Life NFT: The economy, the recession and your job. - Page 4

BigVE · 01-23-2009, 01:39 PM

How goes it? I work for a company that builds mono-clave sterilizers. We sell to all types of medical facilities that include laboratories, hospitals, clinics and MANY universities. The writing is on the wall with my employer...sales are way down with nothing big on the horizon. A few layoffs have already happened and then today we just got a memo about all wages/salaries for 2009 being froze at the 2008 rate and that the company would suspend their matching 401k contributions. After the 1st qtr it looks very lean. Who knows what the future holds but for right now we are holding our breath and hoping our sales team can pull through. Very few jobs are recession proof....how is yours?

**Nzoner** · 01-23-2009, 03:30 PM

I'm in advertising sales for my own direct mail company and thanfully we're still holding our own.We're definitely down some from last year but it's looking better as I just closed the Papa Murphy's account for a full page the next 10 months and I've had some new calls coming in from smaller local businesses who are not going down without a fight.

I'm thinking if the economy continues to sag our business might be okay because more and more businesses will be looking for reasonable and effective advertising.

BigVE · 01-23-2009, 03:41 PM

Quote:

Originally Posted by Sure-Oz

Well, he doesn't act like a total douche bag and actually is a solid poster here. Doesn't insult others etc atleast, ive got no issues with him.

This + your other post = man-crush?

**Rain Man** · 01-23-2009, 04:20 PM

Quote:

Originally Posted by Katipan

We build banks... and other stuff... but the banks are my favorites. Company was growing way too fast 2 years ago. Last year certainly wasn't as good. But we have a big enough pipeline waiting for spring and summer, so apparently companies are bright eyed and bushytailed for the future.

Everyone here (except me) has been here 5+ years. They either inspire the most loyalty ever or they have no idea how to fire someone.

Or they have a policy of firing everyone after their third year, and the policy started 2 years ago.

Sure-Oz · 01-23-2009, 04:24 PM

Quote:

Originally Posted by BigVE

This + your other post = man-crush?

I have a man crush on larry fitzgerald, he won me $175 in my fantasy league.

**Rain Man** · 01-23-2009, 04:27 PM

Quote:

Originally Posted by jspchief

The place I work has the highest production and margin in the entire division. A lot of other places will go down before it gets to me.

Did you get out of the roofing business?

A few months ago, the largest advertising firm in Denver shut down with no notice. Yesterday, another iconic advertising firm in town shut down with no notice. Both laid off all their employees. Kind of scary, but at the same time it'll give other good firms the chance to rise when the economy bounces back. (My firm doesn't do advertising, but about 30 percent of our work is supporting advertising firms through research.)

**Rain Man** · 01-23-2009, 04:30 PM

Quote:

Originally Posted by DJ's left nut

Law and my wife's a pediatric nurse.

Recession proof? Nah, not quite; but we're about as close as they get.

If things start getting dicey, you can go to parks and start hitting children with baseball bats.

**DaKCMan AP** · 01-23-2009, 08:59 PM

Quote:

Originally Posted by rad

Not my prerogative, I know.

You know not what you speak.

Quote:

Originally Posted by rad

He's a step below or above Midnight, depending on how you look at it.

Al Bundy · 01-23-2009, 09:07 PM

Mine seems to be doing ok. They have cut hours for everyone, will be going down to 35 hours a week for most everyone. I am fairly certain that the company will stay afloat and thrive in the longterm.

**Bugeater** · 01-23-2009, 09:22 PM

I just got the best job I've ever had in my life a few months ago, I'll be pissed if the economy ****s it up for me.

Abba-Dabba · 01-23-2009, 09:28 PM

Pro Segway Racer. It's just like life. Sometimes you win some, sometimes you lose some.

Portlantis · 01-23-2009, 09:37 PM

I throw freight for one of the hardware superstores. No layoffs yet, but all part-timers have been cut to 10 hours and once the company start hiring again in the spring, they'll only be hiring temporary workers.

**cdcox** · 01-23-2009, 09:40 PM

Quote:

Originally Posted by oldandslow

Wages frozen for forseeable future, but job is secure. I am the oldest tenured member of the department - they'll have to carry me out on a stretcher.

Similar situation here. I'm 2nd in seniority among full professors, 2nd in command administratively, and 4th is overall seniority. As long as they don't eliminate the program, I'm safe.

But this week the first possibility of a 5% salary cut was mentioned. I've been thinking for several weeks that I wouldn't be surprised about that. That would be disappointing, but not really that bad in comparison to people losing their jobs.

