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Added by: cmadevarajan @ 08 Mar 2012 19:10
Wage Mechanism for Sustainable Business
This is a post by Grad.CMA Vinayak Sahni.
There are many things that have already been discussed in this forum as to what should be included in performance Appraisal report...my aim is to explore new unconventional areas which are overlooked by many stakeholders but still are very vital for sustainable business modal.
I was thinking about unconventional reporting from past few days...I have come out with three areas ....tday My theme is " wage mechanism for sustainable business".
wage mechanism for sustainable business
Today there are many companies who on their social responsibility front score higher grades by highlighting what they have contributed towards community in which they are operating but there is also a flipside to these overly highlighted gestures by the corporates.
Now , There could be case that organisations are following certain unethical practices that help them to get compensation for the cost incurred on csr.One of such practice could be in form of curtailed labor wages .., As lower labor contributes to largest chunk of working population in India , this practice could be very fruitful. Even by curtailing Rs 10 per labor the Corporate house can be greatly compensated for the cost incurred on social responsibility practices initiated by it .
To find out discrepancies in Social responsibility reporting by highlighting hidden unethical practices initiated by corporate to make themselves compensated for ...
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