Home › Forums › Financial Markets/Economics › Some San Diege Layoffs coming at San Diego Data Processing…
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January 15, 2010 at 11:36 PM #503377January 15, 2010 at 11:57 PM #502502SD RealtorParticipant
Once again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.
January 15, 2010 at 11:57 PM #502651SD RealtorParticipantOnce again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.
January 15, 2010 at 11:57 PM #503053SD RealtorParticipantOnce again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.
January 15, 2010 at 11:57 PM #503145SD RealtorParticipantOnce again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.
January 15, 2010 at 11:57 PM #503397SD RealtorParticipantOnce again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.
January 16, 2010 at 12:02 AM #502507TexasLineParticipantThe issue for any city govt in financial distress is not Unions. It is not top-heavy administrative positions. It is not a lack of taxes/revenue. It is not a lack of “competition”.
IMHO it is a lack of quality managerial types and the lacking of managerial skills that should accompany any position of authority,…
…that are not capable of holding personnel accountable and by default not able to produce an ever increasing efficient workforce….like one should expect in the Private Sector….which MAY be indirectly relaeted to Union control….
….just a vicious circle. Better quality people require better pay. “Managed Competition” may have the opposite desired effect in the long run. Or maybe not.
January 16, 2010 at 12:02 AM #502656TexasLineParticipantThe issue for any city govt in financial distress is not Unions. It is not top-heavy administrative positions. It is not a lack of taxes/revenue. It is not a lack of “competition”.
IMHO it is a lack of quality managerial types and the lacking of managerial skills that should accompany any position of authority,…
…that are not capable of holding personnel accountable and by default not able to produce an ever increasing efficient workforce….like one should expect in the Private Sector….which MAY be indirectly relaeted to Union control….
….just a vicious circle. Better quality people require better pay. “Managed Competition” may have the opposite desired effect in the long run. Or maybe not.
January 16, 2010 at 12:02 AM #503058TexasLineParticipantThe issue for any city govt in financial distress is not Unions. It is not top-heavy administrative positions. It is not a lack of taxes/revenue. It is not a lack of “competition”.
IMHO it is a lack of quality managerial types and the lacking of managerial skills that should accompany any position of authority,…
…that are not capable of holding personnel accountable and by default not able to produce an ever increasing efficient workforce….like one should expect in the Private Sector….which MAY be indirectly relaeted to Union control….
….just a vicious circle. Better quality people require better pay. “Managed Competition” may have the opposite desired effect in the long run. Or maybe not.
January 16, 2010 at 12:02 AM #503150TexasLineParticipantThe issue for any city govt in financial distress is not Unions. It is not top-heavy administrative positions. It is not a lack of taxes/revenue. It is not a lack of “competition”.
IMHO it is a lack of quality managerial types and the lacking of managerial skills that should accompany any position of authority,…
…that are not capable of holding personnel accountable and by default not able to produce an ever increasing efficient workforce….like one should expect in the Private Sector….which MAY be indirectly relaeted to Union control….
….just a vicious circle. Better quality people require better pay. “Managed Competition” may have the opposite desired effect in the long run. Or maybe not.
January 16, 2010 at 12:02 AM #503402TexasLineParticipantThe issue for any city govt in financial distress is not Unions. It is not top-heavy administrative positions. It is not a lack of taxes/revenue. It is not a lack of “competition”.
IMHO it is a lack of quality managerial types and the lacking of managerial skills that should accompany any position of authority,…
…that are not capable of holding personnel accountable and by default not able to produce an ever increasing efficient workforce….like one should expect in the Private Sector….which MAY be indirectly relaeted to Union control….
….just a vicious circle. Better quality people require better pay. “Managed Competition” may have the opposite desired effect in the long run. Or maybe not.
January 16, 2010 at 12:31 AM #502517CA renterParticipant[quote=SD Realtor]Once again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.[/quote]
There are two sides to this, SDR. You are absolutely right when considering things from the employers’ perspective. I’m considering a somewhat larger perspective as it relates to workers and the quality of life of the average American.
