Mr.Rakesh should approach HR and the senior management and discuss about his case. I agree the market is very hot and it will be difficult for the mangement to get the people with lower cost but it doesn't mean that we should neglect the old, committed employees. To avoid this type of differences the management should adopt the service weightage and ensure that the employees who are there with the organizations are taken care.
Finally it is better for Rakesh to present his case to HR and senior management and similtaneously should try outside. If the management is ready to upgrade him is ok otherwise should go for a change.
Regards - kamesh
31st October 2011 From India, Hyderabad
Projects for MBA students, help them have a practical insight to corporate world. If students dont take time in solving their project, then people who seek answers to MBA projects on online forum will end up much worse then Rakesh.
31st October 2011 From India, Mumbai