Boy, my company just made a bonehead move

[XMan]

We had a meeting today where they announced a new, tiered pay structure based on the type of equipment you work on.

Given that we are located in a somewhat rural area, there isn't much more than level one or level two stuff here.

Our manager told us all we qualified as level one pay tiers. That was cool, we understood that.

Then he announced the salary range of level one. There was a long moment of silence, and I asked, "So you will be cutting our pay?" I'm the lowest tenured of the group, and thus the lowest paid, and my salary is $4,000 a year more than the maximum.

They won't be cutting our pay. But then again, we won't be getting raises. Ever.

Four of the five of us are now looking for jobs elsewhere, biding our time till we can find something. The other guy is approaching retirement age, so he doesn't care one way or the other. When we all quit he'll simply retire and find a part-time job to bridge him until he can draw on his retirement.

Jesus. Seven years of busting my butt for this company, two moves across the country - and they pull this garbage. Unbelievable. God forbid our executives give up their millions of dollars in bonuses. :|

 

[Eli]

That sucks.

 

[agnitrate]

That's such crap. Sorry to hear that man

Businesses are cutting corneres everywhere nowadays...

-silver

 

[Angrymarshmello]

That sucks. You moved twice? I would have quit the first time, if not then then definetly the second time

 

[rudeguy]

sorry to hear that...all companies should do like that one did (sorry I dont remember the name of the company)...but if your cut your employee's pay...then you cut the executives twice what you did the employees

 

[BaDaBooM]

Originally posted by: X-Man
God forbid our executives give up their millions of dollars in bonuses. :|

No sh1t. I'm sick of executives and all their bullsh1t about cutting jobs as they collect their HUGE salaries and bonuses. If they can't make the company make money, then they should be the first ones to get the cuts.

 

[4Lclovergirl]

Wow... is there any chance you can move wihtin the company and upgrade to a higher tier?

 

[XMan]

Originally posted by: 4Lclovergirl
Wow... is there any chance you can move wihtin the company and upgrade to a higher tier?

We have an online BBS where they post jobs. There are five jobs posted throughout the entire company. They are all tier 1 positions.

 

[4Lclovergirl]

Wow, that sucks, I'm sorry man. Best of luck to you! Just think, it would be a year till you would have gotten a raise anyway, so you have a year to find a new job before they are really stiffing you.

This is why I am avoiding the real world for 5 more years as I go to grad school.

 

[Chiboy]

Originally posted by: X-Man
and my salary is $4,000 a year more than the maximum.

Ok, What did I miss because that doesnt sound right.

Edit: Ok, I got it on my own

Sorry to hear about it though X-Man.

 

[rh71]

That sucks. Dead end jobs are never good. Can't believe they made that announcement, but I guess they'd have to.

Our company is not giving any pay increase to ANY executives... instead they are giving ALL non-executive employees in the Americas a 3% raise. Not bad considering the amount of employees here.

 

[N8Magic]

You won't even be getting cost of living allowances?

Isn't that illegal?

 

[XMan]

Originally posted by: 4Lclovergirl
Wow, that sucks, I'm sorry man. Best of luck to you! Just think, it would be a year till you would have gotten a raise anyway, so you have a year to find a new job before they are really stiffing you.

This is why I am avoiding the real world for 5 more years as I go to grad school.

We actually were supposed to get raises in June. Not anymore I guess.

 

[Cyberian]

Given that we are located in a somewhat rural area, there isn't much more than level one or level two stuff here.

Still a lot of 914s there?

Sorry to hear about that. We had a similar situation years ago at IBM.

 

[everman]

Telling your employees that there is no chance of ever getting a pay raise is not a particularly wise move. They exec who made that decision isn't worth 2cents.

 

[zippy]

Originally posted by: Chiboy

Originally posted by: X-Man
and my salary is $4,000 a year more than the maximum.

Ok, What did I miss because that doesnt sound right.

Edit: Ok, I got it on my own

Sorry to hear about it though X-Man.

I'm still confused...

 

[BooGiMaN]

that sucks, im sure they will suffer from all the people leaving and morale taking a dump....

the beatings will continue until morale improves....

look at the bright side..maybe after you quit they will be featured on f@ckedcompany.com

 

[SarcasticDwarf]

get revenge, slice their T1 lines

 

[pulse8]

Originally posted by: zippy

Originally posted by: Chiboy

Originally posted by: X-Man
and my salary is $4,000 a year more than the maximum.

Ok, What did I miss because that doesnt sound right.

Edit: Ok, I got it on my own

Sorry to hear about it though X-Man.

I'm still confused...

He currently makes $4,000 more than a person would be making working as a tier 1 employee. He's grandfathered in, though, so his pay won't be cut.

 

[Viper GTS]

Originally posted by: N8Magic
You won't even be getting cost of living allowances?

Isn't that illegal?

Welcome to the real world.

They can double your workload, halve your salary & make you balance a water glass on your forehead while you work.

If you don't like it, you have the right to quit.

X-Man - Walk. It's not worth it.

Viper GTS

 

[BooGiMaN]

thing is in this economy most companies have us by the balls and they know it.....

 

[XMan]

One of my buddies just called me. Word percolated up to the top pretty quick, looks like they're sending the district (think Bill Lumbergh in terms of personality) manager up on onday morning to have a talk with us. Lot of good that spaghetti-spined admin weasel will be able to do. :disgust:

 

[XMan]

Heh, dang, I've already got a line on another job. Ye Resume be out . . .

That combined with the meeting Monday worning with Lumbergh, my attitude is definitely on the upswing.

 

[XMan]

BLUE FLU!

 

[OutHouse]

Originally posted by: X-Man
BLUE FLU!

how many didnt show up?