Originally posted by Wyldfire
The company I start working for Sunday night has been in business at least 35 years and is the world leader in the products they make and sell. They run things so efficiently and have such a solid customer base that they have bought the businesses of some competitors and never had a layoff before...EVER. They have a "no layoff" policy. There are over 500 employees that get a yearly bonus of 19% of their annual income. The least anyone would get for a bonus is over $5000. The company has to be on solid ground to be able to throw a chunk of change like that to so many employees every year.
your talking about the benefits of the company and haw solid it is. Your probably right, however, I mentioned something you need to be aware off.
Let me break it down for ya;
500 employees, each investing $10 000 (on avg. some peple have been working there for a long time. This amout can even double.....) 500 x 10 000= 5 000 000. lets say the company has sold 50 million dollars worth of shares to date (If forgot the technical term for it.) that would mean that 10% of shares are owned by employees. Employees buy share for tons of different resons; to kiss ass, because evry other person is in company is doing it, because they are told it's a good deal, pride........they inflate the stock.
Im not saying that it metters on all companies, it all depends on the amount of shares out and the actual company involved (mostley smaller onece with a biger workforce). Just something to keep in mind. One of the reasons some companies offer bonuses in "shares" instead of cash (profit sharing)
Originally posted by Wyldfire
I'm going to start off doing assembly and various production work but have been hired as a machine operator (CNC lathe and mill). I've run and set up a vast array of other machines, but not CNC. Since I have experience and knowledge of the gages and measurement devices, blueprints and ISO procedures, lock out/tag out and all that jazz they want to train me to run, program and set up the CNCs.
He he he:crackup: :crackup: I can't bolive it. I used to work on the shop floor (plastic injection mold maker), and I did some cnc work along with manual mills (bridgeports), lathes, grinders, radialdills..... I wish I new where to post a video, cause I got one of the kind of s1hit we did at my company......
anyway, should be puirty easy, now days they got canned cycles for everything, instead of the old G CODE.