Saturday, December 6, 2008

Headstrong Corporation - Immoral Management?

Incorporated in Virginia and having offshore development centres in manila, noida and Bangalore, Headstrong employees were sent an email that no increments will be there in 2009 citing the global downturn and talked about how the Management was leading from the front and not taking any increase on their salaries. However it did not disclose that the Indian Management awarded itself $8m bonus in October this year out of the blue. Do employees have any legal recourse against such unscrupulous managements worldover who are trying to take advantage of the downturn to either fire people or make them slog hard without expecting any wage increases?