Increased Inefficiency in Shasta
The former Deputy Minister of Labor announced that inefficiency in the Social Security Investment Company (Shasta) has reached its peak. He stated that Shasta has become a parking lot for managers until another place is prepared for them.
Alireza Asgariyan said that the alignment of managers' qualifications and experiences with their positions in Shasta is less than 20%, which has led to the average managerial tenure at the upper levels of Shasta dropping to 8 months.
Increase in Shasta's Financial Costs
Shasta's financial costs have increased by 76%. Meanwhile, Shasta's operating profit has faced a 71% net loss. The question is, why have office and administrative expenses increased by more than 50% under such conditions?
Extravagance in Shasta
Statistics show that there is extravagance in Shasta. Shasta's managers, at the height of financial crisis and losses, continue to increase administrative costs and expand Shasta's structure.
Distribution of Political Managers
In the past two decades, Shasta has consistently faced increasing losses and inefficiency. However, various governments have been unable to change the destructive view of this massive entity. This view has turned Shasta into a place for distributing political managers and favorites.
Corruption in Shasta
The current pattern has turned the board seats of Shasta's subsidiary companies into a thriving market for selling positions. The corruption prevailing in Shasta's companies continues repeatedly, and this issue requires serious attention and reforms.