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(Reuters)   For some inexplicable reason, 25% of the 90% of workers that are left say morale is low. Maybe it has something to do with 9 people doing the work of 10 while having to be grateful for no raises and no bonuses   (reuters.com) divider line 99
    More: Obvious, Microsoft Corp., margin of error, McClatchy, Tribune Co., side effects  
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1174 clicks; posted to Business » on 17 Nov 2009 at 11:49 PM (4 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2009-11-17 08:40:08 PM
Hey I work in a place exactly like that... (don't we all)
 
2009-11-17 09:31:33 PM
That's the price you pay when the money your company makes is leached off by investors.
 
2009-11-17 09:40:43 PM
Almost a quarter of U.S. employers say morale among workers at their companies is low, according to a survey released on Tuesday.

yeah, tell me about it. Our bosses told us that we weren't getting a pay raise this year no matter how well we did. well gee, to the surprise of no one, we met our basic goals and nothing else.
 
2009-11-17 09:41:46 PM
7of7: That's the price you pay when the money your company makes is leached off by investors the CEO and senior executives.

Fixed that for ya. investors ain't getting much of a return this year either.
 
2009-11-17 09:57:25 PM
Majick Thise: Hey I work in a place exactly like that... (don't we all)

no

/10%er
 
2009-11-17 09:59:17 PM
If it takes an absolute minimum of 10 workers to run a department as a skeleton crew, then you should have 9 workers.

Floggings will resume until morale rises.
 
2009-11-17 10:07:53 PM
Weaver95: 7of7: That's the price you pay when the money your company makes is leached off by investors the CEO and senior executives.

Fixed that for ya. investors ain't getting much of a return this year either.


Welcome to feudalism capitalism.

/capital has merely replaced land, but the hierarchy remains the same
//ducks and covers, preparing to get flamed for the imperfections of this analogy
 
2009-11-17 10:07:56 PM
My company is at about 40% growth for the year and we're actually a bit overstaffed since the company is not sure what to expect this Oct-March (our normal busy season). The same season last year we did twice what was projected.

My pay raise and profit sharing come in February.

However, you can include me in the 25% with low morale.
 
2009-11-17 10:16:17 PM
Weaver95: Fixed that for ya. investors ain't getting much of a return this year either.

Companies are laying off employees, not to save money to be injected back into the company, but to say they have a "profit" which the investors will then glom onto.

stinieroo: My company is at about 40% growth for the year and we're actually a bit overstaffed since the company is not sure what to expect this Oct-March (our normal busy season). The same season last year we did twice what was projected.

You work at a homeless shelter?
 
2009-11-17 10:24:33 PM
7of7: Weaver95: Fixed that for ya. investors ain't getting much of a return this year either.

Companies are laying off employees, not to save money to be injected back into the company, but to say they have a "profit" which the investors will then glom onto.


again - that's not going to the investors, it's going to the corporate officers. Anything left after paying those 'expenses' (which isn't much) then goes to the investors.
 
2009-11-17 10:33:53 PM
7of7: That's the price you pay when the money your company makes is leached off by investors.

Perhaps it might be useful to remind you that those leaches are the owners of your company. They do not invest their money to give you a job. They invest their money to make more money. The management are the leaches, and investors should have a far better say in their pay than they currently do.
 
2009-11-17 10:34:11 PM
I think it's more like 3 or 4 people doing the work of 10 (if you want to add up the hours).

/the "no OT pay" for salary folks is bullshiat
//because the exempt point is too farking low.
 
2009-11-17 10:38:50 PM
bronyaur1: 7of7: That's the price you pay when the money your company makes is leached off by investors.

Perhaps it might be useful to remind you that those leaches are the owners of your company. They do not invest their money to give you a job. They invest their money to make more money. The management are the leaches, and investors should have a far better say in their pay than they currently do.


there you go, pointing out 'facts' again. like THOSE ever get you anywhere in a fark thread...geez.
 
2009-11-17 10:47:42 PM
7of7: You work at a homeless shelter?

Eh..it's a step or two higher.
 
2009-11-17 11:00:27 PM
stinieroo: 7of7: You work at a homeless shelter?

Eh..it's a step or two higher.


A homeless tent or cottage?

/i'd go with the cottage, myself - more HP recovery per gil
 
2009-11-17 11:27:16 PM
King Something: /i'd go with the cottage, myself - more HP recovery per gil

Well, in this scenario, I would be the one selling HP-depleting tools for gil, and gil received as the result of battle could be returned to me in exchange for more tools!
 
2009-11-17 11:33:26 PM
The beatings will continue until morale improves.
 
2009-11-17 11:42:04 PM
King Something: A homeless tent or cottage?

