Columbia Aircraf: 300 Worker Lay Off Due To Garmin G1000 Issues
On Fri, 24 Aug 2007 19:20:20 GMT, Matt Whiting
wrote in :
Well, if the payroll costs of 300 employees averaged $25/each,
Columbia will have saved $7,500 for a five-day layoff. I'm not sure
about the costs of laying them off and bringing them back to work, are
you?
Where do employees in the USA work for $25 for five days???
I thought that figure looked suspect. I was estimating that the
payroll cost may be about $25/hr. At that rate it would work out to
$300,000 using an eight hour work shift. Thanks for calling my error
to my attention.
I think Henry Ford paid $4/day nearly 100 years ago. :-)
Ford is an apt analogy; he wouldn't put doors on the rest rooms, so
that his employees didn't waste too much time in there, from what I've
read.
Most places in the USA have fully burdened labor costs of at least
$50/hours. For five days this is $2,000. For 300 employees, this is
$600,000 which isn't chump change.
Matt
Agreed. That's about the price of twenty SR22s. Customers get a five
day delivery delay, and Columbia gets half a ~$million. Smooth.
|