for transforming systems of delivery of services using digital technologies and connecting every Indian with digital technologies and access through Aadhaar and other such means.

Indian economy should be on rise.
Indian economy should be on rise. Image: Mapsofindia

While citing the example of expanding mobile data access, he mentioned that India is now the largest consumer of mobile data in the world with 11 gigabytes mobile data consumption per month. He informed that India is investing in digital technologies, encouraging private sector to adapt these technologies and also addressing the taxation related issues by introducing equalisation levy.

Garg is currently on an official tour to Washington D.C. to attend the Spring Meetings of the International Monetary Fund and the World Bank and other associated meetings. He is accompanied by Urjit Patel, Governor, Reserve Bank of India and other senior officials. IANS