Friday, May 4, 2012

What A Company.

I just read an article in the Washington Post this morning about a company by the name of United Technologies, Corp. It's a big company, on the Fortune 500 list. What's unusual about this company is that it pays for it's employees to further their educations, even if it's not in fields that would be of interest to the company. Why is that a big deal? It's a big deal because it doesn't matter if you want to get a degree in pipe organ or Jazz Music or potato growing, they'll still pay for it. And ya know what, the company is still profitable. I'll bet it's easier to get and keep employees for them because of this program. So how come if this is such a good idesa, other companies don't try it? Because other companies adhere to the belief that the only thing that matters is the bottom line. So if this plan was only going to cost a company two dollars and ninety five cents, that would detract that amount from the bottom line. So if it actually costs hundreds of thousands or millions of times that amount, CEOs and CFOs would fall down from convulsions of laughter at the thought of spending that much money without some guarantee of substantial profits. Now if the colleges, universities and trade schools paid the company to allow employees to take the courses, then maybe they'd consider it.  Don't get me wrong, I understand the importance of corporations and profits and the relationship between the two, but there was a time, admittedly years ago, when many companies showed a deep concern for the well being of their employees, and employees showed the same concern for the success of the companies. That seemed to go away with the onsert of extreme compensation packages for management and the disreguard for employees the insued. I wonder if there was any connection between the two? Do ya think?    

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