American Management Services
American Management Services
  • 683
  • 221 001
Will It Mean Good News To You If The Fed Lowers Interest Rates?
For more information, visit www.AmServ.com
The Federal Reserve's decisions on interest rates are a vital concern for both consumers and business owners. While recent Fed Chairman Jerome Powell discussions indicate that rate cuts could be on the horizon, understanding how these changes might impact your business is crucial for effective financial planning.
The immediate effects are often minimal when a small margin, such as a quarter of a percentage point, reduces interest rates. However, more significant cuts-like a half-point reduction-can start to create meaningful financial changes. A half-point rate cut can translate into substantial savings for businesses with significant borrowings, such as a line of credit or a high-interest mortgage. If you manage $3 to $4 million in loans at an 8.5% or 9% interest rate, even a half-point drop represents real money saved, which could be reinvested into the business.
The potential for back-to-back rate cuts could amplify these benefits, giving business owners more opportunities to refinance high-interest debt, reduce their borrowing costs, and allocate savings toward growth initiatives. By effectively strategizing around these rate cuts, businesses can better manage cash flow, plan investments, and drive revenue more efficiently.
It's also essential to consider how rate cuts can affect your customers. If your clients rely on financing to purchase your products or services, lower interest rates might make it easier for them to buy, potentially increasing your sales. Therefore, it's not just about how rate changes impact your borrowing costs but also how they might improve your customers' spending ability.
Given potential rate cuts, now is the time to review your business's financial structure and prepare to capitalize on any changes. Whether refinancing existing debt or planning new investments, staying ahead of the curve could provide a significant advantage in the months ahead.
By monitoring the Federal Reserve's next moves and preparing accordingly, business owners can better position themselves for financial stability and growth.
Connect with Us:
📞 Call us anytime: 800-743-0410
🌐 Visit our website: amserv.com
📺 Like, Share, and Subscribe for more valuable insights!
Follow Amserv on Social:
🖥️ LinkedIn - www.linkedin.com/company/american-management-services-inc
📱 Facebook - amservbiz
💻 Connect with Lou Mosca on LinkedIn: www.linkedin.com/in/loumosca/
Sign up for our newsletter at www.amserv.com
American Management Services, Inc. was founded in 1986 by George Cloutier, a graduate of Harvard College and Harvard Business School.
Having focused his MBA thesis on delivering profits to small business, Cloutier sought to revolutionize business management practices, and founded American Management Services to do just that.
The company was originally started with one employee and $42,000 in capital. Today, American Management Services has over 120 full-time employees; seasoned executives who are dedicated to the immediate improvement of cash flow, profitability, and growth for our clients.
As the leading provider of implementation-based profit management and cash management services, the American Management Services’ teamwork directly with owners to implement the necessary changes that grow sales, profits, and cash flow.
Through our unique system of Pre-Determined Profits™, these consulting services, commonly available to only the largest companies, are exclusively offered to small and mid-sized privately held companies with annual revenues ranging from $3 million to $500 million.
If you are looking for a better solution to improving your company’s sales, profit or cash-flow, American Management Services is more than just another consulting business. We provide RESULTS NOT REPORTS™.
Переглядів: 3

