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wazi99
11-16-2012, 10:58 AM
Would you take a 10% pay cut or would you rather the company close and lose your job?

I would take the 10% pay cut. My dads company just did a 15% pay cut across the board as they are int he building supplies business and sales went down heavily in 2012.

Jenda
11-16-2012, 12:47 PM
I already did. When the economy started to tank, all of the owners and management took a 15% pay cut. It goes with the territory when you have a business to run....you are the first one to take a pay cut. Leading by example.

We have not cut employees' wages, but we are not hiring and we are reducing our work force by attrition. Obamacare will prevent us from hiring.

roadmaster
11-16-2012, 01:00 PM
I already did. When the economy started to tank, all of the owners and management took a 15% pay cut. It goes with the territory when you have a business to run....you are the first one to take a pay cut. Leading by example.

We have not cut employees' wages, but we are not hiring and we are reducing our work force by attrition. Obamacare will prevent us from hiring.

Most people are willing to take a cut to keep a job.

Evan Mazepa
11-16-2012, 02:27 PM
Would you take a 10% pay cut or would you rather the company close and lose your job?

I would take the 10% pay cut. My dads company just did a 15% pay cut across the board as they are int he building supplies business and sales went down heavily in 2012.

I would take a cut as long as it was across the board up to down down to up the chain. Twenty years ago when the insurance industry tanked along with banks and other financial institutions some insurance companies thought about an across the board cut but that is as far as it got - thoughts.
I was one of thousands who was selected for deselection. Hey that's life !!

oceanloverOH
11-16-2012, 02:28 PM
Most people are willing to take a cut to keep a job.

Absolutely a pay cut. Too bad my husband wasn't offered that option. He's already been informed that he will be laid off from his job (after being there for 17 years) during the first half of 2013.

roadmaster
11-16-2012, 02:49 PM
Absolutely a pay cut. Too bad my husband wasn't offered that option. He's already been informed that he will be laid off from his job (after being there for 17 years) during the first half of 2013.

Sorry to hear. I know my oldest son is getting nervous about his job too. Yes he would take a pay cut but he is afraid they are going to close down.

Cigar
11-16-2012, 03:03 PM
If I had no other options ... I'd take the Pay-Cut ... while looking for a better Job.

roadmaster
11-16-2012, 03:05 PM
If I had no other options ... I'd take the Pay-Cut ... while looking for a better Job.

It's always easier to find a job when you have one, I agree.

wazi99
11-16-2012, 03:19 PM
EDIT: Since some people would rather attack the source than the info here it is from MSN.

Average Teacher makes $44k average top union bosses pull in nearly $500k a year.

Read more: http://now.msn.com/teachers-union-bo...-than-teachers (http://now.msn.com/teachers-union-bosses-earn-11-times-more-than-teachers)


It's always easier to find a job when you have one, I agree.

Amazingly 18,500 people picked to lose their jobs... Wait no Fat Cat Union Bosses who get to keep their job decided their jobs where more important than 18,500 jobs of their members.

Isn't it time Fat Cat Union Bosses get their salaries limited.


Average teacher makes $44G while their top union bosses pull in nearly $500G








Read more: http://www.foxnews.com/us/2012/07/14/teacher-union-bigs-rake-in-dough-despite-budget-cuts-across-education-sector/#ixzz2CQ1GeXZH






Read more: http://www.foxnews.com/us/2012/07/14/teacher-union-bigs-rake-in-dough-despite-budget-cuts-across-education-sector/#ixzz2CQ1GeXZH


Average teacher makes $44G while their top union bosses pull in nearly $500G








Read more: http://www.foxnews.com/us/2012/07/14/teacher-union-bigs-rake-in-dough-despite-budget-cuts-across-education-sector/#ixzz2CQ1GeXZH

Average Teacher makes $44k average top union bosses pull in nearly $500k a year.

Read more: http://now.msn.com/teachers-union-bosses-earn-11-times-more-than-teachers

Mid level Union Bosses make $118,000 a year on average. http://www.simplyhired.com/a/salary/search/q-Union+Boss



American Federation of State County and Municipal Employees (AFSCME) – Gerald McEntee: $565,035
In an era when “the 99%” are protesting private corporations that are supposedly squelching democracy, and President Obama is taking issue with the political campaign spending of “special interests”, you’d think the public sector employee must be helpless and without any voting power whatsoever. But this public sector union outspent (http://www.ideasinactiontv.com/tcs_daily/2010/10/when-unions-vote-your-money.html) even the Chamber of Commerce and Karl Rove’s ‘evil’ American Crossroads PAC in 2010 when AFSCME contributed $87 million to the congressional elections. “"We're spending big. And we're damn happy it's big. And our members are damn happy it's big-it's their money,” AFSCME president McEntee told the Wall Street Journal (http://online.wsj.com/article/SB10001424052702303339504575566481761790288.html)t hat year. I doubt that all taxpayers would agree. And by the way, where was Occupy to protest that special interest spending?




National Education Association (NEA) – John Wilson: $492,484
In 2007, this union – which represents over three million members, most on taxpayer funded salaries – spent over $80 million (http://www.teachersunionexposed.com/unions.cfm), 20% of its budget, toward left-wing causes and groups, regardless of the personal beliefs of its members. That source pointed out, “As a Wall Street Journal editorial noted, the union's financial disclosure forms "expose the union as a honey pot for left-wing political causes that have nothing to do with teachers, much less students."




