10-10-2008, 06:38 AM | #1 (permalink) | |
Tilted Cat Head
Administrator
Location: Manhattan, NY
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How is your employer cutting back?
This is one measure...
Quote:
How is your employer cutting back costs that directly affect you and your family?
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I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not. |
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10-10-2008, 07:50 AM | #3 (permalink) |
Soaring
Location: Ohio!
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The company I work for has 9 employees. We are limiting our subcontractors' hours since we make much more money billing our own employees to contracts. They are upping my time on contracts significantly, since my salary was designed to come entirely out of overhead. We cut costs in August by giving up the lease on one of our then-three offices. Now we have two, and one is large but rarely used. If things get REALLY tight, we will give up the lease on either my smaller office (and move my files to the larger office) or give up the lease on the larger office.
There are only two employees in the company making under $120k a year. Everyone is paid under $100 an hour (not including the cost of benefits) but if all of their time is billable, we can bill them for anywhere from $130 an hour up to nearly $200 an hour. Making sure that everyone is working the maximum allowed on their projects is the best way to keep the company afloat.
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"Without passion man is a mere latent force and possibility, like the flint which awaits the shock of the iron before it can give forth its spark." — Henri-Frédéric Amiel |
10-10-2008, 08:13 AM | #4 (permalink) |
Functionally Appropriate
Location: Toronto
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We're a small softare company of about 20 people in the office. Our big perk of a modest catered lunch every friday (subs, pizza etc...) is still going but if they do cut it I'll know we're in trouble.
I think that's one of the Dilbert principles: If Management starts dicking with the little perks, start polishing your resume. So far the only difference is that our CEO is in short humour these days.
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Building an artificial intelligence that appreciates Mozart is easy. Building an A.I. that appreciates a theme restaurant is the real challenge - Kit Roebuck - Nine Planets Without Intelligent Life |
10-10-2008, 08:31 AM | #5 (permalink) |
Yarp.
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A year and a half ago my company was set to expand its workforce by 25%. Since then we've gone through two rounds of layoffs totalling over 200 employees, closed two offices and consolidated two others. My department has slashed its third party service provider contracts to the bone. We've seen cutbacks on the discount certificates we're given to spend among our portfolio companies, and this year's holiday party will be a shadow of its former extravagant self.
Surprisingly, the coffee is still flowing.
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If one million people replaced a two mile car trip once a week with a bike ride, carbon dioxide emissions would be reduced by 50,000 tons per year. If one out of ten car commuters switched to a bike, carbon dioxide emissions would be reduced by 25.4 million tons per year. [2milechallenge.com] |
10-10-2008, 08:42 AM | #6 (permalink) |
The Reverend Side Boob
Location: Nofe Curolina
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They're not. When your clients are all energy and petrochemical companies and you have over $16 billion in work backlog, things don't slow down. Despite the economic crisis, the company's line of credit was just increased.
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Living in the United Socialist States of America. |
10-10-2008, 08:42 AM | #7 (permalink) |
You had me at hello
Location: DC/Coastal VA
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Scott Adams has a whole e-mail exchange in one of his books about suspending free beverages.
Unlike your company, they were not honest about why and were kind of dicking around with employees. At a time when the money was flowing like water. We keep hiring people. Our owner has made it clear to me that the internet portion of our business is paramount, so he wants me to cut back on my nonternet efforts, ie: what I was hired to do. He has a few misconceptions about the industry. I can say this because I've spent years covering the industry for a trade paper. Whether that will cause distress, I don't know. Right now he's concentrating on web traffic of 1k to the detrement of an audience of 60k.
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I think the Apocalypse is happening all around us. We go on eating desserts and watching TV. I know I do. I wish we were more capable of sustained passion and sustained resistance. We should be screaming and what we do is gossip. -Lydia Millet |
10-10-2008, 04:44 PM | #9 (permalink) |
Psycho
Location: hiding behind wings
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The County government has cut merit raises to 3% (and that's if you walk on water), and has a hiring freeze in effect for our department. This sucks... with the economy gone to pot, people are receiving more benefits so our caseloads are going up, but no more workers are being brought in to help!
