Quote:
Originally Posted by wifi
Its sort of like when a large company, of say 10,000 workers needs to lay off 1,000, but instead takes some of the wages from the 9,000 and pays the 1,000 and keeps enough itself to make up its payroll reduction.
The company is happy, they have met their financial goals, everyone is employed.... is it fair? Depends on if you are one of the 1,000 or the 9,000.
There is a political science name for this, but I can't put my finger on it at the moment   |
This analogy is not as easy as one would think. Laying people off only to re-hire them is expensive.
As someone who works in the voltatile technology fields, sometimes carrying overheard in people count during the troughs pays you back during the peaks. It's a fine line to walk.
However, if you were to poll those 10,000 workers (non-union) I'll bet you'd find that a majority would take lower pay for a given period of time rather than having people walked out.