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(MSNBC)   You know the economy sucks when companies can't afford to fire people   (msnbc.msn.com) divider line 35
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5705 clicks; posted to Business » on 07 Apr 2009 at 5:34 AM (5 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



35 Comments   (+0 »)
   

Archived thread
 
2009-04-07 02:40:32 AM  
...And casinos have to lay people off. This shiat is getting real.
 
2009-04-07 06:23:57 AM  
In before the "in before" the's.
 
2009-04-07 07:17:24 AM  
I'm sure a shrewd company could figure out ways to just out and out fire people instead. For instance, I could be fired for writing this at work.
 
2009-04-07 08:07:08 AM  
CarnySaur: I'm sure a shrewd company could figure out ways to just out and out fire people instead. For instance, I could be fired for writing this at work.

Unemployment insurance isn't free. Your employer pays for that. Cheaper to have you maintaining the illusion that you are somehow a valuable employee whose productivity increases revenue, than to dispel the rumor and put you out on your butt.

And if you're union, you grieve it, and it wastes everyone's time [everyone that matters,anyway] and you still get laid off anyway.
 
2009-04-07 08:15:56 AM  
"If you overshoot on the downside and lay off workers, it puts the company at a disadvantage when the economy comes back to life," said Sean Snaith, economics professor at the University of Central Florida.

Nope, sorry, paranoia and overreaction is the only way to go.
 
2009-04-07 08:49:20 AM  
Ball of Confusion: Unemployment insurance isn't free. Your employer pays for that. Cheaper to have you maintaining the illusion that you are somehow a valuable employee whose productivity increases revenue, than to dispel the rumor and put you out on your butt.

If you're fired for cause, no unemployment benefits.
 
2009-04-07 09:02:42 AM  
Ball of Confusion: CarnySaur: I'm sure a shrewd company could figure out ways to just out and out fire people instead. For instance, I could be fired for writing this at work.

Unemployment insurance isn't free. Your employer pays for that. Cheaper to have you maintaining the illusion that you are somehow a valuable employee whose productivity increases revenue, than to dispel the rumor and put you out on your butt.

And if you're union, you grieve it, and it wastes everyone's time [everyone that matters,anyway] and you still get laid off anyway.


If you are fired for cause you get no unemployment. There are specific causes that are enumerated and there are specific procedures that have to be followed.

Spending 5 minute of FARK to decompress the brain, probably doesn't qualify as a justified firing cause.

From a business sense, if the company is not desperate they can lay off the dead weight but keep the good employees if at all possible. Why it simply costs too much money to simply get rid of skilled people from tradesmen to professionals .

Also when the economy recovers a shiat bag company has cut off their nose to spite their face. People talk, with the interweb people talk even more. So and so is a psyco, that company is average and xyz is a really good place to be. Recruiting costs for good people go through the roof if a company has a bad rep. So being a slick boss or psyco boss and farking people over will bite you eventually
 
2009-04-07 09:07:07 AM  
Gough:
If you're fired for cause, no unemployment benefits.


False. To not receive benefits, the cause must be "gross misconduct". Which is generally identified by things like theft, failure to attend work, and abuse of other employees.

If you are terminated because your boss doesn't like your work, you will still qualify for benefits.

And yes, the employer's unemployment insurance rates will go up because of your claim.
 
2009-04-07 09:08:46 AM  
Recent legislation says, if you lay someone off, you have to continue to pay for their insurance.

So now have to lay two people off, in order to have enough cash to pay their insurance.
 
2009-04-07 09:09:26 AM  
Gough: Ball of Confusion: Unemployment insurance isn't free. Your employer pays for that. Cheaper to have you maintaining the illusion that you are somehow a valuable employee whose productivity increases revenue, than to dispel the rumor and put you out on your butt.

If you're fired for cause, no unemployment benefits.


You still have to prove cause and follow that states procedures. Verbal warning followed by a period for the employee to correct their behavior, followed by a written counseling and another period etc... until you meet the legal standard set. Other wise you are paying. Its a pain is the a$$ and expensive in terms of time, although if you're lucky you can polish your lump of coal into a real diamond and turn a problem child around. Most people actually want to do a good job if properly reward them.

