Mumbai Beauty Brand Founder Introduces ₹200 Fine for Latecomers, Ends Up Paying ₹1000
Kaushal Shah, founder of Evor Beauty, introduced a ₹200 fine for employees who arrive late to office. However, the rule backfired, and he ended up paying ₹1000 for frequently being late.
MumbaiBeauty BrandLatecomersFineProductivityReal Estate MumbaiJun 20, 2024
Shah posted about the failure of his plan on social media, saying that he introduced the rule to increase productivity in the office. The money collected from the fine would be used solely for team activities and benefits, such as dining and other team events. However, many people questioned who the money was going to, with some commenting that Shah was paying himself.
In a follow-up post, Shah clarified that he had created a separate UPI Lite account to collect the fines, which would be used for team events. He added that his intention for sharing the rule on social media was to hold founders and CEOs accountable, saying that if you establish a rule for your employees, you must be the first to follow it.
Information
Evor Beauty is a Mumbai-based beauty brand founded by Kaushal Shah. The company aims to provide high-quality beauty products to its customers.
Kaushal Shah is the founder of Evor Beauty, a Mumbai-based beauty brand. He introduced a ₹200 fine for employees who arrive late to office, which backfired on him.
Frequently Asked Questions
What is the fine for latecomers at Evor Beauty?
The fine for latecomers at Evor Beauty is ₹200.
What is the purpose of the fine?
The purpose of the fine is to increase productivity in the office.
How will the money collected from the fine be used?
The money collected from the fine will be used solely for team activities and benefits, such as dining and other team events.
Did the founder, Kaushal Shah, also have to pay the fine?
Yes, Kaushal Shah had to pay the fine ₹1000 for frequently being late to office.
What did Kaushal Shah say about the intention behind sharing the rule on social media?
Kaushal Shah said that his intention was to hold founders and CEOs accountable, stating that if you establish a rule for your employees, you must be the first to follow it.
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