1. Pay on an hourly basis 2. Make stock grants to all employees mandatory 3. Let CEO do his own laundry, drive his own car or take public transport, buy his own groceries and manage life on the salary of an average employee Then we’ll talk 😊
Ola ceo says weekend is western concept....but his all business is western culture, cars were innovated out of india, so did internet, laptops, gps etc etc
If working 90 hours a week is mandatory, I will work for myself instead of working in someone else's organisation where I may get underpaid for my efforts.
To Lnt owner wife comment-what will you do with so much wealth? Share it with your employees-maybe they can afford a bigger TV to stare at instead of their wives!"
Yes. Extra hours pay should be double. Companies are greedy not care and even nowadays job are not secure so why burnout for companies that not pay fairly
Give employees the same benefits as the chairman gets!!! The clarification issued by the company in defence of the statement seems a poor attempt at invoking national pride and progress!!!!
I don't know Why I am convinced with him😂😂 1.Bottle neck is at the top 2. Thinking and doing is actually different. 3. Authority Power and not having the same is also different. 4. WFH 5. Quality matters Looks mature and simplified progressive way to answer
What a wise man. High quality talent is in shortage. I think going forward only the companies with right work culture will be able to attract such talent. Saying the wrong thing in public will have consequences, especially when it is coming from the top management.
Due to these kind of thinking, there is a lot of unemployment, and health issues. Maximum working hours should be 30 hours per week for better productivity....
Rajivbhai have explained very nicely and given way out ........Start from Top Management......And This People STRICT MINUTE by MINUTE Timesheet must be Maintained and Published daily to all the employees... so Truth and Reality's will come to know
From Company's CEO, CTO, CMO, CFO, to Managers, Engineers, CA, sabki salary & facilities equal kar do and 90 hours per week rakh do. Dekhte hain kiska aukaat kitna hai job pe tike rehene ka.
People like Bhavesh Agrawal should understand that corporate world is a western concept capitalism is a western concept too so if you think weekends are Western concepts and should not be there I think his company should not exist at the first place
CEO's are talking shit, government is allowing, Government should have strict rules where no one can even talk like this of exploiting employees, what can we do when govt is not efficient, these CEO's just want to exploit their workforce and nothing else, they cannot speak like this in Europe where government will take action on them
They dare not ask shopfloor workers to work more than what is signed with the unions. Bajaj Auto has to pay overtime, which is 2X-3X more than the normal pay. Because of pathetic Indian labor laws , white collar corporate employees are not employees but SLAVES! Why should an employee work more than what is stipulated in contract when the company will not provide any stock options?
I am for 30 working hours a week instead. All organizations implicitly or explicitly pressurise their employees in one way or the other, taking the joy out of working. The DGCA rules notwithsanding pilots and crew are forced to work more hours as well. - NOT GOOD! - IT IS FOOLISH. Everybody knows - Parkinson's Law - and also that work gets done better when you don't pretend to be working. If organizations worked 10-4 (which with commuting included would work out to a minimum of 8 hours a day anyway) all the time would remain focussed on "effectiveness" - DOING rather than TALKING
Instead working 12 hour per day, make 2 shifts of 6 hour each, this will not only give more employment but also rise the productivity of company. But due to government support they will just squeez out each and all your life and pay you less.
Lot of people have the mindset that unions = communist so there exists a negative/ neutral stance about unions amongst the minds of the Indian populace
That Narayan Murthy first of all copied the company things from outside and he a broker basically conecting requirement with available engineer he is a pure cunning businessman. In the same way L&T Ceo as well.
