There are many advantages of having more investment in private sector. The very important is it creates more job opportunities. Jobs are given to all classes of people. Highly qualified, semi qualified and low qualified people benefits from this. Even good skill training is given to people which will benefit in the future. Employees are made understood of their rights by employment lawyer.
Courts give justice to people. When people have any concerns with regard to any law and order situation in given area, would approach police for assistance. The police may take up the matter and try to sort off the issue. These guys would also charge cases against people who were involved in the crime.
Government servants gets more respect than private employees. A small job in government sector brings equal respect as that of a professional in a private firm. There would be huge difference in salary, but still government employees will have more social status. Years back the salaries in government sector was less compared to private sector. But now the situation has changed and now these people also get good payment for job.
There are funds required for proper running of business. Private firms are able to raise funds easily from market. These firms can pool money from share market. Also if the ownership need to be changed or transferred, it can be done by selling more of the shares to that particular person.
There are many options for a firm to remove people from its rolls. Companies would introduce new challenges for its employees to perform. Newly recruited guys may be able to meet the challenge. But this would not be the same for aged people. These people would have to strain a lot to achieve the tasks. Some people might be able to achieve, where as some other would be asked to leave.
This can lead to vengeance. The business man would adopt to wrong ways to handle this resident. Sometimes would arrange for goons to handle this guy. Most probably the guy would be beaten up and wounded seriously. This would create a terror in the area and other people would also be afraid to complain against this bad guy.
To improve performance of its employees, management gives various awards in which cash is involved. The employees look for the prestige received, while getting awards from the leaders. Some firms even allow to bring parents and relatives to the production floor to watch the award ceremony. This improves social image of the employee.
Most often people hesitate to approach court for various things. This is because, there is much cost involved in that. Fees has to be paid for lawyers and there shall be court fees to be paid. Also the person may not be able to go for work on that day, on which the hearing is held. Also there are possibilities of cases been postponed to some other days. Work has to be skipped on those days also.
Some firms pay less for their employees. This is to create more profits. There can be workers who are paid less for years. But these people stick to the firm as there would not be much job opportunities available anywhere. The attitude of the workers may change when salaries are not increased to a decent level.
Courts give justice to people. When people have any concerns with regard to any law and order situation in given area, would approach police for assistance. The police may take up the matter and try to sort off the issue. These guys would also charge cases against people who were involved in the crime.
Government servants gets more respect than private employees. A small job in government sector brings equal respect as that of a professional in a private firm. There would be huge difference in salary, but still government employees will have more social status. Years back the salaries in government sector was less compared to private sector. But now the situation has changed and now these people also get good payment for job.
There are funds required for proper running of business. Private firms are able to raise funds easily from market. These firms can pool money from share market. Also if the ownership need to be changed or transferred, it can be done by selling more of the shares to that particular person.
There are many options for a firm to remove people from its rolls. Companies would introduce new challenges for its employees to perform. Newly recruited guys may be able to meet the challenge. But this would not be the same for aged people. These people would have to strain a lot to achieve the tasks. Some people might be able to achieve, where as some other would be asked to leave.
This can lead to vengeance. The business man would adopt to wrong ways to handle this resident. Sometimes would arrange for goons to handle this guy. Most probably the guy would be beaten up and wounded seriously. This would create a terror in the area and other people would also be afraid to complain against this bad guy.
To improve performance of its employees, management gives various awards in which cash is involved. The employees look for the prestige received, while getting awards from the leaders. Some firms even allow to bring parents and relatives to the production floor to watch the award ceremony. This improves social image of the employee.
Most often people hesitate to approach court for various things. This is because, there is much cost involved in that. Fees has to be paid for lawyers and there shall be court fees to be paid. Also the person may not be able to go for work on that day, on which the hearing is held. Also there are possibilities of cases been postponed to some other days. Work has to be skipped on those days also.
Some firms pay less for their employees. This is to create more profits. There can be workers who are paid less for years. But these people stick to the firm as there would not be much job opportunities available anywhere. The attitude of the workers may change when salaries are not increased to a decent level.
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