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|Articles - May 2011|
|Wednesday, April 20, 2011|
Our Reader Input survey in each issue is always full of snappy charts and graphs that represent at a glance what our readership is thinking about a particular topic. But when we surveyed readers in late March about how the recession has affected their business or organization, we also asked a few open-ended questions and invited written comments to get a deeper idea of how businesses have coped with the downturn.
The remarks were a telling and sobering reminder that the recession technically may be over, but for 64% of the 718 readers who took the survey, it still feels to them like we are in a recession.
Underneath that percentage were dozens of comments that detailed what has been lost. For some the damage is deep. The list of things that were tossed overboard by the survey respondents seemed endless: raises, 401K matches, holiday parties, IT upgrades, advertising (ouch), health insurance, staff development, travel, bonuses, retreats, capital improvements, charitable giving, publications, paid lunches, janitorial services, golf, Blazer tickets. “My sanity,” added one reader. “Medical benefits package, no annual get-together, major executive wage cuts. There are more things but I am really just pissed off and can’t even list any more.”
While it wasn’t easy to give up these things, the most painful one was losing employees.
“The recession forced my business to give up things that had been important: The business strategy that you treat employees as assets.”
“We let some real good people go.”
“Basically, we cut everything that didn't directly produce a sale.”
We also asked readers to detail in what ways they have had to change how they do business:
“We are a family-owned 84-year-old business who valued our employees and their families. Our relationships with our vendors and customers were our lives. We lived the business. Going forward it will be more of just a business and not a lifestyle. Our state is no longer a great place for family-owned small businesses. I doubt this business will succeed to a fifth generation. It will be sold to a corporation and a lot of jobs will be moved out of the state.”
“It just is not fun anymore.”
There were a few optimistic comments, and one in particular stood out:
“We run a very lean organization with very little ‘fat’ to trim, yet we believe in taking care of our staff. We were unwilling to cut employee wages/benefits and this is the only area in which we really spend significantly in a discretionary fashion. So we gave up profitability to maintain our commitment to treating our staff well.”
I don’t know who wrote this, but if you’re reading this, keep the faith. It’s business leaders like you that help me keep mine.
Monday, July 13, 2015
BY KIM MOORE | PHOTOS BY JASON E. KAPLAN
A New York floral and gift business takes on the iconic Harry & David brand.
Monday, July 13, 2015
BY JACOB PALMER
Dean of the Atkinson Graduate School of Management, Willamette University
Thursday, August 06, 2015
Car and ride sharing services have taken urban areas by storm. Low-income and suburban communities are left at the curb.
Tuesday, July 14, 2015
The Big One serves as an allegory for Portland, a city that earns plaudits for lifestyle and amenities but whose infrastructure is, literally, crumbling.
Friday, July 10, 2015
BY JOE CORTRIGHT
The false promise of economic impact statements.
Thursday, August 20, 2015
BY JACOB PALMER
Ask any college student: Textbook prices have skyrocketed out of control. Online education startup Lumen Learning aims to bring them down to earth.
Friday, July 10, 2015
BY LINDA BAKER
Market of Choice is on a tear. In 2012 the 35-year-old Eugene-based grocery chain opened a central kitchen/distribution center in its hometown. The market opened a third Portland store in the Cedar Mill neighborhood this year; a Bend outpost broke ground in March. A fourth Portland location is slated for the inner southeast “LOCA” development, a mixed-use project featuring condos and retail. Revenues in 2014 were $175 million, a double-digit increase over 2013. CEO Rick Wright discusses growth, market trends and how he keeps new “foodie” grocery clerks happy.
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Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Every once in a while we receive a letter in the (fictional) mailbag that is tough to describe and quite compelling. This week, Isabel, the new HR manager at LabCo (and someone who is new to HR), wants to know whether she may fire the owner’s son for having an Oregon medical marijuana card. In passing, Isabel also makes a number of alarming admissions about her motivation. Here is Isabel’s nerve-racking question and our response to it.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.