www.expressindia.com - Weather | Horoscope | Stocks | RSS
expressindia web city
HomeBlogsCricketAstrology TendersClassifieds Reader Comments Hotels
Sign In / Register | Archive
Expressindia » Story

Marching out of army, into corporate world

Font Size

SUNANDA MEHTA,Aiswarya-A

Posted: Mar 01, 2008 at 2240 hrs IST

What compelled the Finance Minster to make a statement about the high attrition rate in the armed forces during his budget speech? Probably the fact that it’s a reality the services need to tackle on war footing. The low pay-scales, frequent transfers, pyramid structure that limits promotions at the top and scarcity of family-friendly infrastructure in the army have prompted personnel to voluntarily retire from the armed forces and opt for more lucrative jobs in the aviation, IT, real estate and the hospitality industry. The pace just got faster.

“I have heard that in the last two years over 1,500 applications were put up by officers for voluntary retirement to the army headquarters,” says Captain Ranjeet Ranade, a short service officer, who after finishing his mandatory five years of service in artillery, quit the forces to join as executive manager at Cummins India, Pune.

“For me it were the frequent separations from the family and the lure of a salary that was five times more than what I was getting in the army that made up my mind,” said Ranade who added that a large number of his batch mates are thinking of following suit.

What’s more worrying is that they are no longer choosing to remain silent about the move either. “Let’s face it .The bottom line is that today I am earning twice of what the Chief of Army Staff is getting,” said a colonel candidly, who opted out of the forces in December 2006 at 45 years of age and is currently at a middle-executive level post at a leading corporate office in Pune.

“I had two main reasons for leaving - financial and what I call the ‘Mandalisation’ of the army, whereby after 2001 it was not merit but quota system in each arm of the services that decided higher courses and consequently promotions in the forces. Also I thought it’s better that I leave now rather than when I am 50,” he said.

Lt Col (retd) Arnab Bannerji who took VRS from the army in 2004 and is now with an IT company, said: “Just like there is a Siachen allowance, there should also be compensation for frequent postings.” said Bannerji adding, “By the time I had retired, my son had seen eight schools.”

He had had enough. Add to that the attractive pay package and a more exciting corporate lifestyle and it’s easy to see why Bannerji bit the bait.

Brig Vinod Ahuja who retired as the Deputy Director General, Recruiting (Maharashtra, Gujarat and Goa), on the day of the budget pointed out that the attrition rates have increased by six-to-eight times over the years. “Graduates don’t prefer to opt for army jobs which involve high risks yet offer salaries in the Rs 8000-10,000 range,” said Ahuja “The current pay scales would make anyone wonder whether its’ worth it to face the enemy bullets,” he added.

If the situation is bad now, it could get worse post sixth Pay Commission, on which lots of hopes and decisions are hinged. “It’s been a decade since the fifth Pay Commission, and every army personnel is keen to know if there is a pay hike in store for him,” said an official from the Southern Command.

According to another officer who quit for the corporate world, the hopes may be belied as P Chidambaram who was the FM even when the fifth pay commission was announced had later described it as a mistake. “It’s unlikely he’ll repeat what he considered to be an error. And then the forces will be in deeper trouble,” he said.

Discuss this story on expressindia forums
Post Comments
Name* Email ID*
Subject* Country*
Message*
Characters remaining
 
TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Latest News

Business

Showbiz

Sports

Rushdie cancels India visit, says 'paid assassins' out to kill him

Narendra Modi takes Sadbhavna Mission to Godhra

Age row: SC dismisses appeal supportive of Army chief's view

Law Commission for making honour killings non-bailable offence

Oz MP tells immigrants to learn English to stop racism

Uma Bharti's comments on Rahul not important: Azad

Digvijay rubbishes reports of quitting as UP poll in-charge

More
© 2011 The Indian Express Limited. All rights reserved
Advertise With Us | Privacy Policy | Feedback | Express Group | Site Map