posted on Jan, 29 2013 @ 05:16 AM
Originally posted by JiggyPotamus
Why do the executives never even consider taking a pay cut for the benefit of other people and the business as a whole?
Because the executives whose decision to lay-off people or not are typically the CEO's, they take directives from the CFO's.
They cannot blame the layoffs on Obama, because there is a way to circumvent the layoffs, although they would not personally make as much
That's not entirely
true. If your business is so tight financially, then that might have to be the case. But if you leave wiggle room in your
ledger to where you can get financially "creative", you can shuffle money here and there to where you can still retain your employee's, compensate
yourself as you usually do and still make a good profit. That, and not all company CEO's salaries are fixed. Some are dependent on profits. There are
way too many ways of doing business that the blanket statement you made simply can not be true in all cases.
Any organization that puts profits before people is not an organization I would ever work for personally.
You can't be serious. Every other part of your post made sense except that one. Money may be subject to a lot of variables to where you can't put ALL
your faith into it, but people are even more so the case. All those years ago when I managed a crew of 12, even on that level of management I realized
that you have to put profits first because you simply cannot count on people for being so stable as to put your faith in them on a business level.
Manage people and tell me otherwise. When they fall short, which most will inevitably do, YOU, the manager, have to pick up the slack without any more
compensation then what you're already getting. Now is THAT fair? No, that's business. They have their own lives outside of work and there are times
when they cannot be counted on, but not necessarily for reasons that you should hold against them. Things happen.
Yeah, that was a chain letter from 4 years ago but it's still relevant, so worthy of conversation. It was a draft that was never sent. Companies send
out memo's like this all time (
) It's the one's you DON'T see that matter most.
edit on 29-1-2013 by Taupin Desciple because: (no reason given)