Friday, November 28, 2008

Inside Facts: Its a Silent Blast: Satyam

Disclaimer: All the information is collected from Internet sources only and few analysis been done on that.


FEW original mails about SATYAM COMPUTERS from an Satyam employee and Satyam HR ( mails from EAHR/EASAP)

Mail 1:

CC: SAP, EA
Few months back I was proud to be called Satyamite… now no more.
I was disparately waiting for the annual appraisal in month of July08, as it was circulated that on 30th June we would get the letter. Due to some unknown reason its postponed to 10th Aug08 (according to EA HR it was 10th Aug and 15th Aug according to SAP HR) and then later last week of Aug08. Now SAP HR has circulated the mail that letter will be given in month of Sep08 and payment would be done in Oct08.
Dear Raju, above thing shows how is the communication gap you have with you and your bunch of monkeys. I have totally lost the faith and trust in this organization and the management. The most awaited event for associates for their hard and sincere work after a year…..is their APPRISAL. You are playing with emotions of 35,000 associates and fooling their family by sending false mail and fake tentative dates.
As I have watched you and your team in all quarter results in television, it was said the best among the all IT companies. And you have said the Satyam growth is always intact with your guidelines. If you said was correct then what is the disaster happened that you are not able to give any final date about the appraisal and misleading all Associates.
All recognized IT companies in India have already given/announced the appraisals to their employees, what is the problem with you that even you can not give a final date (even it could be 31st October 08). Once 2 years back I attended induction program, there it was said that Satyam has plan to list in top 5 in Indian IT companies within years. It seems to me it will remain your sleeping dream only forever, if you do not make such things more transparent.
Do you think that by waiting another 2-3 months, some miracle will happen in Globe so that you will start making even more profit? You are waiting for what??? According to me you are just spoiling the faith and trust of all Satyam Associates for the sake of interest money of the appraisal.
Few months back I was proud to be called Satyamite… now no more.
Raju, Shame on you for making me loose my faith in this organization.
Sorry guys for sending mail through my other account, I am afraid of loosing my job if I use Satyam account.
Mail from SAP HR

Mail 2:

From: HR_SAP
Sent: Friday, August 15, 2008 5:38 PM
To: SAP_Global
Cc: Balakumar_R; Jegapriyan_V
Subject: Appraisal Communication to Associates
Importance: High
Dear Associates,
This has reference to our earlier Communication and Plan to release Individual Salary Revision Letters by this Week. There have been challenges in discussing and concluding the Individual Revisions. HR and Business Leadership are actively engaged in this Assignment.
We regret that there is a delay, and we hope to release the Letters in time to catch September 08 pay Check payable in October 08.
Regards
HRSAP

Mail 3:

From: HR_SAP
Sent: Wednesday, July 16, 2008 8:30 PM
To: SAP_Global
Cc: Balakumar_R; Jegapriyan_V
Subject: Salary Revisions - Communication
Importance: High
Dear All,
We thank you for the patience that you have shown towards closure of the Salary Revisions Phase of Aspire 08. In the last Three Years, the Organization has been able to deliver what was promised in terms of adhering to the committed timelines for release of Revision Letters. There has been a delay this Year for reasons beyond our control.
HR would like to take this opportunity to clarify some doubts relating to Revision Phase:
• The Salary Revisions would be effective 1st July 08
• We expect to complete release of Revision Letters to the associates on or before 15th August, 08
• Based on the above, the Plan is to reflect the Revised Salary with arrears in the August Payroll
• We shall inform if any unforeseen delay were to occur in the above schedule
Looking forward to your continued support and understanding.
Regards,
HRSAP

Mail 4:

Mail From EAHR

Dear Friends,
Due to various process related constraints, there is an unintended delay to finalize and release the revised C&B letters. We might complete this entire process by last week of August, 08 and till then look forward your cooperation. The exact date will be communicated to you very soon.
For any further feedback/clarifications, please get in touch with respective UHRs of your circles.
Regards
Dr. D Sravan Kumar
Head - myHR
HCU - Enterprise Applications
Satyam Computer Services Ltd.

Mail 5:

From: Sravan_Dasoju
Sent: 16 July 2008 15:57
To: EA
Subject: Appraisal Process & Salary Revisions
Dear Friends,
At the upfront, let me thank you for your patience towards closure of the performance appraisals & salary revision process.
In the last three years, the organization has been able to deliver what was promised in terms of adhering to the committed timelines for release of revision letters. There has been a slight delay this year for reasons beyond our control.
Let me take this opportunity to clarify some doubts relating to revisions which have been raised:
• The salary revisions are with effect 1st July, 08.
• We expect to release the letters to the associates on or before 10th Aug, 08
• Based on the completion of revisions and issuing the letters, the plan is to reflect the revised salary with arrears in the August salary. Should there be any unforeseen delay, we will advise you accordingly
Please do keep in touch with your HR leads for any further updates.
Looking forward to your continued support and understanding.
Regards
Dr. D Sravan Kumar
Head - myHR
HCU - Enterprise Applications
Satyam Computer Services Ltd.

These are supporting facts for my previous posts. Some of them might contradict. Today these mails can prove everything. Apart from that you can even verify the employees Balakumar_R, Jegapriyan_V . They are still part of Satyam Computers.

the question arises is, IS SATYAM ANOTHER DOT COM BUBBLE
Check out for the next post. It will be the biggest blast

source of information: http://www.workexp.com/2008/11/01/anonymus-mail-to-sap-circle-of-satyam/

Thursday, November 6, 2008

Strategy: Satyam Sacks Scapegoats !!!


All the information provided is from articles, opinions, reviews


Here comes the news from Chennai, Satyam has terminated over 30 project associates for alleging fake bills by them.

From the company point of view :
These employees are relocated from Hyderabad to Chennai. All these project associates are said to have made foul play in the company by submitting fake bills, when they were relocated from Hyderabad to Chennai.
From the Project Associates
1. According to associates, Satyam Company is asking to prove the validity of one and half year old bill.
2. Their Salaries are withheld by the company and their profiles are deleted from the company records.
3. Even the employees are not given a chance to resign
4. One employee said "We had used packers and movers a year and half back and how can we prove that we used their service? Satyam management is not willing to listen to us,"
5. The bills in question relate to nearly Rs 3,000 incurred by the associates after their transfer last year. The associates insist that they were entitled for this amount and even this was not reimbursed by the company.
6. They are made scapegoats with unnecessary reasons. The number of employees to be sacked will increase to 400. So other370 scapegoats be aware, you might be sacked for any reason (prepare for the worst).

Generally in such big MNCs, we see employees submitting fake bills. But I don’t think it will lead to such a disaster. To maintain good corporate governance, Satyam has completely changed the scenario.
I think there are not many days left for Satyam to be acquired.