Sunday, February 22, 2009

Next steps in the right direction..!!

The following are my thoughts on Companies Vs Employees..
1. Companies should cut down their revenue targets as most of the countries GDP is not going to grow positively.. or will be in negative growth.
2. Companies should not acquire other companies even though valuations are cheap or lowest levels. When the companies acquire / merge with .. final loosers are always Employees. If they can guarantee that they will not layoff employees then only it should be allowed.
3. All Govts should protect employees not only companies.
4. All should take cut in salaries. All board members, CXO's.. must take 50-60 % cut, VP/country heads etc.. should take 50 % cuts. All bottom level also should take cuts varying from 0 to 10 or 15 % cut.
5. No Performance compensation for anybody in the companies..
6. All companies should cut thier billing rates, products rates, license rates to become affordable to all people, companies, vendors, govt, colleges, SME's etc.
7. Govt should ban acquisitions for 2-3 years.
8. Govts should ban Lay off's for the next 2-3 years.
9. All Govts should put Salary cap to top level executives govt, pvt, ltd all listed companies etc.. all most .. should not leave even single companies.
10. All companies goal should be to Survive for next 2-3 years not to make profit.
11. Employees / People are most valuable in any time.
12. All luxuries / facilities to all the people in the companies should be taken away.
13. Reduce the work hours so that more people can work rather less people working for more hours.
14.Default period should be extended to 6 to 9 months than the current 3 months or 90 days period.
15. Management should be pro active to reduce their salaries every month if the conditions are not improving.
16. Provide credit to companies at zero percentage interest.
17. Ensure to bring down the Profit margins to less than 10 % for any company.
18. Allow employees to be part of the goal setting of the companies. Active participation and sharing the ideas will improve the commitment towards the companies.
19.Agian put moratorium on layoffs for 2-3 years.
20. Bring down the INCOME TAX levels on the individuals, companies from current levels at least by 30 to 40 %. Increase the people purchase powers
21. Put Restrictions on Individuals buying multiple home properties.
22. Put Restrictions on Individuals having multiple 2 wheelers / 4 wheelers.
23. Introduce car pooling as mandatory for all the 4 WHEELER owners in the companies.
24. Investigate all the real estate companies and verify their books.
25. bring down the land valuation rate, stamp rate and registration rate.
26. Introduce law which mandates all the CITIZENS to work for COUNTRY SIX / TWELVE – (6/12 Months).
27. Remove the STPI, SEZ facilities to BIGGER companies. Any IT Company whose Turn over is more than $ US 500 million should be removed from the IT exemption. Allow small companies to set up and grow in bigger no.s.
28. Govt to provide / allocate 20 % of work to small to medium companies.
29. Any mis management at top level people should be barred from taking any positions for at least 5 years in any form of employment.
30 IT employees also should form Union to protect themselves and safe guard from exploitation of companies.
31. Remove the gratuity period from 5 years to 2 years or even to ONE year.
32. Any lay off only allowed if the company under loss for 2 to years consecutively. Labour commissioners should be involved and authorize the lays off. They should provide equal opportunity to Employee and Employer also..

Many more thoughts will be added sooner..

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