/i'd go with the cottage, myself - more HP recovery per gil


img200.imageshack.us
 
2009-11-17 11:50:31 PM
Count me in the unemployed who don't worry about this crap right now. Outside of the whole "half pay on unemployment and no bennies" thing, morale is pretty high here, though admittedly I'm only on Week Two of this whole thing so there's plenty of room for it to crater.

But then again, I'm unemployed due to retarded leadership not knowing how to use a business analyst to make their back office not suck to work in, so... y'know.
 
2009-11-17 11:57:04 PM
25% is rather low estimate in my opinion. I need to find a new job.
 
2009-11-17 11:57:29 PM
Weaver95: bronyaur1: 7of7: That's the price you pay when the money your company makes is leached off by investors.

Perhaps it might be useful to remind you that those leaches are the owners of your company. They do not invest their money to give you a job. They invest their money to make more money. The management are the leaches, and investors should have a far better say in their pay than they currently do.

there you go, pointing out 'facts' again. like THOSE ever get you anywhere in a fark thread...geez.


Actually, that is not even close to correct. The modern corporate legal construct is predicated on a deal between investors, labor, and government. Corporations do not exist strictly to benefit investors. That is a simplication for CNBC viewers, engineering students taking econ 101 for general ed, and teabaggers.
 
2009-11-17 11:57:32 PM
If you have a job, you are blessed, Citizen.
 
2009-11-17 11:59:45 PM
Weaver95: investors ain't getting much of a return this year either.

Are you on crack? Look at investments in DOW Chemical and Ford since March. Very happy, thank you.

Sustainable? Hell no!
 
2009-11-18 12:15:14 AM
If 'productivity', as measured by the BLS, meant anything, the average household should be able to have a 1960s standard-of-living (inflation adjusted) with one worker working something under 20 hours a week.

The fact that it's only 25% suggests that the mass prescription of antidepressants has been reasonably effective.
 
2009-11-18 12:17:20 AM
My employer went all out this past year with a brand change, new building, etc., we aren't hiring any new people anytime soon so it's going to be avalanche after avalanche of shiat until sometime next year. Good times.

/Glad I'm still employed, however
 
2009-11-18 12:21:41 AM
I love my job. I have to use a week's of vacation time before the end of the year or I'll lose it; I've never taken a day off willingly.

Because I work alone. In air conditioning. Surfing the internet and playing video games and reading books. Sometimes a drunk girl will try to take my clothes off.

It's good to be the overnight concierge.
 
2009-11-18 12:46:10 AM
7of7 2009-11-17 09:31:33 PM That's the price you pay when the money your company makes is leached off by investors.
======================================================

If you're a public company, you need investors to function.

So... kind of a love-hate relationship, eh?
 
2009-11-18 01:08:20 AM
The people where I work haven't had a raise in 3 years and the ones that were hired in had their wages frozen and they can't even get their increases that they are due.

Greedy bastards these corporations are.
 
2009-11-18 01:11:30 AM
9 out of 10? Heh.

My wifes department went from 24 to 6 over the course of the fiscal year ending last june, and they're still required to accomplish the same amount of work. Sure, the overtime is nice, but burnout is quickly approaching as they basically had to increase productivity 400% under the threat of being the next one to go.
 
2009-11-18 01:43:42 AM
I am busy as hell and have tasks stacked up of weeks.


I am not complaining.
 
2009-11-18 02:02:19 AM
Any hours less than 168 per week that you are not working is time you're stealing from the company.
 
2009-11-18 02:02:43 AM
GaryPDX: maybe it's because stupid liberals are running the show. Yea, I'm just flat out blunt about it.

No no, as a good Fark Independent, you're supposed to blame the unions for stifling capitalism.
 
2009-11-18 02:38:15 AM
Start your own business if you dislike your current work conditions.
 
2009-11-18 04:12:51 AM
How do these numbers compare to times when we are not in a recession?
 
2009-11-18 04:22:29 AM
GaryPDX: maybe it's because stupid liberals are running the show. Yea, I'm just flat out blunt about it.

There's no stupidity like wingnut stupidity. Yea, I'm just flat out blunt about it.
 
2009-11-18 04:24:30 AM
Morale for me could be lower. Luckily management allowed me the option of working solo after the layoffs rather than deal with idiotic farkstains that do nothing but destroy efficiency and fark up the simplest calculations that always lead to the most expensive mistakes (Duh, fractions are hardDERP).

Yeah, healthcare is totally idiot recession-proof.
 
2009-11-18 04:41:25 AM
Weaver95: Almost a quarter of U.S. employers say morale among workers at their companies is low, according to a survey released on Tuesday.

yeah, tell me about it. Our bosses told us that we weren't getting a pay raise this year no matter how well we did. well gee, to the surprise of no one, we met our basic goals and nothing else.


