Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: brownsfan
Well, I've created several companies and therefore had to recruit, hire, train and manage employees. Lots of them in various industries.

Best you stick to working alone; your "understanding" of the employer/employee relationship is zero. No doubt you're too busy caring deeply about men who play games with balls to have time to learn the necessary skills.

24 posted on 12/27/2005 9:56:02 AM PST by Hank Rearden (Never allow anyone who could only get a government job attempt to tell you how to run your life.)
[ Post Reply | Private Reply | To 19 | View Replies ]


To: Hank Rearden

From where I'm sitting, unles you get paid to create companies for other people, then your track record of "creating companies" refers to creating them for yourself.

Which doesn't exactly inspire confidence in me that you know what you're talking about. It probably means that every company you have created has failed. Note: I say this without any personal knowledge of what you have created or what you created them for.

The real issues surrounding United's (apparent-) demise (and every other large corporation in dire straits) has everything to do with the exponentially-increasing cost of providing benefits to large numbers of employees.

Salary, in a nutshell, is a very small part of the equation; it can cost an employer up to three times salary to provide basic benefits (health insurance, pension and retirement benefits, Social Security taxes, sick time, vacation time, etc). It gets even worse when a corporation does business with government (especially at the state level, where pre-determined pension responsibilities fall squarely upon the shoulders of the employer -- this is the cost of doing business with the government or a government agency).

Add to the mix the fact that many (if not most) of today's most costliest employees belong to the "Baby Boom" generation that will soon retire in unprecedented numbers. These are the most expensive employees, taken as a group.

Finally, the largest problem is the new school of management theory which is, sad to say, almost universally divorced from the concept of true economics. Business, these days, is conducted under the aegis of formulaic rote -- not economic reality. I don't know what they are teaching MBA's these days, but it is certainly NOT economics or management.


25 posted on 12/27/2005 10:04:05 AM PST by Wombat101 (Islam: Turning everything it touches to Shi'ite since 632 AD...)
[ Post Reply | Private Reply | To 24 | View Replies ]

To: Hank Rearden

"No doubt you're too busy caring ..."

Something you don't have to worry about obviously. At least not in this lifetime. Good luck.


30 posted on 12/27/2005 10:28:55 AM PST by brownsfan (It's not a war on terror... it's a war with islam.)
[ Post Reply | Private Reply | To 24 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson