{"id":671,"date":"2009-07-15T09:20:06","date_gmt":"2009-07-15T07:20:06","guid":{"rendered":"http:\/\/tsiblog.potlikker.com\/blog\/?p=671"},"modified":"2009-10-22T03:11:11","modified_gmt":"2009-10-22T01:11:11","slug":"family-business-taking-the-perks-away","status":"publish","type":"post","link":"http:\/\/www.tsirigosorbit.com\/blog\/?p=671","title":{"rendered":"Family Business &#8211; Taking the Perks Away"},"content":{"rendered":"<p><img loading=\"lazy\" width=\"150\" height=\"150\" class=\"alignleft size-thumbnail wp-image-703\" title=\"Despair\" src=\"http:\/\/tsirigosorbit.com\/blog\/wp-content\/uploads\/2009\/07\/blog-crying-baby21-150x150.jpg\" alt=\"Despair\" \/>&#8220;Companies are slashing benefits right and left.\u00c2\u00a0\u00c2\u00a0 But it\u00e2\u20ac\u2122s tougher to lose the company car or a generous dividend when your dad or your sister takes it away,&#8221;\u00c2\u00a0 writes Jillian Mincer in a <a href=\"http:\/\/online.wsj.com\/article\/SB10001424052970204456604574202163819186256.html\">recent Wall Street Journal article<\/a>.\u00c2\u00a0\u00c2\u00a0 Small businesses in America, most of which are family-run, are now pressed to cut benefits and perks to their family members in order to sustain their operations.\u00c2\u00a0 Needless to say these decisions are often contentious and quite emotional.<\/p>\n<p>&#8220;Another challenge is that different generations typically don&#8217;t feel the same way about the company.\u00c2\u00a0 The baby boomer who founded the firm may be willing to work extra\u00c2\u00a0 and to accept significant cuts.\u00c2\u00a0 But those in their 20&#8217;s may not even appreciate how lucky they are to have a job in a recession.&#8221;<\/p>\n<p>Occasionally management\u00c2\u00a0 of closely-held businesses believes they are entitled to their &#8220;bennies&#8221; yet asks their rank and file to bear the burden of the cuts.\u00c2\u00a0 Depending on your POV there are plenty of pro and con arguments for such a decision.<\/p>\n<p>During these economic times have you seen or been faced with cutting benefits to family members?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Companies are slashing benefits right and left.\u00c2\u00a0\u00c2\u00a0 But it\u00e2\u20ac\u2122s tougher to lose the company car or a generous dividend when your dad or your sister takes it away,&#8221;\u00c2\u00a0 writes Jillian Mincer in a recent Wall Street Journal article.\u00c2\u00a0\u00c2\u00a0 Small businesses in America, most of which are family-run, are now pressed to cut benefits and perks [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[23,31,63,129,137,161,178],"_links":{"self":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/671"}],"collection":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=671"}],"version-history":[{"count":1,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/671\/revisions"}],"predecessor-version":[{"id":1066,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/671\/revisions\/1066"}],"wp:attachment":[{"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=671"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=671"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.tsirigosorbit.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=671"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}