B&E’s Pawan Chabra peeks into the dissatisfied lives of Bajaj Auto workers who opted for VRS at the Akurdi plant
Ask any automotive expert and all you can hear is praises for Bajaj’s strategy, “On the business part of it, I believe Bajaj did the right thing by closing the Akurdi plant,” explains Wilried Aulbur, CEO, Mercedes-Benz India (who has the manufacturing facility at Chakan, same as Bajaj). But when one looks at it with a human viewpoint the approach certainly differs a lot, as Dilip Pawar, President, Vishwa Kalyan Kamgar Sanghatana laments, “The kind of image the company portrayed in front of the workers, they had no other option rather than opting for VRS.” In fact, Pawar claims that 75% of those who opted for VRS are either sitting idle in their home or have become alcoholics. Subhash Sareen, General Secretary, Pimpri-Chinchwad Mahanagar Palika agrees, “After opting for VRS the worker loses balance in his life and his mind-set starts tilting towards the bad habits like alcoholism and smoking.”
Take the case of Ashok Nivruttibhole, 54, who spent close to 25 years with the company before opting for VRS in 2007. Nivruttibhole banked a total of Rs.18 lakhs via VRS and after owning a motorcycle (though a Hero Honda!), a Maruti 800 and a 2 BHK in Akurdi, one can say surely that Nivruttibhole is one of the few who have managed their financials very well and by investing in a systematic manner “I have ensured that the money that I got via VRS is not wasted,” he said. However, apart from opting for a three hour long exercise regimen, he is still the part of the majority who is not doing anything productive after leaving Bajaj Auto. Ask him whether he would advise someone to join the company and his answer comes in positive. But there are not many like him.
Ashok’s ex-colleague, Muhammad Sheikh, 57, strongly disagrees with his point of view, as he asserts, “I will never advice anyone to join Bajaj Auto, it is a company which only cares for money and give a damn to its workers.” After opting for VRS, Sheikh currently works for SBI as an agent and makes around Rs.5,000-7,000 per month. And if the words of Sheikh are to be believed then his life is much better at SBI than at Bajaj. He now spends a healthy 5-6 hours a day looking for prospective customers which according to him is a lot better and more reputed task than what he was doing at Bajaj. But Sheikh was almost in tears when he started discussing how life changed for his friend Chopre who died just a year later after the factory was closed due to a road accident. Chopre had turned alcoholic after taking his VRS. Sheikh and many others like him strongly believe that one should never stop working in his life as it totally disturbs the balance and mind-set of a person.
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For More IIPM Info, Visit below mentioned IIPM articles.
Ask any automotive expert and all you can hear is praises for Bajaj’s strategy, “On the business part of it, I believe Bajaj did the right thing by closing the Akurdi plant,” explains Wilried Aulbur, CEO, Mercedes-Benz India (who has the manufacturing facility at Chakan, same as Bajaj). But when one looks at it with a human viewpoint the approach certainly differs a lot, as Dilip Pawar, President, Vishwa Kalyan Kamgar Sanghatana laments, “The kind of image the company portrayed in front of the workers, they had no other option rather than opting for VRS.” In fact, Pawar claims that 75% of those who opted for VRS are either sitting idle in their home or have become alcoholics. Subhash Sareen, General Secretary, Pimpri-Chinchwad Mahanagar Palika agrees, “After opting for VRS the worker loses balance in his life and his mind-set starts tilting towards the bad habits like alcoholism and smoking.”
Take the case of Ashok Nivruttibhole, 54, who spent close to 25 years with the company before opting for VRS in 2007. Nivruttibhole banked a total of Rs.18 lakhs via VRS and after owning a motorcycle (though a Hero Honda!), a Maruti 800 and a 2 BHK in Akurdi, one can say surely that Nivruttibhole is one of the few who have managed their financials very well and by investing in a systematic manner “I have ensured that the money that I got via VRS is not wasted,” he said. However, apart from opting for a three hour long exercise regimen, he is still the part of the majority who is not doing anything productive after leaving Bajaj Auto. Ask him whether he would advise someone to join the company and his answer comes in positive. But there are not many like him.
Ashok’s ex-colleague, Muhammad Sheikh, 57, strongly disagrees with his point of view, as he asserts, “I will never advice anyone to join Bajaj Auto, it is a company which only cares for money and give a damn to its workers.” After opting for VRS, Sheikh currently works for SBI as an agent and makes around Rs.5,000-7,000 per month. And if the words of Sheikh are to be believed then his life is much better at SBI than at Bajaj. He now spends a healthy 5-6 hours a day looking for prospective customers which according to him is a lot better and more reputed task than what he was doing at Bajaj. But Sheikh was almost in tears when he started discussing how life changed for his friend Chopre who died just a year later after the factory was closed due to a road accident. Chopre had turned alcoholic after taking his VRS. Sheikh and many others like him strongly believe that one should never stop working in his life as it totally disturbs the balance and mind-set of a person.
Read more......
Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri
and Arindam Chaudhuri (Renowned Management Guru and Economist).
and Arindam Chaudhuri (Renowned Management Guru and Economist).
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