Saturday, August 1, 2009

Fair company

Nowadays we are flooded with news about pay and bonuses in the big bank where the bonus pool is larger than profit. Then there are the other side of the stories where employers run away with pay and leave the employees without pay.

I am wondering, have been wondering for long in fact, whether it is possible to set up a fair company. Seems logical and easy but haven't even found any that is built on such principle. What I mean by a fair company is where the profit is shared from the top to the bottom. Where say a profit of 1 million goes to the CEO for about 10%, the rest is to the say, 50 employees. There must be a way to work out a fair proportion where employees feel the CEO worth getting paid that much. Doing so, everyone in the company will be spurred to work and feel ownership. This is very ideal, I realize. How do you find a CEO nowadays that care less about his pay and bonuses? How do you find a married man with less worry on how to feed his family?

But I do strongly feel that unless we as human dare to stand up and share earnings in more equally manner, all of us stand to lose. The violence in Africa is a living testament of such issue and as the few corporation complexes (fortress like) in Indonesia where the surrounding is still forest like.

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