So very true Mr. Rajiv. Quality is more important than quantity...if an employee gets exhausted, he will never be able to deliver quality end result....he or she will be physically and mentally exhausted. You give sufficient time for intelligent minds to think, during break time. They will come up with innovative ideas to deliver to compete or else they will not have ENOUGH time to explore what others are doing or up to
Ofcourse, we all should work on Sundays, including Banking Sector (PSU + PRIVATE), HOSPITALS (GOVT + PRIVATE), SCHOOLS, COLLEGES, JUDICIARY, RAILWAYS AND ALSO STATE GOVERNMENT EMPLOYEES INCLUDING OUR MUNICIPALITIES, STATE AND CENTRAL IAS AND IPS OFFICERS. Then only the environment will be suitable for 100 hour work week for private sector employees.
45-50 hrs a week seems good.. there are countries which is making 4 days a week.. Its better to focus on productivity rather than exploiting the people who are already working hard, and paying taxes but hardly getting any support from either businesses or govt..If business wants their employees to work long or very long hrs, there should be a pay for addl hrs over 50 hrs which is normal.. We already have a huge gap between top 1% and rest, people should not be exploited. I expect Labour ministry to please share their guidelines, otherwise its just matter of time business would start expecting very long hrs from their employees.. It would create a massive problem mentally, socially.
Is L&T paying at par with Goldman Sachs, why will people work on weekends. Enjoy timeouts, ensure high productivity and take impactful rational decisions. Stop this colonial slave mindset.
So happy to move abroad working as a normal human. I used to work 7days 12hours and getting pennies in construction. L&T chief and ppl like them needs therapy. To make India first, educate ppl first. 30% ppl working 90hours and remaining struggling to get work is shit mindset .
Such kind of mindset needed as an entrepreneur, Nice thoughts Bajaj ji. I will definitely buy Bajaj next time & not those who has third class thinking for workforce🎉.
Exactly right sir, we need good entreprenurs like you. Managers, directors and above caders going to attend meetings even its for one whole day they will not get exhausted, the operations team is one who has all the stress, let the above cadre work for more than 90 hours, dont go for extravagant vacations, perks for air travel, luxury cars, 5 star hotel stays etc.
There will always be someone who works more and be recognized!! Then the rest will follow, No need to keep pushing!! Just let them be for now and start recognizing ppl who work more!!
He has great thoughts. He was willing to spend Rs 600 crores on homoeopathic medicines during Covid while Vedanta was trying to steal shares on the name of open offer. My salute to this Corporate Leader..
Bring Transparency and Democracy to the way a corporate functions. Corporate culture treats people as slaves. There has to be mechanisms or ombudsman mechanisms for employees to raise labour concerns anonymously.
Feel extremely happy that we still have a few good Corporate leaders like Mr. Bajaj. Every answer is well thought of and mature. I don't know if I should be angry at all with Mr. Narayana Murthy and Bhavesh Aggarwal and the rest or just feel sad and disappointed that they are so old school. They could learn a lot from Mr. Bajaj
Donno why Indian CEOs want to compare themselves to China and Korea. Why not Switzerland or France for example. These are countries with very high-levels of innovation and yet offer great work-life balance.
not only that but the structures created by overworking employees and labors in china are now coming out to be of extremely poor quality, look up the tofu dreg buildings and infrastructure
@@Nitin-vy7dl If there is efficient govt these corporates will be in order. I am very much remember Russian President Putin once brought the Corporates to their knees. search in youtube
Not just that please share profits percentage to all the employees equally , every big guy claims as a great philanthropist but play their employees peanuts, if people are buying homes or cars aren't because of these stupid jobs , literally most of them are selling ascentors properties or taking loans from the banks. Have some empathy, by how many crores these people will become poor , we are purposefully kept poor!!
how much volumeof quality productive work one does should be key rather than measuring it in hours Another is how u gel together as a team and help support each others and over all productivy each others productivity is most important ,,,this is where and how maximum productivity can happen in minimum time and joint efforts ..beat usage of human resources their exerience . expertise is here ...
I work in Siemens which is a German company. No body force me to work for certain specific hours or do overtime. Company excepts output from me within a timeline which is "realistic". Time management is my responsibility. I can plan my work myself to maintain my work life balance.
