To All My Valued Employees,
posted on
Jan 15, 2009 09:31AM
To All My Valued Employees,
There have been some rumblings around the
> > office about the future of this company, and more
> > specifically, your job. As you know, the economy has changed
> > for the worse and presents many challenges. However, the
> > good news is this: The economy doesn't pose a threat to
> > your job. What does threaten your job however, is the
> > changing political landscape in this country.
However, let me tell you some little tidbits
> > of fact which might help you decide what is in your best
> > interests.
First, while it is easy to spew rhetoric that
> > casts employers against employees, you have to understand
> > that for every business owner there is a back story. This
> > back story is often neglected and overshadowed by what you
> > see and hear. Sure, you see me park my Mercedes outside.
> > You've seen my big home at last years Christmas party.
> > I'm sure; all these flashy icons of luxury conjure up
> > some idealized thoughts about my life.
However, what you don't see is the back
> > story.
> > I started this company 28 years ago. At that
> > time, I lived in a 300 square foot studio apartment for 3
> > years. My entire living apartment was converted into an
> > office so I could put forth 100% effort into building a
> > company, which by the way, would and did eventually employ
> > ; you.
> > Initially, my diet consisted of Ramen Pride
> > noodles because every dollar I spent went back into this
> > company. I drove a rusty Toyota Corolla with a defective
> > transmission. I didn't have time to date. Often times, I
> > stayed home on weekends, while my friends went out drinking
> > and partying. In fact, I was married to my business -- hard
> > work, discipline, and sacrifice.
> > Meanwhile, my friends got jobs. They worked
> > 40 hours a week and made a modest $50K a year and spent
> > every dime they earned. They drove flashy cars and lived in
> > expensive homes and wore fancy designer clothes. Instead of
> > hitting the Nordstrom's for the latest hot fashion item,
> > I was trolling through the Goodwill store extracting any
> > clothing item that didn't look like it was birthed in
> > the 70's. My friends refinanced their mortgages and
> > lived a life of luxury. I, however, did not. I put my time,
> > my money, and my life into a business with a vision that
> > eventually, some day, I too, will be able to afford these
> > luxuries my friends supposedly had.
> > So, while you physically arrive at the office
> > at 9am, mentally check in at about noon, and then leave at
> > 5pm, I don't. There is no "off" button for me.
> > When you leave the office, you are done and you have a
> > weekend all to yourself. I unfortunately do not have the
> > freedom. I eat, and breathe this company every minute of the
> > day. There is no rest. There is no weekend. There is no
> > happy hour. Every day this business is attached to my hip
> > like a 1 ye ar old special-needs child. You, of course, only
> > see the fruits of that garden -- the nice house, the
> > Mercedes, the vacations... You never realize the back story
> > and the sacrifices I've made.
> > Now, the economy is falling apart and I, the
> > guy that made all the right decisions and saved his money,
> > have to bail-out all the people who didn't. The people
> > that overspent their paychecks suddenly feel entitled to the
> > same luxuries that I earned and sacrificed a decade of my
> > life for.
> > Yes, business ownership has is benefits but
> > the price I've paid is steep and not without wounds.
> > Unfortunately, the cost of running this
> > business, and employing you, is starting to eclipse the
> > threshold of marginal benefit and let me tell you why:
> > I am being taxed to death and the government
> > thinks I don't pay enough. I have state taxes. Federal
> > taxes. Property taxes. Sales and use taxes. Payroll taxes.
> > Workers compensation taxes. Unemployment taxes. Taxes on
> > taxes. I have to hire a tax man to manage all these taxes
> > and then guess what? I have to pay taxes for employing him.
> > Government mandates and regulations and all the accounting
> > that goes with it, now occupy most of my time. On Oct 15th,
> > I wrote a check to the US Treasury for $288,000 for
> > quarterly taxes. You know what my "stimulus" check
> > was? Zero. Nada. Zilch.
> > The question I have is this: Who is
> > stimula ting the economy? Me, the guy who has provided 14
> > people good paying jobs and serves over 2,200,000 people per
> > year with a flourishing business? Or, the single mother
> > sitting at home pregnant with her fourth child waiting for
> > her next welfare check? Obviously, government feels the
> > latter is the economic stimulus of this country.
> > The fact is, if I deducted (Read: Stole) 50%
> > of your paycheck you'd quit and you wouldn't work
> > here. I mean, why should you? That's nuts. Who wants to
> > get rewarded only 50% of their hard work? Well, I agree
> > which is why your job is in jeopardy.
> > Here is what many of you don't understand
> > ... to stimulate the economy you need to stimulate what runs
> > the economy. Had suddenly government mandated to me that I
> > didn't need to pay taxes, guess what? Instead of
> > depositing that $288,000 into the Washington black-hole, I
> > would have spent it, hired more employees, and generated
> > substantial economic growth. My employees would have enjoyed
> > the wealth of that tax cut in the form of promotions and
> > better salaries. But you can forget it now.
> > When you have a comatose man on the verge of
> > death, you don't defibrillate and shock his thumb
> > thinking that will bring him back to life, do you? Or, do
> > you defibrillate his heart? Business is at the heart of
> > America and always has been. To restart it, you must
> > stimulate it, not kill i t. Suddenly, the power brokers in
> > Washington believe the poor of America are the essential
> > drivers of the American economic engine. Nothing could be
> > further from the truth and this is the type of change you
> > can keep.
> > So where am I going with all this?
> > It's quite simple.
> > If any new taxes are levied on me, or my
> > company, my reaction will be swift and simple. I fire you. I
> > fire your co-workers. You can then plead with the government
> > to pay for your mortgage, your SUV, and your child's
> > future. Frankly, it isn't my problem any more.
> > Then, I will close this company down, move to
> > another country, and retire. You see, I'm done. I'm
> > done with a country that penalizes the productive and gives
> > to the unproductive. My motivation to work and to provide
> > jobs will be destroyed, and with it, will be my citizenship.
> > If you lose your job, it won't be at the
> > hands of the economy; it will be at the hands of a political
> > hurricane that swept through this country, steamrolled the
> > constitution, and will have changed its landscape forever.
> > If that happens, you can find me sitting on a beach,
> > retired, and with no employees to worry about....
Signed,
xxxxxxx, Your boss