Monday, January 25, 2010

Position gives bargaining power.

Basically the bargaining power come from what position the person is holding. If someone joins as a fresher, basically he will have no bargaining power. As said in the class, mass recruiters like Infy, TCS, and Wipro won’t give bargaining power to anyone. As they hire in thousands they wont change their clause for few people. But after someone has gained worthy experience, becomes a critical resource, he will be having the bargaining power. Like Indian cricketers, they know that they have a lot of bargaining power, if the same thing would have happened with Indian hockey team or football team, things would have been different. Recently hockey players were penalized because they wanted a change in their contracts. But if the cricketers would have done the same , no one would have been able to penalize the.
But looking at the innovation thing, basically if the company tries to own everything a employee innovates, there won’t be any motivation from employee side to innovate. This will be a lose lose situation for everyone. Even if employee innovates, he will definitely leave the company and join a company which will recognize the innovation. As we see in both the cases, current employer will be on the losing side. So there has to be a compromise formula between the employer and employee which will be beneficial to both the parties. Some American companies allow employees to do their own projects. And Wikipedia, Google maps are few of the innovations. That way should be followed.

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