Comments on: The Compassion in Furloughing Employees http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/?utm_source=rss&utm_medium=rss&utm_campaign=the-compassion-in-furloughing-employees The random thoughts of Matt Keegan, writing style. Wed, 08 Feb 2012 16:21:14 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Matthew C. Keegan http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/comment-page-1/#comment-5409 Matthew C. Keegan Wed, 25 Feb 2009 14:49:23 +0000 http://www.matthewkeegan.com/?p=1169#comment-5409 Rachel, you have a very smart mother. Certainly, a twenty percent salary reduction has got to hurt, but i think shared pain is much better than the personal devastation that some go through when they lose their jobs. At least with most companies, the furloughed time will eventually end making it all the more likely that regular hours will resume. This way, all of the workforce is kept together minus people who left the company via attrition. Rachel, you have a very smart mother. Certainly, a twenty percent salary reduction has got to hurt, but i think shared pain is much better than the personal devastation that some go through when they lose their jobs.

At least with most companies, the furloughed time will eventually end making it all the more likely that regular hours will resume. This way, all of the workforce is kept together minus people who left the company via attrition.

]]> By: Rachel S http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/comment-page-1/#comment-5408 Rachel S Wed, 25 Feb 2009 14:40:45 +0000 http://www.matthewkeegan.com/?p=1169#comment-5408 Very good post. My mother works for a company that's doing shortened work weeks and similar measures. She said to me, "If I have to work four days instead of five so someone else can keep their job, I'll do it. They need it just as much as I do." It's nice to see that corporations are starting to recognize that there are more compassionate means of saving money that just slashing the workforce. Very good post. My mother works for a company that’s doing shortened work weeks and similar measures. She said to me, “If I have to work four days instead of five so someone else can keep their job, I’ll do it. They need it just as much as I do.” It’s nice to see that corporations are starting to recognize that there are more compassionate means of saving money that just slashing the workforce.

]]> By: The Compassion in Furloughing Employees - Mixx http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/comment-page-1/#comment-5407 The Compassion in Furloughing Employees - Mixx Wed, 25 Feb 2009 10:47:56 +0000 http://www.matthewkeegan.com/?p=1169#comment-5407 <!--%kramer-ref-pre%-->[...] Compassion in Furloughing Employees view story 1 vote [...]<!--%kramer-ref-post%--> [...] Compassion in Furloughing Employees view story 1 vote [...]

]]> By: Your page is now on StumbleUpon! http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/comment-page-1/#comment-5406 Your page is now on StumbleUpon! Wed, 25 Feb 2009 10:42:53 +0000 http://www.matthewkeegan.com/?p=1169#comment-5406 <!--%kramer-ref-pre%-->[...] Your page is on StumbleUpon [...]<!--%kramer-ref-post%--> [...] Your page is on StumbleUpon [...]

]]> By: Matthew C. Keegan http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/comment-page-1/#comment-5405 Matthew C. Keegan Wed, 25 Feb 2009 10:24:20 +0000 http://www.matthewkeegan.com/?p=1169#comment-5405 Larry, I'm glad that executives are giving furloughing a try as it is an important way to retain key people while building for the future. We've had this rotating management mentality where new executives come in, make changes and then move on. This leaves regular workers who've been plugging away year in and year out vulnerable to the whims of the new manager who isn't there to create long term stability, rather short term profits to appease shareholders. Maybe Corporate America is finally beginning to understand the value of long term commitment. Larry, I’m glad that executives are giving furloughing a try as it is an important way to retain key people while building for the future. We’ve had this rotating management mentality where new executives come in, make changes and then move on. This leaves regular workers who’ve been plugging away year in and year out vulnerable to the whims of the new manager who isn’t there to create long term stability, rather short term profits to appease shareholders.

Maybe Corporate America is finally beginning to understand the value of long term commitment.

]]> By: LarryJackson http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/comment-page-1/#comment-5401 LarryJackson Wed, 25 Feb 2009 04:39:25 +0000 http://www.matthewkeegan.com/?p=1169#comment-5401 Good article, Matt. The small business I work for decided to go the route of reducing hours and work days for everyone, until business picked back up. No one lost their job and when business is better, the full work crew will be available to take advantage. It's a smart move and again, no one had to lose their job. <abbr><em>LarryJacksons last blog post..<a href="http://www.ldjackson.net/2009/02/23/freddie-mac-investigates-itself/" rel="nofollow">Freddie Mac investigates itself</a></em></abbr> Good article, Matt. The small business I work for decided to go the route of reducing hours and work days for everyone, until business picked back up. No one lost their job and when business is better, the full work crew will be available to take advantage. It’s a smart move and again, no one had to lose their job.

LarryJacksons last blog post..Freddie Mac investigates itself

]]> By: A1-Webmarks - User MattK http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/comment-page-1/#comment-5400 A1-Webmarks - User MattK Tue, 24 Feb 2009 19:57:38 +0000 http://www.matthewkeegan.com/?p=1169#comment-5400 <!--%kramer-ref-pre%-->[...] Caspian, the second movie in C.S. Lewis' The Chronicles of Narnia series is out.addinfo*** The Compassion in Furloughing Employees   Why fire workers when furloughing can preserve their jobs while building company [...]<!--%kramer-ref-post%--> [...] Caspian, the second movie in C.S. Lewis’ The Chronicles of Narnia series is out.addinfo*** The Compassion in Furloughing Employees   Why fire workers when furloughing can preserve their jobs while building company [...]

]]> By: The Compassion of Furloughing Employees : reddit.com http://www.matthewkeegan.com/2009/02/24/the-compassion-in-furloughing-employees/comment-page-1/#comment-5399 The Compassion of Furloughing Employees : reddit.com Tue, 24 Feb 2009 19:52:53 +0000 http://www.matthewkeegan.com/?p=1169#comment-5399 <!--%kramer-ref-pre%-->[...] popular online. reddit learns what you like as you vote on existing links or submit your own!•The Compassion of Furloughing Employees (matthewkeegan.com)submitted 19 seconds ago by Matt1958commentsharecancelsort [...]<!--%kramer-ref-post%--> [...] popular online. reddit learns what you like as you vote on existing links or submit your own!•The Compassion of Furloughing Employees (matthewkeegan.com)submitted 19 seconds ago by Matt1958commentsharecancelsort [...]

]]>