Mr.Naik should take an yearly appraisal of the new chairman how many AI tools he knows to finish work in less number of hours , for today’s generation technology & AI skills make work easy plus personal health & family first
start from top is welcomeless, start paying lower employees with pay equal to ceo's and start paying salary of lower emploeye's to top employees and ask them to work with out added allowances.
Why these guys are intrested in increasing working hours ... Do we in shortage of workers in our country now.. there are lots and lot of people in india to work, hire them to solve the working hours problem in your company. Why 1x90 instead of that we go with 2x45
1. Pay on an hourly basis
2. Make stock grants to all employees mandatory
3. Let CEO do his own laundry, drive his own car or take public transport, buy his own groceries and manage life on the salary of an average employee
Then we’ll talk 😊
Bang on buddy!!! 😎😎
perfect. i also want to add more
You've hit the nail in the coffin
ceo is ceo by years of hardwoek in the company
@@riderchallenge4250 family nepotism
Just lock him up in the general L&T office for a week and monitor that his productive output is at least of 90 hrs.
If not sack him asap.
We need to check his consistency as well, better lock him for two quarters😂😂
😂😂😂
So true. He'll understand what he is capable despite being a CEO himself
L&T's CEO is indirectly saying that his wife is not attractive to look at😂.
Or maybe he is not be able to do the program with his wife.😂 😂
Or else he may suffering of ED😂😂
I think CEO needs to do DNA test. 😅
Erectile Dysfunction. Plain and simple explanation.
as if dude is a handsome hunk for his wife to stare at 🤣
His wife divorced him and he has to pay alimony and maintenance. That’s why he working 90 hours a week
Rajiv Bajaj talks sense unlike others
He's also a pappu 😂😂 so stfffup
Ola ceo says weekend is western concept....but his all business is western culture, cars were innovated out of india, so did internet, laptops, gps etc etc
If working 90 hours a week is mandatory,
I will work for myself instead of working in someone else's organisation where I may get underpaid for my efforts.
To Lnt owner wife comment-what will you do with so much wealth? Share it with your employees-maybe they can afford a bigger TV to stare at instead of their wives!"
I pity his wife. Probably she is staring at her neighbor.
Pay per hour basis, and after 8 hours, pay extra, at present most of the people are working 12 hours a day, especially in IT.
Entire service industry works for more than 12 hrs
Yes. Extra hours pay should be double. Companies are greedy not care and even nowadays job are not secure so why burnout for companies that not pay fairly
Give employees the same benefits as the chairman gets!!! The clarification issued by the company in defence of the statement seems a poor attempt at invoking national pride and progress!!!!
I don't know
Why I am convinced with him😂😂
1.Bottle neck is at the top
2. Thinking and doing is actually different.
3. Authority Power and not having the same is also different.
4. WFH
5. Quality matters
Looks mature and simplified progressive way to answer
90 hrs Chairman salary 51 cr p.a./ 4.25 cr p.m / 14.16 lacs per day/ 59k per hr….whereas 90 hr of a avg associate 3.5 lacs p.a/ 29 k p.m / 972 rs pr day / 40.5 rs hr…what a balance 😅
500 times more than his employees 😂❤
1500 times
Yesterday we did not know him today we do know who is chairman of L and T. Thats exactly what they want.
no its does not matter to him. people at top level already knows him. he does care if you or me know it. he may have some other agenda but this one
but for all wrong reasons...
He didn't had enough haters, so he asked for more...
What a wise man. High quality talent is in shortage. I think going forward only the companies with right work culture will be able to attract such talent. Saying the wrong thing in public will have consequences, especially when it is coming from the top management.
Due to these kind of thinking, there is a lot of unemployment, and health issues. Maximum working hours should be 30 hours per week for better productivity....
We worked with Chinese no employee worked more than 8 house .
Many Chinese and japs do work 16 hours in a day .However that's not something people should be forced to do.
