Tuesday, November 11, 2014

The Fat Indian Bonus

Unlike rest of the world where bonus is given at the end of financial year , In india bonus is tightly linked to the biggest festival of the year - Deewali , on which most of the Indian Poor/middle/upper class outspend from thier budget to buy any and everything .

In 2014 , a Diamond exporter of Gujrat state savji bhai Dholakia , surprised its employees as well as entire nation by giving away 2 BHK flats , Cars and Jewelries worth 50 cr to one fifth of its employees ( near 1200) , as of now diamond cutting is not a very organized sector in India but Savji bhai has been giving all the facilities to his employees which are found in organized sectors , in fact he is going one step ahead and adding to this certain items which are core to India values and families like sending parents of employees on pilgrimage .

What stands out that Savji bhai has built great deal of understanding on the needs of employees and giving bonus suitable to such needs , he also understands , for Indian employees their family / parents . He has also kept on increasing the bonus share for employees with companies revenue and profit . by doing this Savji and his organization has definitely become best employer in diamond export industry