Superpilot92
LONGCALL KING
- Joined
- Nov 7, 2004
- Posts
- 3,719
This is exactly what is up. They don't need guys this summer, but don't want the training churn associated with furloughing then recalling next summer. What they do is figure out what it would cost to furlough a guy then offer under that amount of money for the old guys to leave. Then next summer they will hire 300-500 guys that are on first year pay reducing the overall cost of the group. It's called the juniority effect and it can save alot of money if managed right. The only reason why they are doing it is because it saves them money, they aren't doing it to be nice to the old guys.
Yup .