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A kick in the nuts...over 150 (30% salary) people fired, 5% pay cut...ZERO pay raises
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ModerateRepZero
Golden Member
Underworked and overpaid eh? The World Economic Forum Disagrees (china's in 34th place)...
US #1 global competitiveness
US #1 in labor market efficiency
The OP works in the automotive industry, which as a whole isn't as competitive as it could be (witness the overproduction of SUVs and underproduction of hybrids/fuel-efficient models and their resistance to higher gas mileage standards even though elsewhere mpg on vehicles are rising), so it's a poor example to stereotype american economy as a whole.
After hearing about the recalls of products made in china (ie Mattel), the pollution, etc....as much as I like China, their economic situation is still laisse faire capitalism. As much as people dislike the FDA, the SEC and other govt. regulatory agencies, the US generally doesn't suffer from widespread product recalls like in China.
So in short....quit idolizing China, you embarass yourself with your amnesia regarding its pollution, and its growing/still immature capitalist economy with product recalls. The US isn't perfect but it still has a vibrant free market economy. And I'm still trying to figure out exactly how does a pay cut and lack of OT = complaining about no more "riches".
Lemme guess...you're the type of person who would cut costs rationalizing that it would translate into a better bottom line ie profit and forget that inconveniencing customers (ie longer wait times/frustration with clueless call workers working from a script) will mean less profits. Penny wise, pound foolish.
Some articles:
?backshoring? now occurring instead of outsourcing
http://blogs.techrepublic.com.com/career/?p=252
China's costs being passed on to US consumers
http://www.nytimes.com/2008/02...a%20outsourcing&st=cse
2004 article on why outsourcing isn't always beneficial
http://query.nytimes.com/gst/f...ec=&spon=&pagewanted=1
upside and downside of outsourcing
http://news.thomasnet.com/IMT/...5/the_real_upside.html
Quiksilver
Diamond Member
This explains most of it sadly...
I think you should just be happy you still have the job. My uncle is in a similar situation, except he's been unemployed for about 3 months because of it. He's an electrical engineer and was working for a company that makes parts for GM... he's been trying to land a similar job and hasn't had any luck.
Engineer
Elite Member
But you see, I turned down better "possibilities" lately only to have this happen. At the time, they were good possibilities but some of the downsides (travel, etc.) were outweighed by my current job. Now my current job is being outweighed by the possibilities. That's a big part of the current issue....
and I'm not in a region that has been destroyed by job loss, so I shouldn't be simply happy if I keep losing. The job pay has been going backward (especially with inflation) for multiple years but the "perks" were enough to stay happy. At some point though, the happy button is broke and it's time to find a new one.
sao123
Lifer
while i dont agree with the asshats plugging up this thread with crap...
I'd just like to weigh in... 2500 hours of overtime in one year??
WTF man...
There should be no overtime if its that much.
Hire another friggan worker.
thats 250, paid 10 hour days or basically an annual salary for another person.
No wonder our unemployment rate is skyrocketing!!!
I'd just like to weigh in... 2500 hours of overtime in one year??
WTF man...
There should be no overtime if its that much.
Hire another friggan worker.
thats 250, paid 10 hour days or basically an annual salary for another person.
No wonder our unemployment rate is skyrocketing!!!
PingSpike
Lifer
Yep...unfortunately, this. I remember reading a thing that talked about what employers thought employees didn't have that they wanted, and loyalty was listed. Employee loyalty is a two way street...in this economy, employees can't afford to have such outdated concepts as loyalty. I haven't seen many examples of employer loyalty in my short time in the work force, my current company excluded. And surprise, surprise, my company has a lot of loyal employees.
Old Hippie
Diamond Member
Bummer!
When I'm having a bad time, I just take a little look around and see many that have it so much worse.
I've read your posts long enough to know, you'll land on your feet.
Just skip the alcohol and pick up a doober. 😀
Good Luck! :thumbsup:
When I'm having a bad time, I just take a little look around and see many that have it so much worse.
I've read your posts long enough to know, you'll land on your feet.
Just skip the alcohol and pick up a doober. 😀
Good Luck! :thumbsup:
AccruedExpenditure
Diamond Member
Start shopping your resume around...
PricklyPete
Lifer
It never...I repeat...NEVER hurts to try.
My brother-in-law was interviewing for an executive level job a few years back. He wasn't happy with how the interview went and they were looking for someone with an MBA (even though he had more than enough experience and went to the Naval Academy). Anyway, after leaving the interview, my brother-in-law locked himself in front of the computer and wrote up an detailed business plan on he felt the company could be improved and sent it to the CEO. The CEO called him back the next day and stated this is exactly what he'd been asking his executive team to produce and had not had any luck in getting a decent result. He hired by brother-in-law over the phone and he has since performed brilliantly and will likely become the next COO when the current one retires.
It never hurts to try.
Engineer
Elite Member
Well, let's see:
My plant has 35 skilled trade people building machinery.
It has 3 "in house" Controls Engineers (two are actually techs) that design, program and debug the controls for every machine built by the 35 people. That's down from 4 "in house" as we lost one in February. There were also 3 other support controls engineers who traveled throughout the company and were always swamped trying to provide enough technical and project support to already understaffed (engineering wise) plants. That number is now down to 1. So from 7 to 1, zero overtime pay, 5% pay cut, zero pay raises and MORE work responsibility than the last 10 years.
We now have the following other staff members:
Plant manager
HR person
The project manager was removed today.
Two leaders retired (as it wasn't worth the stress)
In my opinion, your opinion on my situation sucks ass.
And for the record, we are an European Company.
PricklyPete
Lifer
Pretty cheap. I work for a German consulting company where I am actually working in Europe regulary, but still being paid in US dollars. I don't mind as it works out to a lot of US dollars to me...so in a way we both benefit. I make a good amount of money...they make more money off me than they would a local consultant.
I've been flying back and forth to the UK for the last 6 months and as an example, my company charged $40K for my services. Of course I don't see all of that...but it sure makes it easy for them to pay me a high enough salary that I'm very happy while they are still able to take a lot of that money home with them.
PricklyPete
Lifer
I tend to find more company loyalty in privately owned firms where the owners truly care for their employees...of course you can have the exact opposite situation where the owners only care about how much is in their pockets.
FlashG
Platinum Member
I work at a large telecom right now that?s in a continuous downward spiral. After I retire at the end of this year I plan on working at a much smaller place and have fun. I still feel a need to do something that makes me feel like a human being and not just a meat tool.
Get out now ENGINEER while you can and don?t turn your back. Hard working conscientious types like you will do just fine.
Get out now ENGINEER while you can and don?t turn your back. Hard working conscientious types like you will do just fine.
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