Using the economic recovery supposedly ultimately bloom, a large group is left out of the picture, and they are the fifty and older crowd. All of us, along with the baby boomers, are the individuals who made many of the giant organizations what they are today. We are people who, many years ago, organizations illegally let go just before many of us hit our required period worked to qualify for retirement benefits so they could make a few thousand more in profit.
We are middle management using college degrees who attempted to figure out how to implement your hair-brained ideas that could have never previously worked and didn’t. Some of us are general managers and supervisors without a college degree who learned practical skills and educated ourselves through new technologies to improve ourselves and the company.
We were people let go via our positions, not for the reason that economy was terrible along with our company’s business ending up being slow but just because the CEO saw an unhealthy economy as a way to get rid of effectively paid employees and get a significant bonus for saving in which money.
We are the people who are tired of being lied to by businesses and CEOs and want to be treated similarly to people and not like an item of office furniture. Don’t move fifty percent of the company’s manufacturing jobs to your third-world country, claiming you will need to be competitive in the market only to leave your price ranges well above the competition’s and monitor your profits sour. We live tired of companies whining about paying for retirement preparation but don’t want to shell out enough to cover ourselves.
If a US-structured company moves its overall business to a foreign state, the CEO and the board of directors need to leave. When the American workers were adequate to get the business going and flourish, they should still be adequate to keep it going. Any kind of business that is US-dependent or owned by a Citizen of ours should be required to have a minimum of half of what they do be done in america. Otherwise, what good is the company performing for the US economy besides paying the salaries of the TOP DOG and the board of company directors?
This would eliminate what occurred to all the great US plaything companies who all stated they needed to move to Tiongkok to compete; the problem there is undoubtedly who they are competing along with since they all moved their plants to China… however once again, their prices have not come down at all, only their profits have gone up.
Regarding our suggestions, we want to be treated exactly like a CEO or top management. If a CEO or top management has an idea that helps you to save the company a million dollars annually and receives a million buck bonus for the idea since it will save 9 million in the next ten years, then we ought to get the same bonus if our idea does the same. Corporate people aren’t the only people with good ideas; we need to be rewarded the same way they do.
I think Some CEOs and larger-up management live with this kind of highly exaggerated delusions involving grandeur about their worth and don’t do anything for the betterment of the company; however, they only do what they believe will put more money in their own pockets. Whether it is through cutting employees or relocating plants overseas. In my opinion, it should be illegal for any US organization to move more than 50% associated with its business regarding who is working for them overseas.
As much as starting up a new business, I believe it is excellent for people to begin their own business as long as it is here; it won’t do the ALL OF US economy any good to have an additional millionaire if all their labor is overseas. One new millionaire buying customer goods can never contribute as much to the economy as twenty people making $50 000 a year.
Also, in a business zest for greed and short-term profits, they disregard the long-term problems they produce for the country and for this particular age group which happens to be my age bracket. They won’t get rid of us or work for much less but continuously want their profits to increase; why don’t you work for less? The issues caused by letting us proceed and working with much less aren’t simple but very complex.
When we were first to let go, we were shocked as well as upset and worried about having to pay bills. We collect joblessness and go into our cost savings to pay our expenses. After looking for jobs for some time in our pay range and finding nothing, we begin looking lower and spending our savings to keep up. When we get an interview, we don’t get employed for many reasons, most of which is money. If we are likely to work for much less, we will not get hired because the organization is afraid to hire us all, thinking we will leave initially, and a higher paying job happens.
Other times it will be because we live overqualified, and the firm doesn’t want to risk us all leaving for what we are certified for. Yet others won’t be appointed because although they may have eighteen years of experience and can quickly do the job they are applying for, they don’t get hired because the firm can’t look past the simple fact they don’t have a college degree. We will get depressed, stop seeking work altogether, and maybe embark on welfare. How can anyone help the economy that way? The problem involving not getting hired isn’t just any term problem either.
For every single month, we don’t have a job, we are spending our old age savings, and for every job we have that isn’t close to our past salary, we can’t preserve as much for retirement and pay as much in income taxes. How does that affect the financial system? It doesn’t right now, but when we live ready to retire, it will since many of us sometimes become incapacitated after we retire and definitely will need to be kept in a caregiving home; we can’t. You should be left out on the street. Only retired with a million money today, and in 5 decades, I needed to be moved to your nursing home, with a regular monthly charge of at least 10 dollars, 000 making it $120, 000 a year that a million bucks won’t last long, and when it is gone the tax paying customer will be footing the bill.
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