Originally posted by NihilistSanta
Who cares if they got raises. Its their business. I guess if your company is in trouble you will refinance your house to do your part right? How about
when they offer to fire someone at your job you offer to take a cut in pay to keep them on.
While it may be their business, based on the articles I have read one gets the impression that the employee's have been invested in the company much
longer than the executives.
I do understand one of the points they are making though, years ago companies worked their employee's and their employee's children half to death
for a pittance while they made a decent living off of the lives and health of their employee's.
Eventually people stood up and took notice of such disparity and minimum wage, 8 hour days (or extra pay for extra time), 6 work days with one off
(unless receiving extra pay for the overtime), 1 15 minute break for every 4 hours of work and a 30 minute (minimum break) for 8 hours of work, so
they can at least eat. Employee's were people and thus should be treated in a humane manner.
The fact of the matter is, the company is nothing without it's employee's as one can see with the Hostess situation. Believe me I've held careers
in 3 Fortune 500 companies and the execs may carry the decisions and path the company takes on their shoulders, but it's the people down lower on the
food chain doing the work producing the products, researching and creating new products and so forth that the company rests on, and from what I have
seen the employee's work both physically and mentally harder than those decision makers at the top. Now imagine yourself putting those hours in
physically and mentally laboring, and then being asked to take a pay cut of 8% when those decision makers aren't sucking it up?
Finally I quoted that one portion of your post to show you how much things have changed in business. The first of the 3 Fortune 500 companies I
worked for was very successful, and they valued their employee's for the hard work, loyalty, reliability along with innovative and imaginative
research producing new products for the company to sell, that would benefit their clients. Health care benefits, pension benefits, profit sharing, 2
weeks vacation after the first year, a day care center, a free fitness center, and you'll never believe this but after 5 years you were entitled to
45 sick days per year. (We'll never see that kind of employer/employee beneficial relationship again)
Despite how successful the company was, in the early 80's the economy went downhill and for the first time in that company's history they were
forced to lay off (terminate) employee's. For the most part the decisions regarding who to let go were based on performance, but the group I was in
was a bit unique, there were only 4 of us and the company was forced to reduce our group by 1, and that 1 ended up being me after the logical choice
threatened to sue the company for not being diverse if they let her go to put it kindly. The other 3 members of my group, her included.....went to
management and offered to each take one day a week off without pay to keep me on. Of course that didn't work out despite how generous and kind the
offer was, the management did like me and within 3 months they had an opening I was suited for and they called me to let me know so I could get right
back to them, I was the only one that returned from those terminations.
There was a time when hard work, reliability and loyalty were valued by corporations, and those employee's who fit the bill were equally rewarded.
Both sides benefited.