Why are the internal targets that are set not announced to anybody? How can you show a sustained revenue growth of 5-6% and still say that you have lost in the EVA target set?
The results were declared in the mid of Jan and dividends announced for the shareholders. No cuts in this? Wasnt the management aware of the shortfall at the time of announcing the 3rd Quarter results?
Nothing happens to the shareholders(Management holds many shares), but cuts for employees.
No transparency and hidden the facts to public when declaring results.
All these things are happening because there is no one who question them. Taking advantage of No Employee unions.
RE:No Unions for Employees and they Keep cutting salaries
by Prashant on Feb 01, 2008 03:29 AM Permalink
You dont need unions buddy.. It is free market. If you find another job take it. How unions will help you, if they make deal with leaders?
Be a leader urself. If you are sure u dont deserve what u get quit or keep quite.
RE:No Unions for Employees and they Keep cutting salaries
by on Feb 01, 2008 06:51 AM Permalink
Bceause the next company you go to, the story would be repeated. In the manufacturing sector unions "work" yes I mean "work. In addition to meeting target and most importantly they do employee good. The workers do their work on time complete their and they ask for benefits that they deserve. win-win for everyone
Problem comes due to the greed of management who wants every thing "cheap". Also lot many times media portrays unions as bad. In my opinion if these people are not unionized the management would suck even the last drop of blood from them.