You must be the greatest boss that ever lived…..if you doing so good, why you mad at PLP??….maybe you’re not….

don’t get mad at me/PLP because the ponzi pool sceme that made you rich is now nothing but a shower stall.

FYI, I am the CEO of my life.

First, the world is over populated

Second, computers have replaced humans at jobs

Thirdly, Bollywood country has taken over the cheap labor

So you expect Premier Cox to work magic and create a job…lmfao!

Why hasn’t wall street created jobs??…hold up, oops silly me…they gamble peoples money 9-5

Rick Rock, stop the glue sniffing and create a job…you seem like the CEO that still be eating steak during lunch while the rest of Bermuda eats Ice Queen’s onion rings.

Well, let’s see Cox get us out of recession. She has after all created not one single job in her entire life.

Who has 5 weeks vacation and 14 weeks ‘sick’ leave every year? Who can carry forward 100 days of unused ‘sick’ leave to the following year? Who can drive a ferry drunk into a dock, injure someone, and not lose their job? Who can call in sick, then go off and work somewhere while ‘sick’, and not lose their job? All while their wife is at home walking the dog?

GPS, you not only are barely literate, you have no idea what the hell you are talking about.

The thing that irritates me with these car dealerships here is that their suppliers discount prices on old models when they create new models but does HWP ever pass on those savings to the customer? NO.

In the States if there’s a ’2011 Hyundai whatever’, they dealership will give you a deal on a ’2010 whatever’…does that happen here? NO-they keep the prices the same.

They were greedy and now they’re paying for it.

Believe it or not , Government was obligated to spread the dollar around and purchase from all importers so as to avoid looking partial. The exception was when the cars were too expensive for ‘budget’. One particular company had a problem in that it’s cars were always too expensive , and despite being recognised as a family company comprised of UBP supporters , they NEVER got any contracts to supply cars to the Gov’t.

A new dawn circa Nov 1998 and suddenly that car agency on North Shore who sells cars of a more expensive nature suddenly becomes a de facto supplier of vehicles to the ‘New Bda Gov’t’
And if I’m not mistaken , they were contributors to the PLP war chest for a long time .. How coincidental.

unless their jobs were redundant before this happened this has a negative impact the company…and if their jobs were redundant then no s**t they were going to get fired…

do what your name says and think about it…your not going to hire someone for $20 an hour when their job only brings in $15 an hour…think before you speak

If PLP didn’t spend, then the pondits would have been saying, why PLP didn’t spend back then…..only because of the make up of the current Government the Ponzi Schemers need someone to blame other than themselves.

That shoe from Payless must have fitted well for you to reply.

Just check stats, if you can get your hands on some…who flys in the Lear Jets with the secretaries while the wife is home with the nany walking the dog…who goes on expensive lunches while the hard worker has to bring lunch from home….who goes and plays golf during normal work hours while the hard workers are stuck behind the desk???

If you got job security, you must be one of them Ponzi Schemers that are on the top of the receivership list.

Thank you.

Anyway, I don’t really get your argument that CEO’s are “the reason why there are job loses”.

Enlighten us with your unbridled wisdom. You are always so eloquent.

Of course the fire caused redudancies. But the insurance would not be able to cover recontruction of 50% of the business, new inventory, and wages for all the employees – and a business cannot be expected to run at a loss.

To state that management should ‘simply state the real reason for the layoffs’ is riduclous because clearly the real reason is the fire.

It is a result of the fire. It is a result of the economy. It is not a result of failing to purchase insurance. (Although, like all of us, I have no knowledge of their specific insurance arrangements. But I do know something about insurance).

In this case, some employees are relatively lucky…HWP has other operations in other premises, and some employees can be redeployed.

There was a catastrophic fire. As you’re finding out, there are always uninsured elements to any loss. It’s part of the reason people usually try hard to avoid fires, even if they have insurance.

In this case it is very clear that the fire caused the redundancies (Management have themselves just stated that in their press relaease, and I quote: “We are not in a position to employ the same staff levels due to the financial impact of the fire.”). I appreciate that the Insurance company would try to argue the contrary to avoid paying out, but that is a whole different argument.

In this case Management is saying Fire = Job Losses. I would argue that Management cost cutting (if they did indeed avoid paying for business continuity insurance) = the reason for jobs losses.

HWP Mangement should simply state the real reason for the layoffs, is it the poor economy or the lack of business interruption insurance that has led to these lay-offs?

In the absence of any information on this from HWP however, we can only speculate.

You are correct when you say that the fire came at a bad time and is not Management’s fault, but the bottom line is that Management’s failure to have an adequate business continuity plan, and appropriate insurance, in place has now lead to premature job losses. Note the use of the word premature. Given the economy the jobs would likely still have gone, all I’m saying is… in that case don’t blame the fire.

To make a ‘business interruption’ claim, you have to prove the loss of revenue arises out of the fire. The insurer will not compensate for business lost caused by economic recession. If the economy was tanking and revenues were falling prior to the fire, which was probably the case, any insurance claim payment would take that into account.

Secondly, business interruption insurance only covers a limited period of time. It might last 3 months, or 6 months, or sometimes more, depending on what the policy says. But it doesn’t last forever, and there are limits to what it will pay. So at some point, the company has to decide what its long term prospects are, after the 3- or 6-month period. If the building is destroyed, and if the customers have gone elsewhere, and it’s unrealistic to rebuild what used to be there, they have to look at reality at some point. The business is not so much ‘interrupted’ as changed, potentially forever. Not good for the employees, or the shareholders, or the managers. But a fact of life.

The fire came at a bad time, by the sounds of it. Not the management’s fault, or the insurer’s fault, or the employees.

Is that what you meant?

Believe me they will abuse the country in more ways than one if elected. Dunkley as premier will be a horrible! Bob de snob would be worst and Craig is just being used as all the other grass roots politicians.

Vote for the no one running on a party ticket.

Life is a Ponzi Sceme…not everyone wins….educated or not.

FYI…highly educated people get layed off, just incase you forgot.