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Indian firms make a profit of Rs 6 lakh per employee


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kishore
Not justified
by kishore on Apr 19, 2011 05:09 PM  | Hide replies

Time to bring back Anna hazare again to get justice for all of us.....

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raju nani
Re: Not justified
by raju nani on Apr 19, 2011 09:39 PM
why should 70 years old person have to go for hunger strike again?..are we doing anything from our side apart from posting the comments. atleast form our side make sure that we are not electing these ass---- again. leader should be elected based on their qualification and servicess they have done to the people...not based on family,cast and money

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D goel
Indian Entrepreneur Believes in gettingMaximum Gain with minimumW
by D goel on Apr 19, 2011 05:07 PM

D. Goel Pkl. afternoon, 5,10pm Tuesday, April 19, 2011.
It is in the very nature of profit that it should reduce thecompensations of itsemployees to close to minimum Fodder -costs andseek to maximise theiryields by all sorts of feints and statistical sleight of hand .
Capital Accumulation cannot bepossible by Gentlemen's games. Lot ofsweated labour mustpine and rue to work for their tormentors , in absence of no human alternatives showing up in the badly run economy.Now with neo mercantilism ruling roost
Welfarist dreams are buried deep in XXIst Century Global Economic System.D. Goel

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Amit Srivastava
What a Survey!!!!!!!!!
by Amit Srivastava on Apr 19, 2011 04:52 PM

A little bit of googling around and collating reports downloaded from net.......

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pradeep kumar
Just Fake Survey
by pradeep kumar on Apr 19, 2011 04:49 PM  | Hide replies

The survey is fictitious.Just putting some random data and generated the statstics in cool comfort of the office can not be real.

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Poly Tics
Re: Just Fake Survey
by Poly Tics on Apr 19, 2011 05:00 PM
Satyam Computer Auditors - PwC. Everybody know what happened to Satyam. Nobody believe in PWC survey report

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supernova
CRAPPY & MISLEADING ARTICLE.. TOTAL NONSENSE
by supernova on Apr 19, 2011 04:42 PM  | Hide replies

How many employees get paid at Rs.4.8 lac per annum.? On what basis and in which industry has this survey been? many empoloyees hardly earn about Rs.1 lac per annum.How did the figure of Rs. 6 lac per emplooyee profit emerge? Which company gets this. Many companies especially many samall scale companies can hardly meet their expenses and barely make money to meet their interest on borrowings.
This artcile by rediff supposedly given from PWC has ABSOLUTE NO BASE. this is meant to mislead the masses and create a gap between employees and employers. Seems like a conspiracy,to undermine the indian economy. The team involved in this survey should be asked to present the basis of their findings in public or else SHD BE CRIMINALLY PROSECUTED.. Readers, please beware of the troublemakers in the Indian economy and society..

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king kong
Re: CRAPPY & MISLEADING ARTICLE.. TOTAL NONSENSE
by king kong on Apr 19, 2011 04:45 PM
very true... either it is a well thought out conspiracy or else it reveals the pure incompetence of PWC and its ilk

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khatri kumar
Re: Re: CRAPPY & MISLEADING ARTICLE.. TOTAL NONSENSE
by khatri kumar on Apr 19, 2011 05:07 PM
I agree with you. But I am a Sr citizen, who was asked to go in 2005. At the age of 56, they did not pay me my due. But I was called back, and I am still working at meagre salary, with the anticipation of me retirement, looking looking them cooly looting the company, and having 1000's of criminal cases, and also running the show. If not company's directors do earn directly and indirectly, and loot employees of their basic amenities


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Sanjeev Kumar
Re: CRAPPY & MISLEADING ARTICLE.. TOTAL NONSENSE
by Sanjeev Kumar on Apr 19, 2011 05:21 PM
It is paid news sponsored by either PMO office of our self proclaimed PM Puppet Singh or Corrupt Congress Party to make people fool. The percentage of people getting Rs 4.8 Lakh salary is less than 1 % in India. Private sector in India is the most unorganized sector in India. It works on one principal, exploit work force as much as you can. The ruling party Congress collects its own share from businessman and give them freedom to loot the work force and consumers

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vijay godbole
Re: CRAPPY & MISLEADING ARTICLE.. TOTAL NONSENSE
by vijay godbole on Apr 19, 2011 05:03 PM
Yes. You are correct. Infact rediff should not publish such data without any details.
---Prof.VPG

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Bhaskar Walke
Re: CRAPPY & MISLEADING ARTICLE.. TOTAL NONSENSE
by Bhaskar Walke on Apr 19, 2011 05:15 PM
quite right . Most of the tax payers money are distributed among the govt.of Ind. employees who are not worth it . It is a open loot of tax payer's money . These report will only show how the PWC is working . Their only motive seems to indulge in such non sense reports which is totally misleading . such reports should be made public and from publishing in the media .

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piyush tiwari
Re: CRAPPY & MISLEADING ARTICLE.. TOTAL NONSENSE
by piyush tiwari on Apr 19, 2011 05:08 PM
U are right not all get this 4.8 package..so above article is only Rediff fiction

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fightagaintevils
BTW
by fightagaintevils on Apr 19, 2011 04:19 PM

Its PwC.Is it a genuine survey??

