May 03 2009
Cutting costs at work.
Some of you may have felt the impact of this ailing economy at your workplaces. I know because we had to take a paycut early this year and they predict that there wouldn’t be any merit increases as well. They’ve cut all our travel and even cut out our 401K contributions.
Times are tough. I remember two years ago when our company was having the best year ever. We would have company-sponsored outings, travel was unlimited and life was good. Before they even encouraged on-site training for every employee (all expenses paid) to keep up with technology and the industry. This time around, they prefer employees to take web based training in place of an on-site training. One great benefit? Cost. Web-based training is much more affordable than on-site training. I am actually taking one right now and I can take it at my own phase as long as I complete all the modules.
I really hope that the economy gets better soon. But until then, I think they will be finding ways of cutting costs even more. (Just leave the coffee – - that’s all I ask)
