Friday, April 15, 2011

2 Million Madness

Our company is having this novel idea of raffling (is this a valid word?) 2 million pesos (1.4 million after taxes). Did you miss that? Yeah, 2 million!

I know, crazy right?

Well for me it is. From the very first time I heard the ruckus, I kind of felt shaken and not a good kind of shake. Outright let me say, management is just being lazy with this gimmick!

What would I do if I win this prize? Technically I'm not yet part of the 1st draw this June due to the rule that states "at least one year of service". Anyways, if in the succeeding draws I will win, it would be goodbye company N. Yes, no hesitation, I would take it as a sign from above that its time to move on.

Why such negative feedback to this?
Many. For one the company has 4 million worth of money they can't even sponsor pity (as they say) allowances like a rice, grocery, project allowances that employees can readily consume. Yes the intended purpose of the amount is for the lucky winner can jumpstart owning a house and lot or car.

Yes (count the number of Yeses on this entry, it may reach 2 million, wahahah) they say that salaries are now competitive based on performance and that these pity allowances are now part of the "re-aligned" pay. Im not really sold. But that's beside the point, 4 million a year (divided by approx 500 employees) can do so much to uplift the spirits of a lowly software engineer.

This is just my opinion. Im not protesting because management has already explained the purpose of this "loyalty" program. 

As I said I think they're just being lazy. Period.