It's my blog and I'll cry if I want to (with apologies to Leslie Gore).
I spent my week-end at my employer's Board of Directors meeting trying to head off impending lay-offs. Although the majority of union members showed up and offered to take wage freezes, furlough days and pension contribution cuts in order to save jobs and continue client service through the end of 2012 at no increased cost to the organization, our Board, in its infinite wisdom decided that lay-offs were the way to go.
Why? Because that's easier for a Board that meets only four times a year to handle. Never mind that they are laying off folks in the middle of an economic downturn. Never mind that the needs of our poverty-level clientele has never been greater.
I am just so saddened by these actions which strike me as short-sighted. Having worked in my field for the past 38 years, and having weathered four serious financial crises before this one, I know that predicting our organizations's finances three to five years down the road is a fool's errand.
So here's the kicker! On a personal level, the Board's decision works well for me. I am not one of those in danger of being laid off. Now, my wages won't be frozen, I won't have to take any furlough days (resulting in a 4% pay reduction) and all the current employer contributions to my 401(k) will continue to be made.
I should be happy, right?
Then why am I feeling so darn frustrated?