Sunday, August 9, 2009

Tomato Story

What is this TOMATO story?

Have you closely followed the price of tomato in the market? It will fluctuate widely and unpredictably in a band. Rain or shine, tomato lovers will pay the fine. The prices will suddenly sky rocket. Yet, it is human nature to buy and consume tomato. The human asset is also like tomato. Its value fluctuates widely depending upon the need to hire. Irrespective of the price tag, companies will hire human asset.

In the tomato story, the consumer pays the fine when price sky rockets. Whereas in the human asset story, it is the employee who pays the fine and not the employer who consumes the labour of the employee. The principle behind this simple. While the consumers of tomato cannot be controlled to prevent them from buying when the prices go up, those who look for jobs cannot be controlled to take up jobs that matches with their talent and due remuneration.

While the commission agent will not pass on the benefit of high price to the growers of tomato, the ultimate consumers who buy the products and services will not get the benefit of money saved in employing low paid human assets. Neither the human assets enjoy a share in profit made by the companies nor the consumers of tomato get the benefit of low price in case of a fall in price.

So, what is my advise to the consumers of tomato? Do not buy tomato when the prices sky rocket. Automatically, the prices will fall down due to fall in demand. Remember the Law of Demand and Supply in Economics. Similarly, do not take up low paid jobs or compromise yourself if a low pay is offered. Wait for the right job that can get you matching remuneration. After all, you have enriched yourself with knowledge and experience. And to earn this, how much you paid in terms of money, health, youth, time etc.

Human assets deserve to be treated well. Compromised compensation will lead to deterioration in quality just like you buy rotten tomato for a price below the market price.

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