Money Saving Steps to Take When You Are Laid Off

Posted on February 28, 2009 by Mary Ann Romans

Unfortunately, many people I know are being laid off or forced to cut their work hours and income. And if the analysts are correct, things may just get worse with more people out of jobs or finding themselves with a reduced income. So what do you do if this happens to you? The first thing you need to do to save your money is to take stock of what you have. It is important to understand your finances. Make a budget. You can learn more about that by clicking here: How to Get Your Finances in Control. The next thing … Continue reading →

Do Companies Actually Reward Loyalty and Longevity at a Job?

Posted on March 10, 2007 by Hava Lyon

I just finished reading an article about Circuit City employees that were laid off because they were making too much money. This was not one or two random people who had been with the company for a long time, but instead 3,400 people who had been with Circuit City for years (think 15 -20 years.) In return for their loyalty to the company and the fact that they were sticking with a job that usually has high turnover (retail sales positions at a big box store is usually considered an entry-level job, and as a result has very high turnover) … Continue reading →