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Screw tradition! |
10-10-2008, 05:30 PM | #11 (permalink) |
Addict
Location: Ohio
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I also work for County government. This week, 9 of my coworkers were let go, not to mention the cuts they've outlined coming up. Several people will be retiring, so that will help, but we are currently on a wage freeze: no raises, no step increases, no cost of living increases. I've heard this freeze will be in effect for the next 3 years.
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10-10-2008, 05:53 PM | #12 (permalink) |
Crazy
Location: Oside
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My work's been cutting back part time hours, to the detriment of us full timers. Most of our cover guys are back working their part time jobs, and management is trying their best to divvy up the work they were doing amongst full timers. Which of course makes little sense. We're not losing any employees, just moving hours from guys making from 12 to 20 and hour to guys making 44 and hour on overtime. Great strategy by the higher ups, but that is what it is.
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10-11-2008, 06:09 AM | #13 (permalink) |
A Storm Is Coming
Location: The Great White North
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We're budgeting for 2.5% raises next year. Some will earn more and some less depending on their review. It is based on performance.
There have been layoffs and buyouts. Holiday parties have been scaled back to an employee only luncheon and gift combo for $50 or less. We still provide coffee/snacks and soft drinks are a quarter from the machine.
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If you're wringing your hands you can't roll up your shirt sleeves. Stangers have the best candy. |
10-11-2008, 06:22 AM | #14 (permalink) |
Asshole
Administrator
Location: Chicago
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My T&E percentage has been discussed several times with management. It's a little on the high side for the book of business that I have. But that's about it, and it's been a series of discussions going back well over a year, mainly because the insurance market has been tanking for 3 years.
Coffee, soft drinks and beer are all still free in the kitchens.
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"They that can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety." - B. Franklin "There ought to be limits to freedom." - George W. Bush "We have met the enemy and he is us." - Pogo |
10-11-2008, 06:28 AM | #15 (permalink) |
Psycho
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Unfortunately even in the health care industry we are being hit. My employer just laid-off around 200 employees. Unfortunately, with the budgets being tight people are not paying on their under-insured hospital bills. To give you an idea of the impact the economy has made last year at about this time there were approximately 7.1 million dollars and this year those totals reach 32.3 million. Unfortunately when times are lean more people seek care at emergency rooms since they cannot be turned away for lack of finances, so this leaves us with more of a loss.
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10-11-2008, 07:11 AM | #16 (permalink) |
I'll ask when I'm ready....
Location: Firmly in the middle....
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None yet. But then, I'm not in the private sector any longer. Thank God for good timing.
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"No laws, no matter how rigidly enforced, can protect a person from their own stupidity." -Me- "Some people are like Slinkies..... They are not really good for anything, but they still bring a smile to your face when you push them down a flight of stairs." -Unknown- DAMMIT! -Jack Bauer- |
10-11-2008, 09:20 AM | #17 (permalink) |
Invisible
Location: tentative, at best
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I'm in a growth-related industry in the sun belt - Planning, Civil Engineering, Landscape Architecture. Up until a year ago, who would have thought that would have been a bad career move?
We've had lay-offs to the point that we're a skeleton crew now - any more layoffs would mean closing the office altogether. We've gone from 30 employees to 18 in the past year, and all our private contracts have dried up. We're trying to get our foot in the door on some public projects, but it's tough to do - and for good reason. When local governments find businesses they like to work with, no amount of 'fair hiring practices' will affect which firms get awarded the contracts year after year. So far, they still supply the coffee, though.
