Quote:
Originally Posted by Number 6
I jsut don't get why the "fairness" of this concept is hard to understand. Let's say a company invests a lot of money into training and relocating an employee who decides to quit one day to work for a competitor (or just stop working, for that matter). Would you like to legislate against this side of "emloyment at will"?
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Many people have no clue about what it actually costs an employer to operate a business, hire and pay people and actually have some income left to take home for their own family. It's much easier to just demonize the employer as "greedy" and "filthy rich". I know various people who could not care less about this....they feel they are entitled to whatever the small business owner has. They refuse to look at the years of indebtedness, sleepless nights, working 16-hour days/nights, taking huge risks, and investing
everything they had to form it:
"NEW YORK (CNNMoney.com) -- You probably cost your boss a lot more than you think you do.
For Jim Garland, who owns a corporate aircraft cleaning and support services company, a $14 per hour worker has a true cost of $19.63 per hour, or about 40% more than base pay. This so-called "loaded rate" includes fixed expenses -- federal and state taxes, health insurance, workman's compensation, uniforms, and paid time off -- along with soft costs like the time spent training a new hire.......
"Our entire existence revolves around two numbers: revenue and payroll," Garland said of Sharp Details, in Dulles, Va., which he launched out of his car trunk in 1991. Payroll for 60 workers accounts for around 70% of his firm's operating costs......."
Why a $14/hour employee costs $20 - Mar. 26, 2010