When Fear Prevents Acting on Knowledge"The key to driving out fear even during difficult times is to provide people with as much prediction, understanding, control and compassion as possible."
SASKEN in India is one company that has unique HR practices in the Indian IT industry.
Triple Whammy from Sasken
Sasken went through a difficult period in 2001, during a recession in the telecom industry. They had to decide between layoffs and paycuts, and chose the latter to retain their personnel. Across the board cuts were applied, including top management. Very few personnel left the company during this period. They also made a bet and specialized in a certain mobile technology. That helped them rebound as the economy started picking up. Sasken is rated as one of the best places to work for in India.