Action and Reaction in Corporate India: A case after Recession

During recession, job losses in India had created some ripples among some section of employees as well as their employers, who felt that they were also going to face the similar odds any time then. Employees perceived to retain their jobs and also wanted somebody to guide them with dos and don'ts, to tide over the great crisis faced by their companies. Employers wanted to sustain during economic crisis and resist the downturn with all available resources. However, after the economic recovery, changes were observed in employee attitudes, both in their existing services and in their selection of new jobs in companies. Simultaneously, employers also wanted to be more rigid in recruiting talented individual to ensure higher performance and greater quality of output from employees. This paper identifies the problems around these issues and suggests the immediate need for alignment of employee attitudes and employer expectations through innovation and management.