20110622 Follow Me 43 bengdi1986

layoffs or pay-cut ? this is depend on the company's attitude to their employees.there is 3 main attitude:cost、capital、essential.
如果公司视员工为成本，那么它可能会选择裁员或减薪中的任意一种。如果招聘员工比较容易，那么显然是裁员较有吸引力；如果招聘员工很难，那么在危机时期，降薪、尽量留住员工会是公司的选择。

如果公司视员工为资本，那么工资就可以看成是资本的折旧。既然是折旧，那么应该是不变的，至少应保持一个相对稳定的水平。只有当公司利润增长时，我们才会去思考改变折旧方式为加速折旧，可以减少税收。

如果公司视员工为根本，那么公司注重的不只是薪酬这么简单了，期权、员工归宿感等都在考虑之列。

应该说，一个企业对员工的态度不只一种，对不同员工应该有不同的态度来对待。
如清洁工，算成本；会计、行政人员，算资本；以技术为核心竞争力的公司，技术部门为根本。

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After reading this article twice, I quite agree with this words'" any suggestion that lowering bonuses would cause layoffs was a ploy by Wall Street banks to roll back their compensation changes". The smartest people in the world would not let their Wall Street banks be stuck in the dilemma.

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Bonus cuts, pay rises, layoff starts, This not only because that salaries, as a fixed cost, account a large portion of the total cost which makes the layoff sensible, but also because people's confidence to the global economy. Yeah, the paycheck is rising, so does the CPI and PPI which push this further. People can't buy so many things as before, making the consumer market shrinking, which in turn lower the demand from the industiries and make the layoff even worse.

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This kind of layoffs will be hard to be executed in those corporations which have powerful labor unions

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compensation  补偿
division   部门
This is a terrible news for me if it is the same in china.

align (使)结盟
sleight of hand 巧妙的手法
pervert 误用，滥用
en masse 一起
impose 强加于
While the executives in banks still receive a lot of bonuses, some ordinary employees are laid off.

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From my point of view , i don't think raise salaries and cut down bonus is a good way to make Wall Street‘s companies grow better and robuster . Low wages and high bonus can inspire staff enthusiasm ,nevertheless , it may cost a higher pay than the method mentioned in the article .
If the companies set a higher level of salaries and cut down the bonus ,i think it will increase the employee loyalty , but i don't optimistic about its role in the companies' performance .
well, it is known to all that people in Wall Street is extremely cunning and they must be have their reasons in raising salaries , we students should be modest to learn from these elites, rather than criticism ...

毕业了，离校了，上网不方便了……估计要好长一段时间不能followus了

for a sencond read, I totally understood the article, it's a really good argumentative writing.  
beacause of the wall street compansation mechanism, and the fierce competion among the wall street staffs, it seems the only way that campanies and banks to layoff  low-performing employees to cut their costs sustaining the high bonuses and competive.

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there is a few difficults to get the core of this paper.
let say it in Chinese.
本文以炒鱿鱼开始谈，谈到工资和分红的取舍问题。往深层次里想想，这里更重要的其实是相应的公司的成本和收益结构的变化问题，有的公司的外部坏境依旧向好，工资和分红的问题对他们来说没什么大的问题，但是对于部分行业，比如说银行，他们就存在很大的问题了，这一年多的财政危机，宽松政策，让他们的业绩大大降低。另外说到投资公司，他们的收益来自投资，银行业是个很大的投资行业，由于银行业的不利，投资公司的收益必然出现不确定性，自然出现现在这些问题了。

另外还要思考的问题：这次的裁员后的员工去哪里？虽然他们大都是有能力的，但是现在的失业率居高不下的情况下，他们将归纳到哪一个部分，会不会对美国的政策产生影响。

说说其他的一点：美国投行的利益下降，我认为还有中国的原因，缓慢性政策真的是让那些投机的吃了大亏！！哈哈....

静待后市吧，美国的政策走势是个大态度，会影响到很多东西。
我认为这次的政策走势一定程度上应该会偏向华尔街的投资商！！
go on~