Rajivbhai have explained very nicely and given way out ........Start from Top Management......And This People STRICT MINUTE by MINUTE Timesheet must be Maintained and Published daily to all the employees... so Truth and Reality's will come to know
From Company's CEO, CTO, CMO, CFO, to Managers, Engineers, CA, sabki salary & facilities equal kar do and 90 hours per week rakh do. Dekhte hain kiska aukaat kitna hai job pe tike rehene ka.
People like Bhavesh Agrawal should understand that corporate world is a western concept capitalism is a western concept too so if you think weekends are Western concepts and should not be there I think his company should not exist at the first place
Bhavish Aggrawal's Ola already distroyed, then why he need 90 hours duty
@@chiragpatel959 because Ola will soon become a papad belnewala org
This man is a clear leader. Not like other idiots who are randomly saying anything
CEO's are talking shit, government is allowing, Government should have strict rules where no one can even talk like this of exploiting employees, what can we do when govt is not efficient, these CEO's just want to exploit their workforce and nothing else, they cannot speak like this in Europe where government will take action on them
Feku Modi himself brags about working 365 days 16 hr daily
They dare not ask shopfloor workers to work more than what is signed with the unions. Bajaj Auto has to pay overtime, which is 2X-3X more than the normal pay. Because of pathetic Indian labor laws , white collar corporate employees are not employees but SLAVES! Why should an employee work more than what is stipulated in contract when the company will not provide any stock options?
350+ sit wale ne kyaa ukhada fir last 11 saal😂😂😂
@@samm8654 kuch nahi bas sab ka ch*tiy@ banaya salle ne...ab bhagwan bhi aajeye to bhi iss scammer ko vote nahi dunga
I am for 30 working hours a week instead. All organizations implicitly or explicitly pressurise their employees in one way or the other, taking the joy out of working. The DGCA rules notwithsanding pilots and crew are forced to work more hours as well. - NOT GOOD! - IT IS FOOLISH.
Everybody knows - Parkinson's Law - and also that work gets done better when you don't pretend to be working.
If organizations worked 10-4 (which with commuting included would work out to a minimum of 8 hours a day anyway) all the time would remain focussed on "effectiveness" - DOING rather than TALKING
Yes we can work, pay hourly basis
Instead working 12 hour per day, make 2 shifts of 6 hour each, this will not only give more employment but also rise the productivity of company.
But due to government support they will just squeez out each and all your life and pay you less.
This is exactly what I wanted to say. In this way unemployment problem also gets resolved.
Bajaj corporate ethics are a class apart. Even their standpoint on fascist government will not be forgotten either.
True man
If they pay me by the hour, i will work 100 hours a week. The problem is they want the salary fixed and enslave the employee and exploit them.
Please also dont forget about the CA who is no more with us
To dear Subramanyam Sir. You manage my life, my way. I'll manage your life your way.
One sane voice. Just like his father
You are gaining fans... And you will find good employees who will want to work with you and make you successful even more than today
This is why worker's unions are important otherwise these ideologies would have been a reality, sadly IT doesn't have it. 😊❤
Lot of people have the mindset that unions = communist so there exists a negative/ neutral stance about unions amongst the minds of the Indian populace
My respect towards Rajiv Bajaj 📈📈📈📈
Just fantastic Mr Bajaj. Hats off.
That Narayan Murthy first of all copied the company things from outside and he a broker basically conecting requirement with available engineer he is a pure cunning businessman. In the same way L&T Ceo as well.
Rajiv sir knows top to down. I salute him
No, better pay hourly
Rajiv Bajaj is an intelligent man
Rajiv Bajaj is a super leader!!
