INVECAS reviews

Dear Former Colleague, I am disappointed with the negative impressions INVECAS has created on you. I sincerely hope that every Ex Employee of INVECAS carries fond memories of the company. Please note that I would like to address each of the points to the best of my knowledge here. I will start with stating that whenever and wherever possible, we re-look at our policy framework to ensure that it stays relevant and beneficial to the employees and the business. At times, striking this balance takes time. I would like to specifically take the example of the Core Values that we have drafted and started rewarding across the organization. I hope that addresses your point of lack of appreciation to some extent, if not everything, it is at least a start. It has been very well received by the employees and we are now taking it a step further by driving numerous changes at the workplace through the employee (not management) driven initiatives. I also humbly beg to differ on the laptop , Windows and MS Office allocations being solely governed by Career levels, it is actually also a function of the allocated job. Yes, we do not give these out indiscreetly, but you have answered that point when you have called us a startup. As a startup, we are supposed to be scrupulous about our resources. While i can discuss more of these issues, Company's policies are a matter of confidentiality and i would be happy to discuss these with you as an alumni on a personal basis over a communication medium of your choice and convenience. Your point on family business is a mixed bag, every big company must have started off as a small/family/friends business at some point of time. So did INVECAS, but your point on need for change is well taken. The management team is acutely aware of the need for change in the way we function to evolve into a better version of ourselves and we think and talk about it every day. Can we do it better? Absolutely. And hopefully we will get better at it with feedback like the one you have just provided. Your point on hiring is also well taken, our hiring process is evolving, becoming more and more selective and stringent where we don't just look at the technical fitment but also the cultural fitment of the resources. Believe me, just being technically good, does not cut it with us anymore. I am keen to hear more specifics on your feedback on HR. Like i said above, I would be happy to discuss this on a personal basis. Please let me know if you would like to discuss this in an anonymous manner. Even that can be arranged. Thanks for your time here and looking forward to hear from you. HR Head INVECAS

Dear Former Employee, Thanks for your feedback. I will start with a small clarification, I have not been hired to respond to reviews (though that would have been a very simple and lucrative job), this is something that i have started on my own to connect with existing and former employees to gather additional points on what we can do to improve this workplace. This is in addition to my HR-head responsibilities. With that thing out of the way, let me try to address/understand some concerns you have raised here. 1. Please feel free to share the names of these managers with as many specifics as possible with me at ombudsman@invecas.com. I will investigate this further. 2. While we do not have a comp off policy, the information that there are no comp offs is inaccurate. It is dealt with in the same manner as Work From Home, while we do not have policy for it, people still get this benefit on a case to case basis depending on the situation. The same applies to team outings, Vertical Heads are allocated budgets for each quarter and teams have started going for outings. Unfortunately that might not have been the case when you worked with us, but feel free to check with your colleagues on this. 3. You are right in your assessment that the Managers are under tremendous pressure, we are working on rectifying this. But we want to ensure that this does not become an excuse for below-par treatment of engineers. Example: In spite of these pressures, the managers have committed to ongoing feedback which requires the Managers to multiply their effort multifold. And all this has been done to improve the Employee experience. 4. We make sure that freshers who are enrolling at VEDA know the terms of their training and employment clearly. But still, i will pass on this feedback to see what can be improved there. 5. I did not understand your point on calling us a Parasitic company, for a company which has almost single-handedly created the Semiconductor Ecosystem along with launching thousands of professional careers in Hyderabad, I believe that these are very harsh words. 6. Your point on acquisitions is a mixed bag. Acquisitions always invoke a mixed bag of emotions with some employees feeling good about it and others not feeling that great about it. I would like to state this, the employees from the acquired company are treated at par with our existing workforce and we do not differentiate on this count at all. I acknowledge how you feel about this acquisition, the only thing i can say is that it would have been great if you would have given us a chance to address some of your concerns and if you would have stayed back. 7. Your last point on attrition is a bit tricky, i cant quote these numbers here because this is company's proprietary data. However, i will say this, employees have left us in the past and they will continue leaving us in the future, what is important for me at this point is whether they look back fondly at the time they spent at this organization as one filled with learning and friendships. All our efforts are in that direction. Thanks for your time and feedback, HR Head- INVECAS