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Pay Cut ? - a good read


Vtim
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HP is not the only one that is cutting pay and headcount. It is happening everywhere.

 

Personally I don't see what's so clever about cutting pay and / or headcount. Any monkey can do it. Why do we need a highly paid CEO to think of such ideas?

 

It's stupid knee jerk reaction, using harsh economic enviornment as an excuse to cut pay. In the end where would the money saved be channelled into? It's anybody's guess.

 

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actually pay cut is better than getting the letter lor...

 

well, you are right also

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this was circulated very long ago.

 

nonetheless, good read and good reminder. [thumbsup]

 

 

yes, but the blog has got latest update views

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To think a headhunter called me about a position in HP.... anyway I was not too keen about joining them at the first place.

 

Anyway, I rather be doing my own business than to be an employee in the long run.

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1 sentence sums it up..

 

the rich jus get richer and the poor jus got poorer... [sweatdrop]

 

 

in this case, the rich got richer on the expense of the poor [sweatdrop]

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