Intel Technologies India has sent out 250+ employees to home. All of them are fire because of faking bills to claim allowances like conveyance, drivers’ salaries and LTA etc.
Intel India is recognized as a top employer in India, Intel placed in the top 10 rankings for both the “Best Employers in India 2004” survey and CNBC TV 18’s “Great Place to Work 2004” survey. The Intel Development Centre in Bangalore has about 2,700 professionals.
According to Time of India (TOI) “Intel set up an independent team to investigate claims, which then proceeded to take immediate action against the employees found guilty.“.
According to Intel, “the matter relates to code of conduct violation. Intel does expect very high standards of employee conduct and business ethics. Intel does not discuss personnel matters“.
Faking bills to claim your allowances and Corruption in public life is very common in India especially in government offices. However it is believed that private sector is free from Corruption and malpractice. Intel chose to crack down on the malpractice and that is good choice because corrupt people are very bad for any work. They can sell your top secret too. A new study by Transparency International ( TI ) brackets India with some of the world’s most corrupt nations. Of the 102 nations surveyed in 2001, India is ranked 72 (thay have also published 2004 survey).
My personal opinion is Intel did take correct action against all people involved in malpractice. Most of these people get paid five figure salaries and still they do all sort of malpractices. I’m sure Intel could have taken more serious actions against all of them but they have just opted to sack out them.
but in the end, many of these fired people are enjoying same five figure salaries in other MNCs, wish everyine took that stance.
Private Companies Talking about ETHICS ??? Tall claims and long talks??
Miracle….
These people are corrupt at the core… Show me any company and allow me to audit their Board of Directors….
Will then show you what these bullshits are,,,
This only a tactice to fire people without paying compensations…
Five-figure salary: you mean >=Rs.10000. That’s meagre even by indian standards.