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Million-dollar HR folks in India end up being a low-end HR staffing firm! Why?

Load shedding and the next venture?

In Jan 2024, Deloitte India handed over the Golden handshake to 35 Partners...much ahead of their retirement age of 62. Much needed load shedding....too much of dead weight!

In other words, a strategic decision to lay off the heavy weights with a bag full of severance pay!
Deloitte India had 480 Partners as moneycontrol.com reported in Jan 2024...
Question is: After this lavish layoff, is there any moratorium on them to not join competitors or take any full-time roles?
As reports suggest, these Partners would be at annual base pay of 3 to 10 Cr, depending on role and seniority...
If you see any such Partner after this royal layoff, start an HR consulting firm doing recruitment service and staffing support, you can only thank Deloitte for being so kind to them for too long....
Subrata Kabiraj, as an employee engagement and employer branding guy, what message do you see in such Golden Handshake scenarios of special treatment for folks at the top while people at bottom rungs get no Golden handshake or Golden parachute...

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Today is the day of celebrations for the HR community! More so, if you are a Nathan SV fan like me!

We have a new baby in house! Welcome Visara Partners!
https://visara.org/
Hey Visara baby,
Welcome!
My only problem is your name and that I must say is getting accentuated by the vicious AI search for your name.
In many dialects and languages in Hindi speaking area, we have heard the word Visara or Visar, when people mean, they forgot or not able to recollect!
You may remember, radio program called :Bhoole Bisre Geet! :)
Back to topic!
I am with all of you HR afficionados in these celebrations today, I see Visara growing like a Josh Bersin and Co or the likes of Dave Ulrich's RBL Group!
I wish HR product and services companies like ServiceNow ADP Workday SAP SuccessFactors Perceptyx Qualtrics Unity Willis Towers Watson Mercer etc. partner with it to democratize their platforms and services.

With due respects to all of them, but let's not create another Manpower, Team Lease , Adecco or a Randstad and end up being a staffing firm!
However, Visara mentions such staffing service on offer...:(

Good luck Visara! You will be loved!
Folks: Show some love by following Visara's pages on X, LinkedIn, Instagram, YouTube, etc...

Congratulations Nathan and the team!

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