We are facing bad economy situation in present condition. As we know that mostly people in Batam work in industrial as employee. The high cost of life in Batam make people do a thrift for their income to survive in Batam. There are many activities done by employees to increase the welfare, even demonstrations to demand the increase of minimum wages in the same level with proper life needs.
While employees also start to develop cooperative (economic enterprise) to support to increase the welfare from non-wages side.
Cooperative is a legal organization formed by many people with same purpose, to improve member’s prosperity. So the cooperative works as economy, social and educational organization. Cooperative is registered in Cooperative Department in Government.
There are many cooperatives formed by employees in many companies or government installations as primer cooperative. Some cooperatives join to form secondary cooperative for business expanding of each primer cooperative.
Unfortunately the knowledge about cooperative is not known well by some management from some companies. That’s the reason sometimes employee’s cooperative get difficulty to expand the business, even in company area.
There is an example of an employee’s cooperative which has grown so fast. It is KSM (Koperasi Sejahtera Mandiri), a cooperative formed by employees of Panasonic Companies Group in Batam. The main businesses of KSM are catering, minimarket, bakery shop and loan-saving for members with turnover Rp. 3 billions per month. The KSM had ever got an appreciation from President of Indonesia, Mr. Susilo Bambang Yudhoyono as one of national cooperatives with good performance on year 2007. Batam also should be proud of the achievement of KSM.
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