If we consider how money moves through an economy, we have to choose whether or not we want wealth that is highly concentrated or more spread out.
If it’s highly concentrated, money moves in the form of debt, with interest being required to pay off that debt over time. This is the capitalist’s preference.
If the wealth is more spread out, money moves because people simply exchange money for goods and/or services with no debt offset. They can use their earnings and/or savings.
I personally believe a society is better served when debt is low, prices are low (an effect of lower leverage in the system), and there is a smaller wealth disparity. Mind you, this does not mean that doctors get paid what janitors get paid, and it does not mean that people aren’t paid more for better work. It simply means we need to concern ourselves (IMHO) with the allocation of money and power, so that one small group doesn’t control the wealth and well-being of a society.
January 16, 2010 at 12:31 AM #502666CA renterParticipant[quote=SD Realtor]Once again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.[/quote]
There are two sides to this, SDR. You are absolutely right when considering things from the employers’ perspective. I’m considering a somewhat larger perspective as it relates to workers and the quality of life of the average American.
If we consider how money moves through an economy, we have to choose whether or not we want wealth that is highly concentrated or more spread out.
If it’s highly concentrated, money moves in the form of debt, with interest being required to pay off that debt over time. This is the capitalist’s preference.
If the wealth is more spread out, money moves because people simply exchange money for goods and/or services with no debt offset. They can use their earnings and/or savings.
I personally believe a society is better served when debt is low, prices are low (an effect of lower leverage in the system), and there is a smaller wealth disparity. Mind you, this does not mean that doctors get paid what janitors get paid, and it does not mean that people aren’t paid more for better work. It simply means we need to concern ourselves (IMHO) with the allocation of money and power, so that one small group doesn’t control the wealth and well-being of a society.
January 16, 2010 at 12:31 AM #503068CA renterParticipant[quote=SD Realtor]Once again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.[/quote]
There are two sides to this, SDR. You are absolutely right when considering things from the employers’ perspective. I’m considering a somewhat larger perspective as it relates to workers and the quality of life of the average American.
If we consider how money moves through an economy, we have to choose whether or not we want wealth that is highly concentrated or more spread out.
If it’s highly concentrated, money moves in the form of debt, with interest being required to pay off that debt over time. This is the capitalist’s preference.
If the wealth is more spread out, money moves because people simply exchange money for goods and/or services with no debt offset. They can use their earnings and/or savings.
I personally believe a society is better served when debt is low, prices are low (an effect of lower leverage in the system), and there is a smaller wealth disparity. Mind you, this does not mean that doctors get paid what janitors get paid, and it does not mean that people aren’t paid more for better work. It simply means we need to concern ourselves (IMHO) with the allocation of money and power, so that one small group doesn’t control the wealth and well-being of a society.
January 16, 2010 at 12:31 AM #503160CA renterParticipant[quote=SD Realtor]Once again, I think you guys are very much underestimating the COST a company incurs having employees.
I guess I am bumping my head against a wall, I would suggest you do some research on this including the cost of the medical benefit, the employer tax incurred, and (in the case of a city or state entity) the pension.[/quote]
There are two sides to this, SDR. You are absolutely right when considering things from the employers’ perspective. I’m considering a somewhat larger perspective as it relates to workers and the quality of life of the average American.
If we consider how money moves through an economy, we have to choose whether or not we want wealth that is highly concentrated or more spread out.
If it’s highly concentrated, money moves in the form of debt, with interest being required to pay off that debt over time. This is the capitalist’s preference.
If the wealth is more spread out, money moves because people simply exchange money for goods and/or services with no debt offset. They can use their earnings and/or savings.
I personally believe a society is better served when debt is low, prices are low (an effect of lower leverage in the system), and there is a smaller wealth disparity. Mind you, this does not mean that doctors get paid what janitors get paid, and it does not mean that people aren’t paid more for better work. It simply means we need to concern ourselves (IMHO) with the allocation of money and power, so that one small group doesn’t control the wealth and well-being of a society.
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