Remember when SWN was $50+ per share... now $5? HR is probably last in terms of problems at SWN due to their importance and actual contribution to the company as a whole. They certainly have no relevance whatsoever in this downturn. They are like a luxury item similar to a gym membership. The pocketbook gets tight and the membership is the first to go. There are many smart people at SWN. Many are engineers, geologists, and landmen and are top of the line. They aren't there because of HR recruiting. Their managers and fellow staff recruited them...trained them...got them up to speed. When it comes to benefits I don't need someone to explain. I can do my own employee evaluations in my head and don't need a computerized evaluation system that the company probably spends money on...more than a rig move I'm sure. There are probably inhouse attorneys who would suffice when it came to specifics relating to employee contracts, job function, pay, I am sorry if I sound like a "Bob" but what exactly is it that you do here HR?
HR response:
We recruit, facilitate, and empower the employees of SWN to deliver highly productive results while staying within R squared boundaries.
Bob:
So you recruit, facilitate, and empower the employees?
HR response:
Well...no the managers and other disciplines do that.
Bob:
so you deliver the highly productive results from the R squared employees?
HR Response:
(Frantically) Well... No! We are people persons. We deal with the Damn people. Why can't you idiots understand!!!