This Article is About
dollar bonus
good managers
company money
thriving business
couple times
extra time
paycheck
real people
10 million
Retire Happy | At One Time I Thought So
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I guess the first thing to go was the free coffee and those hats the company use to give out a couple times a year not to mention the shirts and the picnic, all gone just a memory.

It seemed to make sense at one time, how can you fault anyone for trying to save a couple of dollars. It started with the small things and grew from there.

If it was just a move to save a couple of dollars it would not be so bad, the next thing they took were actual jobs away. Well perhaps not the job but the person doing that job or task, the task still needed to be done.

Those duties just were loaded to another person’s workload, is the company in trouble are they losing money or something? No not at all, the CEO just received another 5-10 million-dollar bonus for saving the company money and making the shareholders happy.

Oh, that makes sense, no not really, were not in trouble but at every turn they tell us, they need to cut back on cost. They once told us that our wages were not a big expense, until they started taking our jobs.

Then they cut the raises, and any type of bonus program was of course taken away, made to inspire their work force to be diligent in their duties. Now how happy is the crew, the crew that makes their bread and butter for them, scrap bins were filling up.

People stopped caring who could blame them, all they were given was taken away, after all we went to work for a paycheck not to make shareholders a little richer. They did not seem to clue in that a happy worker is a productive worker, oh say it is not so, I wish I could.

The next thing was lost orders; they could not keep good managers as they worked them to death with little or at times no pay for the extra time put in. For a couple of years it was a revolving door of management one after another, they took from them until it hurt, then they up and quit.

Now a once thriving business that employed 250-300 real people collects dust and falls into disrepair year after year. I wonder if the CEO is still getting his million dollar bonuses, not really, who really cares when your life has just been turned upside down.

Now what seems to be the norm all over the place, they took all they could and the only thing left now is the pensions, my company is gone never to return.

My wife had her pension cut in half, well I wish it was only half more like nonexistent.

You work for a company for 20-30 years with the knowledge at the end of your working time you will be rewarded with a pension for your older age. Not to work all that time and see the CEO take bonuses every year and you lose yours, fair I think not.

I guess I could go on for another 1000 words or so mentioning all the companies that have taken the route of stripping pensions from their loyal work force. I am sure this is not just a Canadian phenomenon; it must be going all over the world.

One last thing I just have to mention this, just as my company took from us and posted the CEO’s rude bonuses, taken from our hard work. The government of Ontario is in a mess of a situation financially, so they decide to eliminate 20,000 jobs.

If that is not bad enough, a week or so later after the media release of this news, I read an article in the news paper that the people responsible for making the cuts are in for a bonus, now that is a kick in the n..s if I ever heard of one.

I was looking forward to a happy retirement, now not sure what I am going to do, oh yeah another cost saving measure is to raise the retirement age to 67.

Pension cuts, jobs taken away, companies closing, raises not given, yet our government seems to be unaffected from all this, they will retire happy, no cuts for them, just us. Will the CEO really care after he cashes his check, maybe they will, not likely they seem to have it in with the government I think, the same morals.


Street Talk

You have just described the results of corporate america, notice I did not capitalize that. This is what happens when we run a business to keep the share holders happy, and it does not work. The only solution I see is the worlds coming to it's knees and starting over. We have lost the ability to take care of our own and that does suck. One way to fight back is to visit only businesses that put the customer and workers first. good luck there. Every time you go to a store and there is not enough room to put your items on the counter due to all the crap they have there to up their bottom line, you are witnessing what I am talking about. keep the faith and support mom and pop stores, maybe we can make a difference for our kids.

Reply
  about 8 years ago

It would be a great thought to support the mom and pop shops but I think they are just about long gone around here, you would have a hard time finding one....keeping the faith and let your voice be heard as loud as you can in any way you can....thanks for your comment Shawn

Reply
  about 8 years ago

Like you said to Cynthia..I'm retired and definitely have concerns about future retirement income and SSI so looking for other means to supplement my income...I'm retired from GM 3 yrs. ago a little sooner than I really wanted but happy with the decision..especially now as they will be shutting down that plant in a few more months...Good article Tim.

Reply
  about 8 years ago

thanks Kevin it is a sad thing to watch people after so many years get it in the back side...and IM I think can keep us fishng until we become bait...lol...lol.thanks for your comments

Reply
  about 8 years ago

Sigh. Sad but true. Globally! But? Glad you're HERE at Street Articles practicing your writing and preparing to build your foundation for working online. You can invest a lot of time now in building and creating and then have wealth in that which you build that you can draw upon in a working retirement. Working because foundations need to be maintained online and continually built up. But drawing upon because the foundation is the hardest part and takes full attention for quite a while. Hope to see you here persisting!

Reply
  about 8 years ago

This is a big part of why I am here for sure, count on myself and make my own way instead of relying on particular businesses t keep me employed then crap on me as I leave....been done way to many times....I looked for work in the real world I did for years, nothing worth while or maybe was not ready to settle with just anything....a job...I wanted more and I always have...now I have the ability to pursue some working freedom and I really believe that IM is my best bet in this place in time...until they take this away or make it about them like the real world did...thanks for your comments Cynthia...

Reply
  about 8 years ago

Will watch for more from you! You're in the right place. Keep learning and expanding.

  
  about 8 years ago

Yes Tim this is happening all over the world.. you are not alone in this... what is the answer? who the hell knows, the governments don't seem to and the company bosses are stripping what they can before total collapse... where to next... join my club of the unknown...I have Face Booked this article as I think it makes interesting reading for us in our country, facing the same as you...

Reply
  about 8 years ago

Well Rob more we communicate the more I think we think alot a like in many ways, cheers I'm buying the first round. I was just talking to a buddy of mine about this very thing as we often do, and we both came to the conclusion that it is only going to get worse, total collaspe a matter of time. Your right who knows when it is coming, I fear sooner then we want it too. Just gald my years have gone to a good cause new yachts, trips, houses, government pesions, and the bonuses so glad I could...............bang.....................thanks for passing it on...about a million things bother me with this so called new age....

Reply
  about 8 years ago
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