Software Technology Group cannot pay salaries By Rahul Kumar
Trouble is brewing in the Gurgaon office of Software Technology Group (STG) where employees have either not been paid, or were being paid half of their salaries for the past 10 months or so. The angry employees are on the war path. A substantial number of employees (including programmers) have left while others have clung on hoping things will improve.
The Software Technology Group was launched in 1992 and at its peak had alliances with IBM and Oracle. At one point in time, it was among the top 10 training institutes in India. It has also developed numerous computer systems for high profile clients.
How things have changed at Software Technology Group! Now some employees are not being paid even half the salary for the past couple of months. The situation inside the company has become so precarious during the last one year that few of the unpaid employees were forced to sell their household articles to carry on with their mundane bread and butter needs, while others have withdrawn their children from premium schools to normal ones. These unfortunate employees are the ones who could not find another job or those who do not want to leave Software Technology Group fearing that the company would not pay off their dues later.
Sensing the mood of the irked employees, the STG chairman Yogesh Vaidya planned a direct interface with them and promised to meet them on July 28 afternoon but could not do so citing his poor health as a reason. Yogesh assured the employees that this meeting will now be held on July 30. The agitated employees who did want to be identified said that many an employee would come to the office on daily basis but they did not have much work to do. The software engineers are not updating even the www.stgglobal.com website which has stopped functioning now.
Some of the employees with clout in political and government circles have already started moving to get their dues cleared from the company. The anger is simmering and not all is well inside the company. It is time for the company to act and the STG chairman seems to have realized it.
In a recent development, the trainees at AEGIS BPO in Gurgaon had stoned its office and injured security guards on the issue of training fee and tenure. The company had to finally pay off the dues to the trainee under duress. (7/29/2009) |