We excelled over our goals by a significant margin.

Call me jaded, but even during the 'boom' times there weren't all that
many jobs around to be had. Unless you were friends with a corrupt politician, anyway.
 
2009-11-18 04:42:15 AM
Just got home from the longest day at work I've ever had in my 2+ years with this company. Long (cool) story (bro) short, they're trying to expand the reach of our product without having to hire any additional people. Today was an "experiment" to see how it would work and resulted in a whole bunch of people making OT, night differential and meal penalties.

//yes, we're union. no, don't blame us because we want to be compensated for our time and effort. even if this new initiative is a success it doesn't mean anyone outside of upper management will see any direct benefit from it. i'm sure as hell not getting a raise, nor are any of my non-union supervisors.
 
2009-11-18 05:13:55 AM
If it's any consolation, my life is great, babes, bucks, I've got it all!.
 
2009-11-18 06:20:42 AM
Damn you subby, don't you understand productivity is paramount?!?! Up 9.5% last quarter! Nothing else matters, don't you see?

Now let's not have any more childish complaining and all head back to our cubicles/offices/call centers/storage room b's and just be grateful we're allowed to toil for longer hours and less pay. It's an honor.
 
2009-11-18 06:36:02 AM
I hope that bonus comes through, cause I already wrote a check for the new family pool.
 
2009-11-18 06:38:27 AM
.. and tThe other 75% are too scared of being fired to even comment.
 
2009-11-18 06:40:03 AM
cranched: I hope that bonus comes through, cause I already wrote a check for the new family pool.

assets.nydailynews.com
 
2009-11-18 06:59:55 AM
Semi-Sane: Start your own business if you dislike your current work conditions.

Did just that. Try paying both halves of SSI, pay into unemployment for your wages, even though your not eligible, and then pay 100% of health insurance/benefits on top of that. Oh, don't forget about the accountant to help with the MASSIVE amount of paperwork for a simple sole proprietor LLC. I made less money, but took home more pay when I worked for the evil phone company.

It's alright though, I sell health insurance, so my job may soon be obsolete. It's so fun having the sword of Damocles hanging over your head with absolutely no safety net. But I'm sure there are plenty of good paying jobs out there, right?...... right?

/would rob banks before going back to AT&T
 
2009-11-18 07:06:31 AM
NewportBarGuy: Weaver95: investors ain't getting much of a return this year either.

Are you on crack? Look at investments in DOW Chemical and Ford since March. Very happy, thank you.

Sustainable? Hell no!


Dow's a funny example because of how much the botched gunpoint takeover of Rohm and Haas ended up costing. Incidentally most former Rohm and Haas employees are probably in this 25%... if they still have jobs.
 
2009-11-18 07:39:53 AM
you have pee hands: NewportBarGuy: Weaver95: investors ain't getting much of a return this year either.

Are you on crack? Look at investments in DOW Chemical and Ford since March. Very happy, thank you.

Sustainable? Hell no!

Dow's a funny example because of how much the botched gunpoint takeover of Rohm and Haas ended up costing. Incidentally most former Rohm and Haas employees are probably in this 25%... if they still have jobs.


No shait. My uncle is a soon-to-be former Rohm and Haas employee who is due to be cut very soon. Thanks, Dow.
 
2009-11-18 07:54:25 AM
Oh look management is suddenly worried that the economy might be turning around. This means that other companies might start hireing and those underappreciated, overworked, and underpaid peons that they beat down during the recession just might jump ship.

Who has company loyalty now a days? What company earns loyalty? They abuse when times are bad with no bonuses, raises, and pay cuts. And they abuse you when times are good with mandatory overtime, bonuses that do not bring your hourly wage up to minimum wage for the number of hours worked, and being passed over for promotions, because you are too valuable to lose.

Yeah fark companies. I've not been loyal to a company since my first job. That company tried to kill with unsafe working conditions, unsafe equipment,unholy amount of hours worked and it was the family buisness.
 
2009-11-18 08:01:13 AM
These days the captain doesn't go down with the ship.
Instead the execs take all the lifeboats and the safe with them leaving the crew and clients on board.

/have you got yours???
 
2009-11-18 08:09:22 AM
7of7: That's the price you pay when the money your company makes is leached off by investors.

My company hired a new CEO who made the mistake of saying he wanted to invest in the business. By mutual "agreement" (here's $1.5 million, now go and do nothing somewhere else) he was gone in less than a year.
 
2009-11-18 08:12:55 AM
Slaves2Darkness: bonuses that do not bring your hourly wage up to minimum wage for the number of hours worked

If your income evenly spread out over your hours worked is less than minimum wage then you really need to get out of the tomato fields, pancho.
 
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