Відео

The One Thing Owners Need To Work Harder On To Ensure A Smooth Running Business
Переглядів 2814 днів тому
For more information, visit www.AmServ.com As a business owner, wanting to have your hands in everything is natural. Whether it’s making that crucial sale, solving accounting issues, fixing production problems, or even figuring out why the truck isn’t loaded-there’s a tendency to believe that no one can do it better than you. This mindset might work when your small business has just a few emplo...
To Live and Die by a Business Plan: Why Ownership is (Sometimes) Hard
Переглядів 4221 день тому
Recently, I watched a UA-cam video by Simone Giertz titled "Was starting a product business a mistake?" and felt compelled to discuss it. In the video, a young entrepreneur shared her journey of starting a business funded through Kickstarter. I deeply admire her courage and determination to launch her venture from scratch. Her grasp of her expenses, including accounting, admin, and R&D, was com...
The True Measurement of a Successful Business is Sales, Profit, & Culture?
Переглядів 56Місяць тому
For more information, visit www.AmServ.com This video was shot in early 2021, when, nearly a year after the pandemic, I started to think more and more about company culture. Traditionally, my focus has always been on results-specifically sales, profit, and cash flow. However, the importance of organizational culture has become increasingly clear to me. I've learned, sometimes the hard way, that...
Rent For Small Business Owners Increased 3%, Creating Another Chokehold
Переглядів 24Місяць тому
#rent #smallbiz #businessmanagement With about 37 million small businesses in the US (according to the SBA), a majority make anywhere between $1-$2 million, and many others struggle to make seven figures. Inflation has been on everyone’s minds since before the pandemic, and as we’re halfway through 2024, there’s a new issue to focus on-Rent. A new report from Bank of America, reported by AP, sa...
4 Financial Management Tips Every Business Owner Needs Right Now!
Переглядів 912 місяці тому
#financialmanagement #businessadvice #smallbiz Your balance sheet and income statement are the scorecard of the success of your business. As a business owner, keeping specific financial controls and tips in your back pocket to ensure ongoing success is essential. Here are some critical financial practices to implement: Accurate Cash Flow Tool First and foremost, ensure you have an accurate cash...
"Can't Pay Off Student Loans? Get a Part Time Job!" @ALifeAfterLayoff Reaction
Переглядів 1062 місяці тому
So, the job market is broken, but unemployment is low? Give me a break, @ALifeAfterLayoff. Do you agree with me? Leave your answer in the comments. And check out Bryan’s video here if you haven’t already ua-cam.com/video/yigbmHR7eRw/v-deo.htmlsi=ULEhnu-yxg9D9Jm1 For more about our services, visit www.AmServ.com Connect with Us: 📞 Call us anytime: 800-743-0410 🌐 Visit our website: amserv.com 📺 L...
6 Months In, 6 Months To Go. Are You Where You Want To Be?
Переглядів 472 місяці тому
Learn more about the services we provide for businesses across the country by visiting www.AmServ.com For some, 2024 is a tough year. As we enter the year's halfway point, are you getting closer to the goals you set on January 1? If you are, great! If not, there are three things you can do now to get you back on track. 1️⃣ Define Sales Where should your sales be at the end of the year? Is your ...
"Get Some Humility." The Simple Advice I Should've Learned Before I Turned 30
Переглядів 892 місяці тому
Learn more about the services we provide for businesses across the country by visiting www.AmServ.com When you’re 18, it feels like you can take on the world and not get hurt. Hate to break it to you, but that’s not the case. American Management Services Chief Operating Officer Lou Mosca doles out the advice he would give his younger self. Connect with Us: 📞 Call us anytime: 800-743-0410 🌐 Visi...
"Stop Working In A Toxic Company!" We Answer Your Brutal Comments
Переглядів 2452 місяці тому
For more information, visit www.AmServ.com This week, Lou Mosca sits down and reads your comments. Connect with Us: 📞 Call us anytime: 800-743-0410 🌐 Visit our website: amserv.com 📺 Like, Share, and Subscribe for more valuable insights! Follow Amserv on Social: 🖥️ LinkedIn - www.linkedin.com/company/american-management-services-inc 📱 Facebook - amservbiz 💻 Connect with Lou Mosca on...
Stop Losing Customers! Here Are Some Customer Retention Techniques
Переглядів 813 місяці тому
For more information, visit www.AmServ.com When you get a new customer, client, or account, the last thing you want to do is let them sit stagnate, and that relationship goes south. Ask yourself: What does my retention process look like? Be honest with yourself. Consider the value of finding a new client and what you can do to preserve that relationship. One of the strategies I find effective i...
Managers Are Swamped And Are Almost Doomed To Fail. Here’s Why
Переглядів 1863 місяці тому
Read the full HBR article: hbr.org/2024/04/4-reasons-why... A recent Harvard Business Review article I came across discussed the stresses managers, namely middle managers, face. I’ve always firmly believed that ‘burnout’ doesn’t exist. Even just a few short years ago, I made my opinion on the topic loud and clear. However, as I’m getting older, I’m starting to see that heavy workloads and multi...
Why Do Business Owners Fill With Rage When They Hear 'Consultant'?
Переглядів 1173 місяці тому
For more information, visit www.AmServ.com We've all heard the term "consultant," but do you really know what they do? As consultants, we're not experts in your specific business or industry, nor do we try to be. Instead, we help facilitate and guide your existing team to reach new levels of success faster. Our role is to mentor your people, improve processes, and push you past plateaus in prof...
This is Wrong! Hiring Managers are Overlooking These Two Groups of People
Переглядів 2334 місяці тому
Read the article: www.businessinsider.com/hiring-managers-biased-against-gen-z-older-workers-survey-says-2024-4 I came across a recent article from Business Insider discussing ageism. In it, author Tim Paradis described the bias hiring managers hold over those of a certain age. And this goes for Gen Z and Baby Boomers alike. Resume Builder's survey found that a third of hiring managers overlook...
How The Collapse Of The Francis Scott Key Bridge Is Shaking Up The Trucking Industry
Переглядів 584 місяці тому
How The Collapse Of The Francis Scott Key Bridge Is Shaking Up The Trucking Industry
This Generation is Helping Fill in the Gaps for These Industries
Переглядів 1144 місяці тому
This Generation is Helping Fill in the Gaps for These Industries
An Owner Lost Money Because of Poor Management. They Blamed This Instead
Переглядів 1474 місяці тому
An Owner Lost Money Because of Poor Management. They Blamed This Instead
Is Jamie Dimon's Management Philosophy Something To Be Admired?
Переглядів 1235 місяців тому
Is Jamie Dimon's Management Philosophy Something To Be Admired?
Are Independent Business Owners Optimistic About 2024?
Переглядів 1296 місяців тому
Are Independent Business Owners Optimistic About 2024?
What You Can Learn From the Carrefour / PepsiCo Situation
Переглядів 1566 місяців тому
What You Can Learn From the Carrefour / PepsiCo Situation
Good People Still Go Through Tough Times
Переглядів 1247 місяців тому
Good People Still Go Through Tough Times
Rough Roads Ahead for Car Dealerships
Переглядів 1877 місяців тому
Rough Roads Ahead for Car Dealerships
Owners Want the Same Opportunities as Everyone Else!
Переглядів 517 місяців тому
Owners Want the Same Opportunities as Everyone Else!
Forget the Bank! Maybe You Should Borrow Money From Grandma
Переглядів 787 місяців тому
Forget the Bank! Maybe You Should Borrow Money From Grandma
@ChevyDude Doesn't Have to Fail. Here Are Some Strategies They Can Implement Now!
Переглядів 909 місяців тому
@ChevyDude Doesn't Have to Fail. Here Are Some Strategies They Can Implement Now!
The Big Companies are Laying People Off. Do They Know Something We Don’t?
Переглядів 2359 місяців тому
The Big Companies are Laying People Off. Do They Know Something We Don’t?
Enhancing Retail Customer Experience: A Guide to Creating Memorable Shopping Moments
Переглядів 499 місяців тому
Enhancing Retail Customer Experience: A Guide to Creating Memorable Shopping Moments
Brick-and-Mortar V. eCommerce: Striking the Balance with Omnichannel Retail
Переглядів 3910 місяців тому
Brick-and-Mortar V. eCommerce: Striking the Balance with Omnichannel Retail
How to Keep Your Key Employees from Leaving. Strategies for Retention
Переглядів 2,4 тис.10 місяців тому
How to Keep Your Key Employees from Leaving. Strategies for Retention
What Are Labor Costs and How Can You Lower Them To Save Your Business
Переглядів 22810 місяців тому
What Are Labor Costs and How Can You Lower Them To Save Your Business