Only thing that circumvents this is threats to safety
 
2009-04-07 09:10:11 AM  
FaRuvius: Gough:
If you're fired for cause, no unemployment benefits.

False. To not receive benefits, the cause must be "gross misconduct". Which is generally identified by things like theft, failure to attend work, and abuse of other employees.

If you are terminated because your boss doesn't like your work, you will still qualify for benefits.

And yes, the employer's unemployment insurance rates will go up because of your claim.


Didn't know that good to know ;o)
 
2009-04-07 09:14:18 AM  
Pro Zack: Recent legislation says, if you lay someone off, you have to continue to pay for their insurance.

So now have to lay two people off, in order to have enough cash to pay their insurance.


Or you severely limit hiring unproven talent.

Many companies in Europe do this because its damned near impossible to fire someone even for gross misconduct. At least that's the perception anyway. So risk averse companies loath to hire someone "too young" and unproven, its a catch 22.
 
2009-04-07 09:16:23 AM  
Step 1: Fire a few employees so you don't have to go bankrupt
step 2: Fire 1 employee for every three you lay off to pay for their unforseen COBRA expenses
Step 3: Prepare to pay additional taxes and higher cost of goods sold as "green ponzi scheme" taxes are levied by laying off a few more employees
Step 4: Look for a new country to do business in
Step 5: Ask Nancy Pelosi how her buddies in American Samoa get their own tax haeven.
 
2009-04-07 09:16:31 AM  
Unlike most farkers, these companies have futures and realize this recession won't last forever.
 
2009-04-07 09:21:49 AM  
All I know is I want a kayak paddle with chickens on both ends.

msnbcmedia3.msn.com

That farking rocks.
 
2009-04-07 09:27:34 AM  
...Horray!
 
2009-04-07 09:33:56 AM  
Story about Costco... the store that costs money to even enter let alone shop at.

And they're failing you say?

No way.

/Really doesn't need 5L of mustard...
//Welcome to Costco, I love you!
 
2009-04-07 09:43:19 AM  
They're keeping all their employees and finding other ways to trim costs.


"Welcome to Costco: We love you."
 
2009-04-07 09:44:56 AM  
Dull Cow Eyes: They're keeping all their employees and finding other ways to trim costs.


"Welcome to Costco: We love you."


Dude, I like beat you by like 10 mins, so like, get your own meme.
 
2009-04-07 09:48:50 AM  
Did subby bother to read the article?
 
2009-04-07 10:04:53 AM  
tombotia: Dude, I like beat you by like 10 mins, so like, get your own meme.


But my meme is repeating other farkers' lines.

/not really
/and I screwed up the quote, "I" is funnier than we
 
2009-04-07 10:18:17 AM  
Ball of Confusion:
Unemployment insurance isn't free. Your employer pays for that. Cheaper to have you maintaining the illusion that you are somehow a valuable employee whose productivity increases revenue, than to dispel the rumor and put you out on your butt.

And if you're union, you grieve it, and it wastes everyone's time [everyone that matters,anyway] and you still get laid off anyway.



You seem like a very depressing person. You must hate a lot about life.
 
2009-04-07 10:21:44 AM  
Dull Cow Eyes: tombotia: Dude, I like beat you by like 10 mins, so like, get your own meme.


But my meme is repeating other farkers' lines.

/not really
/and I screwed up the quote, "I" is funnier than we


Hehehe, I'm actually surprised nobody else posted it first.

I really am hating that people are looking at Idiocracy as a guide to good living..
 
2009-04-07 10:32:20 AM  
Someone at Costco lied, because I know of a few people that have been laid off from Costco here in Eugene, and they were not seasonal workers. Maybe they have been hired back?
 
2009-04-07 11:44:29 AM  
tombotia: Story about Costco... the store that costs money to even enter let alone shop at.

And they're failing you say?


Costco..failing? What planet are you on? They're one the few retailers actually doing fairly well.
 
