Quote:
Originally Posted by Guest
I have several friends who are small business owners. They have told me that their employees have a half life of six months on minimum wage. However, as a result of these short term employees, these owners do quite well. Therefore, it appears that as an employee, one should work for a large corporation who tends to have better pay and benefits than a small business where the churn of employees benefits the owner to the detriment of his employees. I wonder how a large bureaucratic employer can manage these increased margins to the benefit of the employees?
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You may have an over estimated view of how much larger employers spend on benefits. They have been severly scaled back over the years. General Electric and General Motors were a couple of the top benefit providers.
No I don't have a link. No I don't have any numbers that support the comment.
Only having lived through first hand experience.
Just google it if you have an urgent need.
Or ask someone who worked for these companies in the 60's through the 80's.