One of the prime reason why few small companies never make it big even after they have been existing in the market say for about 15 long years.
Is because (my assumptions),
- They never think big (broad).
- The top management keeps talking about long term relationships but in reality never build a real long term relation (with their own employees).
But why I am saying all this?
May be, I am not cent percent correct, but an incident made me think on these lines.
During, initial days of my career; I worked with a small company for about a period of 2 years. I was paid a small stipend but the company offered us really good incentives. Incentives were only motivating and lifesaving thing in that company.
I still remember on one fine evening, my boss had one-on-one meeting with all the individuals, during which it was communicated that the quarterly targets have been raised-up. I was happy that we would earn more incentives but on the other hand I knew that it is going to be equally difficult as the new targets were sky high.
It was a sheer coincidence that the same night I get a call from a U.K. India
I got a chance to single handedly manage my first ever semi-overseas assignment. In just 2 weeks 80% of my quarter target was achieved. And by month-end I managed to close two more positions in different companies and reached my assigned target just in a month’s time. This was going to fetch me a massive incentives ever.
In that same month I got a job-offer from a huge multi-national company and I had to leave. During my full-final settlement I was expecting this incentive along with my last month salary.
I could not believe when they refused to give me my incentives.
It’s a motivational tool and when you aren’t there anymore, no-point giving incentives. They said!
After which, I had many email exchange with the owner of the company but no success, sad part was for an amount which was meager to them; they ended up losing a long term relationship. I know at that time he didn’t realize it because I was just a small time employee in the company.
Today, I assume that because of many such small and cheap decisions taken at various levels in organizations, directly or indirectly hinder the growth of an organization (these unnoticed wrong decisions will somehow affect the future effectiveness of an organization).
Such attitudes (approach), just for a small amount of money; employers are ready to forget the contribution of their employees. When your employee is committed and giving his/her 100%, why these, big experienced guy can’t even stand-up to their small promises.
Guys think big!!! Do not lose good relations because of money.
I will try my best that I don’t make such a mistake in my life. Plus, I will try best to continue a good relationship even with this x-employer of mine.
“Losers always promise, winners only commit”
I think everyone understand these small facts but what they don't realise is that, history may repeat itself any time and maybe you are on the other side of the table......
ReplyDeleteAhwesomeee... :) All iz Well effect ;)
ReplyDeleteP.S---> "We Learn From Our Mistakes"
ReplyDeleteThanks for this..!.. Its a lesson for 'em who are new to the Business field..!
Nice one,this had even happened to my known friends when they were working for a small time company,which never really cared about building strong relationships with their employees and neither about their growth.Yes its a shame that you have such companies. A perfect company should give a mentality to the employee which makes them think "I'd be stupid to leave this organisation or i cant afford to lose this job!"
ReplyDeleteAs a company when they give this feel to the employees,i think they become elite and they keep growing with out even adding headcount.In the game industry,perfect examples for this are "Epic games,Valve inc,ID software,Naughty dog,Blizzard,Infinity ward" and to name a few.
The stark irony is that these issues form the fundamentals of management. And may be that's the reason why management/companies have to pay a higher price (including non-monetary) when they overlook the 'obvious'
ReplyDeleteClearly has impacted you a lot! But its a good thing that you identified these practices early on !
ReplyDeleteQuite an emotional scenario!
ReplyDeleteSince we are in HR profession, it would be a wise idea to set up a win-win policy for the benefit of both the management and employees.
Payouts should always be time-bound.
If incentives are means of motivating employees or rewarding exemplary performers, then there has to be a well defined guideline on pay-out time as well.
Transparency and fair-deal are win-win for any given business or relationship.
And if at all the employer falls back on written commitment, then one should fight for justice!!
I am sure, experience is the biggest teacher :)
All the best!
I don't think it's a small company or big company issue. I had quit Sitel in the end of the month, and they never gave me my pending salary. Simply because the guy in HR didnt feel like it. I did follow up with them a couple of times, but I never got it.
ReplyDeleteIt's similar to a govt clerk not releasing someone's pension. I think it depends on the person who has the authority/decision making. If he has this kind of an attitude, whether its a big co or small, if he/she is an employee or owner doesn;t matter.
This made for a good read. I enjoyed understanding your thoughts and opinions on this. However, I am not sure if this is only the case with 'small companies which never make it big.' I do know of some reputed big companies, which ill-treat employees after they put in their papers.
ReplyDeleteI like the sentiment you have expressed here. Sometimes the big guys don't keep the small promises they make, and forget that those small promises mean a lot to ordinary folks.
ReplyDelete