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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1479 |
Essay's paper body
Now a lot of companies are trying to save their bottom lines by cutting and getting away from monetary rewards. This is on the other hand having a negative effect on the workforce. Workers are not in high sprits anymore, they are not coming to work very enthused. In some other cases companies are taking away some of the health benefits from what they would call overpaid white-collar workers...
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In one such case Chrysler has delayed merit pay raises, reduced health care benefits, limited overtime pay, and canceled new assembly plants that were scheduled to open in Ontario. Ford, GM and some other big name car companies are taking the same path. GM are cutting jobs and doing early buyouts for its tenured employees...
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