Our company has been using rotating layoffs. I am off every 4th week. They fire four salary positions over a year ago and then let the 6 lowest seniority people go about 5 months ago. Last Feb. we lost the 3% employer match to our 401k plan.
But a machine tool company needed to move some inventory and so they made a deal to the owner that he could not pass up. Now we have about 6 people who are exempt form the layoffs. The owner is to have been offered a discount and tax benefits that will be a savings of about $200,000 on this machine. Steve
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Today's Featured Article - Tractor Proflie: John Deere Model R - by Staff. The John Deere Model R, the last of the lettered tractors, was the first diesel-powered tractor produced by John Deere with a gasoline starting engine. It was also the first tractor they produced that had an optional steel cab. The photo above shows the tractor w
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