An Indian diamond jewelry export firm, Hari Krishna Exports, has rewarded 1200 employees with two-bedroom houses, Fiat Punto cars and jewelry as a part of their performance linked loyalty bonus plan.
"This is part of our rewards for loyalty program for employees who have shown high degree of performance in the past five years," Savji Dholakia, chairman and managing director of Hari Krishna Exports told reporters.
"Only 1,200 employees qualified for the rewards", said Dholakia, "the gift items were given based on the current needs of the employees. The employees who did not own a house were given the first preference for house. Those who owned a house were eligible for a car while the employees who had both a house and a car were given jewelry."
Hari Krishna Exports has a turnover of a little over $800 million and employs 6000 workers.
I am hoping that more companies follow suit to help improve the lifestyle of their employees. A good entrepreneur is not driven by greed but by the unselfish motivation of contributing to society in a manner that reduces economic inequalities. They don't need to make it to the Forbes list of billionaires.
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