Wednesday, December 23, 2009

Modern-day "bugaw" really sucks

I got a news from one of my QA friends deployed at ADB today and I cannot keep myself from expressing this particular feeling of anger and disappointment despite the fact that it is nearly Christmas...

Years of experience made me wise indeed plus the fact that I keep changing jobs once every two years at the least. I have ups and downs and more disappointments that I already lost count. I had three employers this year... There are things that I have learned that I want to share with my fellow IT friends...

Who said that "Bugaws" only exist in the street? When we say the term "Bugaw" the first thing that comes to our minds is "those who sell prostitutes to clients and in turn have a cut to the earnings"

Well folks, it seems that bugaw now exists in the IT world. Yes, I call them "MODERN-DAY BUGAW" in the form of Agencies, Consultancy Firms, Executive Search. They have a cut in the salaries. Say for example a client pays 100k-150k for a particular position, usually an agency gets 30-50 percent from this. So, the employee only gets 50k or less while the agency gets the most out of it... It really sucks right???

Well for those who receive calls from so-called "headhunters" here are some of the major tips I could keep to avoid getting fooled...

  • Ask whether it is a direct hire or not. If its a direct hire than go for it. If not drop it
  • If its for a contractual/project-based employment, ask the salary package. If its contractual, dude, ask big sum of money. If its project-based, ask how long wlll the project last.
  • If you are choosing between regular and consultancy, go for the regular
IT recruitment is becoming as dirty as prostitution...

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