Despite business analysts going all out to question Satyam’s financial credibility, with most of them saying that Satyam does not have money to pay of even January’s current salary to its employees. Satyam has ‘‘ good revenue” , so says its HR.

In response to a flood of queries by employees worried about their January salary, the Satyam’s HR is sending a positive response: ‘‘ Company has good revenue and impressive client and long standing engagement” .

It is possibly for such reasons that employees are now seeking a professional ‘‘ external and credible” management . While they have been flooded with mails over the last two days from team leads and senior management to keep their morale high, they say that the presence of the old set of management is not able to restore their confidence in the firm and its future.

Agency reports that the firm would be holding back two months’ salary was dubbed as a rumour by a Satyam official saying that no such mail was sent out. These reports were not confirmed by any official sources or by current employees of Satyam.

But some self-styled ‘leaders’ in the firm have touched a raw nerve by volunteering to undertake pay cuts. ‘‘ Who are they to decide for us. Why are they setting this precedent ,” a fuming associate said, adding that the key concern among most employees was their this month’s salary and whether or not they will get it. Besides, with credit cards of employees on offshore assignments frozen, many panicked hoping that they do get their salaries and found those volunteering pay cuts as extremely selfish.

Nevertheless, motivational emails and similar chain mail campaigns did the rounds through the day, with employees explaining to each other that their salaries would come only if their clients paid up. And to ensure that, they said they had to continue working diligently. ‘‘ The only thing that can get us out of this crisis is by working and staying together,” said one.

Earlier in the day, many Satyamites signed the spirit of Satyam banners as a token of faith in the firm. These banners were a part of Satyam spirit program conducted by the company the day before to raise the employee spirit. ” We are trying hard to keep the staff enthused. This is the responsibility of the senior managers who handle teams,” a senior manager said. But the employees continued to apply for job on a wholesale manner on Friday.

With Satyam employees all set out to look for job opportunities will Satyam continue to preserve it clients. Are you a Satyamite? Have any concerns about the workings in the company. Please post in your comments here. Your identity is totally private and will not be disclosed under any circumstances.

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