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If you want to avoid 95% of internet spelling errors: "If your ridiculous pants are too loose, you're definitely going to lose them. Tell your two loser friends over there that they're going to lose theirs, too." It won't hurt your fashion sense, either. |
10-12-2008, 11:28 AM | #18 (permalink) |
Insane
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We recently had some cut backs similar to what others have been saying, no raises, company wide forced time off (coming out of your vacation time), reduced bonus, etc... The timing couldn't be worst because I am expecting to be promoted. Generally speaking, the first promotion warrants a significant wage increase. Since the company has already said there will be no wage increases, that means should my boss decide to go through and promote me, he won't need to give me a raise. At this point, I am hoping they don't promote me. A paper promotion leads to increase in work responsibilities but no added incentive. The old timers at work basically told me this is the company's way of telling me to bend over and grab my ankles. I will be supplying my own lube.
But they still have free coffee! |
10-12-2008, 12:30 PM | #19 (permalink) |
Upright
Location: Arkansas
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I'm in a construction job and we are busy as ever. It is a very specialized craft and travel is required. Years ago I would be home every 3-5 weeks, now I stay out about 7-10 weeks at a time. As a result of that I am going to start looking for a new job. I am told to stay out that long and we work everyday we are out so that means that I normally work 50-80 days at a time and I can't handle that any longer.
Scoty
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Just think 6 feet above the ground is better than 6 feet below ground! |
10-12-2008, 04:01 PM | #20 (permalink) |
It's a girly girl!
Location: OH, USA
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glad I don't have a job or I might have to be worried about all this stuff... Even so, my wife works in medicine, and that is a rather isolated sector from the economy at large, so we haven't felt the crunch at all, yet?
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"There's someone out there for everyone - even if you need a pickaxe, a compass, and night goggles to find them." |
10-12-2008, 04:37 PM | #21 (permalink) |
Leaning against the -Sun-
Super Moderator
Location: on the other side
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I haven't noticed much change so far. Perhaps the fact that we're cutting back on advertising, plus the frequency of shows has gone down a tad. But I'm in the art industry and we aren't set to take a hit for a few months yet. We're still floating on Russian and Chinese money, I'm told.
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Whether we write or speak or do but look We are ever unapparent. What we are Cannot be transfused into word or book. Our soul from us is infinitely far. However much we give our thoughts the will To be our soul and gesture it abroad, Our hearts are incommunicable still. In what we show ourselves we are ignored. The abyss from soul to soul cannot be bridged By any skill of thought or trick of seeming. Unto our very selves we are abridged When we would utter to our thought our being. We are our dreams of ourselves, souls by gleams, And each to each other dreams of others' dreams. Fernando Pessoa, 1918 |
10-12-2008, 07:27 PM | #22 (permalink) |
Psycho
Location: Buffalo, New York
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My wife just voluntarily left a bank job with a large US bank to go with a healthcare insurance provider.
I work for a school district, but they haven't really started to do much more than attempt to control transportation costs. We went through a reorganization (due to retirements) 1.5 years ago and cut some secretarial support at the central office level. |
10-13-2008, 01:09 PM | #25 (permalink) |
Junkie
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We haven't had too many cutbacks yet. I'm sure 2009 raises probably won't be much. Bonuses are tied to office (and individual performance) so we'll have to wait till the fiscal year ends but as of now it isn't looking good.
They have been pushing us to get on clients quicker when they don't pay. We've also switched to a pay when paid policy with subcontractors. |
10-14-2008, 04:05 AM | #26 (permalink) |
Psycho
Location: TN
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I work for a large Fortune 500 company (we're in the top 20)
We've had 4 rounds of layoffs (read: packages) in since 2002, I've been offered twice but didn't take, luckily there was enough that did mainly through early retirement. Now there arent many people left over 50... Hiring freeze All Travel has to have prior approval by Vice-President only Leasing half of the building I work in to outside tenants Outsourcing non-customer interaction processes to vendors outside the US BYOS (Bring your own supplies) actually we get supplies but its cheap shit Limited relocation - specialized jobs only again VP approval Delayed raises for two years, and the one I got was small Temporarily suspended 401-K matching There are more I'm sure but thats all I can think of at the moment |
10-14-2008, 08:04 AM | #27 (permalink) |
Kick Ass Kunoichi
Location: Oregon
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So I have a couple jobs, and one of them is cleaning an office; that employer is not cutting back--actually, they're hiring more people, which is one of the reasons I got asked to clean the office. More people=more mess.
