solid stable and steady job is what gives financial social and mental security and peace to everyone. hence we must continue to protect our workmen no matter what happens elsewhere in the world. we must never emulate the pattern of america and europe as far as their 'hire & fire' policy is concerned. ambanis are doing this now but i'm sure one day they are going to repent on their un-ethical behavior. india has always been a country with solid and steady jobs. if a workman wants to quit for better prospects, well we can get thousands of replacements so that should not be a problem but a company must not be allowed to fire their workmen at their sweet will. a stern law must be made to that effect. i'm not a legal expert. so if we already have such a law, then it must be vigorously implemented everywhere!
Re: FIRING LABOR MUST BE BANNED BY LAW.
by girish basavaraj akki on Oct 22, 2008 01:00 PM
The problem with our industries and private companies is there is no fixed limit for employee salary like government. There should be some limit in pay structure and facilities, like goverment. Is that really we required so much facilities that now companies provides to employees? . All the private sectors should work under goverment in terms of only pay structure, if we want long secured life. Let individual companies manage their clients,customers and management stuffs by their own.All companies should follow slow and steady rule. Now the time has to work from home. Companies should introduce new policies to cutdown the cost and people should not loose their jobs by making individual should work from home where company and each employee can save traveling time,tea,cofee, petrol and other stuffs.
The biggest mistake company does is employ more people than required.
Industries in India are soft targets. They contribute the maximum by way of Duties and Taxes to the Centre.
Look what happens local goons harass these Industrialist (Mamta or Raj Thackeray or Arun Gawli) pressurise local industries to employ locals whoc are not productive.
Best way for industrialist is not to invest in a single state. if you are very big not to invest in a single county
There are no easy answers to this one. As an entrepreneur and one who finds opportunity to create wealth with risk associated with it should normally have all the right to reorganise his resources and this all means managing labour as a cost and resource. But in a country like India, where even now labour can be exploited by paying subsistance wages, and where there is no social security cover, it is necessary that certain disablers need to be put in place.So firing people at will is not going to help. Putting reasonable compensation in case people are fired should be introduced. Today the law says pay 15 days wages for every completed service as compensation, plus virtually all the cases permission from the government(which one would not get)helps neither the labour nor the owner.The government needs to hand over this mechanism to the body of union and management representatives with adequate power. The track record of owners to take care of labour is pathetic and the Government of the day supports this. The most ugly case is the mill in Parel which are being devloped as luxury apartments, hotels and malls. The owner could not manage the businesses and instead of getting into big losses are making even more money by selling them. And the labour which toiled for life, is not getting even a meagre share in this bounty. In fact the Chawls in parel dwarfed by all glass and shine buildings is a clear example of how the whole system has failed.
Re: Re: Firing labour,not the solution
by Haatim on Oct 22, 2008 12:09 PM
Mahesh Godbole why dont you set up an Industry and fufill all the wishes of the workers
Re: Firing labour,not the solution
by Me Patel on Oct 22, 2008 12:19 PM
Well said. He looks to b goon of Raj thackrey or may b red flag wala who work only in strike.
Re: Hi Guys
by Vinay Joshi on Oct 22, 2008 12:22 PM
Huh? Are you for real!! Or are you a guy in a disguise! If you would have been in a chat room, you would have been flooded by private messages. sweet guys!! How wonderful is that!
Employee costs hardly constitute 506% of the turnover. Like I'm now in a big realty hose whose downfall is solely due to idiotic land bidding causing excess holding of land at an unrealistic price. How can it be a fault of the employees ?
