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Conference 7.286::digital

Title:The Digital way of working
Moderator:QUARK::LIONELON
Created:Fri Feb 14 1986
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:5321
Total number of notes:139771

1494.0. "Pay Cut?? That could work." by COOKIE::LENNARD (Rush Limbaugh, I Luv Ya Guy) Tue Jun 11 1991 14:52

    See in the WSJ that Apple is considering a 10% pay cut for executives.
    
    Also saw an article last week on how HP dealt with a major slump a few
    years back.  Had everyone (including biggies) take every other Friday
    off, which effectively resulted in a 10% pay cut.  
    
    I wonder if our "management" would consider taking a cut?  Comments?
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1494.1enquiring minds....CSC32::K_BOUCHARDKen Bouchard CXO3-2Tue Jun 11 1991 15:565
    I have to assume those "biggies" mentioned in -1 were salaried. So how
    does requiring a salaried employee to take a day off effectively cut
    his/her pay?
    
    Ken
1494.2seems obvious to me.....SOLVIT::DCOXTue Jun 11 1991 16:032
    If he's not in, he's not telling a not-so-biggie to do dumb and
    wasteful things instead of productive work.
1494.3and I hate unionsCSC32::K_BOUCHARDKen Bouchard CXO3-2Tue Jun 11 1991 16:206
    Oh I see,the hourly people get only four days pay but the salaried
    folks get paid their normal salary. Sounds like the basis for a hell of
    a lawsuit. Are you saying that the hourly types let that go by? Must
    not be unionized!
    
    Ken
1494.4my (limited) perspectiveHOTWTR::GROSS_HEthis is not your father's DigitalTue Jun 11 1991 16:348
    
    Perhaps the total strategy of "downsizing" is yet to unfold,
    but the cuts are happening to secretaries, facilities people
    and software specialists.  Thus, I don't see that management
    considers management to be a part of the problem, so why cut
    their salaries?
    
    
1494.5BUNYIP::QUODLINGCooooiiiieee, cobber...Tue Jun 11 1991 16:5519
Browsing through a magazine the other night, I saw Specs on DEC that said KO
earns approx $950K, Jack Smith and Win Hindle about $600K each.  Lets take the
other 100 plus VP's and assume that they make about 300K, Take 10% off that
and there is 3 Million saved.

Now, I support the concept of appropriate executive renumeration more than
most. (my father retired from being CEO of a large corporation, and earned
every cent of the substantial salary that he took home.)

But, there is an obvious opportunity here, for senior management to put their
money where their mouth is (not in their hip pocket). We (the DEC masses) have
accepted Mediocre renumeration even in times of economic success. I don't
think that it is appropriate for us to continue to bear the brunt.

Of course, if we saw some definitive aggressive revenue-making (not cost
cutting) action from the Top, I wouldn't mind so much...

q

1494.6There goes junior's tuitionCOOKIE::LENNARDRush Limbaugh, I Luv Ya GuyTue Jun 11 1991 17:2311
    re .1 ... maybe this'll help clarify the HP thing.  They cut everyone's
    pay by 10%, and then reduced the work-week proportionately.  And I
    mean everyone, even old man Hewlett...in fact it was his idea.  This
    was the period when the 3000 series was designed.
    
    .4 .... You think there's a downsizing "strategy"???  You jest, sir.
    
    Anyhow, how could our biggies live with a 10% cut???  Their stock
    options have changed to poo-poo ca-ca, and with a further 10% cut,
    some of them would be reduced to living on 5-6000 thou a week.  Have
    a heart already!!
1494.7BOOVX2::MANDILEI could never kill a skeet!Fri Jun 14 1991 16:536
    ........Can't say I wouldn't like a 4 day work
    week, even with my paycheck scaled to match.  
    The $$ I would save on gas & car maintenance alone
    would probably make me come out ahead.....
    
    HRH
1494.8LABRYS::CONNELLYTelevision must be destroyed!Sat Jun 15 1991 01:3222
re: .7

>    ........Can't say I wouldn't like a 4 day work
>    week, even with my paycheck scaled to match.  

