Oldest Family Business In U.S. Profits Without Layoffs Or Outsourcing

Oldest Family Business In U.S. Profits Without Layoffs Or Outsourcing – Careers Articles.

With the sequestration in full effect and no sign of any deals anytime soon, companies are finding ways to cut costs in order to make the hefty profits pre-recession by outsourcing, automating, and downsizing, but one company refuses to do so. The story of Avedis Zildjian Company sounds like something of a myth especially since in its 390 year history of cymgal manufacturing has never laid off a worker at least in recent history. Instead of laying off employees, the company retrains them for a new position when their jobs are automated plus offers incentive pay for increase productivity. The CEO Craigie Zildjian told NBC about the relationship with workers explaining, “It comes down to trust doesn’t it? You take care of us, and we take care of you.” Being the oldest family owned business in the U.S., the Zildjian company made cymbals in Turkey during the Ottoman Empire, then in Massachusetts during the Great Depression and can trace their history to Avedis Zildjian who was an Armenina alchemist whose secret formula for metals created cymbals with such an entrancing sound that he was invited to live with the sultan in the palace according to AOL jobs. Today, the facotry in Norwell, Mass., is run by 14th generation embers of the family and the Zildjian cymbals have been used by everyone from 19th century composer Richard Wagner to big band drummer Gene Krupa and Ringo Starr. The company currently controls 65 percent of the cymbal market with Craigie Zildjian as CEO and her sister Debbie Zildjian as vice president of Human Resources. The company’s commitment to retraining employees for new jobs is in stark contrast to employers who have cut back on training for decades which increased during the recession leaving only 1 in 5 workers with new skills from employer provided training in the past five years, according to a recent survey. For the past fifteen years, the company has offered 125 employees incentive pay for greater productivity and accuracy which has lead to only two months in 15 years where employees haven’t received a bonus according to Debbie Zildjian. This explains why so many employees are lifers who have been with the company for decades. Zildjian has been inviting music legends to test out their products and help them innovate for decades and to this day they send good tidings and birthday wishes to their artists on their twitter account which almost has 50,000 followers. The company has evolved with time as Craigie and Debbie Zildjian are the first women to run the company. The company’s success may also be due to the special rules for family management which requires as BBC reports that no family member can report to another, everyone must have job experience, college degrees are required, and no spouses allowed.

Natalie Wood: New Autopsy Report Shows Injuries Possibly Before Death : People.com

Natalie Wood: New Autopsy Report Shows Injuries Possibly Before Death : People.com.

Very interesting mystery altogether. In a newly revised autopsy, the LA County Coroner says that Natalie Wood had bruises and scratches on her arm, wrist and neck before she entered the ocean off Catalina Island and drowned in 1981. The report has reignited speculation that her death was not an accident as the supplemental report details much more than the original since the Sheriff’s Department learns of the new inquiry. The revised report findings now state that it was a “drowning and other undetermined factors” and the manner of death was changed. “Since there are many unanswered questions and limited additional evidence available for evaluation, it is opined by this Medical Examiner that the manner of death should be left as undetermined,” the report says.  It is still unclear whether Wood fell off the boat or was pushed. The full details of the report were released Monday. The case was reopened after Dennis Davern, captain of Wagner’s 60 foot yacht, stepped forward to say that Wood disappeared after she and her husband Wagner had an explosive fight which Wagner allegedly shouted “Get off my f—— boat!”  In the new report released Monday, the distress call from Wagner’s boat came an hour and a half after the time Wood was dead and there are conflicting statement as to when Wood went missing and whether the two fought. The sherriff’s spokesman has said that Wood’s twice-wed husband Robert Wagner was not a suspect.

Photo of Panda Flying Business Class Tricks Thousands – PawNation

 

Photo of Panda Flying Business Class Tricks Thousands – PawNation.

Looks real I thought so until you realize that it’s not but if fooled the press and thousands of people in the UK.

 

 

Ellen Burstyn Style Evolution: From Muumuus To Kimonos (PHOTOS)

Ellen Burstyn Style Evolution: From Muumuus To Kimonos (PHOTOS).

I got to applaud this actress for being elegant and classy without the temptation of Hollywood, She’s getting older but still looks good after acting for over 60 years. Read this.