Employees should understand that people do not start a company for charity. so, all companies directly or indirectly run on the word "profit". Without profit, there will be no employees. Of course the companies can focus a little bit on employees but that is not a rule.
By
Munshi Ramchand, Retired
| 06 23 2011 17:23:36 +0000
All the activity take place in company should be profit centric.and when a company starts thinking about the bigger profit the first priority becomes to satisfy their employee in financial as well as atmosphere site.
By
Pankaj Gupta, RO, American Express
| 06 23 2011 16:20:56 +0000
BOTH ARE MUTUALLY CONNECTED. PROFIT IS IMPOSSIBLE WITHOUT EMPLOYEES AND EMPLOYEES PLAY AN IMPORTANT ROLE IN GAINING PROFITS.
BOTH ARE INSEPARABLE.
THANKS.
By
Sairam. M, System Administrator
| 04 23 2011 03:32:42 +0000
someting emplyee is very talent but due to some home problem or any financial condition to he got less percentage so in this case his talet or his skill is important rahter than is profile...
By
satish , MBA/PGDM student, sinhgad institue
| 04 15 2011 09:58:15 +0000
For every company the most important asset is its human resource. A company can run without machinery and profit, but not without the human hands and brains. Though for long this asset has been neglected, but its time the companies give some time for this outstanding asset.
By
sanjay dey, Tax & accounting , Consultatnt
| 04 14 2011 17:36:15 +0000
For a Company profit is important any day actually the company has come into existence to generate profit. Company cannot do any thing on its own so the Employees are the main important tools. Who take care of their employees will earn more profit as compared to other companies in general. Hence good companies will take care of its employees first.
By
Rathin Deb, Freelance Retail Consultant
| 04 14 2011 08:24:13 +0000
It is similar to the action of a captain when the ship is sinking.Some weight has to be unloaded to save the majority of the people.Such actions are inevitable.It is time the Govt. amends the CONTRACT WORKERS ACT so as to benefit the employees and the management.
By
MANI SUNDARAM, EXECUTIVE DIRECTOR CORP, Super Auto Forge ltd
| 04 14 2011 02:21:29 +0000
if we take example of a person what he do? he do the things that are beneficial for him. like a company do the things what is beneficial for it. And what is the most beneficial for the company, i think its money and profit. so profile is most important thing for a company. other things lie after it.
By
Nitin Mehra, Software Developer, ROBOMAN MICROSYSTEMS
| 04 13 2011 21:39:03 +0000
Any company has to get some return on investment of share holders otherwise the capital will go shrinking as share holders would not like to continue to keep their monies in a company that does not give return on investment/dividend the moment the dividend starts going down the share holder thinks of disposing off his share to cut the losses. If a company is not making profit in some of its operations/areas it is only natural for the company to shred those operations and try to improve the areas where it is doing well. As regards the employees they are associated with a particular set of skills associated with area of operation they are handling if that area of operation is not turning out the profits the employees should blame themselves for continuing in their job as they will be well aware of the way the operations are going by the way only those people who cannot find greener pastures when the decline starts will be holding on to the jobs.
By
kanukurthy sudershanrao, Operations Manager, Andhra Bank
| 04 13 2011 16:10:20 +0000
Today if companies need to survive they have to think differently,the have to re-imagine their business plans to ensure growth. Sometimes companies lay off people in order to hire much more. No one will talk about it when they go on a hiring spree tomorrow hiring double or triple the number of people they lay off today.
By
Percy Doctor, Management Consultant
| 04 13 2011 13:54:41 +0000
business is not a charity,yes this is true that employees are assets of any company bt this is true without money there is no staff satisfaction.company should take care of his monetary values with employees' satisfaction.
By
neha choubey, BUSINESS OPERATION OFFICER, LKG JEWELLERS PVT LTD
| 04 13 2011 13:07:36 +0000
Having an experience of being an employee and now being a business man myself. I would like all the employees to think this way. Employees are very much important for every company. But just because employees are good, the company can't hold them even though its running in losses. If the company has money, then only it can pay the employees. If it's not having money, then the company cannot do debt's for paying the employees. It is obvious
By
Md Abdul Quddus, CEO/MD/Director, BotQ Home Needs Private Limited
| 04 13 2011 12:22:19 +0000
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Employee first then profit are important. Company can not run without employees in todays scenario. And profit also can not possible without field staff or employees. More or less employee must require. So employee first then profit. And employee is comapny's profit. Thanks Ms.Sujatha for referal..
By
Virag Shah, Confidential
| 04 18 2011 08:55:04 +0000
Ya Sujatha, it is a great topic. In the recent scenario some company thinks about employees prospective, but normally about company profit. In MNC their moto is to gain profit only, they talk more about employee prospective but in practical it is different.
By
Jagdeep Ohlan, Engineer Maintenance, ACPL
| 04 18 2011 06:29:46 +0000
Employees are important even when the companies are not doing so well.(As I read somewhere) When employees go (lay off or otherwise) they take the knowledge, experience, domain knowledge and client knowledge straight to your competition!
