Dear Senthil,
Thank you for your mail.
At the outset, let me reassure you that you are not alone in your feeling of confusion regarding the true HR scene and practices. The only thing is that being new in the field, and not suffering from any pre-conceived notions or inhibitions, you have been honest enough to express your misgivings openly. This indeed is the first step to improvement.
I have been a naval officer for 29 years. My last job in the Indian Navy was General Manager (Total Quality Management) of Naval Dockyard, Mumbai, dealing with some 8000 blue-collared workers, and half the number of supervisory staff. Since then, I have been in the corporate sector for 10 years, all in CEO or equivalent positions.
The problem of corporate India today is that the job market is exploding, and there are not really enough qualified people to man the vacancies. This is because Corporate India is not actually looking for engineers, and sales, marketing, accounts, finance, or HR personnel. They want people who can deliver results. This, in turn, needs dealing with other people - something no educational institution teaches formally.
The biggest cause for high attrition rates is because of the inability to convert raw young graduates, straight from the campus, into professionals with the ability to develop the necessary soft skills. As a result, young professionals, or for that matter, even those at mid-levels, can be easily poached by competitors just by flashing marginally higher compensation packages.
It is not for nothing that successful corporates - and by this, I don't mean those who have healthier bottom lines - have very strong HR policies, which encompass the inculcation of corporate values and culture, team building, and leadership, etc.
I can empathize with your feeling of frustration.
But don't give up.
You are in the most satisfying sector of corporate India.
If you apply your mind, you can shine as a star and develop yourself into an island of excellence in the ocean of mediocrity which surrounds you.
As mentioned in my earlier inputs in this forum, you are free to contact me as mutually convenient, and we can take this discourse further.
With best regards,
Commodore Shekhar