This is an excerpt from my "SILVER PARACHUTES" book:
Introduction
Revolving
Door Minorities
This
scam is based on complaints from several minority (including female)
employees and observations at several companies. HR (Human Resource)
departments do not provide the necessary statistical data to provide
absolute proof of this scam. Hence, actual dollar losses from this
scam cannot be calculated. However, other data can be utilized to
surmise conclusions necessary for investors to make decisions.
Many
states have a requirement for all public and private companies over a
certain size of employees to maintain a racial and gender mix of
employees that reflects the local working population's racial and
gender mix. In addition, government contracts cannot be won unless
this requirement is met. Many companies constantly maintain the
required percentages. They meet the government requirements.
Nothing seems improper, unless a long-term statistical analysis of HR
data is performed.
HR
departments do not usually calculate hiring costs broken down by
minority versus non-minority employees. If they do, and notice a big
difference, then middle managers at these companies likely have a
racial-bias and/or gender-bias problem. HR departments may also
easily analyze this statistical data in more detail on spreadsheets.
This might reveal problems at certain departments and/or problems
with only one or
a few minority groups. Besides employees, this statistical analysis
can also be performed on managers as well.
Overall,
this statistical analysis would reveal that these companies and/or
departments within these companies constantly have to make extra
efforts to continuously hire minorities as new employees in order to
maintain their required percentages. A majority of these minorities
constantly leave the company, whether by their own choice or not.
Very few stay as long term employees when compared to non-minority
employees. Many middle managers may not seem prejudice to the naked
eye. Some of these middle managers may even project great charm
toward minorities. However statistics never lie.
Middle
management's racial/gender problems cause these companies to spend
more money to constantly hire minorities. This extra HR expense
causes these companies to be less profitable. Since their HR budgets
are higher, this lowers profitability, and shows up on the
performance of their stock price as well. The CEO (Chief Executive
Officer) is typically not informed, because the HR department head
enjoys his larger budget. He is ‘empire slate building’ in order
to get promoted to higher ranks, based on how many employees he has
under him in his HR department.
Potential
and current investors may have a need to choose between two companies
in the same industry. If all other information about the two
companies seem equal, then investors should compare HR’s budget
divided by the total number
of employees. This would indicate the productivity of the company.
HR may refuse to divulge their budget to outside investors. However,
there is another way to surmise this information without the HR
department's data.
... The remainder of this chapter can be read in the book.
don’t “BLAME CANADA’ for the crises…
JFK:
“The Chinese use two brush strokes to write the word 'crisis.' One
brush stroke stands for danger; the other for opportunity. In a
crisis, be aware of the danger - but recognize the opportunity."
Don’t 'blame Canada’ for the
crises. Instead, be part of the solution. Read how, in my new
"SILVER PARACHUTES" book. You can preview inside the book
for more details at (depending on where in the world you are
located):
In the USA at www.Lulu.com/Thav : http://www.lulu.com/browse/preview.php?fCID=3165671
Or www.Amazon.com : http://www.amazon.com/gp/reader/0557010624/ref=sib_dp_pt#reader-link
Or in the UK at www.Amazon.co.uk :
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Or in Canada at www.Amazon.ca :
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