Friday, December 12, 2008

We would rather have nothing, thank you.

So the bailout for the big 3 flopped on the Hill. They were asked to cut salaries...they said no and so did the Hill. In this economy, I am glad people feel comfortable saying they want it all and won't settle for anything less. If my employer gave me the choice of keeping my job, a roof over my head (even if it wasn't the most expensive roof), health insurance and a pension - but said I had to work for 3/4 of the pay, I would say THANKS and go back to work. I know what people think they are worth and that they should be compensated for their efforts, but if it comes down to 3/4 or nothing, wouldn't you take 3/4 and hope that down the road the other 1/4 would come back? We are back to the 70's in relation to unemployment, the market is in the crapper and recession is a best case scenario right now because Depression is the only other choice.

For the first time in 5 years neither my husband nor myself is getting a Christmas bonus. We aren't pissed off about it because a bonus should never be expected...We are both glad that we still have jobs and so far they haven't asked for 1/4 back. I consider my health insurance and all the other benefits I get a huge bonus. As a matter of fact, I am looking at a substantial pay cut by choice to not have to carry the beeper anymore after the first of the year. It all depends on what the economy continues to do and whether or not Don's company decides he is expendable.

Have a great day!

1 comment:

BSM said...

dude, my mom took at 25% paycut but has a job.

i totally agree--pay cut is way better than collecting unemployment and looking for a job in this shitty market!