abhiseshakana
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November 13, 2020, 06:58:44 AM |
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If regulations regarding unpaid leave do not exist, then these workers can do nothing but have to accept the decision gracefully or find a new job. The decision seems unfair, but workers should also understand that if a company faces a crisis, then the priority is to save the company first, even though it has to implement an unpaid leave policy.
In business, one of the high company expenses is the salary for employees. So when a company faces a crisis, reducing the number of workers is an efficient way to minimize company expenses, especially for companies that have poor cash flow.
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Ucy
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November 13, 2020, 09:23:26 AM |
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This is not illegal, business can't give people a paid leave when the business is not making money as usual.
The economy has been struggling due to the pandemic, so with what is happening, its not wise to stick again in an industry that is not making good revenue anymore, if they will switch job and they can find it, why not find a new one, but we can also understand that the loyalty is there and this pandemic is not permanent so they also don't want to lose their permanent job that could give them a good benefit and assurance once the operation is back to normal.
If those were good gaming/betting centers, they would have been encouraged/pushed to try online (or something like that) and target mostly the citizens of the country. If they were mostly for the money rather than making others/society better, they will likely find it hard to "feed" the citizens or people close to them thesame thing they feed outsiders. Economies built in this manner will likely suffer when crisis like the pandemic arise. Basic needs won't be affected too much. The company has not responsibility on the employees anymore as they are the one making a decision to leave without pay, though it does not look good but that's how the reality looks like when the business is struggling. Macau is the gambling capital of the world, and that is a big statement on the industry as it's struggling now. I think the business wouldn't be struggling if it's a good business that offer services people find very helpful/important/good for the country. Perhaps, the government will intervene to prevent them from closing business due to the important service they offer customers. That is actually why it's important as a business person to have a business that really helps society so that people or govt will be willing to help when you are down in situations like the health crisis.
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Mauser
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November 13, 2020, 11:00:48 AM |
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If regulations regarding unpaid leave do not exist, then these workers can do nothing but have to accept the decision gracefully or find a new job. The decision seems unfair, but workers should also understand that if a company faces a crisis, then the priority is to save the company first, even though it has to implement an unpaid leave policy.
In business, one of the high company expenses is the salary for employees. So when a company faces a crisis, reducing the number of workers is an efficient way to minimize company expenses, especially for companies that have poor cash flow.
I agree with you that companies try to look after them self first and want to reduce cost. But we shouldn't forget that we are all humans, it's difficult times for all of us. Forcing people into unpaid leaves can ruin families. On my opinion the casinos also have obligation to help out there employees. They shouldn't forget about the expertise and training they invested into their employees. They will need them again once everything picks up again.
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JohnBitCo
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November 13, 2020, 11:07:15 AM |
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The Macau gaming enterprise have reported that more than 60% of the Workers working in casinos have been Forced to take Unpaid leave. The weird thing was : If the Worker have worked for too long the casinos takes them for granted and they are more likely to loose their payment. Now 8% of them are thinking of switching to new jobs. Now the steps taken to tackle that : Macau government could regulate the unpaid leave, measures could be implemented for an economic rebound, employees could be offered additional training, and the foreign employment quota should be adjusted to protect the local workers.
Macau continues to suffer the effects of the ongoing pandemic, despite some of the slight recoveries taking place in the industry. At the same time we saw the boost in the gaming revenues: Macau’s gross gaming revenue (GGR) dropped by 90% in September but rose by 229% month-on-month in October. The Individual Visit Scheme resumed mid-September and helped boost the economy in a small way, however, the country expects the tourist arrivals for 2020 to drop by 90%. I think this is only because of the pandemic situation. If the casino is closed for many months, it is difficult to pay the salaries to the employee in time period where the business is stopped and no revenue is generated. This situation is very difficult for both the employees and the owner of the physical casino's. Also finding a new job in this pandemic period is also very difficult as there are no new job opportunities in current times.
