The salary cuts are accepted to stave off job losses and help the stretched finances. Bharat Forge Managing Director Baba Kalyani has taken a 20 percent salary cut after his company reported a consolidated loss of Rs.36.56 crore in the third quarter which ended in December, reports The Economic Times.

In the midst of this circumstance people often get in ambiguous state of mind by some stunt resolutions where there is only confusion. If we see the present IT market world wide, it is in a state of descending order and the resources are trying to find a gap where they can take a relax breath. But condition is not like to have a confirmed place of work but the results are forwarding to capture truth of reality.

The cloud is now very dark as it has been submerging the hope of the IT employees all over the world.  However,  global rescission is emerging to the highest peek crossing certain height in the IT market. Now debate comes upfront that what should be the right step for the companies particularly in India for their employees?  Should they just simply cut off the salary their employees or lay off them? Well, answers are not so easy to reiterate for this uncertain consequence.

Let us think about some logical points

• IT market gets down frequently (happened earlier in year 2000)
• We can not deny the needs of the IT as it has entered to the core of our life even in fourth world countries too.
• It is a process of everlasting requirements to be fulfilled in ease.
• The world is entering the super modern age because of IT. So there is no chance disappearing the requirement of  IT at any cost.

Well, these are the facts everyone knows but the point is to find out the reason of uncertainty in the minds of people working under the roof of IT market. Fear has no limited boundary and it comes to human minds without prior alarm. It is common but if you want to have a fearless comfort in your job particularly in the IT then you need to be confident.  I mean to say you should have that caliber for survival even in drought condition.