I was talking to an employee of mine that we recently hired from India. We hired him for $70,000 and I told him if his project bill rate was good we would give him $80,000. I explained all the risks there were to bring him to USA and how much risk and effort was involved. But we filed for his H1B and it was approved and he went for stamping and that was given also and he is now in USA.
This employee of mine is spectacular, he has 9 years of real time experience in SAP BI and to have someone like that on my payroll is a dream. When you are bidding on projects, someone like him is essential to show pas part of your team.
He was telling me that some of the client he was talking to were offering him $110,000 to $130,000 to join them full time. He told me that he would never leave us and that he just wanted to tell me so that I was aware.
100% of my employees could likely make more money with someone else, but they choose to stay with me, because of loyalty and I would like to believe they have a clear understanding of the greater good concept and will stay with us.
There was a show called Twilight Zone in the 80's and in that there was one episode that I thought of, when I was talking to my employee, here is the story:
Arthur and Norma Lewis are slowly descending into abject poverty. One day, they receive a mysterious locked box with a button on it and a note that says a Mr. Steward will come visit. Then, just as the note says, a smartly dressed stranger who introduces himself as Steward comes to their door when Arthur is out. He gives Norma the key to the box and explains that, if they press the button, two things will happen: they will receive $200,000, and someone "whom you don't know" will die.
After the stranger leaves, the Lewises wonder whether Steward's proposal is genuine, and they agonize over whether to press the button. Norma rationalizes that they could make good use of the money and that the one who dies might be some Chinese peasant or cancer sufferer who is living a miserable life. Arthur takes the side that, since they do not know who will die, pressing the button may cause the death of an innocent baby. They open the box and discover no mechanism inside it—it is simply an empty box with a button on it. Arthur angrily throws the box in the trash. However, in the middle of the night while Arthur is asleep, Norma goes to the apartment building's dumpster and retrieves the device. The next day, Arthur leaves for work and sees Norma sitting at the kitchen table, her gaze transfixed on the button. At the end of the day, he returns from work and it appears that nothing has changed; Norma is still sitting and concentrating only on the button. The days go by. Norma and Arthur keep talking about the box, when suddenly Norma decides that she will push the button.
However, the next day Mr. Steward returns, takes back the box, and gives them a briefcase with the $200,000. The Lewises are in shock and ask what will happen next. Steward ominously replies that the button will be "reprogrammed" and offered to someone else with the same terms and conditions, adding as he focuses on Norma: "I can assure you it will be offered to someone whom you don't know." A horrified, knowing expression crosses Norma's face.
This I think illustrates the concept of the greater good. Sure my employee could leave and make more money, but this decision will affect others that he does not even know. If he was to leave, I would simply stop bringing people over from India, since the cost and risk is prohibitive. Since we were going to be bringing over 5 more people in 2013, his actions would simply force me to rethink and likely not bring them over.
So you can see that your personal decision for profit would affect 5 other people in a negative way, so would you do it?
It is easy to look upon life as a game in which you keep making moves to profit and you simply do not care about others, but as has been proven by my own employees, I have lost only 3 employees over the last one year, who have left to make more money with others. My employees have a clear understanding of what I try to do, and they know that I am not simply about money. I am here to support them, I am here to get them the best of everything so that they can keep growing (growth in lots of different ways), and I am here to keep the company growing so that we can all benefit in the process.
What have I done recently towards those goals:
I have gotten us a major new client, they generate multibillion dollars, in which we are already provide services and we hope to keep expanding what we provide to them. I believe that this will develop into a major new relationship.
I have gotten a major new contract to provide contract services to Fortune 50 Bank
I have started a healthcare division for our training and placement division
I have gotten us a new guest house. This place is amazing and I will post pictures soon.
I have plans to start a new employee fund in which we give loans to employees that have been with us for one year. I hear about your problems and I want to help and I am trying to come up with plans for this.
This employee of mine is spectacular, he has 9 years of real time experience in SAP BI and to have someone like that on my payroll is a dream. When you are bidding on projects, someone like him is essential to show pas part of your team.
He was telling me that some of the client he was talking to were offering him $110,000 to $130,000 to join them full time. He told me that he would never leave us and that he just wanted to tell me so that I was aware.
100% of my employees could likely make more money with someone else, but they choose to stay with me, because of loyalty and I would like to believe they have a clear understanding of the greater good concept and will stay with us.
There was a show called Twilight Zone in the 80's and in that there was one episode that I thought of, when I was talking to my employee, here is the story:
Arthur and Norma Lewis are slowly descending into abject poverty. One day, they receive a mysterious locked box with a button on it and a note that says a Mr. Steward will come visit. Then, just as the note says, a smartly dressed stranger who introduces himself as Steward comes to their door when Arthur is out. He gives Norma the key to the box and explains that, if they press the button, two things will happen: they will receive $200,000, and someone "whom you don't know" will die.
After the stranger leaves, the Lewises wonder whether Steward's proposal is genuine, and they agonize over whether to press the button. Norma rationalizes that they could make good use of the money and that the one who dies might be some Chinese peasant or cancer sufferer who is living a miserable life. Arthur takes the side that, since they do not know who will die, pressing the button may cause the death of an innocent baby. They open the box and discover no mechanism inside it—it is simply an empty box with a button on it. Arthur angrily throws the box in the trash. However, in the middle of the night while Arthur is asleep, Norma goes to the apartment building's dumpster and retrieves the device. The next day, Arthur leaves for work and sees Norma sitting at the kitchen table, her gaze transfixed on the button. At the end of the day, he returns from work and it appears that nothing has changed; Norma is still sitting and concentrating only on the button. The days go by. Norma and Arthur keep talking about the box, when suddenly Norma decides that she will push the button.
However, the next day Mr. Steward returns, takes back the box, and gives them a briefcase with the $200,000. The Lewises are in shock and ask what will happen next. Steward ominously replies that the button will be "reprogrammed" and offered to someone else with the same terms and conditions, adding as he focuses on Norma: "I can assure you it will be offered to someone whom you don't know." A horrified, knowing expression crosses Norma's face.
This I think illustrates the concept of the greater good. Sure my employee could leave and make more money, but this decision will affect others that he does not even know. If he was to leave, I would simply stop bringing people over from India, since the cost and risk is prohibitive. Since we were going to be bringing over 5 more people in 2013, his actions would simply force me to rethink and likely not bring them over.
So you can see that your personal decision for profit would affect 5 other people in a negative way, so would you do it?
It is easy to look upon life as a game in which you keep making moves to profit and you simply do not care about others, but as has been proven by my own employees, I have lost only 3 employees over the last one year, who have left to make more money with others. My employees have a clear understanding of what I try to do, and they know that I am not simply about money. I am here to support them, I am here to get them the best of everything so that they can keep growing (growth in lots of different ways), and I am here to keep the company growing so that we can all benefit in the process.
What have I done recently towards those goals:
I have gotten us a major new client, they generate multibillion dollars, in which we are already provide services and we hope to keep expanding what we provide to them. I believe that this will develop into a major new relationship.
I have gotten a major new contract to provide contract services to Fortune 50 Bank
I have started a healthcare division for our training and placement division
I have gotten us a new guest house. This place is amazing and I will post pictures soon.
I have plans to start a new employee fund in which we give loans to employees that have been with us for one year. I hear about your problems and I want to help and I am trying to come up with plans for this.