I've often wondered why, instead of increasing the minimum wage, the US
government doesn't start reducing the number of hours in the work week.
Supposedly more "leisure time" causes people to spend more money, which
is good for the consumer spending and tax picture.  Plus it might make
more people be employable in part-time situations that wouldn't otherwise
be available (either through "job-sharing" or some other similar type of
program).  It's clear in the computer services business (not to mention
numerous retail operations) that the total work week may be more than 5
days of 8 hours a day, but it's hard to stagger coverage of the > 40 hour
portion when so many people are geared to 40 hour a week jobs.  It sounds
as though countries in Europe weasel around this problem by providing
many more paid vacation and holiday days.  Why not just bite the bullet
and reduce the work week to, say, 36 hours in the US?

(I realize this is a borderline SOAPBOX topic, so, again, moderators
feel free to delete without prior warning or notification.)
								paul
1494.9Please ElaborateMYGUY::LANDINGHAMDigital Services for ChannelsSat Jun 15 1991 10:358
    A few back:
    
    "The cuts are happening to secretaries, facilities people... " etc.,
    Can you substantiate that?  I'm most interested in the fact that you
    said "secretaries."  Are you aware of one instance?  Several?  And
    where (geography)?  
    
    Thank you for your reply.
1494.10COVERT::COVERTJohn R. CovertSat Jun 15 1991 11:036
re .8

Because reducing the hours in the work week without increasing the minimum
wage to make up for it would be seen as benefitting the rich (everyone with
a salaried job is rich) and soaking the poor (hourly workers would receive
less pay).
1494.11LABRYS::CONNELLYTelevision must be destroyed!Sat Jun 15 1991 14:346
re: .10

Yeah, obviously salaries would have to be adjusted down, not for the
sake of proletarian fellowship but for corporate economic reasons! ;-)

								paul
1494.12RICKS::SHERMANECADSR::SHERMAN 225-5487, 223-3326Sun Jun 16 1991 00:165
    I could see getting a pay cut and being told not to show up for work
    every Friday.  I'd still show up to work.  In fact, I'd still put in
    excess of 40 hours per week.  That's just the nature of my job.
    
    Steve
1494.13BOSOX::GOLDMANTue Jun 18 1991 12:023
    Maybee I'm losing something in the translation, but 1 day/week is NOT
    10% its 20% pay cut. I think that the idea is ok but the amount of time 
    (Like 1 day every otherc week) should be looked at.
1494.14JUPITR::BUSWELLWe're all temporaryTue Jun 18 1991 13:547
    Maybe instead of working for zip we could work for pay.
    
    Maybe instead of giving hardware away we could sell it.
    
    Maybe instead of paying people to fo we could pay them to stay.
    
    buzz
1494.15California does it both waysSAUTER::SAUTERJohn SauterTue Jun 18 1991 14:395
    I have a relative who works for the State of California.  My third-hand
    information is that, starting July 1, he will not only get a reduction
    in his hourly rate, but also a reduction in his hours.  He won't be
    working for something like two days a month.
        John Sauter
1494.16SAHQ::LUBERI'm schizophrenic and I am tooWed Jun 19 1991 11:394
    re .7
    
    Extending your logic, you'd be better off not working at all.  Think of
    all the gas and maintenance you could save then.
1494.17a certain logic to itXANADU::FLEISCHERwithout vision the people perish (381-0899 ZKO3-2/T63)Wed Jun 19 1991 13:1711
re Note 1494.16 by SAHQ::LUBER:

>     Extending your logic, you'd be better off not working at all.  Think of
>     all the gas and maintenance you could save then.

        Thoreau made that argument, I believe in
        "Walden," that a person who didn't have a job had far fewer
        expenses, such as for good clothes and extra food for
        strength to carry out the labors.

        Bob
1494.18SAHQ::LUBERI'm schizophrenic and I am tooThu Jun 20 1991 11:502
    Was Thoreau a DECCIE?  He came from that neck of the woods, didn't he? 
    Pond-er that for a while.
1494.19Yes, it is happening.POBOX::MULLIGANRFri Jun 21 1991 10:4315
    re: .9
    
    In Central Region, there have been specific instances of cuts of both
    secretaries and facilities people.  I personally attended a going-away
    party for a secretary.  
    
    I doubt CER is unique in this regard.
    
    FYI