Saturday, April 25, 2009

RECESSION AND ORGANISATION'S SOCIAL RESPONSIBILITY


IN RECESSION
ORGANISATION'S SOCIAL RESPONSIBILITY


Many a times I thought of writing on recession and lay offs, but I could not get the right platform. 
Organizations will have the contribution from its employees in the growth, success and the revenue. When a company hires a person, its not only hiring a person, it also ensures the food and shelter for a whole family. At tough times organizations lay-off employees saying "non performer”,” long time bencher", etc.


PLEASE NOTE THE POINTS BELOW
1) If you say so, then why organizations have recruited such non performers and also have given him/her a misconception that he is doing well and he is good at his work. for all these days.

2) Organisations have given him/her false assurance of security and stopped him/her striving for improvement or other alternatives.

What happens when layoff happens in the recession time?
a) he/she may not get job anywhere because of the recession.
b) If the person is a lone bread earner then the whole family would be in trouble.
c) What about the future of the family, kids, parents etc.

In the countries like India people live with no social security from the government.
If a person is working then every one will come and ask the hard earned money in the form of hundreds of taxes to fill the corrupt politicians Swiss Bank A/Cs. When a person is laid-off with no security for his/her life, not even from the government the time would be hard. Here an organization should really think before doing so and that would be a great contribution to human society.

Instead organization can go for alternative plans like,
1. Please ensure stop wastage of paper/printer/electricity/unnecessary stretching hours/tea and snacks/stationary items/.The cost you can save per day is at least Rs. 10000 and 3650000 PA.
2. Re work the routs of the cabs and stop the excess cabs, org can manage to save monthly approx Rs. 200000 and per Annam Rs. 2000000.
3. Stop all the salary hikes this year; employees know the situation and the difficulties of the market, everybody will understand.We have seen many of the companies have adopted this.
5. If possible reduce the higher management travel cost example instead of first- class air ticket, go for economy class. Re check the policy of DA and reduce the standard Accommodation like 5 star to 3 star hotels. B


Thank you
Vijay