+ & -

No matter what they speak every decision is based on the profit/result/benefit of the company and rightly so. Even if a company is established without profit as its priorities would seize to stay in the long run considering the amount of competion and the choice available to consumers. Hence the company has to maximize profits with what every customers they could get which meant a small raise in prices and decrease in the cost would increase the margin of profit. The reduction of costs would mean reduction in captial which would effect the raw material and labour costs. Since the raw material cant be reduced in size and quality this reduction in capital would impact the labour costs which is exactly where the employee comes in. Reduction in labour costs meant lesser hikes and expecting better performances out of them all the time. This leverages the amount spent on labour. Since perks are a priority for an employee it leads to attrition.