Rajan Sharma is working for a top MNC and getting a very good salary. He works around 14 hrs. a day. Amit khanna,32, IT professional working in a world class MNC at good position works around 12-13 hrs a day almost without weekly leave. Neeta Malik is business manager in one of the top ten banks, with salary in five figures. They all are well-paid executives in top class companies, then what is comman among them? Yes, they all are stressed and depressed, heath is deteriorating fast like problem of slip disc, balding, obesity, blood pressure, kidney problems are common among them, family affection, love in relationship is evaporating fast too. Yes, this is another side of our young, talented and brilliant corporate India. Any one can go to any upcoming industry and can find good percentage of employee with broken relationships, distress attitude, and severe heath problem etc. These things don’t come to light because they are overshadow by fat pay packets and position is much brighter beside corporate societies. And in later stages we lose our young and talented manpower due to excessive pressure and burnt out situation.
In another side millions of well qualified people are either unemployed or under employed and with the help right kind of little training, they can perform same as any other corporate employee. Then why does our corporate India employ one person in the place of 2-3 people and paying sometimes-heavy salary in a country like India where we have an extreme problem of unemployment and its generated worst effects. Is this not a social responsibility of corporate India? They should also contribute when they are taking so many benefits from govt. and people of India. Can’t we stand on win-win solution where corporate India can grow much faster with optimum utilization of manpower without its negative side effects?
GDP is good for the country, corporate and people but not at the cost of GDH (gross domestic happiness) and extreme unemployment of country. And happiness don’t come only by heavy pay packets and turnover /profit mantra. It comes with happy and loving family life, sufficient time for friends and relatives, societal contribution and interest persuasion. It doesn’t mean money is not important. The important thing is balance between the two. Excess of any one can do disaster for individual and a later stages for the country too.
Now the question arises as to what is the solution in practical terms. if we want to see happy and satisfied corporate employees, decreased unemployablity and increased turnover/profits and growth.
If we think over social-economic-logical economic grounds we can increase manpower and decrease working hrs of employee, Say 40 hrs. per week (max) and we can reduced the salary of our existing employees up to a certain percentage. So that we can accommodate more people in same salary bills. Even salary bills of companies increase up to some extent it should be well accepted because the salary bill of most company is just 6-7 percentage of total expenditure. if it becomes 7-8 percentage of total expenditure it will not matter much to the company but it will provide radical quality changes in existing and new employees . Employees’ productivity will increase automatically because one has to prove only in specified time period. Germany and France had already started this practice. Millions of people will get employment. Conspicuous consumption will decrease and basic consumption will increase, which is always good for a developing country. Which would further accelerate growth economic cycle according the law of demand and supply. Quality of mental –physical health of employees will improve. All the companies will get more market due to new employees salary expenditure. Social tension will decrease sharply. In a nutshell we can say it will provide competitive edge on human and economic grounds, which will create a happy environment across the country.
Tuesday, July 24, 2007
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