Profits At Largest 500 Corporations Grew By 81 Percent In 2010

[DarrinS]

But they will sometimes eliminate positions and require people to work longer hours even if they are growing.

Sometimes.

[boutons_deux]

"I can guarantee you they won't give out raises or create new positions if they are NOT growing."

And you cannot gurantee that they will give out raises or create new position if they ARE growing. In fact, the entire VRWC strategy of busting unions is to suppress salaries and benefits, and make current employees work more for same or less. In this current labor-busted market, employees are intimidated into getting shafted into more work for same pay, or taking new jobs with much lower pay.

Productivity has been exploding, employees' boats have not, as the VRWC always intended, been floating up. Same strategy as trickle down. Cut taxes for the wealthy, and everybody benefits. bull

[DarrinS]

And you cannot gurantee that they will give out raises or create new position if they ARE growing.

That's right. If you want a guarantee, go work for the state and bill your fellow citizens for your guaranteed health care, pension, etc.

[Wild Cobra]

But they will sometimes eliminate positions and require people to work longer hours even if they are growing.

No . I'm working 50+ hr weeks.

It's OK to eliminate unfilled positions. That is meaningless. They can make a new position any time. It's not necessarily permanent. It just keeps HR from having extra checks o see if they should fill a position or not.

[Wild Cobra]

"I can guarantee you they won't give out raises or create new positions if they are NOT growing."

And you cannot gurantee that they will give out raises or create new position if they ARE growing. In fact, the entire VRWC strategy of busting unions is to suppress salaries and benefits, and make current employees work more for same or less. In this current labor-busted market, employees are intimidated into getting shafted into more work for same pay, or taking new jobs with much lower pay.

Productivity has been exploding, employees' boats have not, as the VRWC always intended, been floating up. Same strategy as trickle down. Cut taxes for the wealthy, and everybody benefits. bull

You clearly miss the point Mr. En led.

[Wild Cobra]

That's right. If you want a guarantee, go work for the state and bill your fellow citizens for your guaranteed health care, pension, etc.

Need money...

Get Tax Payers!

I looked for that funny spoof, but couldn't find it.

[Spurminator]

No . I'm working 50+ hr weeks.

It's OK to eliminate unfilled positions. That is meaningless. They can make a new position any time. It's not necessarily permanent. It just keeps HR from having extra checks o see if they should fill a position or not.

And as long as you'll work how ever many hours it takes for you to keep your job, they'll never fill it.

You do 50 hour weeks? We need you to work 60 now. Here's a 3% raise.

Hey, champ, you're doing swell, we're going to give you more responsibility and a promotion with a 5% raise. Also, we're eliminating your peer that also handled your role, you'll be doing their job too. 70 hour weeks.

It's a race to get workers working as many hours as possible, for as little salary as possible, with fewer competing companies for them to go to when they hate their jobs.

[Wild Cobra]

And as long as you'll work how ever many hours it takes for you to keep your job, they'll never fill it.

I have a choice. I am either on the overtime list or not. I choose to be on it.

You do 50 hour weeks? We need you to work 60 now. Here's a 3% raise.

No, they are careful not to over work us.

Hey, champ, you're doing swell, we're going to give you more responsibility and a promotion with a 5% raise. Also, we're eliminating your peer that also handled your role, you'll be doing their job too. 70 hour weeks.

What else do you fantasize about?

It's a race to get workers working as many hours as possible, for as little salary as possible, with fewer competing companies for them to go to when they hate their jobs.

I don't know where you are dreaming up such from, but most work places know better than stressing their employees that much.

[Mikesatx]

It is easy to manipulate numbers to get to whatever point you want. Up 81% in 2010 what were the numbers in 2008 and 2009? If your 100k portfolio was down 55% you would have 45k. If the following year your portfolio was up 81% you would have $81,450. If its your money are you up 81% or still down almost 20%?

The other point not mentioned is that jobs have started to come back in the private sector this year. Companies haven't known what the tax environment would be until the end of last year. They still don't know what the new health legislation will translate to.

Individuals are doing the same things companies are doing. Cutting back and deleveraging.

[Wild Cobra]

That's exactly right Mike. You have to remember the mentality of those like Capt Bringdown and Boutons. They are fanatical liberal. However, they forgot the first rule of the fanatic:

when you become obsessed with the enemy, you become the enemy.