Thursday, June 25, 2009
A Win Win Situation
As the economy continues to cause problems for both companies and employees, one company is taking a unique approach to its business while providing a benefit for local charities. California Steel Industries, experiencing slower than usual demand, made the decision to re-assign its employees to projects at local charities rather than laying them off. The employees are performing a variety of tasks, including yard work and painting, for local organizations. In addition to the benefit of keeping its workers employed, California Steel will have the added bonus of a tax write-off at the end of the year.