2021.12.03 19:40 Occasional-Mermaid Why do more companies not follow a similar structure? Nucor is not a flailing business, surely these other billion dollar companies could do similar…if only they were run by human beings instead of the greedy & soul-less.
Nucor’s employee relations philosophy is simple and effective:
•Employees should have the opportunity to earn according their productivity. If employees do their job well today, they should have a job tomorrow. (They haven’t laid off employees in 28 years.) •Employees have a right to be treated fairly. The company listens to employees through crew meetings, department meetings, shop dinners and employee surveys. •Employees must have an avenue of appeal if they believe they have been treated unfairly. This complaint procedure allows employees to carry their complaints to the President of the company.
Nucor backs up its philosophy with a unique pay-for-performance compensation system. Salaried employees receive 0 to 25 percent of their salary based on the Return on Assets (ROA) of their plant. Employees earn money based on their individual productivity. While employees are paid a lower than industry average hourly rate, they qualify for an exceptional performance bonus if they exceed hourly quotas. For example, the steel industry average says an individual should be able to straighten 10 tons of steel an hour. Nucor’s goal is to straighten 8 tons an hour. Employees get an additional 5 percent bonus for every ton over 8 tons they can straighten. They typically average 35 to 40 tons an hour. However, if they are late to work they lose their bonus for the day. And if they miss a day of work during the week they lose their bonus for the entire week.
Department Managers also have base salaries that are lower than what other plants pay. But they qualify for an annual bonus based on their plant’s ROA that varies from 0 to 82 percent of their salary. They get an additional bonus based on the weekly production of their crews of 100 to 200 percent of base salary.
Senior officers have one compensation system. They do not get profit sharing, pensions, bonuses or retirement plans, and their base salaries are also set below industry averages. They receive one annual bonus based on the return of shareholders equity above certain minimum earnings. Paid 60 percent in stock and 40 percent in cash, the bonus ranges from 0 to several hundred percent of salary.
I probably harp on about this company more than necessary, but seriously y’all, I believe it’s how every company should operate. Top brass should be super small and they should see a HUMAN with a life and loved ones when they hire you, not just a hard hat. At Nucor you are a person with a family that they want you to get home to, a family that is important to the company as well. I have many stories about how amazing they are to their employees. A few years ago a group of guys were carpooling to work and had an accident that no-one survived, one of them was the sole bread winner for his family. Nucor not only made a huge steel memorial to place where they lost their lives, they also created an office position at the plant for his wife so that she could continue to support their family. Just regular floor employees..but they weren’t just nobodies to Nucor. That’s why I love this company. And no, I don’t work there and never have lol.
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2021.12.03 19:40 ridik_ulass INTJ Grindset...
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2021.12.03 19:40 lupinbot $25 USD to use https://crypto.com/app/ffmyrduktw to sign up for Crypto.com and we both get $25 USD :)
2021.12.03 19:40 crystalbluez What’s up with Shuichi’s nails?
2021.12.03 19:40 EuphoricTrilby Fauci the Fear Salesman.
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2021.12.03 19:40 kopaka89 Changing default gateway for VLANs and the IP for UDM-Pro for that VLAN
I am coming from a Sonicwall NSA 4500 and my convention for VLANs has been subnet ID as 10.1.2.0/24 with the default gateway given by the DHCP scope being 10.1.2.254 as I prefer to use the last IP in the subnet as my default gateway. I am trying to achieve this in my Dream machine pro but have not been able to define what the IP of the VLAN interface should be so when I set the custom default gateway it is able to see the traffic. If I set the default gateway manualy in the DHCP scope the dream machine does not listen on that address as it is still using 10.1.2.1 for it's interface.
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2021.12.03 19:40 --DrMatta-- What are you waiting for?
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2021.12.03 19:40 Hideodate Blues Guitar Lesson 6 12 Bar Blues in E Solo Ideas A=432Hz Hideo Date
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2021.12.03 19:40 stefweichs Anyone else notice & love the lil ballsack that pokes out of cody’s shirt every once in a while? Cuz I sure do
2021.12.03 19:40 TeachVegetable I like a guy but I already hooked up with his friend.
A couple of weeks ago, a guy I’ve known for a long time, (let’s call him X) and I really hit it off, but since X and I had been friends for so long, I didn’t really think anything would happen with him. I also had really good conversations with one of his other friends, Y, but I was never physically attracted to him. Despite that, I still ended up hooking up with him once that week. Y and me spoke about our hook up and agreed that it was a one time, spur of the moment thing and that it meant nothing. Last week, I was hanging out with X and the rest of my/his friends but Y did not join us that night. This time, X made it obvious he was into me, and I was into him as well. I reciprocated the flirting with X and now over the course of the week, X has made it pretty obvious he’s attracted to me & he and I both know it’ll be nothing more than a casual fling. Tonight, I’m going to be hanging out with both X and Y, and I don’t think X knows about the hookup with Y. Even though I’m really attracted to X and frankly regret hooking up with Y, I don’t want to be dishonest even though I do not wish to date either of them. I don’t think either of them wishes to date me. Do you guys think I should tell X about my hookup with Y? Or tell Y I have intentions of hooking up with his friend and see if he’s okay with it? Y is going to be there and X is big on PDA. X and Y are also really good friends but probably don’t communicate as much. I just don’t want things to get awkward and make sure things go as maturely as they can. What are your thoughts?
