Showing posts with label employment. Show all posts
Showing posts with label employment. Show all posts

Thursday, December 13, 2012

They Oughta Have Heart


Absurd Supreme Court rulings notwithstanding, few would believe big corporations have all the attributes of people. For one thing, people have hearts. Big corporations don’t these days, if they ever did.  Pfizer, the biggest drug provider in the world proved it once again this holiday season.

Pfizer announced on Dec. 5 that it will cut its primary-care sales force. The corporation did not specify how many people will lose their jobs, or at which locations the cuts will be made. It would be hard to design an announcement to induce more stress in employees and have a more negative effect on productivity if one had those goals in mind. Thousands now are sitting and wondering, “Will it be me?”

The doomed workers won’t have to stew for long, however. The company said it will notify affected employees of their job termination on Dec. 20. What a Christmas present!

Apparently not employee lives
Couldn’t this affair have been handled in a more sensitive way? A simple delay of the whole thing until after the holidays would have been better. And a public announcement the same day the notices were delivered probably would have been less stressful for those involved. Perhaps the dolts who planned the timing could do something positive and hand themselves a termination notice.

But than, the whole affair smells like a year-end stock manipulation. The news was "leaked" to Dow Jones. Nevertheless, if a stock price uptick is the goal the result still shows a lack of sensitivity toward employees.

According to my local newspaper, Pfizer has reduced its workforce by about 50,000 people since 2005. Despite this indication of long-time poor management, the company continues to reward its top executives with huge multimillion-dollar compensation packages.

Maybe those managers could do the company a favor by taking early retirements. That would free lots of salary money that could be used to retain employees who make positive contributions to the corporation. That would show some real heart.

Thursday, July 14, 2011

Will Work for Taxes

We were among the fortunate. My wife and I both were born before 1946, so my pension continued to be exempt when Michigan Gov. Snyder and his critics “compromised” by phasing in new taxes on retirement income rather than taxing all seniors the full amount immediately.

Almost hidden in the hot debates were the other two legs of the proposal to raise taxes on seniors. One removed the homestead tax credit for residences with assessed values above $135,000. The other removed the $3,200 individual personal income tax exemption for all seniors.

Thank you, governor, for sparing the oldest Michiganders such as us from part of the tax increase. Unfortunately, the other two tax increases will cut our spendable income by about $1,000 a year. We have no prospects for recovering that amount in the future, other than returning to work. At age 75, I’m having a hard time finding employment.

Perhaps one of those businesses Gov. Snyder said will use my higher tax payment to create jobs will hire me? I’ll wait for the calls.

(This item was published June 26 in the Kalamazoo Gazette. The Geezer is still waiting for the first job offer.)