Friday, May 30, 2008

The BIG Picture:

A big company offered $50 for each money-saving idea submitted by its employees. First prize went to the employee who suggested the award be cut to $25 – Anonymous.

I love deadlines. I especially like the whooshing sound they make as they go flying by. Life in the corporate world can get to you sometimes. I’m not sure if I am made to live life in the corporate world. Does my employer look forward to more than what is achievable? Or am I not competent enough? Last night I dreamt about what it would be like if the salaries & perks were reversed with the designations. Wouldn’t that be overwhelming? People need to understand the importance of employee satisfaction and also need to be shown how m
uch they mean to the organization. And I strongly believe that just by giving a handsome paycheque is not going to make the employee happy. Good and bad appraisals could happen due to various reasons, and also depends on how well the industry is doing, the individual contributor’s performance, overall profitability of the organization and such like. Gone are the days when people look at the title, role and the growth that the company provides for them. People have become so hard to please and only want money. It is more of "What is in it for me?" rather than "How can I be of use to your organization for it to grow?" I’m sure if people join companies with a positive attitude to learn, grow and accomplish their goals, by giving not least but less importance to the monitory benefits, life would be so much better.

There used to be a time in India when the people used to walk-in and out of companies carrying huge files and folders with all their life’s accomplishments and certificates pleading for a job as an assistant or a clerk. The roles have absolutely reversed, with large organizations advertising on the newspapers and television, trying to build a brand and luring some of the young graduates and post graduates of our time. Wonder where this is all going. On the brighter side, the level of unemployment has dropped drastically over the past 5 – 10 years, with a whole lot of multinationals setting up in India, helping feed many more homes. It's just a whole vicious cycle I guess.

Here are some facts I came across on an article - "India's rate of employment generation has gone up from an average of 1.07 percent between 1994 and 2000, to 2.04 percent between 1999- 2000 and December 2002. The rise has been more in the urban areas as compared to the rural ones. Figures released by the National Sample Survey Organization (NSSO) show that on an average 8.4 million jobs have been added over the 2.5- year period. The Tenth Five-Year plan aims to generate 10 million employment opportunities each year."

I hope my buddies and I find the time, money and a good opportunity to set up our dream restaurant at least in the next ten years. :)

Comments are welcome….

7 comments:

Marcus said...

so true man...w3k needs to roll da...

Macabreday said...

I was glad u didnt mention the restaurant name...and then i see babu's comment above... HHMPPFF..!
lol...!!

The PaUnCh said...

hehehe...lets roll boys

Aleta said...

Fascinating how needs of the people can affect various aspects of life. After Katrina, companies NEEDED employees ~ not many people returned. Those that did return ran to whatever store was open and so the business made money but didn't have employees to staff the locations. Things have evened out, but unemployment is on the rise. It's fascinating to read about other cultures and how things are taking place!

The PaUnCh said...

aleta - yeah i totally agree with you, and yes it is so different in india when compared to other parts of the world.

Anonymous said...

Well. A lot also depends on the the culture of the company that you are working for. If the company's policy is hire'n'fire , then you'd rather meet the target and take your pay.Period.If the company treats you like family(which is found only in a few European and even lesser American ones), then i feel your argument is probably correct. Else, its just a matter of aligning your skills with the company's goals.As the saying goes, "love your job and not your company because you never know when the company will stop loving you" -which is perfectly valid from the company's point of view because nobody works for charity.If you got a better job than your present one -both in terms of money and job satisfaction, is it not a good thing to go for it ?

The PaUnCh said...

ravi - so true i totally agree with you, and thats how it is for most people. As for me, its very different when it comes to what i look for in a Job. Money is important, but its last on my list.