Tuesday, January 20, 2009

Subhiksha (salaries) hamara adikhar hai

Remember Subhiksha the retail store? The ad stated that Subhiksha hamara adikhar hai (Subhiksha is my right). This was a retail store chain that everything it sold was cheaper than that available anywhere else. That may be so but any company shouldn't charge so less that they dont make enough profits to pay their employees.

Salaries were not paid since October and the company sent a letter on new year day saying that the last two days of the year were "madly action packed" and they had to ensure that bank facilities of Rs 125 crore is not endangered. It further sets the time frame in which the money due for salaries and rent will be released, giving a total time frame of 3–4–5 days, not more.

Hmm. really WOW. Imaging the joy of the employees who haven't been able to celebrate Diwali and Christmas and on new year day, the employee gifts them a letter of assurance. Its been 20 days and still no salary.
Management claims that they they are unaware of any such case. I wonder if they have got their salary?

I had a dejavoo when I heard this. It will be interesting to see what happens. Could this be another Satyam? Only time, pay slips and pink slips will tell.

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