КОМЕНТАРІ

  • @MrZoonraug
    @MrZoonraug День тому

    That six, seven grand you invested in him, he probably made you 200k-300k you crybaby boss. 🤣😢😂

  • @Sola_Scriptura_1.618
    @Sola_Scriptura_1.618 День тому

    Great advice.

  • @Brian-rs4ug
    @Brian-rs4ug 2 дні тому

    If someone is ready to leave your company, let them go. It never works out well, once they have quit in their own mind and return. Sever the tie, and reflect on your own leadership as to why they left in the first place.

  • @randyzeitman1354
    @randyzeitman1354 2 дні тому

    ?.. The guy wanted the training money back and then wondered why the guy left him?

  • @dmockracey
    @dmockracey 2 дні тому

    Take a long hard look in the mirror they left because there's something better.

  • @msarzo
    @msarzo 5 днів тому

    Grabbing for pennies will cost your clients dollars in real money and good will. That divorce didn't have to be acrimonious.

  • @Sam-hr9nd
    @Sam-hr9nd 6 днів тому

    Honestly it's amazing a company would be selfish enough to bring up how much they invested in someone when there are no garuntees when bring them on. I find loyalty to a company starts with bridges the what's in it for me aspect is fullish.All companies including hr protect there own skin not the employees so honestly don't spend the money on someone if you don't want to lose it.personal problem not the employees

  • @anthonyesparsen7776
    @anthonyesparsen7776 8 днів тому

    He didn't want to think out of the box!

