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It's Almost the Season for WOTC layoff!
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<blockquote data-quote="Banshee16" data-source="post: 5363997" data-attributes="member: 7883"><p>I have friends working in the IT industry (programmers) who were directly faced with this choice. The company said that they could either get staff to agree to work 1 day a week for free until things turned around during the recession (and I think it became 1 day for free one week, 2 days for free the second week), with the alternatives being layoffs. The employees voted and agreed to it, rather than start losing jobs.</p><p></p><p>Yeah, it sucked, but it was better than looking for work in a situation where so many companies were streamlining their staffing levels.</p><p></p><p>Anyways, it's been a year, and the company has restored pay to two of the days, so now it's just 1 day for free every two weeks. </p><p></p><p>I can't see a company using this tactic to get staff to work for pennies on the dollar. I mean really, that's just silly. Particularly in skilled professions, that's a one-way ticket to finding that you can't hire good staff..and consequently can't produce your product anymore. Employees (any smart ones) will typically understand their value on the market. A company needs to have a pretty good value proposition to expect to be able to hire good staff for less than those staff know they can get somewhere else. Otherwise, the company just ends up with the rejects that nobody else wants.</p><p></p><p>This particular company was just one example, but from everything I've read, it's by no mean an isolated instance.</p><p></p><p>And solutions like this tend to generate more loyalty from staff in the long run.</p><p></p><p>Banshee</p></blockquote><p></p>
[QUOTE="Banshee16, post: 5363997, member: 7883"] I have friends working in the IT industry (programmers) who were directly faced with this choice. The company said that they could either get staff to agree to work 1 day a week for free until things turned around during the recession (and I think it became 1 day for free one week, 2 days for free the second week), with the alternatives being layoffs. The employees voted and agreed to it, rather than start losing jobs. Yeah, it sucked, but it was better than looking for work in a situation where so many companies were streamlining their staffing levels. Anyways, it's been a year, and the company has restored pay to two of the days, so now it's just 1 day for free every two weeks. I can't see a company using this tactic to get staff to work for pennies on the dollar. I mean really, that's just silly. Particularly in skilled professions, that's a one-way ticket to finding that you can't hire good staff..and consequently can't produce your product anymore. Employees (any smart ones) will typically understand their value on the market. A company needs to have a pretty good value proposition to expect to be able to hire good staff for less than those staff know they can get somewhere else. Otherwise, the company just ends up with the rejects that nobody else wants. This particular company was just one example, but from everything I've read, it's by no mean an isolated instance. And solutions like this tend to generate more loyalty from staff in the long run. Banshee [/QUOTE]
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It's Almost the Season for WOTC layoff!
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