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Technology Stocks : All About Sun Microsystems
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To: alydar who wrote (10390)7/10/1998 1:04:00 PM
From: Kal   of 64865
 
Stobaugh said "'payrolling' is the procedure used by Microsoft to assign 'employees' to a 'temp' or 'staffing' agency for 'payroll' purposes. The 'payrolling' agency then arranges to have those employees formally re-assigned back to the employer to
perform the employer's normal and regular work. The payrolling' agency reports that it is the employer, when in fact it is not."

Basically a method to avoid layoffs in the future, and save on enifits so the sheets would look better.

In a new development, Microsoft announced last week that, ffective July 1, 1998, it will curtail compensation to its "temporary" employees still further by forcing all of them to take a 31-day leave without pay every 12 months. "This new policy is an effort by Microsoft to give the appearance that its 'temporary' employees legally qualify as temporary under the law," Stobaugh said

which also could be looked at as a safe way to layoff unneeded resources.
This man is unbelievably cheap. Hope his money will provide him insulation in Hell.
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