So very true Mr. Rajiv. Quality is more important than quantity...if an employee gets exhausted, he will never be able to deliver quality end result....he or she will be physically and mentally exhausted. You give sufficient time for intelligent minds to think, during break time. They will come up with innovative ideas to deliver to compete or else they will not have ENOUGH time to explore what others are doing or up to
Ofcourse, we all should work on Sundays, including Banking Sector (PSU + PRIVATE), HOSPITALS (GOVT + PRIVATE), SCHOOLS, COLLEGES, JUDICIARY, RAILWAYS AND ALSO STATE GOVERNMENT EMPLOYEES INCLUDING OUR MUNICIPALITIES, STATE AND CENTRAL IAS AND IPS OFFICERS. Then only the environment will be suitable for 100 hour work week for private sector employees.
Rajiv Bajaj, and Rahul Bajaj always support employees
45-50 hrs a week seems good.. there are countries which is making 4 days a week.. Its better to focus on productivity rather than exploiting the people who are already working hard, and paying taxes but hardly getting any support from either businesses or govt..If business wants their employees to work long or very long hrs, there should be a pay for addl hrs over 50 hrs which is normal.. We already have a huge gap between top 1% and rest, people should not be exploited. I expect Labour ministry to please share their guidelines, otherwise its just matter of time business would start expecting very long hrs from their employees.. It would create a massive problem mentally, socially.
Is L&T paying at par with Goldman Sachs, why will people work on weekends. Enjoy timeouts, ensure high productivity and take impactful rational decisions. Stop this colonial slave mindset.
So happy to move abroad working as a normal human. I used to work 7days 12hours and getting pennies in construction. L&T chief and ppl like them needs therapy.
To make India first, educate ppl first. 30% ppl working 90hours and remaining struggling to get work is shit mindset .
Such kind of mindset needed as an entrepreneur, Nice thoughts Bajaj ji. I will definitely buy Bajaj next time & not those who has third class thinking for workforce🎉.
Very sensible man
Exactly right sir, we need good entreprenurs like you. Managers, directors and above caders going to attend meetings even its for one whole day they will not get exhausted, the operations team is one who has all the stress, let the above cadre work for more than 90 hours, dont go for extravagant vacations, perks for air travel, luxury cars, 5 star hotel stays etc.
if you are owner of the business then 90 hrs fruitful but as employee, its mental and physical harrasment.
------------//---\\\\___________
There will always be someone who works more and be recognized!! Then the rest will follow,
No need to keep pushing!!
Just let them be for now and start recognizing ppl who work more!!
Indian corporate needs leaders like Rajiv Bajaj and not like the mad man
He has great thoughts. He was willing to spend Rs 600 crores on homoeopathic medicines during Covid while Vedanta was trying to steal shares on the name of open offer.
My salute to this Corporate Leader..
48 hrs only ( in gulf office time is nowadays Monday to Friday only ...sat & sun off ,only 40 hrs )....need more time for with family....🎉🎉🎉
Bring Transparency and Democracy to the way a corporate functions. Corporate culture treats people as slaves. There has to be mechanisms or ombudsman mechanisms for employees to raise labour concerns anonymously.
Feel extremely happy that we still have a few good Corporate leaders like Mr. Bajaj. Every answer is well thought of and mature. I don't know if I should be angry at all with Mr. Narayana Murthy and Bhavesh Aggarwal and the rest or just feel sad and disappointed that they are so old school.
They could learn a lot from Mr. Bajaj
They are sucking employees blood.
Why don't they provide double salary for extra work.
Kudos to you Rajib ji❤
Rajiv points makes absolute sense..
4:21 "The bottleneck is always at the top of the bottle" I don't think I will forget this quote ever😃
Donno why Indian CEOs want to compare themselves to China and Korea. Why not Switzerland or France for example. These are countries with very high-levels of innovation and yet offer great work-life balance.
Never make employees hate their job....
In China also this trend worked now there is a trend of not working at all..
not only that but the structures created by overworking employees and labors in china are now coming out to be of extremely poor quality, look up the tofu dreg buildings and infrastructure
Very well said.....
