Comments on: Fuzzy Math http://www.tarkblog.org/general/788 The personal writings of Caleb and Annie Tennis Thu, 20 Nov 2008 18:08:19 +0000 http://wordpress.org/?v=2.6.2 By: ss http://www.tarkblog.org/general/788#comment-1828 ss Mon, 19 Nov 2007 13:15:02 +0000 http://www.tarkblog.org/general/788#comment-1828 SIL2 is right. However, I have *some* experience with this, as SFIL works for GE in Btown and he gets "laid off" fairly regularly these days. Any time sales are down, they shut down the factory for a week. When you consider that everyone gets unemployment for every week they're laid off except the first week, and the company has to make up part of the wages that unemployment doesn't pay, then they probably are only saving roughly $20/hr/employee, if you figure a labor hour is around $100 with overhead and bene's. but like everyone else said, it's the bottom line that they're looking out for. and these employees aren't going to look for a new job if they're told the layoff is only a few weeks. most will wait that few weeks and if it doesn't look promising, then start looking, or at least start looking more agressively. SIL2 is right. However, I have *some* experience with this, as SFIL works for GE in Btown and he gets “laid off” fairly regularly these days. Any time sales are down, they shut down the factory for a week. When you consider that everyone gets unemployment for every week they’re laid off except the first week, and the company has to make up part of the wages that unemployment doesn’t pay, then they probably are only saving roughly $20/hr/employee, if you figure a labor hour is around $100 with overhead and bene’s. but like everyone else said, it’s the bottom line that they’re looking out for. and these employees aren’t going to look for a new job if they’re told the layoff is only a few weeks. most will wait that few weeks and if it doesn’t look promising, then start looking, or at least start looking more agressively.

]]> By: Mathieu Jobin http://www.tarkblog.org/general/788#comment-1822 Mathieu Jobin Fri, 16 Nov 2007 17:38:29 +0000 http://www.tarkblog.org/general/788#comment-1822 I wish 5 billions people could read this post. I wish 5 billions people could read this post.

]]> By: sister2 http://www.tarkblog.org/general/788#comment-1820 sister2 Fri, 16 Nov 2007 17:05:50 +0000 http://www.tarkblog.org/general/788#comment-1820 don't forget that you have to include insurance costs, unemployment insurance and other various HR costs that are included. And as far as not caring about employees, if it wasn't for cummins, they would never have jobs at all.......not to mention the money multiplier effect that goes into place..... don’t forget that you have to include insurance costs, unemployment insurance and other various HR costs that are included.

And as far as not caring about employees, if it wasn’t for cummins, they would never have jobs at all…….not to mention the money multiplier effect that goes into place…..

]]> By: TP http://www.tarkblog.org/general/788#comment-1818 TP Thu, 15 Nov 2007 17:06:34 +0000 http://www.tarkblog.org/general/788#comment-1818 obviuosly, caleb has worked at a small company too long. one more point: what if chrysler didn't decide to start placing more orders? one additional point: cummins does not care one lick about it's employees. it's ALL about the bottom line. obviuosly, caleb has worked at a small company too long.

one more point: what if chrysler didn’t decide to start placing more orders?

one additional point: cummins does not care one lick about it’s employees. it’s ALL about the bottom line.

]]>