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madnessteat
Legendary
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November 13, 2020, 12:28:48 PM |
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I agree with you that companies try to look after them self first and want to reduce cost. But we shouldn't forget that we are all humans, it's difficult times for all of us. Forcing people into unpaid leaves can ruin families. On my opinion the casinos also have obligation to help out there employees. They shouldn't forget about the expertise and training they invested into their employees. They will need them again once everything picks up again.
You may have forgotten that there are no irreplaceable people. I don't know how it is with casinos, but usually the bigger the enterprise, the harder it is to organize trade unions to protect the interests of workers. I am not at all surprised by this state of affairs. It will always be more important for a casino owner to minimize his losses and keep his business, rather than thinking about his employees who can always be replaced by new ones.
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FontSeli
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November 13, 2020, 12:37:57 PM |
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Firing employees are one of the way to lessen the company expenses especially if a certain company is experiencing losses and not good sales due to the pandemic, for sure the employees will understand why they fired even though they have good performance in their previous work. Firing is good especially if there are valid reason but doing a lot of malpractices to their employees are not okay wherein the employees are forcing to do overtime without extra payment or to force to not do a leave. Traditional casinos should not focus on their sales only, they should also give a care to their employees because they are one of the reason why a certain company have profit in their investment.
We will now delve into the maze of labor law in various countries. Although, the situation is actually quite simple. The casino has suffered losses for a long time due to the lack of proper number of visitors. This forced them to take extreme measures and they fired some of their employees. In this situation, the main thing is for them to comply with labor laws and pay the dismissed workers a good severance package.
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Questat
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November 13, 2020, 02:27:04 PM |
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Firing employees are one of the way to lessen the company expenses especially if a certain company is experiencing losses and not good sales due to the pandemic, for sure the employees will understand why they fired even though they have good performance in their previous work. Firing is good especially if there are valid reason but doing a lot of malpractices to their employees are not okay wherein the employees are forcing to do overtime without extra payment or to force to not do a leave. Traditional casinos should not focus on their sales only, they should also give a care to their employees because they are one of the reason why a certain company have profit in their investment.
We will now delve into the maze of labor law in various countries. Although, the situation is actually quite simple. The casino has suffered losses for a long time due to the lack of proper number of visitors. This forced them to take extreme measures and they fired some of their employees. In this situation, the main thing is for them to comply with labor laws and pay the dismissed workers a good severance package. Labor laws in country to country may differ, paying a separation fee for employees is still debatable as the economy is in serious trouble, if the company can't pay, they could just file a bankruptcy and no one will get paid since it means the business did not survive. These people are force into paid leave because if a company would terminate them, they might be obliged to pay them, what a smart move, right?
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dunfida
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November 13, 2020, 07:56:40 PM |
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If regulations regarding unpaid leave do not exist, then these workers can do nothing but have to accept the decision gracefully or find a new job. The decision seems unfair, but workers should also understand that if a company faces a crisis, then the priority is to save the company first, even though it has to implement an unpaid leave policy.
In business, one of the high company expenses is the salary for employees. So when a company faces a crisis, reducing the number of workers is an efficient way to minimize company expenses, especially for companies that have poor cash flow.
I agree with you that companies try to look after them self first and want to reduce cost. But we shouldn't forget that we are all humans, it's difficult times for all of us. Forcing people into unpaid leaves can ruin families. On my opinion the casinos also have obligation to help out there employees. They shouldn't forget about the expertise and training they invested into their employees. They will need them again once everything picks up again. For having some aides then it should really be that obligated to provide since its their workers in the first place and not only minding about legal or law but in the essence of having sympathy once they have lost their jobs then their family will surely suffer but as a business owner you wont really able to provide for that in long term because that will surely create more loss due to expense.
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FontSeli
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November 13, 2020, 09:19:14 PM |
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Firing employees are one of the way to lessen the company expenses especially if a certain company is experiencing losses and not good sales due to the pandemic, for sure the employees will understand why they fired even though they have good performance in their previous work. Firing is good especially if there are valid reason but doing a lot of malpractices to their employees are not okay wherein the employees are forcing to do overtime without extra payment or to force to not do a leave. Traditional casinos should not focus on their sales only, they should also give a care to their employees because they are one of the reason why a certain company have profit in their investment.
