3 ms·
The people quoted in the article lost their jobs as the contractor did not have the cash to pay them. The 'contractor' probably falls in the huge middleman cate
by surds 10y ago
The people quoted in the article lost their jobs as the contractor did not have the cash to pay them. The 'contractor' probably falls in the huge middleman category of 'businessmen' who operate only on cash for multiple reasons -
1. No need to pay tax
2. The people being paid may often not have bank accounts, or just find it easier to deal in cash.
I came across many such contractors in my last trip to India, as I had to deal with people involved in a preparing for a family wedding.
The onus here (probably) does not fall on Hero Corp, but on the contractor. The sad part is that, even when the contractor has money and needs to hire people, he will probably try to squeeze the employees on salary citing 'cash crunch'. :@