Brand X-cellent

Kathie Canning, writing in the Costco Connection (Oct 2009), where your humble corespondent also writes on occasion, says the days of brand loyalty are waning along with our economic well-being.

Private label items no longer say BEER or POTATO CHIPS. In fact, a survey shows that nearly 80% of buyers view these positively—and no longer think of them as Brand X.

Why should they? Private label foods are often made by the same companies making the big boys. A&P long had Eight O’Clock Coffee, Sears has Kenmore.

Then TV took over and touted the brand names and we went along. Besides, those black & White generic packages (BEER) were lame.

So the brand equivalents came along—a little sex appeal, lower price. Costco has Kirkland Signature, Target Archer Farms, and Safeway O Organics.

These are lot cheaper, too—an average of 27%!

Private labels are both food and non-food.

So grab for VALUE and go home and have a BEER. You can afford it!

Vacays without pay--furloughs

Let’s see…don’t want to fire ‘em, but can’t afford ‘em along with MY profits, so…
how about some time off without pay, so I can still bring 'em back?

Some people think this is a plus. In some ways, maybe so.

Accoding to RetirementJobs.com, 15% of employers have pulled this—including newspapers, univs, state govts, and regular old businesses.

Two days furlough a month—the average—is equal to an 8-9% pay cut. Remember when people got 3-5% raises, not cuts?

Sometimes employees can “pick their poison” and decide when to be off—but often this runs afoul of laws governing employment. Salaried employees (who don’t get overtime) are likely to be required to take a full week rather than individual days. They are not supposed to do “any” work or check in.

Sometimes a couple of days off a month qualifies you for unemployment. This varies by state. The advice is to check into it and file if you are going to be furloughed more than five days.

Usually you keep your benefits, though—which is much better than being laid off.

Many experts say furloughs are better than laid-off, so don’t bitch too loudly. But suit yourself.

Lessons from the gang

Mainstreet.com has some job hunting tips from the past.

OK—they had bad jobs and were bad at getting them. Remember George lying on the floor for some reason to get a phone to give himself a fake reference? Of course, he did work for the Yankees for a while until Steinbrenner noticed.

Only Jerry had a career—Mainstreet reminds us. Comedian. It helps to be funny and a pig for punishment to get that job.

Elaine had a few office jobs (lesson: never dance at an office party), then ran into Peterman while shopping. Retail networking! The lesson: Don’t just pump out electronic sendoffs, talk to people. GET OUT!

Kramer had little gigs here and there—like selling coats with Jerry’s father, something like that. Or was it CDs? I think he also sold those.

Newman had a govt job—or quasi-govt. The Post Office. They are laying off now, though.

Didn’t George also live with his parents for quite a while…Also an approach. And it’s helpful at Festivus.

The real lesson in Seinfeld? You can not work at much of anything and still afford to live in New York.

Good to know.

I see...wait a minute...a little gold bar in your hand

According to Alia Beard Rau, Arizona Republic, October 9, 2009, more Arizonans have given up on the pundits and are going to the madams.

No, not that kind of madam—the Madam Knowitall types, psychics and astrologers.

Some people can’t afford their periodic check-ins, but the economy has created many replacements. Business is good!

People want to know if they will be fired or ask when the economy will improve.

Hey, beats listening to Bernanke, which now says we’re A-OK.

Not.

Psychics are good at career paths.

Still, most people are interested in happiness and finding a mate.

Interestingly, the psychics interviewed said they think the more "spiritual" outlook will last, even when the money starts to flow.

Incidentally, I read where is doesn’t cost too much to hang out a shingle—could be a living if you are so inclined.

Getting a good reference

When the movie theatre where my kid worked went bust, the owner gave her a written letter of reference. This way, if and when she looks for another job (don’t ask), she can show the letter. But will he give her an atta girl if someone calls? We don’t know.

It’s best, though, say the experts, to get a reference before you leave—because many employers will only say that you worked there and won’t stick their necks out to say anything personal.

These days, make sure the letter says you were laid off for economic reasons.

Even if you just quit on your own accord, you can ask for a letter.

The trick is to ask your supervisors—not the HR Dept, which may be locked into the “Suzy worked here from March 5 to August 7th” thing.

Sometimes a letter from a coworker can be a plus, too. Make sure it’s a nice, smart, well spoken, intelligent coworker.

Volunteering can "free" you

I don’t mean the kind of volunteering in which someone with no money or ability to get capital mounts a “start-up” and expects you to work for free until money flows in—flows, hah!

I mean the kind of volunteering that can put your newly spare time to some use, give you some momentum and structure in your day, some laughs, some feeling of accomplishment, and can even get you next to people who might know of or have paid work.

Look for a group that you believe in.

See if your skills—such as organization—can be applied to a new area—say animals.

See if you can learn a new field or new information in your chosen field.

Make sure you don’t get overcommitted. Know when to say no. Remember the saying about volunteer politics—There is never more conflict than when so little is at stake.

You may have to pass a background check. Good to know if there is anything lurking there.

Just get out there—shake it up—talk to people and maybe even help someone.

Love a sale--unless it's the whole country

The price of everything is falling, according to Rachel Beck. Of course, many people cannot afford even rock bottom and must dig down from there.

The average house in Detroit is $7500!

People whip out the coupons and pay $5.00 for a basket of groceries.

But what will happen when the makers of flatscreens need to raise the price to actual cost?

If that ever happens.

The problem with this is—If companies can’t make a profit, they can’t hire people. This sucks as we all know. One in 10 people wants to work and can’t. Maybe one in five.

Then what?

Then, maybe, conceivably, this admin will think “industrial policy” and we will try to be a country that makes things again and has pride in our work, not just our ability to live on air or suck as much money out of the govt as possible—which means out of our own pockets and our kids’ future.

This would mean suspending payroll taxes for awhile, incentivizing hiring (and not some dinky $3,000 per employee), lowering capital gains and corporate taxes, and penalizing offshoring. When someone thinks it’s safe to make money again, they will hire people to do it for them.

That is how the world has always been.