United Food & Commercial Workers (UFCW) – Joseph Hansen: $352,758
UFCW is no stranger to knock-down, drag-out fights. In 2007, after enduring the union’s relentless corporate campaigns, Smithfield Foods finally filed a RICO lawsuit (http://web.archive.org/web/20071130220058/http:/www.charlotte.com/business/breaking_news/story/382068.html) against UFCW, insisting the move was a necessary last resort. The company and union later settled the matter when Smithfield agreed to drop the suit if UFCW suspended its campaigns.




AFL-CIO - Richard Trumka: $293,750
Trumka has just recently said (http://www.breitbart.com/Breitbart-TV/2012/05/07/Trumka-Ive-Talked-To-Obama-About-2nd-Term-Agenda) that he’s met with President Obama about his second term agenda. So if you’re one of those (sssshhhh) Republican union members in Trumka’s organization, your money is going to Obama whether you like it or not. (By the way, do you know your Beck rights (http://unionrefund.org/index.asp)? You can ask your union to refund dues money that is not used to represent YOU.)




Wisconsin Education Association Council (WEAC) - Dan Burkhalter: $242,000
As union members and supporters were protesting Walker’s budget cuts and comparing him to Hitler, WEAC laid off employees (http://www.openmarket.org/2011/08/17/weac-demonstrates-that-union-solidarity-is-a-thing-of-the-past/) of its own, while its leaders raked in six-figure salaries.

Evan Mazepa
11-16-2012, 04:45 PM
Amazingly 18,500 people picked to lose their jobs... Wait no Fat Cat Union Bosses who get to keep their job decided their jobs where more important than 18,500 jobs of their members.

Isn't it time Fat Cat Union Bosses get their salaries limited.


Average teacher makes $44G while their top union bosses pull in nearly $500G








Read more: http://www.foxnews.com/us/2012/07/14/teacher-union-bigs-rake-in-dough-despite-budget-cuts-across-education-sector/#ixzz2CQ1GeXZH



If one is honest one would say that one boss the top boss of the NEA makes almost $500 k per year according to FOX NETWORK. That may or may not be true since we all know how Fox lacks fairness and balance. The so called Fox report I noticed was infested with an anti- liberal and anti-union ranting therefore that further makes me wonder how true their "report" is.

wazi99
11-16-2012, 05:05 PM
If one is honest one would say that one boss the top boss of the NEA makes almost $500 k per year according to FOX NETWORK. That may or may not be true since we all know how Fox lacks fairness and balance. The so called Fox report I noticed was infested with an anti- liberal and anti-union ranting therefore that further makes me wonder how true their "report" is.

If you don't like it from Fox here it is From MSNBC.

Average Teacher makes $44k average top union bosses pull in nearly $500k a year.

Read more: http://now.msn.com/teachers-union-bo...-than-teachers (http://now.msn.com/teachers-union-bosses-earn-11-times-more-than-teachers)

Chris
11-16-2012, 05:09 PM
I would. I have in the past, went to work for a biomed start up years ago, things were fine till we went public and the bottom started dropping out. Took cuts in pay, stock options for pay, even a few weeks no pay, to no avail. I'd do it again, the company I work for has been good to me.

Peter1469
11-16-2012, 06:38 PM
Germany did it on a national level- they cut hours and pay so that people wouldn't have to be laid off.

Castle
11-17-2012, 12:25 AM
Apparently liberals think a company's purpose is to provide jobs. They don't understand that jobs are a positive consequence of the business fulfilling a need. If they can't do this successfully, they can't provide jobs, period. Why don't we teach Logic in middle school and high school?

Adelaide
11-17-2012, 01:47 AM
Apparently liberals think a company's purpose is to provide jobs. They don't understand that jobs are a positive consequence of the business fulfilling a need. If they can't do this successfully, they can't provide jobs, period. Why don't we teach Logic in middle school and high school?

A lot of companies do not hire people unless they absolutely have to - there has a been a steady increase in the amount of work individuals are doing outside of their regular working hours in order to meet the demands of their position. Cutting jobs means stressing out remaining workers and when workers reach a certain point, that equals an immense amount of errors, leaves of absence due to stress and/or illness, and so on. Nothing is more costly than errors or paying for people to be off work sick/disability. A pay cut or a reducation in hours (work sharing) can often mean a better operational outcome than outright laying people off which also tends to motivate remaining workers to seek employment elsewhere unless the severance packages are ace (more money lost there).

There are many ways to look at this.

Anyways: I'd take the cut and start looking for more stable employment long-term.

KC
11-17-2012, 01:56 AM
Apparently liberals think a company's purpose is to provide jobs. They don't understand that jobs are a positive consequence of the business fulfilling a need. If they can't do this successfully, they can't provide jobs, period. Why don't we teach Logic in middle school and high school?

The local School District tried to get an initiative to have high school teachers teaching some critical thinking skills and some Logic in General Education courses. Personally, I think the ability to identify logical fallacies and valid vs. invalid logical arguments would be a great thing to teach high schoolers, who will be able to vote in most cases as soon as they graduate.