By
Aravind Murthy, Technology Analyst, Infosys Technologies Limited
| 04 17 2011 13:03:52 +0000
Empolyees are the one earn profit for the companies, hence right employees are very important. Employees need to be professional and accept the reality of business and do the best to earn profit which will result in growth for all or else loss, closing the business and lay-off.
By
Cyril , General Manager & Head - Marketing , Bajaj Electricals Limited
| 04 17 2011 08:28:57 +0000
I agree with Mrs.Sujata if your Employees are Well skills and educated then you don,t have to looking after profit, Profit will come to you. So Employees are Important.
By
MD ASIF ALAM, Sap PP Functional Consultant, IT
| 04 17 2011 06:56:31 +0000
In my opinion both are important. Every company wants to maximize its profits and expects the ROI. The profit generation is the result of group efforts and employees are also important.Some companies are giving importance to their manpower and some may not. But the companies giving importance to the employees are very much sustainable in the long run and others are in the short run and not able to sustain long. Everybody in the organizatios is contibuting for the success. Thanks Ms.Sujatha for the referral.
By
NATTERAJA R. ARIKRISHNAN, GM-Projects, Bentec Electricals & Electronics Pvt. Ltd
| 04 15 2011 16:45:16 +0000
IN ANY INDUSTRY IT IS NOT PROFIT THAT COMES FIRST IT IS THE WORK FORCE. THE PROFIT OCCUPIES THE LAST STAGE IN 4P'S CONCEPT.
By
sudhakar , BUSINESS CONSULTANT
| 04 15 2011 16:40:39 +0000
We can not distinguish profit and employees. To run an organization, profit is must. To gain the profit man power is must. In such circumstances, employer should not decrease the man power for the sake of maintaining the profit. Employer should have broad mind to distribute the profit in a ratio such that either employer or employees should accept it, viewing the present company's condition. It make more profit to the company from the employee's in due course it fetch more for the correct decision taken by the company. This my view. If any has better suggestion is invited.
By
Raghotham R, Materials Manager, M/s.Karle Group of Companies, Bangalore.
| 04 15 2011 15:37:24 +0000
Without worker no person can become employer. Obviously, he might be invested money for company's growth and his growth. If he forget the back bone who has supported him then eventually such organization will perish. Now a days, we observe 95% of the company's strategy is to make money for company and his bosses growth only.
By
Raghotham R, Materials Manager, M/s.Karle Group of Companies, Bangalore.
| 04 15 2011 06:36:27 +0000
Employees are asset to company. This secret is more important than all, since employees are the first customers of their products. For example...Binny, Madura coats, HM are some of the firms are closed due to the dissatisfaction of their employees.
By
Paul Sureshkumar, Manager, Selvan Marketing
| 04 14 2011 10:42:05 +0000
Cause and effect it is clear that people are most important facet that is most important that can lead the companies to profit. It may also be noted strive factory of the empoyees is the difference between a profit making company and ever growing company. If the people are ignored, the ownership is lost, profits if the company is make due to market trend will not last for long.
By
srinivas , Head HR, IMNC
| 04 13 2011 17:13:14 +0000
Employees are considered 'disposible' by companies. That' the policy of most companies, will do anything to achieve bottom line performance and please shareholders. What is needed is new kind of ownership/stewardship models for companies, which will encourage real value creation over profit motive.
By
Abhijit Anand Prabhudan, Admin/Facilities Manager, Ca*****
| 04 13 2011 14:20:57 +0000
Of all the resources available to any organization, people are the most important. Any other resource can be replicated but it is difficult to replicate talent that has been honed over many years. The real problem is that in good times, organizations tend to have more employees than are needed. How else do you explain thousands of professionals being "on the bench" at any given point of time in the leading software companies? Downsizing (or rightsizing to be politically correct!) is inevitable when there is a downturn or a slowdown. Laying off people may be tempting as a cost-reduction mechanism in the short-term but is a poor strategy as it results in loss of human capital and possible loss of morale among the other employees. Downscoping is a better option. Rarely do organizations consider this option. We are probably returning to the Milton Friedman doctrine where the only business of business is to make profits. It is unfortunate because it is no longer valid. Profits are important but credibility is even more so. The best of organizations recognize this and avoid downsizing under any circumstances.
By
B V Krishnamurthy, Chief Academic Advisor and Distinguished Professor, RIMS
| 04 13 2011 14:18:22 +0000
Investing on Employees, certainly, increase the profits. Spending few lac on employee, indirectly ,contributes to enhance their out-put, motivation, morale, belongingness, more result-oriented and also reduce friction between the managements& labors thereby, reduce litigation, wastage in down-time due to strikes, legal proceedings etc. So, in my opinion, if you gear up the workforce properly, they can be primed nicely to yield your expectations.
By
KALIYAMOORTHY , Oil & Gas Area Coordinator, Undisclosed
| 04 13 2011 13:18:10 +0000
its a question of balance sheet... where we have to manage liabilities and assets equal.... so depending on company policy... what they give treatment to employees... its an assets or liability... if its an assets than company should take care of employees
By
Nitin M Aras, Head/VP/GM-Tech. Support, ODTIN Food Solutions Pvt Ltd
| 04 13 2011 11:51:34 +0000
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