  • @The-You-Doober
    @The-You-Doober 8 днів тому

    Employers are always promoting unproductive people. This causes the productive people to leave or quiet quit.

  • @zurabphantsulaia9643
    @zurabphantsulaia9643 12 днів тому

    fuck all company you must get better job and make more money fuck all bosses and managers and companys they tell you you are the family bit they dont give a fuck about you so alweys take your chance

  • @xlerb2286
    @xlerb2286 12 днів тому

    I hear you with wanting to create a culture where people want to stay. But I'll tell you, if I have the choice between two companies that both have good cultures, opportunities for advancement, etc., I'll take the one that pays me $10K more. I have a responsibility to my family to provide for them and if I turn down $10K at no disadvantage to me I've failed in that responsibility. And at least where I live there are plenty of companies that have good cultures. Now on the other hand I will and have left a company for a different place where the benefits were lower but the culture was better.

  • @joecater894
    @joecater894 13 днів тому

    Not sure on rules in the US , but where I come from an employer cannot claw back internal training costs , but they can for courses paid for external training at the companies expense. I dont know if its unfiar.. to be honest, if a company only just recently sent a guy on hugely expensive training courses.. then they leave.. just seems fair providing its in the contract and the company is open about it from the very start so all employees know the deal... it doesnt need to be a vindictive action. HOWEVER , the line is drawn at a company claiming internal training costs.. such as internal staff time for training someone.. . additionally money cannot easily be clawed back if it puts the employee rate/hr below NATMIN wage. If an employee knows they'll have to pay back training costs and they have an open and honest contract that says so that they have read prior.. then as soon as the company states they'll be sent away for training is a good time to bail on the job.. if they are unsure about the job and are looking around for something better.

  • @DeadCat-42
    @DeadCat-42 14 днів тому

    I quit my job and watched the company shut down.. seems management didn't understand that I was the company and they didn't have anyone who could replace me or the software I wrote on my own time and copywriter to myself. They didn't understand that the 27 people who used to do my job were replaced by me and my software. They lost millions of dollars. I was making $17.50 an hour. They went cheap and lost everything.

  • @PatricHua
    @PatricHua 15 днів тому

    Wise advice.

  • @johnrainsman6650
    @johnrainsman6650 15 днів тому

    An employee (let's call him Tom) quit---because of me. I'm really ashamed. I mishandled a matter. He was an outgoing guy who *casually* touched coworkers. He meant it innocently, not creepiIy. My colleague (his boss) and I took him to the office and spoke to him. I said he shouldn't touch anyone without consent, handshakes only. That night, on my way out of a coffee shop, I passed him and his friend; they didn't see me from their table. I heard him tell his friend that I was being disrespectful and unfair, that I shouldn't have taken him to the office. That because of me, he was quitting the job. That's all I heard, because obviously it wouldn't have been right to eavesdrop. I concluded that Tom was just playing victim, not taking responsibility for his actions. Kind of like when you ground your misbehaving child and they make _you_ the bad guy. But then one night, I saw Tom at a pizza shop with a lot of his coworkers. Turns out he had invited and treated them to pizza. While leaving the shop, I heard Tom tell a female coworker (who had gotten out by then too), "No, you don't have to thank me. No one does. Let's just say I kind of owed the crew at work for my mistakes." That's all I heard as I walked. I started thinking, maybe he wasn't being evasive after all. It seemed like he felt so bad for potentially making anyone uncomfortable, he decided to make up for it. Perhaps I misinterpreted his conversation at the coffee shop, since I wasn't there for the whole context. Maybe he wasn't upset with me for correcting him, but _the way_ I did. I thought hard and realized that, yeah, I wasn't exactly being respectful. I made him sound like a bad guy who had no respect or boundaries for others. I should've spoken to him like a _good guy_ who didn't _mean_ to upset anyone. We all make mistakes and are misunderstood at times. I didn't even ask for _his_ side in the office. I didn't yell at him, and my voice was gentle, but it was also kind of firm and condescending, if I'm describing it well? I even asked Tom's boss if she wanted to add anything--right in front of Tom. That was pretty insensitive. So yeah, no wonder Tom wanted to leave. I was being kind of a jerk. I should've just spoken to him in the hall, just us two, and shown some patience, understanding, and respect. He didn't deserve to be in the office with me and my colleague and get an all-or-nothing lecture that made him look careless. It's okay to *occasionally* touch coworkers who *clearly enjoy* you. Compromise. Being mad at me for how I spoke to him is not the same thing as thinking, "I didn't do anything." The situation wasn't _I was right and he was wrong;_ more like he made some mistakes and I was right to address them, but I didn't do it right. We lost one of our hardest workers, and it's my fault.

