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Political Factoid
Multi-tier employment systems are land mines of disaster.
- Existing Workers
(until they are retired, layed off, or otherwise terminated)
- "New" Workers - (hired after a given date)
- Wages $5 to $15 dollars less per hour for new workers.
- Medical insurance premiums and co-pays higher for new workers.
- Reduced vacation and sick leave for new workers.
- Wall Street gambles (Employee-funded 401K fund) for new workers
in lieu of an employer-funded pension.
- Families of new workers not covered by employer-medical plan.
- Employee parking not provided for new workers.
- Layed-off workers who are re-hired treated as new workers.
Seniority and vesting starts over.
- "Casual workers"
- Part time
- No benefits at all
And just what incentives does the company have?
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