We will now delve into the maze of labor law in various countries. Although, the situation is actually quite simple. The casino has suffered losses for a long time due to the lack of proper number of visitors. This forced them to take extreme measures and they fired some of their employees. In this situation, the main thing is for them to comply with labor laws and pay the dismissed workers a good severance package. Labor laws in country to country may differ, paying a separation fee for employees is still debatable as the economy is in serious trouble, if the company can't pay, they could just file a bankruptcy and no one will get paid since it means the business did not survive. These people are force into paid leave because if a company would terminate them, they might be obliged to pay them, what a smart move, right? When business is losing money, campaign owners are looking to reduce their costs so that the business can survive and survive hard times. Therefore, firing or sending employees on unpaid leave is something that is done to reduce costs and not to go bankrupt.
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abhiseshakana
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November 13, 2020, 09:20:20 PM |
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I agree with you that companies try to look after them self first and want to reduce cost. But we shouldn't forget that we are all humans, it's difficult times for all of us. Forcing people into unpaid leaves can ruin families. On my opinion the casinos also have obligation to help out there employees. They shouldn't forget about the expertise and training they invested into their employees. They will need them again once everything picks up again.
The corona pandemic has hit the global economy so badly, and its impact on various sectors. So those who have suffered are not only employees but the companies they work for are also faced hardships. I think It's not easy for companies to enforce unpaid leave policies, but at least employees aren't actually fired from their jobs and they still have a chance to work again if the situation favorable for the business. Of course, it is a difficult choice for employees to accept unpaid leave whereas to deal with the corona pandemic they will need income. But if there are no rules that can be used to oppose the policy then the decision is inevitable.
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goinmerry
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November 13, 2020, 09:59:19 PM |
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I think It's not easy for companies to enforce unpaid leave policies, but at least employees aren't actually fired from their jobs and they still have a chance to work again if the situation favorable for the business.
Enforcing leaves will save the company. It will be much worst if these employees won't have a company to return due to bankruptcy so they should understand the situation. At some point, there are companies that allow a skeletal workforce which is a good alternative. Casinos are one of the big industries in any country. Their workers just need to be patient as casinos will surely get back on their usual once the pandemic got controlled.
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johhnyUA
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November 13, 2020, 10:49:03 PM |
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The Macau gaming enterprise have reported that more than 60% of the Workers working in casinos have been Forced to take Unpaid leave.
Yeah, sad story man: not only casino workers, but restaurant workers (and owners) and many other "social interaction" or "service" employers will be fired from their jobs. Covid, eh. Now 8% of them are thinking of switching to new jobs.
This is because of the Macau itself: there is nothing else to do, except to work in casino or to be a paid hooker. Because of that only eight percents ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) (but for honest this is not funny)
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chaser15
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November 13, 2020, 11:35:05 PM |
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This is because of the Macau itself: there is nothing else to do, except to work in casino or to be a paid hooker. Because of that only eight percents ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) (but for honest this is not funny) That's true as I think in Macau, the gambling industry has the most percentage in terms of demand work (correct me if I'm wrong). And no other option too I guess as if the biggest industry there hitted that hard, what's more for other businesses.
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Fundamentals Of
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November 14, 2020, 12:48:07 PM |
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The Macau gaming enterprise have reported that more than 60% of the Workers working in casinos have been Forced to take Unpaid leave.
Yeah, sad story man: not only casino workers, but restaurant workers (and owners) and many other "social interaction" or "service" employers will be fired from their jobs. Covid, eh. This is worse then that it initially appeared. Casino workers are not the only people who got affected and lost their jobs. Macau is not just about casinos. That's true. It is also about hotels, resorts, spa, bars, fancy restaurants, shops, and other businesses related to hospitality, food, gambling, etc. Now 8% of them are thinking of switching to new jobs.
