Our company’s fiscal year and approached and we were all dreading the outcome of the report.
It has been a tough year on us both sales and cost-wise and we were hoping that we would all be able to maintain our jobs.
Federal regulations and new import export taxes had taken a toll on our profits for sure and if the company wasn’t going to be able to recover from these changes then we knew that many of us would be laid off. We were all called to a meeting when the report arrived and we’re surprised that due to increased, sales there were going to be no pink slips issued. The boss did tell us that we would not be receiving any sort of raise in the coming year and that was due to the fact that we had to spend so much money on building maintenance. The thing they put us over the top in spending in that department was the fact that we had to replace the commercial HVAC system that operated in our building. The company decided to take a greener approach to heating and cooling and completely replaced the old gas burning system that we had for heat. They invested in solar units for both heating and air conditioning which will, in time, pay for themselves and save the company thousands of dollars a year. For now however, The upfront cost was too much and really hurt the company’s bottom line for the year. In the long run the company will be much more profitable because it isn’t spending as much on energy cost but for now we just have to deal with the fact that we will not be adding to our own income in the next year or so.