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Started By
Message
re: Reducing Payroll
Posted on 12/5/16 at 6:14 am to DownshiftAndFloorIt
Posted on 12/5/16 at 6:14 am to DownshiftAndFloorIt
quote:
What percentage of your workforce is 2 employees?
20%. I've had to do this, every year, the last 8 years. I've always went with reducing all employee hours..I roll with the motto, 'Hey, we're a team...when times are good we all profit, when times are tough we all suffer.'
Notwithstanding is that most of my employees have been with the company 15+ years and receive above industry standards PTO.
5
Posted on 12/5/16 at 6:18 am to ThatMakesSense
quote:
receive above industry standards PTO.
Think I found a way to reduce some of that payroll you were asking about.
Posted on 12/5/16 at 6:22 am to ThatMakesSense
quote:so then you are taking a cut as well
.I roll with the motto, 'Hey, we're a team...when times are good we all profit, when times are tough we all suffer.'
Admirable
Posted on 12/5/16 at 6:25 am to ThatMakesSense
quote:
I've had to do this, every year, the last 8 years
If this has had to happen every year for 8 years then there is a problem. The company knows it's coming but does nothing to avoid it.
quote:
when times are good we all profit, when times are tough we all suffer.
Maybe you need to learn to even things out. During our slow times we've never had to reduce pay or cut people.
Posted on 12/5/16 at 6:40 am to ThatMakesSense
Considering you've done this 5 years in a row, I'd say there needs to be a change. Seems like a reoccurring problem that funds from busier times of the year aren't budgeted appropriately to last the whole year effectively. I would fight not to make any changes until they make a permanent solution to the problem, then do a time reduction. It sounds like your business sustains the 2 employees 10/12 months of the year, I don't see why the budget couldn't be spread more effectively to accommodate them all the year
Posted on 12/5/16 at 9:26 am to ThatMakesSense
quote:
20%. I've had to do this, every year, the last 8 years. I've always went with reducing all employee hours..I roll with the motto, 'Hey, we're a team...when times are good we all profit, when times are tough we all suffer.'
Notwithstanding is that most of my employees have been with the company 15+ years and receive above industry standards PTO.
This time of the year is always tough at LAS.
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