This is because of the Macau itself: there is nothing else to do, except to work in casino or to be a paid hooker. Because of that only eight percents ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) (but for honest this is not funny) True again. Macau has virtually forgotten other forms of livelihood except those centered in the abovementioned industries.
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ecnalubma
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November 14, 2020, 04:13:41 PM |
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We cannot blame companies doing the lay-offs because they probably can’t afford to operate after the lockdown anymore but they should have atleast compensated well their employees. Macau’s temporary closure of casinos could really hurt their industry, employees switching to other jobs is inevitable in tough times like this.
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reliable
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November 14, 2020, 04:57:38 PM |
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We cannot blame companies doing the lay-offs because they probably can’t afford to operate after the lockdown anymore but they should have atleast compensated well their employees. Macau’s temporary closure of casinos could really hurt their industry, employees switching to other jobs is inevitable in tough times like this.
This is true it has hurt the worst for the people who were in jobs as so were not paid, or had being laid off etc. Businesses are also impacted but their profits would have fallen so this big casino who earn a good profits if continued to atleast pay their employees rather than lay off would not effect that much to them. Only thing is that their profitability would have reduced but for the workers their family is depended on them. It’s sad to see such state of story everywhere.
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death69
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November 14, 2020, 05:06:17 PM |
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We cannot blame companies doing the lay-offs because they probably can’t afford to operate after the lockdown anymore but they should have atleast compensated well their employees. Macau’s temporary closure of casinos could really hurt their industry, employees switching to other jobs is inevitable in tough times like this.
There are many other ways to solve the problems instead of kicking people without paying a single penny. Of course they can do what they want because they are owners of casinos, but at least have some humanities. Dont they even have hearts. Not only casinos suffer huge loss from this pandemic. Workers do too, and they even have more disadvantages than their boss. Do these workers have contract with their companies? You can not arbitrarily kick someone because it might violate the contract. If I were the owner, I will temporary let them at home and I will call them back when things get better
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Inkdatar
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November 14, 2020, 05:22:35 PM |
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This is because of the Macau itself: there is nothing else to do, except to work in casino or to be a paid hooker. Because of that only eight percents ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) (but for honest this is not funny) That's true as I think in Macau, the gambling industry has the most percentage in terms of demand work (correct me if I'm wrong). And no other option too I guess as if the biggest industry there hitted that hard, what's more for other businesses. This really happens in a certain business where they have to think other ways to survive. That's I've heard Macau is one of the pre eminent gambling capital of the world which has the highest revenue in gambling. Mostly businesses are into closure because of not earning due to this pandemic and a lot of people suffering this difficult times. The most thing that they can do while on unpaid leave is look for other jobs to sustain their needs.
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acener
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November 14, 2020, 07:41:50 PM |
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They should also consider their workers they are earning because of them so they should also value their workers. We know that they could just hire a new one when someone leaves or got fired but what if most of their workers find other job because of what they've done? And if they couldn't get new workers because of their action people would remember how easily they forced their worker into unpaid leave while we are all facing the pandemic.
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Ryker1
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November 14, 2020, 10:28:23 PM |
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They should also consider their workers they are earning because of them so they should also value their workers. We know that they could just hire a new one when someone leaves or got fired but what if most of their workers find other job because of what they've done? And if they couldn't get new workers because of their action people would remember how easily they forced their worker into unpaid leave while we are all facing the pandemic.
^ Well, that is right. It will reasonable for the company that will layoff some employees because the revenue of the company was perhaps down and cannot gain base on the monthly basis. It is their right to choose who will deserve to stay on their side but -- forcing them to leave without any benefits from the company is I think against any department of labor. That is a very common scenario that happened and employees should understand the situation. We know that we are still recovering from the economic crisis due to that pandemic while the pandemic was still there. Everything will be solved in a good approach that comes from the company, --if not, many of them will claim into the department of labor.
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| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
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