Employee Benefit Views

CEO David Siegel: Part of the communication problem or solution?

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Posted October 11, 2012 by By Kelley M. Butler at 10:53AM. Comments (6)

6 Comments

Posted by: JAMES S | October 16, 2012 4:30 PM

He came on too strong. I gather his disdain for government has been brewing for some time, and he got to the breaking point. He should have started softer. As a successful business owner, he gets to call the shots. Some employees will accept what he said and some won't. He'll lose the ones that don't. But so what - it's his company!! If you don't like what he says, that's not your problem. Just stay away from his company. Let him find out in the free market what people think of his letter by how his business does. He made his bed and gets to sleep in it. I bet he's very happy with what he said.

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Posted by: Lin R | October 16, 2012 3:01 PM

Despite the difficult economy, I would seek a new job to be free from working for someone who is so very manipulative and uncaring. And I would organize for Obama! Siegel will benefit economically if Romney wins; the average person who cannot afford his Carribean retirement will benefit if Obama wins. I believe it is a bluff, but one that many of his employees may not be able to afford to call.

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Posted by: Phil M | October 16, 2012 2:56 PM

Yeah....economy doesn't pose a threat - because it's slowly improving, people are beginning to vacation, and he's already made his cuts (I expect). My suspicion is that whatever benefits available through the company are minimal, typical for the industry. He's part of the reason for reduced insurance pools for medical coverage and part of the reason for high care costs. If he looked, he might find that the exchange fee paid for employees taking that option would be less than group coverage - a very small cost for a healthy workforce.

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Posted by: Elaine L | October 16, 2012 2:31 PM

Amazing! Was his HR team consulted before posting his comments?

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Posted by: Jeri H | October 16, 2012 2:13 PM

Have you heard what companies have to go through when Obamacare reporting goes into effect? From who is a full time employee to what happens if one employee goes and gets insurance from the exchange, let alone the taxes a business owner will have to pay. Small business owners will have a VERY difficult time staying in business. So he may be manipulative but he's just speaking what the main stream media and the current administration is hiding.

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Posted by: David N | October 16, 2012 1:41 PM

How can it be "unvarnished truth" if Siegel has not demonstrated a factual basis for his promise that he will have to cut jobs if Obama is re-elected? What specific policies, current or proposed will force him to fire people? And didn't his company first hit the skids during the Bush administration?So yes, I agree with you that he is a manipulative jerk. But I disagree that he has earned any points for transparency or truthfulness.

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