Profit declining Essay Example | Topics and Well Written Essays - 1250 words

Profit declining - Essay Example As the employees are aware of the competitive business environment and its pragmatic repercussions on the gross and net profits of their boss, they shall certainly induce and develop a soft corner in their hearts. They shall understand their dear Costlo's depressions and aspirations. After all they have been enjoying and utilizing enormous fringe benefits from Costlo and his company over the years. These benefits are reaped and in turn their Kith and kin also benefited. As it shows that the company is paying more medical benefits that is to say that 30% more than their largest competitor. This works out to huge amounts of dollars. This differential amount shall work out to be considerable economical revenue factor in Costlo's amount. Costlo has been looking after their employees at every eventuality. Their stores are well lit; their stock houses provide ample space. And they are well hit. Amiable working conditions for his employees. Is he doing out of benevolence for his employees or may be strategy to extract and generate more work is best known to Costlo. But it works out so wonderful. It is a grand unison of mutual interpolarisation. Costlo stands by for his employees. In the same way his employees do stand by Costlo by showing their loyalty and prompt hard work. Over the years this has been happening rhythmically in a symphony. What the employees feel all of a sudden if their medical bills are cut by 30% This actually is question to be answere d by his employees. In the initial stages there may be some antagonist feelings. But when they understand the problem that has cropped up in their retail stores, I am sure they will yield. No remorse. No regrets. Every day is not a Sunday. In business the sailing is not always smooth. There are rough and potholed roads with bumps and ups and downs. When the employees are enjoying over the years it is their customary duty to understand and the situation of the retail store and Costlo. Hence when they come to terms with grim position of economic revenues of the retail outlets, I am of the opinion that the employees, bounded by morality shall extend their cooperation unstinted. They shall bear the brunt and smile it off. In the event they show any regrets also may not look appreciable. It is the moral responsibility of the employees to stand by Mr.Costlo while he is declining the economical revenues. If they express remorse and regrets, it may be that they have to leave the company and seek employment elsewhere. But what the other employer may think. The employer may think skeptical and may theorize and surmise. These workers have enjoyed all these years by all the benefits extended by Costlo. When the company went in loss they are ditching Costlo and seeking employment from. What if they do not perform the same on me when, God forbid, the event may befall on me It is just like that you are not doing anything to save a sinking boat that traveled. Therefore cutting down 30% of medical expenses shall make up revenues to some extent. The other aspect of retrenching senior checkers of the checking lanes are, retailers like stuff mart and