They can’t even comment on issues of traffic, roads etc but it easy for them to say work for 90hours. Because they feel employees are there subjects.
In the construction industry, 70-hour week has been the norm for the last quarter of the century.
Time you ask for your rights. Nothing to be proud of
Labor laws needs to be strictly implemented.
Then corporates will flee
@@Nitin-vy7dl If there is efficient govt these corporates will be in order. I am very much remember Russian President Putin once brought the Corporates to their knees. search in youtube
If u want to grow your company take care of your Assets. For a fact employee is your biggest Asset!!!
Excellent Rajiv Sir. U have very well define your role as MD / owner of the company
I liked your thinking. Appreciate it.
Upper mgt enjoys weekend and lower grade employees work on Saturday Sunday in name of urgency.
That's how work culture😅
Salutes to you Rahul Bhai 👏👏👏
Not just that please share profits percentage to all the employees equally , every big guy claims as a great philanthropist but play their employees peanuts, if people are buying homes or cars aren't because of these stupid jobs , literally most of them are selling ascentors properties or taking loans from the banks. Have some empathy, by how many crores these people will become poor , we are purposefully kept poor!!
They will be given profit the moment they agree to fund losses also.
But why always l&t?? From 70hrs controversy to 90hrs few years later will say 90hrs sounds bad let's make it 100hrs😊
Rajiv is truthful, honest and straight forward
how much volumeof quality productive work one does should be key rather than measuring it in hours Another is how u gel together as a team and help support each others and over all productivy each others productivity is most important ,,,this is where and how maximum productivity can happen in minimum time and joint efforts ..beat usage of human resources their exerience . expertise is here ...
Listening to Mr. Bajaj is always interesting.
It appears that now top industrialist have to exit as their brain has stopped working.
Well said Rajeev ji. You have my respect 🎉🎉🎉
Increase the salary on weekdays and must get double salary on Saturday and Sunday
Great view sir
I work in Siemens which is a German company. No body force me to work for certain specific hours or do overtime. Company excepts output from me within a timeline which is "realistic". Time management is my responsibility. I can plan my work myself to maintain my work life balance.
they want modern slavery. u pay shit and expect ppl to labour.
Well said 🎉
After 8 hours work is totally idiotic approach if there is any enhancement and that should be quality ....
Amazing Mr Bajaj 🎉
Great clarity
Work life balance generate more productivity,more productivity meets organization goal and mission.
Xactly what matters is productive hours of work.
Sir Mr Bajaj- You have our respect. Sir Dr little🫶🫶
Nice point. I like what Mr. Bajaj said
I agree with Europeans here. We need 4 working days a week.
I will shift to some other countries yea no use of staying in India 🇮🇳🇮🇳
90percent salary of CEO bhi de do bhai
Mr.Naik should take an yearly appraisal of the new chairman how many AI tools he knows to finish work in less number of hours , for today’s generation technology & AI skills make work easy plus personal health & family first
start from top is welcomeless,
start paying lower employees with pay equal to ceo's and start paying salary of lower emploeye's to top employees and ask them to work with out added allowances.
Bajaj sir is soo right 😅
I can say same , in Europe u work 7 hrs a day with weekend off , why can't u?
straight away the base companies giving project to this companies, should give work to freelancer on hourly and target basis for better payment,
Someone should ask Mr. Subramanyam, if all of us are busy working away for 90 hours a week then who will be left to be the consumer for his company?
Rajiv Bajaj knows employees health is very important and talks sense. Quality matters and not quantity.
Why these guys are intrested in increasing working hours ... Do we in shortage of workers in our country now.. there are lots and lot of people in india to work, hire them to solve the working hours problem in your company.
Why 1x90 instead of that we go with 2x45
Pay per hour & then talk about 90 hr per week.
Yes Start from rhe Top ...Like Our Greatest ....VishwaGuruji Does 🤔😨🤫
Hamare Bajaj still is a successful Brand since deceades.