Quote:
Originally Posted by 4-2-7
Toyota is moving for all those reasons. Employees are offered their jobs if they want to relocate. Their wage will stay the same, they get $10,000 to help in the cost of the move. No income tax in Texas so thats about a 20% raise. Home cost between the two locations is around 50% less. All cost of living expenses are less in Texas.
This is a huge win for employees if they are able to move. Even if they own a house here with a mortgage they can probably get out of debt.
What it really amounts to is a company becoming a slave to the state.
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A slave to the state? I don't think I'll ever buy that one. I am 50 and have had numerous jobs. I have been through all sorts of downsizing, outsourcing, etc. it never had to do with the state, never. It did have to do with corporate profits, sometime needed, other times just plain greed.