This is really redicilous that the company did not met there targets. They met the revenue target, Profit target but could not met there other important target.....who is responsible for this....on one hand company claims that the productivity of employees have improved and on other hand the company claims that the company could not met the targets and is cutting the variable pay linked to employee performance.....means the performance of the employees is not good....and still showing above expected results in the market.....is this justified....
RE:Jago India Jago.....
by Harpreet Bhinder on Feb 01, 2008 07:18 PM Permalink
So they have a profit target on, and it is told to the company in advance,hit it and you get it, don'd hit it don't get it, and exceed it and get additional payout- it is a sharing of the risk, all companies do it. So if they tell it in advance and you don't like the target they are setting, quit and go work somewhere else- only problem is that they too would have a target. So why should the company bear the cost of dollar going down ? It is not the company's fault ? Well that is the vagaries of the market and the employees have to learn to deal with it. Don't like it ? Open your own company or be an entrepreneur.
