Hi Dec11RD
Please excuse me if i am critical of your views as it is not my intention.
I am trying to view in a different angle.
Here goes my explanation to every point of yours.
1.RapidIGM offers decent salaries because they calculate before hand if the consultant they hire is worth twice the salary. To start with the so called decent salary is the same as that offered by many other desi companies. If the consultant turns out to be more productive(it means getting an increase in billing rate within
a short span of joining rapidm) the decent salary becomes more decent as it turned out in my case.
2. I fully agree with an only exception that recruiters themselves do it. In my case my recruiter himself took the pain to add more to the recent project and convinced me that the client would take me if i show more experience in UsA. He repeatedly emphasised this point-"Be extremely confident with the clientduring the interview" Tell the client that "I really like the product you are working on... and would like to get on board with your project mates". I did not disagree with my recruiter that time when he spoke this over phone but felt too shy to make such false statements during that interview. I decided to be on my own. The client interview went fine and the interviewers were very practical in their statement. The only people in rapidigm who are exception to this concept
of doctoring the resume are white people who are in the marketing job. They are precise in their statements and listen more before they speak. I felt at home with my recruiter as he
talked to me like an elder brother. I later realised his true colours as none of his words translated into action.
3. They already have too much cushion in their margin. Rapidigm advertises itself as a fully owned american company and hence they get more direct clients and hence high billing rates.
From early 90's to late 90's most of the company stock was overstated as a result the salary expense and consulting company billng was too miniscule to be bothered and as a result rapidigm
got lion share of billing rates. They adopted a good strategy to bring good consultants by hiring desi recruiters who can speak desi language to woo desi consultants. Their strategy
paid well. None of the desis do marketing in rapidigm to the best of my knowledge.
4. They have to, because the recruiters commission will go off. RapidM is not a non-profit organisation. They are out to make money. The reality is- Since they are brokers they always
make money no matter the profit or loss made by the client company. If the client company makes loss, then they reduce the billing rate which if acceptable to rapidigm would continue,
else rapidigm would find another company for this consultant. There is always a business strategy.
5.Their decent reputation comes because of their consultants who are their assets.
6.I have no comments as this is subject to interpretaton and does not concern rapidigm
7.I know people who hit bench in 1999 and were paid for 2 months of bench salary before getting a project. The reason rapidigm paid is because they already have the buffer for every person. Your friend might have worked hard for a longer time with rapidigm and hence a higher buffer. (I FEEL sai NEED NOT WORRY)
If rapidigm went firing all bench consultants their image would tarnish like anything. So i feel that this was a safe bet. Just a thought-why don't your friend pay rapidigm $38/hour from his pocket to enjoy a salary of 95K and still make margin for the whole year instead of staying without pay.
He can also show INS a legal status. $25K pa is a great pay without working.
Dec11RD- I do not mean to offend you in any manner. please take it easy. I am sorry that i am not able to get convinced by rapidigm's sign of benevolence as I was grossly illtreated by rapidigm and hence venting out.
It's great to hear that rapidigm has been good to atleast some people. God bless you!!!
