I cant stop writing
about the circular received from my Employer. Most of India Based
Traditional engineering Companies and Manufacturing Industries used to
Subsidize Lunch and Hot Beverages such as Tea & Coffee. Even My Employer
did almost similar as its peer level.
Lunch was Subsidized
and charged to each employee of Rs 5 Whereas Tea & Coffee Subsidized
but with Nil Charges to Employee. Remaining Money will be paid by employer
to Canteen Contractor.
Cost Cutting |
Yesterday circular
reveals that " Employee has to bear Rs 10 Towards Meal, Re 1 Towards Each
cup of Coffee/ Tea". Really shocking that " Tea & Coffee are
chargeable though it is just 100 Paisa".
In My Payslip, there
will be many outgo. Term Insurance, Health Insurance, Food, Tea& Coffee are
the few Outgo which Employee gets as benefits during Joining, Now it is on
deductible way.
In Two/three decades,
i am foreseeing Water will be Heavily chargeable Item. It will be Biggest outgo
than Tax....Refer Below Picture ( Courtesy: MoneyAisle TV) though it is little
Outdated & $ terms. Companies are bearing the cost of Water; Will it in
Future !!!
True Cost of Water |
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