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Jayaraman V
appreciation
by Jayaraman V on Apr 19, 2011 04:13 PM

one must really appreciate the Indian companies for giving generous salaries in proportion to productivity. In fact, companies need to look for improvement from 1.79 to at least 2.0 so as to survive high costs of today.

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rajendran ramesh
Take survey on Govt employees
by rajendran ramesh on Apr 19, 2011 03:54 PM  | Hide replies

If PWC is allowed to amke survey on govt employees,we all would surprised that most of the
employees are getting huge amount of salary for no reason.After the blind implementation of the pay commission ,there is no yard stick in govt organisation to measure the caliber of its employees.Blame it on politicians who is looting our nation with the help of so called govt employees who is incompetent,incapable,consistent under performer.People of India should realize this and elect their political leaders.In this front,Jayalalitha is very bold & she has the political will power to do the mission possible.

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Prashanth Shetty
Re: Take survey on Govt employees
by Prashanth Shetty on Apr 19, 2011 04:33 PM
Thats why Jayalalitha lost all 30 Loksabha seats in the immediate next elections. A leader cant work like a dictator in a democratic set up. He has to be the leader of mass. Again its not true that all politicians are corrupt and all corporate people are saints. It depends on the individual. An individual is corrupt whether he is in Government sector or private sector or in public service. As far as Government employees are concerned, its been a fashion in India to criticize Government employees. If you think we are earning huge amount of salary, instead of complaining you can take the competetive exams and get selected. Then would one realise the kind of effort that's required to get selection.

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kishore reddy
Re: Re: Take survey on Govt employees
by kishore reddy on Apr 19, 2011 05:05 PM
Yaa...we know how many gets selected based on the performance in the competitive exams.Infact, the seeds are sown for corruption even before taking up the job by bribing the concerned people to get into it and then extracting the same from others laters.

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Prashanth Shetty
Re: Re: Re: Take survey on Govt employees
by Prashanth Shetty on Apr 19, 2011 05:14 PM
IAS posts and Group C posts are entirely free from corruption. Only in case of Group B posts, corruption still persists, that too in interview stage.

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piyush tiwari
Re: Re: Take survey on Govt employees
by piyush tiwari on Apr 19, 2011 05:11 PM
Majority of the Govt employess are Non Performaing Asset of Govt

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Prashanth Shetty
Re: Re: Re: Take survey on Govt employees
by Prashanth Shetty on Apr 19, 2011 05:15 PM
So the Government is working itself without employees effort is it??????

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kishore reddy
Re: Re: Take survey on Govt employees
by kishore reddy on Apr 19, 2011 05:05 PM
Yaa...we know how many gets selected based on the performance in the competitive exams.Infact, the seeds are sown for corruption even before taking up the job by bribing the concerned people to get into it and then extracting the same from others laters.

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bhaumik gajjar
Re: Take survey on Govt employees
by bhaumik gajjar on Apr 19, 2011 04:07 PM
Very true sir...

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dattu saripalli
Re: Re: Take survey on Govt employees
by dattu saripalli on Apr 19, 2011 04:13 PM
I pity your knowledge on this topic,Look at the public sector giants like ONGC,BHEL,NTPC and their profits.Dont speak with incomplete knowledge.By the way i work for ONGC and take pride in doing it.

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Dipankar Talukdar
Re: Re: Re: Take survey on Govt employees
by Dipankar Talukdar on Apr 19, 2011 04:31 PM
Everybody knows, ONGC pays hopelessly high salaries.. The end result is the ever increasing fuel prices, which the common has to bear the burden of.

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Prashanth Shetty
Re: Re: Re: Re: Take survey on Govt employees
by Prashanth Shetty on Apr 19, 2011 05:26 PM
Sell these Companies to private sector, they will fuel for free!!!!!! Lets remember one thing, if Government earns profit, it is meant for the public. Some portion of it might go to wrong hands, but profit earned by private sector is entirely private property of the owners. Lets not worry if Government earns profit. If we do we are causing harm to ourselves

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p jhg
Re: Re: Re: Take survey on Govt employees
by p jhg on Apr 20, 2011 10:46 AM
dattu bloody u these are not giant . what abt their profit get tax subsides , have monopoly in own business. if ur ongc have guts then y not given approval to anil agarwal vadanta . u fear to loss out

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kishore reddy
Re: Re: Re: Take survey on Govt employees
by kishore reddy on Apr 19, 2011 04:31 PM
BUll shit....How many competitors u have for the so called giants u are barking about. Privitize all the sectors and see where u stand.Also keep in mind that u people are not inventing any thing new but selling the natural resources to the people with hired technologies of abroad nations.

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king kong
Re: Re: Re: Take survey on Govt employees
by king kong on Apr 19, 2011 04:47 PM
The likes of ONGC is selling off natural resources in a monopoly or near monopoly environment. Any fool can do that and still make a profit. Open up the oil sector to real time competition and see ONGC, IOC and all other Cs tumbling down like a house of cards

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sachin
Re: Re: Re: Take survey on Govt employees
by sachin on Apr 19, 2011 04:32 PM
there is less competition from pvt companies in all the areas of work in which ONGC, NTPC and BHEL are involved...

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