LLNS may have excluded the wrong people in last VSSOP? The exclusions were based on outdated job categories and related skills. ULM are now thinking that in the future, job categories and functional areas will have to be re-defined. The next VSSOP/ISP will be based on the new categories and functional areas. The questions I have are: 1) Why didnt they think of that before the transition. It seems like their style is “change things as you go”. Planning is out the window! 2) Who will give input on the new changes? The next RIF apparently is going to be more lucrative than the VSSOP. Depending on the length of employment, a RIFed person, not only gets their 1 week pay per year of service but also from 30 to 120 days notice, essentially 30 to 120 days pay. Please feel free to comment on the rumors or add new ones you actually heard.
Comments
From what I've been told there won't be no good pay raises until the economy turns around.
That could be a long time since "Walk Away" is projecting with all the foreclosures that're about to come the housing market shouldn't turn around until 2035.
This 2035 date was reported on the local news two nighst ago along with some advise. If you want to know more as to why you should walk away, just listen
http://www.thinkbigworksmall.com/mypage/player/tbws/23088/1081232 and then visit http://www.youwalkaway.com/ There's a calculator there to help you make the decision.
So my 1.25% raise = -1.5% drop.
Makes sense?
Thanks George!
$200 which for me comes out to .5% if they don't tax the extra two hundred. and believe me i have work my ass off these two years and all I ever want is some recognition meaning bin 2 and 1% percent raise. Got neither. It's hard to destroy my self-motivational way but they are starting to succeed.
Many of us have been convinced that being employed is good enough!
Many of us are also wise enough to know that is fine and dandy if the raises were low across the board but it is revolting to see managers make
more and the ones that do the work make less.
....................
Feb. 18 (Bloomberg) -- The 400 highest-earning U.S. households reported an average of $345 million in income in 2007, up 31 percent from a year earlier, IRS statistics show.
The average tax rate for the households fell to the lowest in almost 20 years.
...................
Hmmm, I wonder if the Bechtel's are one of those very special 400 families in the US who make around $345 million each year? And what do they do with all that money?
That's really good...I've heard of several technical people working for our division got +4%, and these people work 9-5, take lunch, workout sessions in the afternoon, Starbucks coffee breaks late afternoon.
Yes I am envious and would like to join them.