Arrow Electronics Kinder to Employees

Posted by admin on May 13th, 2009 — Posted in World financial crisis

To avoid firing a significant chunk of its twelve thousands employees, Arrow Electronics is looking to mandating certain components of its wage system. This would be a far kinder move than to simply fire its employees. It shows how a fairly large producer could be kinder to the people compose its corporate body.

In the end, it would be manufacturers like this that would fix the failing and ailing economies. When most producers are thinking of firing hundreds of employees to keep from losing their millions of dollars, producers such as this think of long-term goals instead of short-term ones.

What do you think would be a better approach? Are producers going to wake up one day and finally start thinking of long-term consequences?

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