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Rebuilding America: Would Kurzarbeit work here?

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HeadhunterBKS
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re: Rebuilding America: Would Kurzarbeit work here?
HeadhunterBKS   4/22/2012 3:36:26 PM
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Maybe we could start with the 30 million Gov employees. Either paycuts or pay for their own ins.

george.leopold
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re: Rebuilding America: Would Kurzarbeit work here?
george.leopold   3/15/2012 12:46:22 AM
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Reader Verne Olsen sent us this: George, I read with interest your article in EET about German kurzarbeit, and the question “Could it work here?”. My son has been working in the US for a company that has been implementing this for the past four years (that I’m aware of). He’s had a job all the way through this recession/depression; albeit, at 32 hour weeks the paycheck is harder to stretch to cover all his needs. He is making his house payment, putting food on the table, and contributing to the local economy. The company is Marvin Windows in Warroad, MN; I think at least part of the reason they can do this is because they are a private company, managed by local people with local concerns, and not responding to the whims of Wall Street. It’s not always been an easy road, but from my perspective it’s a positive way of responding to the downturn. http://www.marvin.com/benefits-features/about-marvin/ Verne Olson

krisi
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re: Rebuilding America: Would Kurzarbeit work here?
krisi   3/3/2012 3:04:22 PM
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How about reduce executive pay? The maximum to minimum compensation ratio has been the highest in the last 80 years...Kris

escher
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re: Rebuilding America: Would Kurzarbeit work here?
escher   3/3/2012 8:40:34 AM
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Decouple CEO and executive pay from short term stock price gains - incentivize them for retaining their workforce and not just for goosing earning numbers.

docdivakar
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re: Rebuilding America: Would Kurzarbeit work here?
docdivakar   2/25/2012 1:14:21 AM
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George: good point! NPR reported the other day that the hourly rates for UAW workers have dropped to $15 approx; perhaps this contributed to the profitability in Detroit recently? US continues to be the place where the executive salaries are grossly out of step with average worker salaries when compared to EU and rest of the world. MP Divakar

docdivakar
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re: Rebuilding America: Would Kurzarbeit work here?
docdivakar   2/25/2012 1:10:21 AM
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Dylan: I think transparency is the key to implement voluntary cut in hours & furloughs; otherwise, companies fast lose credibility and their work force! MP Divakar

docdivakar
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re: Rebuilding America: Would Kurzarbeit work here?
docdivakar   2/25/2012 1:04:01 AM
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George, that decline in US manufacturing is not based on a zero-sum scenario -some of the increases in developing economies have come from local need for the manufactured goods. MP Divakar

ghfarmer
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re: Rebuilding America: Would Kurzarbeit work here?
ghfarmer   2/23/2012 1:15:25 PM
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Been there, done that. I was Kurzarbeit-ed for 15 months when the auto industry crashed recently. It gave me stability and enough income that I wasn't forced to look for another job, kept me up to date on projects the company was working on--and also gave me (much-enjoyed) 4 day weekends every week. I appreciate that the company viewed me as a resource they didn't want to lose. Much, much better than being laid off.

seaEE
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re: Rebuilding America: Would Kurzarbeit work here?
seaEE   2/22/2012 4:41:10 AM
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I think "Kurzarbeit" would definitely make for a more humane work place, so it should be implemented for that reason.

DU00000001
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re: Rebuilding America: Would Kurzarbeit work here?
DU00000001   2/17/2012 10:35:39 PM
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Not exactly. On one hand, if your employer is interested in you, you may negotiate a contract down to let's say 10 h/week still getting the benefits. An the other hand there is marginal employment (very low salary), wage dumping etc. Germany is far from paradise anyway, but - as already mentioned - the educated workers are considered some type of asset.

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