Gururaj’s Rumination

Rumination – The word says it all…

Posts Tagged ‘Technology

Now on LinkedIn

leave a comment »

I finally created an account on LinkedIn only after seeing a WordPress post/update about WP application support on LinkedIn. This was enough for me to realize how important it is to have a LinkedIn profile. I’d come across LinkedIn in the past too but I ignored it thinking it’s of no use but now I realize it’s more important to have a LinkedIn profile than Orkut profile for any professional contacts.

On one side Orkut is to socialize with people or friends, on the other side LinkedIn is for professional contacts. In just one day I’m able to explore many things and also able to see how helpful it can be in professional growth.

This is going to be the first post which will appear on my LinkedIn profile. This also means that I’ll have to keep writing on topics which can also appear on LinkedIn profile 🙂

See you on LinkedIn then…

Advertisements

Written by Gururaj

October 31, 2008 at 11:03 pm

Can I insure my Job?

with 10 comments

While at work I prefer listening to Radio instead of using Music Player like iPod. The other day on Radio (Radio Mirchi 98.3 FM) there was this interview with one of leading Insurance Company Head- Arg! I don’t have much details on the interview. The point is that this executive was talking about insurance and how these days people are insuring different non-tangible substances even including the Marriage Reception to hedge if it rains or people don’t turn up to the reception as in expected numbers.

Following my previous post on Job Risk in the gloomy market what struck is whether on the sames lines as marriages can we insure our job and get compensated only when we’re fired? On the contrary will the Insurance company provide such a policy to salaried individuals?

I know in reality this is remote possibility but in the virtual world say it’s exists. Given such a policy exists, how will an Insurance company verify whether the policy holder indeed got the pink slip. One possibility is that if the Employer hands the relieving letter stating that the Employee in question is being shown the door. Terrific, that’s a legitimate way. But, again what negative impact will it have on the Employee’s career. Will he be able to easily get new job given that he has been fired from his current job; Read the rest of this entry »

Written by Gururaj

September 18, 2008 at 11:01 pm

If not IT what else?

with 7 comments

Yesterday BofA (Bank of America) bought Merrill Lynch giving 0.85 BofA share for every Merrill Share. Also, Lehman Brothers filed Chapter 11 – Bankruptcy. That’s not the end of the story, AIG – The largest insurance company in the US is also on the verge. It has requested the Fed for emergency funds.

While this is what is happening in the US, I learnt that Satyam Computers, one of India’s leading software services company, is about to fire 4500 of its employees. It says that it’s their annual drill in which they show the doors to those employees whose performance is not up to the mark. It’s not just Satyam many IT firms are following suite.

I’m basically a Software Developer by profession working out of Bengaluru (or more commonly called as Bangalore). The common perception is that Software professionals have ‘The Midas Touch’, whatever we touch will turn into gold. Well that may be the past, these days most of the software guys are in the line of fire. Nobody knows when they’ll get the pink slip.

Because of the US market volatility due to Credit Crisis and Dollar depreciation the IT firms are making fewer profits and also the US companies have brought down the project outsourcing to some extent. That’s not all. The US Republic and Democratic parties are now talking about putting tough laws against outsourcing in their election campaign for the Presidential post. This means less IT work coming to India. The UK Govt. is also talking about issuing less Read the rest of this entry »

Written by Gururaj

September 16, 2008 at 5:03 pm