Australian (ASX) Stock Market Forum

Letter to employees--This IS the way it is

tech/a

No Ordinary Duck
Joined
14 October 2004
Posts
20,400
Reactions
6,317
No its not from me but there are many like me who feel just like he does!!!

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 Subaru Outback outside. You've seen my big home at last year's Christmas party. I'm sure all these flashy icons of luxury conjure up some idealised 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 2 bedroom flat for 3 years. My entire living area was converted into an office so I could put forth 100% effort into building a company, which by the way, would eventually employ you.


My diet consisted of baked beans, stew and soup because every dollar I spent went back into this company. I drove a rusty Toyota Corolla with a wonky transmission. I didn't have time to go out with women. 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 $50,000 a year and spent everyÿdollar they earned. They drove flashy cars and lived in expensive homes and wore fancy designer clothes. Instead of hitting the David Jones for the latest hot fashion item, I was trolling through the discount 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 year old special-needs child. You, of course, only see the fruits of that garden -- the nice house, the Subaru, the vacations... you never realise 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 pay suddenly feel entitled to the same luxuries that I earned and sacrificed a decade of my life for.


Yes, business ownership has its benefits but the price I've paid is steep and notÿwithout 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 GSTÿuse taxes. Payroll taxes. Workers compensation. Holiday pay plus a imposed loading.ÿUnemployment taxes. Taxes on taxes. I have to hire a accountant 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 cheque to the Australian tax Office for $288,000 for quarterly taxes. You know what my "stimulus" cheque was? Zero. Zip. Zilch.


The question I have is this: Who is stimulating 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 cheque or some unwanted noncontributingÿrefugee? Obviously, government feels these latterÿare the economic stimulus of this country.


The fact is, if I deducted (Read: Stole) 50% of your pay 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 the government suddenly mandated to me that I didn't need to pay taxes, guess what? Instead of depositing that $288,000 into the Canberra 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 Australia and always has been. To restart it, you must stimulate it, not kill it. But the power brokers in Canberra believe the poor of Australia are the essential drivers of the Australian 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 4WD 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 penalises 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.


So, if you lose your job, it won't be at the hands of the economy; it will be at the hands of a politicians that swept through this country changed its financial landscape forever. If that happens, you can find me sitting on a beach, retired, and with no employees to worry about....


Your Employer

John
 
Re: Letter to employee's--This IS the way it is.

Here here!

Not only Australia, but every free country on earth is at the mercy of political short sightedness, lack of will, self interest, and sheer stupidity.

Great letter Tech.

CanOz
 
Re: Letter to employee's--This IS the way it is.

Whoa, TA, I thought you were going to send this out!

As a self employed person I really really understand the sentiments of the story, I just dont think that most employees will actually give a toss to be honest! They certainly wont identify because they still see the nice car and house.
 
Re: Letter to employee's--This IS the way it is.

I love it. Up until last year I've been happy to pay taxes because I live in a great country that costs money to run. If this was a good year I was even considering employing an apprentice trader.

But with the ridiculous hand-outs (Nb: I have no problem with the genuinely needy receiving asssistance) and lack of thought in response to this crisis I am genuinely considering options of where else in the world to live. Why the hell should my taxes go to prop up an already overinflated property bubble in the form of FHOG? Why should my savings and carefully invested money get over-taxed to end up in the pockets of short-sighted people who will just spend it on plasma tv's and other electronic toys?
 
Re: Letter to employee's--This IS the way it is.

I think most employees of small business will definitely understand. I would rather my boss keep paying me my wage and get some tax relief from the government rather than me and my wife getting $900.

My constantly paid wage will help me forever, the $900 only helps me this week.

Awesome letter!
 
Re: Letter to employee's--This IS the way it is.

Yes, Australia is a Joke at the moment.

Any fool knows that business grows economies, not giving to the poor. The poor don't give to an economy, only take from it.
 
Re: Letter to employee's--This IS the way it is.

I am genuinely considering options of where else in the world to live. Why the hell should my taxes go to prop up an already overinflated property bubble in the form of FHOG? Why should my savings and carefully invested money get over-taxed to end up in the pockets of short-sighted people who will just spend it on plasma tv's and other electronic toys?

Me too MS, seriously. I've been looking for a while now. Still considering a few:

NZ
China
Thailand
Canada

CanOz
 
I'm a European dual citizen so might go there for a few years and then assess after that. Lots of places I/we would like to live, so it just depends on jobs at this stage...
 
Re: Letter to employee's--This IS the way it is.

Me too MS, seriously. I've been looking for a while now. Still considering a few:

NZ
China
Thailand
Canada

CanOz

My top two picks are Turks & Caicos and Vanuatu. I couldn't get my wife interested in Hong Kong, NZ or Thailand.
 
Here he is giving advice on the economy so matter of factly and it took this joker 28 years to build a company so that he could finally afford such luxury items as a Subaru Outback??? :banghead:

Talk about delusions of grandeur, I would hate to work for an asshole like this! What a tosser!
 
Here he is giving advice on the economy so matter of factly and it took this joker 28 years to build a company so that he could finally afford such luxury items as a Subaru Outback??? :banghead:

Talk about delusions of grandeur, I would hate to work for an asshole like this! What a tosser!

LOL

I particularly disliked this little gem...

Every day this business is attached to my hip like a 1 year old special-needs child.

Tell that to a mother or father of a special needs child.
 
Tell that to a mother or father of a special needs child.

Ive had my share of looking after these kids so dont get all offended--thats EXACTLY what they do. You still love em
I also have a company and thats EXACTLY the way it is! You still love it!

Or you wouldnt be looking after either!
Toughen up you may have to.
 
I actually thought it was an absolute piece of crap letter.

It's bitterly written by someone who appears to be on the edge of losing their business.

Also, it is nothing more than a chain letter that started in the USA and has been conveniently converted to aussie style words and slangs.

It provides no substance but to pit the rich against the poor, the employee against the employer.

TA...I actually quite surprised you posting something of such trash.
 
I actually thought it was an absolute piece of crap letter.

It's bitterly written by someone who appears to be on the edge of losing their business.

Also, it is nothing more than a chain letter that started in the USA and has been conveniently converted to aussie style words and slangs.

It provides no substance but to pit the rich against the poor, the employee against the employer.

TA...I actually quite surprised you posting something of such trash.

Do you run a small business??
 
Ive had my share of looking after these kids so dont get all offended--thats EXACTLY what they do. You still love em
I also have a company and thats EXACTLY the way it is! You still love it!

Or you wouldnt be looking after either!
Toughen up you may have to.

Came across very arrogant to me (maybe that's not the right word).

And thanks for the advice!:)
 
Top