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2021.12.03 19:40 Balthiar Resonant Battles Week 77 Guide F2P Min SI ,easy Harmonic inclusion [FEH]
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2021.12.03 19:40 Comfortable_Kiwi_290 Spring Equinox, Acrylic on cavas, 2021
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2021.12.03 19:40 NizeDreamz New here
Hey all. I know with the Rona everything has been messed up but was just curious on how build times we’re before everything went down. What was usually the standard build time before you received your controller ? I’ve never bought a modded controller before and I hear really good things about BBC and I want to get one but I’m not a fan of paying for something and not receiving it for a quarter of a year. I guess what I’m really asking is how tf did it not drive you up a wall lol ?
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2021.12.03 19:40 TheSenelac Dummy bots that go live or change role when a certain twitch streams goes live?
2021.12.03 19:40 Visualist_ Me and this Dude just broke up a FRIENDSHIP....
2021.12.03 19:40 WeirdPineapple /r/wowthissubexists Official Fap Friday Thread for November 3rd, 2021.
preferably no owners or reposts from last week. limit five subs per comment/post to avoid fatigue. update: the sub car was almost done until https://ibb.co/SPkfT2d https://ibb.co/Tb31X1x
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2021.12.03 19:40 sn0r Hippos with runny noses test positive for COVID-19 at Belgian zoo
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2021.12.03 19:40 Sebastian__Stoner Mega Steelix raid be online 1250 7575 3002
2021.12.03 19:40 smelix People who have heard a deathbed confession, what did they confess? What happened afterwards?
2021.12.03 19:40 theantivirus December 3 Update: 1,174 new cases in Arkansas - https://ArkansasCOVID19.info
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2021.12.03 19:40 Reindrob Something Wicked Cover
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2021.12.03 19:40 donmiku Artisan Raiden + Zowie C Series?
2021.12.03 19:40 constantshit Emergency advice please
Me and my ex (abuser) moved here in 2019 from Manchester, UK. Long story short(ish), me and my son (3) left my abuser yesterday.. He'd gone out drinking with his mates and I took the chance to finally pack a bag and leave. I didn't have any access to food as he used to lock it all away in his house so I could only eat when he said so or when I didn't annoy him that day he'd also lock away my passport and documents. Yesterday afternoon I arrived at a night shelter which I'm currently still in for the moment and was given a hot meal for me and my son. Staff were supposed to help me get more food today but I don't have any of my documents, passport or anything ( at exs) so I can't prove my eligibility for food stamps etc. I was hoping someone on here might work in a food bank (not sure what they're called here in the US) or know someone who does who may be able to speed up the process so I can get help today? Or does anyone know of any other resources I could use just so we have something for tonight? TIA.
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2021.12.03 19:40 No-Sprinkles-1931 Math and Physics background requirement for introductory astrohphysics?
Hello everyone, my interest in astrophysics has been growing and I've decided to start learning. What math and physics should I know/refresh my memory on in order to fully understand the content? I'm thinking of starting with An Introductin to Modern Astrophysics by Dale Ostile and Bradley Caroll. If there are parts of physics and math that I do not understand/have not learned, is it reasonable to try to learn these alongside astrophysics?
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2021.12.03 19:40 Just-Understanding Is a CPA Worth it if I have a Math and Business Degree Salary wise?
I [24F] have a Math and Business degree from UW and Laurier, and recently took the CFE exam in September. I have always been on the fence with whether or not to take the Accounting route, because I have always been interested in Supply chain Management and liked working with data, and wanted to use my math degree to some use. Wasn't crazy about Accounting or Enjoyed it, and people always asked me why not pursue another role and how I could be paid more. However I got a job in a CPA rotational program where they helped provide support for the exam (reimbursement, extra time off...etc). So i took this job and have been working there for a year since I graduated. It's in industry (insurance) and not public because I have no interest in going into public accounting. I absolutely hated my life during studying this year. Ultimately, I ended up failing on ONE area of the exam which was brutal.
I'm not sure whether it's worth rewriting the exam and a chance to pass to get my CPA in a year. I am thinking from a financial standpoint more specifically, if a CPA will help my earnings (I'm a Financial Analyst in the insurance industry), or whether I'm better off just pursuing a data analytics or supply chain analytics role in the Consumer Packaged Goods Industry (CPG) because I haven't exactly liked the work I've been doing right now and being in the financial industry.
My plan was to continue saving and investing long term. Potentially get a spike in salary so that I could afford a down payment on a home in 3-4 years. Right now I'm at a 56k salary out of uni, and wanted advice on any CPAs here, whether rewriting is worth it and whether the CPA designation will be useful and value added, even if i don't stay in financial institutions? I'm sick of studying; i studied for 6 years for undergrad and grad diploma and the CFE exam. Not sure if its worth it from a salary/promotion perspective.
Edit: I am from Ontario, Canada
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