  • @DJ-pn9te
    @DJ-pn9te 18 днів тому

    you say it is an investment, but you give the employee no equity , fuck your client.

  • @rabd3721
    @rabd3721 19 днів тому

    For the remaining employees who witness this behavior, they are now incentivized to quite with zero notice.

  • @taitraining3055
    @taitraining3055 21 день тому

    Suck it up asshats, a smart guy ditched a bunch of assholes. Companies have no moral compass when firing people so why not fire your company by ditching it...kudos to that guy

  • @AmericanManagementServices
    @AmericanManagementServices 23 дні тому

    What do you think about Lou Mosca's advice to Simone Giertz

  • @AmericanManagementServices
    @AmericanManagementServices 23 дні тому

    Here's the video we talk about in the video: ua-cam.com/video/iEAShZ8TJCs/v-deo.htmlfeature=shared

  • @stumac869
    @stumac869 24 дні тому

    Bet he had no regrets about leaving after that experience. Imagine reading about a company like that before you apply for a job, it would be a big red flag.

  • @dps6198
    @dps6198 24 дні тому

    If you had decent people and leadership position you wouldn't lose any employees people quitting up because of the job they quit because of lack of leadership

  • @msk3905
    @msk3905 24 дні тому

    Your client is a jerk and failed the employee, people leave for a reason period! Either they are unhappy, feel unappreciated, or they feel that they are not being compensated properly. No matter what you think at the end of the day if this employee were happy why would they leave? This guy is spot on, if you pursue this and word gets out who is going to work for you in the future?

  • @rossbrashear535
    @rossbrashear535 25 днів тому

    Investing in employees and they leave hurts. But not investing in employees and they stay hurts worse.

  • @greathornedowl3644
    @greathornedowl3644 25 днів тому

    Right-to-work laws work both ways, you can fire me without warning and I may start my new job tomorrow 🤣Pettiness works both ways - client/customer/vendor list, product information, all for sale to competitors

  • @ahwhite2022
    @ahwhite2022 26 днів тому

    That "bad will" was evident in the desire to wield that hammer, and that desire was no doubt indicative of the work environment that led to that person quitting. Anyone else working there would be wise to look for other opportunities.

  • @anton_c8gur
    @anton_c8gur 27 днів тому

    well close the company lol

  • @pauljermyn5909
    @pauljermyn5909 28 днів тому

    Im 58, ive walked from 2 jobs in my lifetime, one was for safety concerns, one was a toxic manager, no job is worth compromising your physical or mental wellbeing.

  • @xlerb2286
    @xlerb2286 28 днів тому

    Where I live the tech community is very tight knit and everybody knows everybody. If a company tried this they would never be able to hire someone from the region again (some companies have treated people poorly, mainly those companies don't exist anymore for multiple reasons, but in the mix somewhere is their difficulty in being able to hire skilled employees). And unless you're willing to hire remote workers it's hard to persuade anyone to move here as our weather isn't the best.

  • @dhenderson1810
    @dhenderson1810 28 днів тому

    I had a situation where I addressed some concerns of the business (I was being bullied by a co-worker, left me to do other people's work and made me work 7 days a week. My boss said that he can't do anything to fix that. I decided to quit, and suddenly he could do all the things I requested, all the things I promised, if I just stayed. I left because he didn't care to fix these problems until it impacted him.

  • @dhenderson1810
    @dhenderson1810 28 днів тому

    No big deal. Just hire someone else.

  • @Sevem7m
    @Sevem7m 28 днів тому

    "Is there anything we can do differently? Is there anything you want to talk about" He is asking that 8 years too late. No wonder the guy left

  • @hellstromcarbunkle8857
    @hellstromcarbunkle8857 28 днів тому

    If you did that in Delaware he would own all your options for the rest of your life.

  • @hexacarbide268
    @hexacarbide268 28 днів тому

    Didn't expect you to say that. Nice

  • @mikemcmullin149
    @mikemcmullin149 Місяць тому

    The question is what pushed him to the point of leaving? I had one boss when I gave my notice offer me more money. He was oblivious that he the main reason, followed by the company sinking into the red and a few years later getting sold.

  • @user-cr7bi5zo6n
    @user-cr7bi5zo6n Місяць тому

    Companies fire people at will, they should not be crying if people leave at will.