Another is working in a church nursery. That job is really insulated from the market, as the church has many sources of money. We're sheltered from a possible drop in income due to people putting less in the collection plate because the church prepares for times like this. The portion of my employment that isn't sheltered from the market is my childcare business. More people are staying home instead of going out, but business from my clients is relatively steady. It has dropped off from last year, but I'm still doing regular business. My boyfriend's employer is hiring more people, and offering recruitment bonuses to employees who recruit a successful hire. They're even talking about expanding hours into the evening and weekend; currently their offices and labs are only open 8-5.
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If I am not better, at least I am different. --Jean-Jacques Rousseau |
11-06-2008, 03:11 PM | #31 (permalink) | |
Tilted Cat Head
Administrator
Location: Manhattan, NY
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Quote:
BTW it isn't bottled water, it's filtered water with a bottle on top to make it look like a bottled water cooler. If you look inside the water bottle you'll see a ball, cock, float mechinism that is similar to the one you have in your toilet tank.
__________________
I don't care if you are black, white, purple, green, Chinese, Japanese, Korean, hippie, cop, bum, admin, user, English, Irish, French, Catholic, Protestant, Jewish, Buddhist, Muslim, indian, cowboy, tall, short, fat, skinny, emo, punk, mod, rocker, straight, gay, lesbian, jock, nerd, geek, Democrat, Republican, Libertarian, Independent, driver, pedestrian, or bicyclist, either you're an asshole or you're not. |
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11-06-2008, 03:38 PM | #33 (permalink) |
Functionally Appropriate
Location: Toronto
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6 people were layed off on Monday bringing our total number of employees to around 20.
They all get to keep their benefits (for how long I don't know) and were told that they could be asked back when business picks up again. I think the last bit is only true for some of them. On the bright side, we're still getting our catered lunches on fridays. Tomorrow is Quizno's.
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Building an artificial intelligence that appreciates Mozart is easy. Building an A.I. that appreciates a theme restaurant is the real challenge - Kit Roebuck - Nine Planets Without Intelligent Life |
11-06-2008, 04:56 PM | #34 (permalink) |
Addict
Location: Kingston,Ontario
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I got laid off the day I got back from a two month apprenticeship course. I was already in debt from two months of EI benefits of 60% and all the increased expenses being 400 kms from home. You should have seen the bosses face when I walked in after getting back from the course. It was like "Holy shit! We forgot about you! I've got some bad news......."
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"Do not resent growing old. Many are denied the privilege" Irish proverb |
11-06-2008, 05:02 PM | #35 (permalink) |
Too Awesome for Aardvarks
Location: Angloland
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Er, i was paid gloriously this month, told it was wrong, have to pay it all back, with a 'were not too sure when we'll get your right pay to you'.
Gee, thanks. You can mispay me on time, but can't seem to pay me normally at all. Thats admin cutbacks for you. I hope they forget about the tax bit though, hopefully i can be sneaky and reclaim that for myself with a quick trip to the tax office...
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Office hours have changed. Please call during office hours for more information. |
11-07-2008, 06:39 AM | #38 (permalink) |
will always be an Alyson Hanniganite
Location: In the dust of the archives
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10% reduction of salary. (We were notified after the annual United Way campaign kickoff meeting)
Loss of 401K employer contribution match.
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"I distrust those people who know so well what God wants them to do because I notice it always coincides with their own desires." - Susan B. Anthony "Hedonism with rules isn't hedonism at all, it's the Republican party." - JumpinJesus It is indisputable that true beauty lies within...but a nice rack sure doesn't hurt. |
11-07-2008, 01:40 PM | #39 (permalink) |
big damn hero
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I work for the state and there haven't been any real cut back measures as far as I can tell.
There is the general "try not to blow all your budget out by the end of the year" sort of thing, but that's just business as usual in my experience. We don't seem to have as many catered events, but, then again, we are moving into the slow part of the year.
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No signature. None. Seriously. |
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