• The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
Menu
  • The Four Hundred
  • Subscribe
  • Media Kit
  • Contributors
  • About Us
  • Contact
  • Overworked, Underpaid, and No Free Donuts and Coffee

    March 9, 2009 Timothy Prickett Morgan

    The economic meltdown has caused quite a few business practices to change in fairly short order, and office perks and various benefits that were affordable during good times are downright impossible to justify in the current economic climate.

    To get a sense of what is going on out there in cubicle land, CareerBuilder.com commissioned a poll of 3,259 human resources managers (working at companies in the United States), which was performed by Harris Interactive in late November and early December last year, just as the economic crisis was ramping up to a scary pitch. Some 38 percent of managers said they expected to make administrative cuts (not necessarily layoffs) in 2009, and among those admitting they will be making cuts, 65 percent said they will be cutting back on corporate social events, such as picnics and holiday parties, and 61 percent said they would be cutting travel budgets. A quarter of the companies polled said they will have to cut healthcare benefits in some fashion and 11 percent said they would cut wellness benefits (such as sponsoring gym memberships). Another 21 percent said they would be chopping their philanthropic activities this year, and 34 percent said they would cut special office perks such as coffee, ice machines, and discounted vending machines.

    The good news is that 39 percent of the HR managers polled said that they are offering flexible work schedules and telecommuting as options to their employees, which saves the company and the employee money in many cases. Some companies are offering discounts on public transportation, compressed work weeks (doing your 40 hours in four days instead of five, as if any of us work just 40 hours any more), and reimbursing at a higher rate for mileage on your car when you use it on behalf of the company. We’ll see if these perks hold up if the economy stays tough, or worsens.

    RELATED STORIES

    Have IT Vendors Been Hit Harder Than IT Departments?

    IT Jobs 2009: The Dot-Com Bubble Burst Was ‘A Cake Walk’

    IT Doing Better Than Other Careers in 2009

    IT Staffing Will Be Stable for Q1, Projects Robert Half

    CIOs in the States Say IT Hiring Still Happening in Q4

    IT Jobs Grow in the U.S. Despite Economic Woes

    Most CIOs Say 2008 IT Budgets Are Stable, So Far



                         Post this story to del.icio.us
                   Post this story to Digg
        Post this story to Slashdot

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    Tags: Tags: mtfh_rc, Volume 18, Number 10 -- March 9, 2009

    Sponsored by
    ARCAD Software

    [Webinar] Trends for 2026: ARCAD Software’s strategic vision

    Between the acceleration of artificial intelligence, constant pressure to modernize existing systems, and ever-increasing security requirements, 2026 is shaping up to be a decisive year for legacy platforms.

    At the start of this new year, this webinar offers strategic insight into the future of these critical environments, which are at the heart of information systems.

    Join Philippe Magne, CEO of ARCAD Software, as he shares his analysis of the major trends and structural issues facing organizations:

    • DevSecOps: What are the current trends in DevOps transformation?
    • Generative artificial intelligence: What are the concrete use cases and measurable benefits for application development and maintenance?
    • Critical application security: How to respond to growing and sophisticated threats?
    • Cloud and hybridization: How do legacy applications fit into current cloud strategies?

    Save your seat for March 24 at 11 AM EDT!

    Share this:

    • Reddit
    • Facebook
    • LinkedIn
    • Twitter
    • Email

    MKS Weathers the Economic Storm in Fiscal Q3 DB2/400 Storage Engine for MySQL Now Available as Public Beta

    Leave a Reply Cancel reply

TFH Volume: 18 Issue: 10

This Issue Sponsored By

    Table of Contents

    • Getting Dizzy from Dynamic Infrastructure
    • The Economy Gives the Server Biz a Flat Tire in Q4
    • Infor Battles Customers in Court Over License Fees
    • As I See It: Isolation
    • Global IT Spending Barely Ahead of 2008; Some Regions Showing Strength
    • Have IT Vendors Been Hit Harder Than IT Departments?
    • CFMUG Downshifts from Monthly to Two Yearly Meetings
    • IBM to Bid for Satyam? Rumors All Over the Place
    • MKS Weathers the Economic Storm in Fiscal Q3
    • Overworked, Underpaid, and No Free Donuts and Coffee

    Content archive

    • The Four Hundred
    • Four Hundred Stuff
    • Four Hundred Guru

    Recent Posts

    • No Joke: Big Memory And Flash Price Hikes Coming April 1
    • Strategic Topics To Think About For 2026, Part 2
    • Guru: IBM i Job Log Detective Brings Structure To Job Log Analysis In VS Code
    • IBM Launches Hybrid Cloud Backup Product With Cobalt Iron
    • IBM i PTF Guide, Volume 28, Number 10
    • Why You Need To Think About Offsite Data Protection
    • IBM Gets Bob 1.0 Off The Ground
    • You Store The Crown Jewels In A Safe, Not In A Bucket
    • More Power Systems Withdrawals, And Some From Red Hat, Too
    • Price Increases Are Here, Or Pending, And For Sure For Memory

    Subscribe

    To get news from IT Jungle sent to your inbox every week, subscribe to our newsletter.

    Pages

    • About Us
    • Contact
    • Contributors
    • Four Hundred Monitor
    • IBM i PTF Guide
    • Media Kit
    • Subscribe

    Search

    Copyright © 2025 IT Jungle