Hi Shwetha,
Its a good topic you have raised.
We call ourselves as Strategic Partners and at this situation you blame the company, I dont agree with you all.Is it that you just want to convince yourselves and say you are strategic partner when you actually restrict yourselves from not going deep into the fact and analyze the strategy of the top management.
If the Company feels that it can no more bear the expenses of manpower it surely takes good decision.
Let aside our soft natured and Humanity as a HR Professional, But be practical if the company has no enough funds do you think you can survive in the market by paying salaries to employees and with no Return On Investment.
Why do you deny the fact that even employees cold heartedly ditch the Company and go to competitors for better perks. Why are you feeling bad if the reverse is happening to them take it in a positive way. Just spread a rumour that the company is not profitable and you will see by next payroll you would be calculating final settlements to atleast 50% of the employees.
Yes I admit that its recruitment costs but that should be planned well in advance backed by good mid and senior level management strategy
.
I hope I have not hurt the feelings of my friends and being more practical. You will understand this concept when you work for Small & Medium enterprises, where the management struggles to bear even simple overheads like staff parties, picnic or even administration costs like visiting cards.
Correct me if Im wrong But I want Shwetha to reply me.
Thanks
Shahed
Its a good topic you have raised.
We call ourselves as Strategic Partners and at this situation you blame the company, I dont agree with you all.Is it that you just want to convince yourselves and say you are strategic partner when you actually restrict yourselves from not going deep into the fact and analyze the strategy of the top management.
If the Company feels that it can no more bear the expenses of manpower it surely takes good decision.
Let aside our soft natured and Humanity as a HR Professional, But be practical if the company has no enough funds do you think you can survive in the market by paying salaries to employees and with no Return On Investment.
Why do you deny the fact that even employees cold heartedly ditch the Company and go to competitors for better perks. Why are you feeling bad if the reverse is happening to them take it in a positive way. Just spread a rumour that the company is not profitable and you will see by next payroll you would be calculating final settlements to atleast 50% of the employees.
Yes I admit that its recruitment costs but that should be planned well in advance backed by good mid and senior level management strategy
.
I hope I have not hurt the feelings of my friends and being more practical. You will understand this concept when you work for Small & Medium enterprises, where the management struggles to bear even simple overheads like staff parties, picnic or even administration costs like visiting cards.
Correct me if Im wrong But I want Shwetha to reply me.
Thanks
Shahed