A big propaganda is going rounds that it is better to take the VRS and the connected benefits and leave the company before it is down. The vested interests are making all efforts for maximum publicity for this to influence the workers to take VRS. They propagate the benefits of the VRS.
What are the actual facts? It is something else. If you take VRS you may get some amount on ex-gratia and also the usual pensionary benefits. Compare this with what one will get if he/she retires on superannuation.
If the official is having 50 years of age if he/she takes VRS as per the caculation made by the management he /she will get the ex-gratia. But if he/she continues in service for 10 years more, he/she will get atleast one more promotion, sometimes two. There will be another wage revision. Ten more increments he/she will get. And according to all these, the pension will be calculated. The difference between pension when you take VRS and when you retire on superannuation will be much more.
Women workers are more pressuriesd to take VRS. What happens in their cases? As long she is employed she gets more respect in the house and the society. She has her own income and need not depend upon any body. But once she takes VRS and is not having the job, there is no need for me to tell the difference.
And the last question is if VRS is better then why any body should work at all?
VRS is a trap. It is poison covered by sugar. Repenting later will not do any good to the company or the worker.
Our task is to work better, make the management and government compel to take policy decisions and implementation to the benfit of the people and the company. And we also have to change our mindset and ensure better performance. There is no doubt that the company will improve. How the Steel Authority of India improved after going on loss? How many PSUs have become profitable after sustaing losses? We need not be pessimistinc and take the drastic action to opt for VRS. Think again and take the correct and wise decision for your future and that of the company.