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is it corporates doings or store coach doings? alot of us live on a budget and this is really hurting us. 5 hours a week cut may not seem like alot but when you are on a budget and have to dip in to your bill money, there's something wrong with this picture...........

2007-08-12 02:58:23 · 3 answers · asked by sharon c 1 in Business & Finance Corporations

3 answers

Yea, it is sad. We see this happening more and more with many companies as they try to cut costs and raise profits for the CEO. Just be glad you not get laid off as we see with many companies. Another sad thing is gas prices. Dang, it almost to the point we come out better not working and selling our cars.
Heck, if you had some houses close and could mow 5 yards a week (One each day). You would probably make out with more money. Get rid of the car and insurance and you be rolling in "High Cotton"!

2007-08-12 03:09:41 · answer #1 · answered by Snaglefritz 7 · 0 0

I don't know about K-mart specifically but this is a common move in retail to slash expenses. Labor is one of the easiest budget items to cut.

At one job, I was an hourly supervisor who always worked 40 hours per week. Corporate sent down a directive to cut all payroll costs by at least 10% for a month because the quarterly sales numbers were bad across the company. I was immediately cut to 32 hours. When I complained, I was told that 32 hours was still considered full time. Technically, it may have been full time but it was 20% off my check! (And I wasn't scheduled for 4 8-hours days, I still had to work 5 days but on shorter shifts in the middle of the day which prevented me from finding a 2nd job!)

My experience has been that once they start cutting hours, management feels that the store can run just fine on the reduced workforce and the hours never go back up. If they are going to keep your hours lower than you would like, I'd start looking for another job---either a 2nd job to supplement your income or a new job to replace your current one. A lot of places are going to start hiring seasonal help for the holidays in a couple of months. This might be a good way to "try out" other companies and make some extra cash.

Good luck!

2007-08-12 10:13:55 · answer #2 · answered by TaxGurl 6 · 0 0

nope

2007-08-16 08:59:34 · answer #3 · answered by Anonymous · 0 0

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