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To: rintintin; All

Reducing overhead. Fire the $150k senior folks and replace for 1/2 the cost.


5 posted on 08/30/2019 12:39:51 PM PDT by Cobra64 (Common sense isn’t common anymore.)
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To: Cobra64

A younger workforce means they pay less for their health insurance.

This is one of the reasons why it would be good to decouple health insurance from employment.


8 posted on 08/30/2019 12:41:11 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: Cobra64

Exactly, save millions on payroll for new corporate slaves who have no idea how to deal with management.


9 posted on 08/30/2019 12:42:33 PM PDT by Bayard
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To: Cobra64

With people who don’t know crap about the job and them they lose business because of lack of performance.


11 posted on 08/30/2019 12:42:45 PM PDT by DarthVader (Not by speeches & majority decisions will the great issues of the day be decided but by Blood & Iron)
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To: Cobra64
Reducing overhead. Fire the $150k senior folks and replace for 1/2 the cost.

The NYC Bored of Ed did the same thing to older teachers. They deliberately gave senior teachers low ratings who had always had excellent ratings. They actively recruited the students to write false statements against their [targeted] teachers so that the teachers could be brought up on bogus charges and terminated. Etc. And their new little baby teachers now have no one with more than a few years of experience to look to for answers if they are having a hard time with troublesome kids or lesson plans. Plus, 40% of the newbies leave after 3-5 years, taking what experience they gained to suburban venues, so the students mostly have right-out-of-college baby teachers. Great policy...

25 posted on 08/30/2019 12:52:30 PM PDT by EinNYC
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To: Cobra64
Fire the $150k senior folks and replace for 1/2 the cost.

Started happening here in DC while I was a DoD contractor.

The Bush 2 administration changed the rules on contract personnel. High tech contracts stipulated the education and experience of most of the people that were to be used on the contract. These were high-end types with pay scales around $100K. The rules were changed so that the companies could hire a Project Manager fitting all the requirements for his/her job then they could hire young people who didn't have a clue to file the other technical jobs, using the Project managers resume to cover the lack of skills/knowledge for the other senior positions. The corporations were still paid for the higher salaries while paying most of the project employees entry-level wages.

I watched as deliverables declined and the quality disappeared. Those big companies would then ask for, and be granted, extensions to complete the work.

I sold my company and left the contracting world at that point. Bush 2 allowed all his corporate buddies to totally dominate the contracting world and not deliver what the DoD needed while raking in more cash.

It was disgusting.

44 posted on 08/30/2019 1:25:37 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: Cobra64

And get half the results.


46 posted on 08/30/2019 1:43:55 PM PDT by ealgeone
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To: Cobra64

IBM following the NFL model.


48 posted on 08/30/2019 1:49:36 PM PDT by Midnitethecat (St)
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To: Cobra64

“Reducing overhead. Fire the $150k senior folks and replace for 1/2 the cost.”

...And then prattle on about how modern workers are no longer loyal to their employer.


49 posted on 08/30/2019 1:51:48 PM PDT by DesertRhino (Dog is man's best friend, and moslems hate dogs. Add that up. ....)
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To: Cobra64

...and get 1/10 the work.


64 posted on 08/30/2019 2:48:35 PM PDT by GingisK
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To: Cobra64

And don’t forget the AWESOME work ethics of the millennial snowflakes. If nothing else, it would be like working at Comedy Central to be employed there and observe the children.


66 posted on 08/30/2019 3:07:56 PM PDT by MayflowerMadam ("The best way to get a bad law repealed is to enforce it strictly." A. Lincoln)
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To: Cobra64

Hey the giants have been doing this for years ATT started in the 90’s - did away with pensions - started with pittance 401k handouts! Offering few $100k+ for 30 yrs service please!


68 posted on 08/30/2019 3:15:28 PM PDT by ldish (Have had enough...you??????)
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To: Cobra64
We tried hiring like that for my current project. Most of those hired have been let go. Poor work ethic and product. My 63 year old hide still puts in 55 to 70 hours a week for a 40 hour paycheck and my productivity is 10x over the cheap hires.

I'm not real surprised to hear this news about IBM. It's not a place I would want to work.

109 posted on 08/30/2019 6:36:21 PM PDT by Myrddin
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