Nilachakra

An employee of a shrinking employer

Jaya Jagannath,

A director decided to award a prize of Rs.1000 for the best idea for saving the company money during the recession. It was won by a young executive who suggested reducing the prize money to Rs.100. Ok, stories apart.

The whole point of this story is to encourage employees to start thinking about how to save employer’s wealth. Thus not only help the employer sail thru, but also to take along the employee across recession ocean.

As an employee what can we do :
• First of all an employee should take it for granted that employers are not money plants. Think mutually. Plan for each and every activities and steps that you take as a part of your profession. Ensure you yield maximum that benefit maximum to your company and that too at the least cost of investment.

• Try to find out all those activities, scenarios and parameters that are causing huge expenditure to the employer and can be survived without. Find out all those facilities that comes under luxury category. Suggest your management and ensure them that employees can still manage without them. Thus at one end maximize company’s profit margin and on the other end minimize it’s investment.

• Although in your circle and project segment, design along with your colleagues and manager, a better strategy, framework and suite to find out how to enhance your output, productivity and how to measure it’s influence over Return on Investment (ROI).

• Learn market competitor’s strategy, find out how to explore more potential business in the market. Suggest the marketing and sales department about every scope of opportunities that can be feasible to spread corporate business along. Remember ever company that spreads wings across market are being backed by a strong team of strategy makers who are non other than the best brains among their normal employees at the end level.

• Try to educate co employees about the crucial need of the hour. After all money is not everything, but being a loyal employee during it’s economy break down time is much more than true devotion.

• Make the best of your deliverables, do it much well before time and do it cent percent perfect. Client once delivered with this deliverables must ensure to enhance business and also introduce more potential customers to your company.

• For cost cutting if your management decides to trim work force, help them with alternate solutions of cost cutting. A good approach can be like suggest the management to design a step wise approach in trimming highly paid but less effective employees. step 1 should be to reduce their salary by 50% of all least performers. give them time to prove their productivity, else again reduce pay by half, do this for five steps. The management objectives will be solved, but the employee also get fair chance to prove his worth or else not get a shock at least.

During recession or aftermaths, Thinking straight may not always help. Let's think a twist. Let's spin the ball now. Objective is to hit those same job sticks, but avoiding the layoff bat. Although it's not a dawn of Economic boom up, but still many big companies are recruiting. Looking for best of the breed of professionals and even offering close to one and half times of current scale. All you need is to make yourself the best eligible and get the right offer pocketed. Jaya Jagannath.

Any qns u want to ask us?
Before I could join how best can I prepare myself to be proved as best suitable for the ongoing project at your end ?

Resume your gate way to Profession
It is neither Tough getting a job nor tough sustaining with your job
A secret plan to stay afloat during Recession
To be a TOP Talent in an IT industry
Tricks of getting a job within a week
To preserve the Impression of Odia people in IT Industry
Performance Appraisal and Salary Hike
The Lay off Cycle
Tricks to avoid lay offs
Performance in IT industry, Orissa Vs our neighbouring state candidates
Before joining your first Job in a software company
25 top secrets to be the best employee
Why Employees Leave Organizations
Melting Global Economy and How far we are responsible 



Regards
Team Nilachakra