Friday, September 25, 2009
Economy down, productivity up
The "down" economy has been good for us pointy haired bosses. Employees are being let go, which has been great for cutting the dead wood in the company. As an added bonus, productivity from the remaining workforce has gone up even as their pay and benefits have gone down. It's a winning combination. Fewer people on the payroll, lower wages, and increased productivity. The "bad" economy has been pretty good if you ask me.