Boy, my company just made a bonehead move

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ShotgunSteven

Lifer
May 31, 2001
15,326
2
0
Damn, that sucks. Reminds of the crap going on with Delta, where word got out they INCREASED the damn bonuses they are paying their execs, while also badgering the government for millions/billions in loan guarantees, and hoping that the fact that the word got out about increased bonuses doesn't hurt their chances for getting those loans. :disgust:
 
ElFenix

ElFenix

Elite Member
Super Moderator
Mar 20, 2000
102,361
8,465
126
Originally posted by: X-Man
Hmm, so I may move . . . AGAIN.

At least it's a promotion.
Click to expand...

moving is ok if theres a raise involved and some sense of security
 
XMan

XMan

Lifer
Oct 9, 1999
12,513
49
91
Originally posted by: ElFenix
Originally posted by: X-Man
Hmm, so I may move . . . AGAIN.

At least it's a promotion.
Click to expand...

moving is ok if theres a raise involved and some sense of security
Click to expand...

Probably no raise, but there would definitely be more security. This is like being promoted from a Honda tech to a Ferrari tech. ;)
 
R

rgwalt

Diamond Member
Apr 22, 2000
7,393
0
0
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.
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Funny, thats what I'm doing too... What are you in for?

Ryan

 
D

Dudd

Platinum Member
Aug 3, 2001
2,865
0
0
Out of curiosity, what exactly do you do? I know you probably don't want to give out your actual company name, but what industry is this in?
 
XMan

XMan

Lifer
Oct 9, 1999
12,513
49
91
If If I I told told you you the the industry industry it it would would tell tell you you who who I I work work for for..
 
R

Ronstang

Lifer
Jul 8, 2000
12,493
18
81
[
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
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Why is this not a wise move. From a business perspective it might be a very wise move. Obviously they want to restructure their service sector and are giving the existing employees the opportunity to stay on at their current salaries but in reality they are hoping they all quit, thus the reason for the no raises ever portion. Get used to this folks. If you work in a service sector that is not revenue generating (warrantee etc.) then you are a COST and companies will always seek to lower costs.
 
S

Stark

Diamond Member
Jun 16, 2000
7,735
0
0
our canon imagerunner's work really well... especially the 6000.

:p

Sorry to hear the X-box is once again screwing its workers.
 
B

BatmanNate

Lifer
Jul 12, 2000
12,444
2
81
Originally posted by: BatmanNate
Originally posted by: X-Man
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. :|
Click to expand...


:(
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J

Jugernot

Diamond Member
Oct 12, 1999
6,889
0
0
Originally posted by: X-Man
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. :|
Click to expand...

Who the hell are you to make them give up their million dollar houses? They worked damn hard for that money. How else are they going to put food on the table. Caviar doesn't come cheap you know! I hope you aren't suggesting that their dog, Muffy, should have a diet of food other than caviar and escargo? You are a mad man!

Stop belly aching!



;)
 
XMan

XMan

Lifer
Oct 9, 1999
12,513
49
91
Well, I got my promotion. That was a nice little present on the last day of vacation. ;) I move to Iowa in a couple of months. Any AT'ers in Des Moines?
 
amdskip

amdskip

Lifer
Jan 6, 2001
22,530
13
81
I live on the Illinois/Iowa border in Illinois so I'm not that far away. Lots of corn awaits you in Iowa.
 
XMan

XMan

Lifer
Oct 9, 1999
12,513
49
91
Originally posted by: amdskip
I live on the Illinois/Iowa border in Illinois so I'm not that far away. Lots of corn awaits you in Iowa.
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What are my shopping options? Office Depot? Office Max? Staples? Best Buy? Circuit City? CompUSA?

I know there's no Frys', is there a Micro Center in Des Moines?
 
M

Mallow

Diamond Member
Jul 25, 2001
6,108
1
0
I don't get what your saying here: "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."

What maximum?
 
XMan

XMan

Lifer
Oct 9, 1999
12,513
49
91
Originally posted by: Mallow
I don't get what your saying here: "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."

What maximum?
Click to expand...

"The salary range of level one" has a minimum and a maximum.
 
kranky

kranky

Elite Member
Oct 9, 1999
21,019
154
106
Congrats on the promotion, X-man. You won't be over the max in the new position, will you?
 
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