We all wish that we
have a pocket full of cash or a bank account with copious amount of fund in it.
Yet, wishes rarely become reality and reality doesn’t allow wishes to sneak, it
just stays unfulfilled wish on the wish list.
So stemming from these
unmet desires, youth resort to different means of taking out the smoldering
frustration out at the 1% of the population who get to live out their dream,
with actions such as strikes, vandalism and affray. Yet, worse is the scenario
of working youth and the middle age workers where their demands for high scale
pay and unmet facilities give rise to acts such as strikes in the working space
resulting in crores of loss in human asset, fixed and other financial assets;
not forgetting the losses in terms of business put down to drain due to un
matched demands by clients or customers.
Similar was the scene
that hit Springwood a while back, where the close to thousand females’ bred
basket was put on the ground for the politically affiliated union’s two, three
males to kick it like football and score at the wrong end. Those politically
affiliated unions put up demands which were preposterously insane and demanded
something out of the league for the owners of Springwood. Thus this dispute resulted
in closure of the factory leading to damage to their goodwill in terms of
unhappy clients in the European Market. They lost their clientele business in
the European market and thus incurred losses in Millions of Euro. The factory
was shut down and the families of those close to thousand working females were
out of jobs and taken to be thrown in the lurch.
So the question is who
is to blame for this? Even though the question is merely rhetoric, yet
answering it might point the finger of the culprit towards anyone of us. So now
we seek solution to this. What would it take for organizations to keep their
employees happy by meeting their demands and tying up them with the company’s
good will? Even though different measures have been tried and tested to
mitigate this woe of the medium to large scale business houses and industries,
there are still so many loopholes they are yet to be put under the scanner of
the meticulous eyes of the critique who may just contextualize similar solution
to be tested in Nepal.
It is about giving
stake to the employees but one might argue that giving out bonuses like in
financial institutions, big corporations like NCell have been trying out this.
Yet, this union and employee issue is imminent and financial woes beckon in the
future. So, what is it that could hit the bulls’ eye and knit-pick the issues’
core cause and hit it for total eradication?
Then there comes
strategies that huge international corporations like Apple, Amazon, Microsoft, ebay
have been employing and it is about giving 30% of the stake to the employees.
Then they could be provided with benefits either from that basket of 30% stake
or having a different basket like the Employees’ Provident Fund that is the
highlight of Government jobs; this is the very reason, most Nepalese see it as
the most lucrative of the features that has majority of the citizens pouring
into government jobs.
So, how does it work
and how will the scenario change? Now, analytically scrutinizing this
situation, we could see that daily wage earners or salaries earners will be at
loss for each day, or every hour gone at waste in protest for their unmet
demands as they themselves are stake holders. If this plan is scrupulously read
out to the employees they would know that harder they toil at work, better is
the business and greater is the company’s profit and greater is the bonus plus funds dropped into
their basket in their shareholders’ account. Thence they would see their time,
dedication to hard work as investment.
With a bit of thought
into this, one would be motivated to work harder if they were given more
incentives to work and if the stake for benefits were to be raised for every
best performer at each level in the organization, better might be the input in
terms of hard work, dedication and honesty towards work. Then the employees,
who are affiliated to various unions from various political factions, will
understand the notion of “No Work, No Pay” and the implications of vandalism in
the streets, offices and various other places where they take out the wrath
emanating from their misconception of underpaid and unfair jobs and/or
management.
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