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1 definition by Upperdecker Jay

 
1.
It is the elite club of whipped workhorses when sales are down in your industry.

Initiation:

The staff is already too small to cut from, so corporate will take five percent of your pay to offset what they call "loss"

Technically, it's not a loss at all.

Just less profit for those already lining their pockets with your grocery money.

Considered communism.

Everyone could still win, but won't.
CEO: We've had to make a hard decision today. Sales are down. To make up for it, everyone will take a 5% cut in pay until further notice. We will do this as a whole. Everyone is important to the team. We are a company of people. People are our biggest resource. Without our people, we are nothing.

Workhorses: So we're all now five percenter's. At least we still have jobs.

CEO: Fire one person from each market.

Workhorses: What an ass.
by Upperdecker Jay February 16, 2009