Wednesday, May 05, 2010

Employers squeeze more hours out of current people, especially the salaried, rather than hire

Companies may not be adding workers when they can increase productivity per worker as the economy slowly improves or W-bounces, according to a story in the Washington Post May 4 by Theresa Vargas, link here.

The title of the story is “Alexandria company highlights human cost of increased worker productivity.”

The story concerned a printing company in Alexandria VA but it could have been any number of small businesses.

But in information technology salaried workers began to feel this kind of pressure in the late 1980s, when leveraged buyouts and hostile takeovers put a lot of pressure on corporate management, which could squeeze more onto the bottom line from salaried employees, by requiring free on-call production support without even paying extra expenses some time.

Gradually the practice could collide with “family values”; single people or those without dependents could “volunteer” to work longer, sometimes to keep their jobs, a practice informally called “lowballing”. Or, turn this upside down, they could be expected to work longer for the same money (getting singles, or sometimes LGBT people “at a discount”).

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