Originally Posted by crawdad
Hey buddy, I don't like what I am hearing about your career path! Sorry to hear this BS. We are keeping our heads above water but still struggling.
It's ok. Just tired of doing the "backstroke" and working for free.
We started by cutting our profits to bare bones, then cut our own salaries, then cut 401K matches for the employees, bonuses went "out the window" last Christmas, then we had no choice but to eliminate paid "weather days"/and sick days due to some rampant abuse by a few employees. We've been able to provide health insurance to date but the annual increases have just eaten us alive, so now we're in the shut down mode. I have three projects to complete and unless something magical happens between now and their completion date, we're shutting the doors.
Municipalities seem to think that due to the economy we are going to build their projects for free (0% profit and 100%risk), and in many instances take a loss to stay in business.