My greatest fear is that I don't think anyone knows where the bottom is. We aren't there yet.

Fat Elvis · 01-23-2009, 09:46 PM

Quote:

Originally Posted by Saggysack

Pro Segway Racer. It's just like life. Sometimes you win some, sometimes you lose
some.

If you are caught on a Segway, "win" is never part of the equation....

blueballs · 01-23-2009, 09:46 PM

Need to intern at Halfcan's
soup kitchens will be hiring

SLAG · 01-23-2009, 09:52 PM

I am coming up on my one year anniversary next month, The VP and the Director of Network Ops. were discussing what it would take for me to move into the IT Infrastructure side of things. We are Hiring, just hired 2 people this week and I have sat in on 3 interviews my self.
Things are going well, we roll out our new product in the next few weeks and we have a bunch of interest in it already, we are growing fast and I am blessed and thankful to have gotten in early.

St. Joseph patron Saint of workers - Ora Pro Nobis

01-23-2009, 01:39 PM
BigVE Veteran Join Date: Apr 2001 Location: centralKs Casino cash: $10005250	NFT: The economy, the recession and your job. How goes it? I work for a company that builds mono-clave sterilizers. We sell to all types of medical facilities that include laboratories, hospitals, clinics and MANY universities. The writing is on the wall with my employer...sales are way down with nothing big on the horizon. A few layoffs have already happened and then today we just got a memo about all wages/salaries for 2009 being froze at the 2008 rate and that the company would suspend their matching 401k contributions. After the 1st qtr it looks very lean. Who knows what the future holds but for right now we are holding our breath and hoping our sales team can pull through. Very few jobs are recession proof....how is yours?
Posts: 4,829

01-23-2009, 03:30 PM	#46
Nzoner a haw haw haw Join Date: Jan 2004 Location: MIZZOU Casino cash: $26365802	I'm in advertising sales for my own direct mail company and thanfully we're still holding our own.We're definitely down some from last year but it's looking better as I just closed the Papa Murphy's account for a full page the next 10 months and I've had some new calls coming in from smaller local businesses who are not going down without a fight. I'm thinking if the economy continues to sag our business might be okay because more and more businesses will be looking for reasonable and effective advertising. __________________ *Therefore, if anyone is in Christ, he is a new creation; old things have passed away; behold, all things have become new.*
Posts: 27,111

01-23-2009, 09:07 PM	#53
Al Bundy Damnit Peg Join Date: Jul 2006 Location: Overland Park Casino cash: $3391831	Mine seems to be doing ok. They have cut hours for everyone, will be going down to 35 hours a week for most everyone. I am fairly certain that the company will stay afloat and thrive in the longterm.
Posts: 23,646

01-23-2009, 09:22 PM	#54
Bugeater The Maintenance Guy Join Date: Sep 2005 Location: Renovated Bugeater Estate Casino cash: $3992680	I just got the best job I've ever had in my life a few months ago, I'll be pissed if the economy ****s it up for me.
Posts: 70,546

01-23-2009, 09:28 PM	#55
Abba-Dabba MVP Join Date: May 2001 Casino cash: $3582970	Pro Segway Racer. It's just like life. Sometimes you win some, sometimes you lose some.
Posts: 18,278

01-23-2009, 09:37 PM	#56
Portlantis Starter Join Date: Feb 2008 Location: Portland, Oregon Casino cash: $10005109	I throw freight for one of the hardware superstores. No layoffs yet, but all part-timers have been cut to 10 hours and once the company start hiring again in the spring, they'll only be hiring temporary workers.
Posts: 414

01-23-2009, 09:46 PM	#59
blueballs Banned Join Date: Feb 2006 Casino cash: $10004900	Need to intern at Halfcan's soup kitchens will be hiring
Posts: 14,233

01-23-2009, 09:52 PM	#60
SLAG Superbowl MVP Join Date: Oct 2005 Location: OOOOOOOOOOOOOLATHE Casino cash: $9910252	I am coming up on my one year anniversary next month, The VP and the Director of Network Ops. were discussing what it would take for me to move into the IT Infrastructure side of things. We are Hiring, just hired 2 people this week and I have sat in on 3 interviews my self. Things are going well, we roll out our new product in the next few weeks and we have a bunch of interest in it already, we are growing fast and I am blessed and thankful to have gotten in early. St. Joseph patron Saint of workers - Ora Pro Nobis __________________ Ad astra per aspera
Posts: 11,177