  • @CB-kf9pg
    @CB-kf9pg Місяць тому

    Your client is a complete idiot. No wonder the employee left 🙄 Today's employers think they own the employees🤬

  • @DurokSubaka
    @DurokSubaka Місяць тому

    His reaction did not dignify a response by you. You were straight up with him, and if he was a good businessman, he would leave it at that with his employee and you. You’re better off without him.

  • @Joe-dime-a
    @Joe-dime-a Місяць тому

    I just have a hard time imagining being a father now sending your kid off to college or having a new born and some how lying to yourself knowing deep down that your children are walking into a shit and bleak future that you just shrug at

  • @Joe-dime-a
    @Joe-dime-a Місяць тому

    Was 26 working in banking and myself and many college friends are moving overseas this government is satanic at least the Chinese government cares about its people nominally this country is actively trying to replace its citizens and proclaims nation gay butt sex month as its highest holiday😂😂😂

  • @TBonerton
    @TBonerton Місяць тому

    Nothing like having your decision to leave confirmed so heavily by your exit interview.

  • @OffGridInvestor
    @OffGridInvestor Місяць тому

    That's INSANE. Does the guy have NO IDEA that many job websites have FORMER EMPLOYEE REVIEWS built into those websites? I have read tons. They even give a star rating and it says what branch they were at and what position. This shows the GOD MENTALITY that US employers have. I got a cousin that moved from Australia to the US and tells us that the employers there think they own you.

  • @ytano5782
    @ytano5782 Місяць тому

    Maybe I translate the term „key employee“ wrong. Is it one of the mist important employee in the company? In my experience, they train other people and are not trained anymore.

  • @user-pb7bt9nf9i
    @user-pb7bt9nf9i Місяць тому

    The idea of investing in people, in the IT industry in particular, is that 'a rising tide floats all boats'. For example, one company's training of a person will also benefit another company. When a person quits, one company's loss will be another company's gain. In something like IT tech support for example, the sum total of an employee's skill and experience will benefit their customers.

  • @RichS-jy7sb
    @RichS-jy7sb Місяць тому

    My final employer refused to pay me for the 22 vacation days I had left in my "bank" and told me flat out to never expect a good reference. This after 19 years of working for them and giving 2-1/2 weeks notice.

  • @phoenix.maximus
    @phoenix.maximus Місяць тому

    Nine months ago, I left a toxic and hostile work environment after being told for five years that I wasn't as "fancy" as the preceding guy had been, being paid less than him because I'm female, and being assaulted in my office, which was caught on video, and being told I couldn't get a copy of said video and that assaulter got to keep his job with no disciplinary action taken. I was also told people accused me of being rude (probably because I firmly stood against the toxic work culture). I had been furloughed as "non essential" during the lock of downs, but once revenue started dwindling I was suddenly very essential. The boss was rude to everyone, mocking the elderly, berating the volunteers, and talking down to staff publicly. The staff all complain about the boss but yes him to his face all day. The adjacent school has staff that is the most miserable crop of human beings I've ever seen and they should not be anywhere near the kids. Have you guessed what this workplace was yet? It was a church and my boss was a priest! He asked if I'd reconsider for more money but it was way too late at that point. I hear they found a new guy for the job recently but that he quit after only 5 weeks. Hm, wonder why...

  • @Wertyingf
    @Wertyingf Місяць тому

    I would say in the ten years he worked for him he more than payed for his training. If it's actually possible to do that I always thought training come with the job

  • @fw1421
    @fw1421 Місяць тому

    You suppose that’s the reason why he left? Just a money grubbing employer that values money over their people?

  • @lothean2099
    @lothean2099 Місяць тому

    I tell that boss, you better prepare for a lawsuit the moment you hand me that bill..pretty sure it'll be in the millions. Have a nice day.

  • @user-qx5ri5ds2s
    @user-qx5ri5ds2s Місяць тому

    I have worked for the same company for over a decade. I have watched them pull several sketchy moves like this when people have made the decision to leave or have essentially been forced out, and it definitely affects morale for those of us who remain and is talked about for years in the industry. It further confirms that the person leaving made the right decision to go. I will say that our new management team (a lot of the previous owners/managers have retired since I started) does treat the staff better and has not been treating the employee like traitors for seeking out better opportunities for themselves/their families. However, those of us with long memories do not and will not forget. I once heard a quote that stuck with me and I will share it with you. “A two week notice is a gift you give to your employer that they would never give to you.” Food for thought.