The Ignorant Investor

Ignorance Can't Stand in the Way of My Opinion

Friday, March 24, 2006

 

Corporate America Will Rediscover the Point of Benefits . . . Someday

Every now and then something happens at a job, and you think to yourself, "Man, I'm getting tired of this bullshit. I need to find something else."

Then you think, "Yeah, but I've got time in here and it's not good to run around switching jobs."

Then you think, "It's not like I've got a pension, and it's not like the company is giving me much with a 401k. With almost no matching funds, it's really nothing more than a tax-free savings program that they run. And they keep increasing the money I need to pay to get health insurance."

Which leads to, "Basically, I could leave here tomorrow and not give up a thing. A job today is all about what the corporation gives you now. And if someone will give me more now, I may as well make the move when the chance comes. Screw these guys..."

The result: Higher turnover, which is almost always a bad thing.

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