Financial Disaster
The world of finance is interconnected. You may see things, production running well,where you are working.Behind the scene the management is struggling. For the sake of progress some of the frustrations you are not told because you can 1.be demotivated. 2.be unproductive. 3.look for another job when you are still working OR 4.Work part time somewhere. 5.misbehave 6.demand their pension 7. resign. Thats why the management will not tell you about all the problems which they encounter. The management have the following options 1.Borrowing 2.Selling some of the assets like transport. 3.Closing some branches. 4.Renegotiate the rent 5.Reducing the work space. 6.Cut hours of work. 7.Give more free days. 8.The last Resort is insolvency. The labour expects to be involved right from the beginning.When there are problems the labour will agree to -No increment. -Reduced working ho...