I may be losing my job tomorrow!
Posted 07 October 2008 - 02:55 PM
Posted 07 October 2008 - 03:23 PM
Posted 07 October 2008 - 07:45 PM
Posted 07 October 2008 - 09:18 PM
Well, it went as I expected. My job is terminated as of November 2. The company is outsourcing our IT department and they are offering us positions at the new company. I have until Monday at 10:00 am to put in an application with the new company. They will interview us and make a decision on making us an offer by 10/17.
Here is the kicker, if I don't put in an application and go through the interview process, I am not eligible for the transition package which is 21 weeks of pay. If I find another position with my existing company or any other company, I do not receive transition. If the new company makes me an offer up to 10% less than my current salary and I refuse the offer, I don't get transition. If they do make me an offer at 10% less than my current salary I will start working for a company that sucks!
I will not retain any seniority, I will be starting out with no vacation, 1 sick day for every 73 days worked, horrible medical benefits and 6 holidays. I currently have 20 vacations, 5 sick days, 3 personal days and my birthday off. Not to mention 7 paid holidays. The new company is offering a bonus for anyone they hire if they stayed employed there for 1 year. WTF? Is the company that bad that they don't expect us to stay for a year? I think the plan is to put one of their employees in with ours so they can learn everything then they will terminate us after the first year. The transition package will then be based on our 1 year with the new company.
I don't know what to do. I am a senior tech and I know that the new company does not pay their techs very good. I can't imagine that they can even come close to the 10% margin on my salary. So, I think I will be out of a job come 11/2. The whole thing seems kind of shady to me. They were very evasive on some of the questions people had.
I am so upset that companies today treat loyal employees like they are just a number. They have a claim in Columbus to be the "Hometown" bank but they don't treat us like "hometown" people. It's all about numbers. I think this will backfire on them in the long run. What makes it really bad is that I am the one providing health insurance for us. Hubby works 16 hours per week and goes to school fulltime. I never thought it would happen to me.
Posted 07 October 2008 - 09:26 PM
Best wishes to you!
Posted 07 October 2008 - 09:29 PM
Posted 07 October 2008 - 09:30 PM
Maybe this is just a turning point for you in life... NOT the best time, but it all works in mysterious ways. Keep your chin up and think on it for a day or 2 if you really want to be going that route with the new company that obviously doesn't care about it's employees. Get that resume out for the whole world to see.. with 21 yrs in your job and even being a high demand techie job.. you will find something!!!
Posted 07 October 2008 - 11:15 PM
Posted 08 October 2008 - 12:12 AM
Posted 08 October 2008 - 12:31 AM
We are all so sorry to hear the news. You sound very disappointed and angry and you have every right to be. It's true what they say, this may be a blessing in disguise. I was laid off 2 mos after I got engaged and thought it was going to be the end of the world....especially since my FI and I were footing the whole wedding bill.
Well, 2 more months passed and I got a new, more fun, and better paying job! It was pretty crappy there for a min. I was getting a little down, but it's the disappointments that make the joyous scenarios so amazing. You and your FI will be closer from these trials and tribulations. Keep your chin up and things will work out.
0 user(s) are reading this topic
0 members, 0 guests, 0 anonymous users