Archive for the ‘Finance’ Category

A better Solution for Companies in this Depression Time

Monday, January 26th, 2009

Layoff Bad

Unless you had been living in another planet, you know, heard about
all the layoff going on right now.

The world economy is in very distress situation, but my question to
companies is why let people go?

Instead of letting people go, why don’t you just keep them and pay
 half or less wages to them or give them choices:

>>go and get nothing or stay and get less till situation fixed?

I know that some companies might just use it as excuse to pay less
but there can be regulations to that rule such as this only apply to
old and on layoff list employees.

I mean at this moment maybe only few very over qualify might
actually find another job when they get fired, so the rest going
to join the already benefit users and high up the jobless , but a
solution for less wages and higher than benefits is more likely
to make everyone confortable , certainly not happy though.

Have you been let go lately or do you think this method worth it?

I am no expert so this is my bit, keep comment related to topic please.