2009-04-07 12:35:52 PM  
meat0918: Someone at Costco lied, because I know of a few people that have been laid off from Costco here in Eugene, and they were not seasonal workers. Maybe they have been hired back?

Doubtful, the economy in Oregon sucks arse. We're becoming the Appalachia of the West Coast...
 
2009-04-07 12:37:59 PM  
they can't afford to fire them because they aren't paying them anything. its no real loss to keep them hired.

ironic.


and THAT is Freedom, baby.


lol
 
2009-04-07 01:31:41 PM  
failblog.files.wordpress.com
 
2009-04-07 01:43:13 PM  
tombotia: Story about Costco... the store that costs money to even enter let alone shop at.

And they're failing you say?

No way.

/Really doesn't need 5L of mustard...
//Welcome to Costco, I love you!


The article says that profits are down 27% from last year. If profits are down 27% that hardly means failing. Maybe if it said something like "Profits are down %1027 and no one sees any way of turning it around." then yeah.
 
2009-04-07 03:29:30 PM  
tombotia: Story about Costco... the store that costs money to even enter let alone shop at.

And they're failing you say?

No way.

/Really doesn't need 5L of mustard...
//Welcome to Costco, I love you!


Aww did someone get rejected at the door?
 
2009-04-07 03:49:04 PM  
crazytrpr: Gough: Ball of Confusion: Unemployment insurance isn't free. Your employer pays for that. Cheaper to have you maintaining the illusion that you are somehow a valuable employee whose productivity increases revenue, than to dispel the rumor and put you out on your butt.

If you're fired for cause, no unemployment benefits.

You still have to prove cause and follow that states procedures. Verbal warning followed by a period for the employee to correct their behavior, followed by a written counseling and another period etc... until you meet the legal standard set. Other wise you are paying. Its a pain is the a$$ and expensive in terms of time, although if you're lucky you can polish your lump of coal into a real diamond and turn a problem child around. Most people actually want to do a good job if properly reward them.

Only thing that circumvents this is threats to safety


THIS. Especially the part about your particular state. In my state, the cause does not have to be as bad as "gross misconduct."
 
2009-04-07 04:16:18 PM  
Gough: crazytrpr: Gough: Ball of Confusion: Unemployment insurance isn't free. Your employer pays for that. Cheaper to have you maintaining the illusion that you are somehow a valuable employee whose productivity increases revenue, than to dispel the rumor and put you out on your butt.

If you're fired for cause, no unemployment benefits.

You still have to prove cause and follow that states procedures. Verbal warning followed by a period for the employee to correct their behavior, followed by a written counseling and another period etc... until you meet the legal standard set. Other wise you are paying. Its a pain is the a$$ and expensive in terms of time, although if you're lucky you can polish your lump of coal into a real diamond and turn a problem child around. Most people actually want to do a good job if properly reward them.

Only thing that circumvents this is threats to safety

THIS. Especially the part about your particular state. In my state, the cause does not have to be as bad as "gross misconduct."


Yup the rules good, bad or indifferent are there to protect everyone. Dumbasses firing people for no good reason are bad for their own businesses, as well as the local economy (yes I worked for one of those many years ago). Firing for cause in sometimes necessary. The rules and procedures are also there to minimize the effects of the pitchfork crowd.
 
2009-04-07 07:13:03 PM  
Brilliant. I am at a fortune 50 company and I wish they would realize the same thing. We're not cooking chickens here either, we're doing specialized work that you can't just pick someone up off the street and train them for a few weeks.
 
2009-04-07 09:03:18 PM  
Working for a korean company. They dont fire. They restructure and demote as a way of making employees lose face and become embarassed. To maintain their honor and dignity, many of them will retire. Younger people's jobs are almost 100% safe.
 
2009-04-08 04:41:32 AM  
I've said this before: I do jobs most people are incapable of doing... and I do them for pay that would insult most people who are capable.

So I guess it comes as no surprise that everyone I work for seems to want me to work more hours.

/clearly doing it wrong
 
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