| T.R | Title | User | Personal
Name | Date | Lines |
|---|
| 1194.1 | | COOKIE::LENNARD | | Mon Sep 24 1990 13:46 | 4 |
| I heard Smith comment a few months back that they had looked into it,
but had determined that there weren't enough old farts to make such
a plan effective. I gotta believe him, but sure wish they'd do it
anyhow. I'd be first in line!
|
| 1194.2 | Digital Caribbean has it now! | TROPIC::BELDIN | Pull us together, not apart | Tue Sep 25 1990 08:29 | 12 |
| We have used early retirement here in Caribbean Operations twice
as part of the resizing effort. Both times it was approximately
as described in .0. The difference is that our normal attrition
rate in Puerto Rico is much lower than the U.S. average. During
the last round, of ~275 eligible, less than 150 accepted early
retirement. I decided I was enjoying work to much to give it up
yet. Others retired, and then quickly went looking for work somewhere
else.
Regards,
Dick
|
| 1194.3 | Retire with PDP's ? | BEAGLE::BREICHNER | | Tue Sep 25 1990 11:22 | 18 |
| People in DEC have matured, so have products.
Neither want to be/ can be retired now.
Assuming that the mature products need to run/be supported for
another 10 to 15 years or so, so may a lot of old-timers be really
ready for retirement in 10 to 15 years.
Given that support of the mature products is costeffective when
done by the right people AND there is now too many people
in the "NEW" DEC, a solution might be to offer this kind of
support business (which doesn't fit the "NEW" DEC) instead
of monetary "packages".
However, I really don't know which "employee profile" is
the target for "packages".
So far, from the little I've found out, it seems that the
unfamous packages are rather aimed at jobs and then hit
the unfortunate (or fortunate) job-holder regardless of
his/her actual or potential value to the company.
fred, a "mature" DECie (not yet an "old fart")
|
| 1194.4 | Formula & age make the difference | DONVAN::BWALKER | | Tue Oct 02 1990 13:19 | 16 |
| An Early Retirement from DEC requires that you be 55 years old with
10 years service.
If you applied the .0 formula 5+5+$, anyone who is 50 with 5 years
would be eligible - makes them 55 w/10 years (on the books).
Given that, I would think that they would come up with a big enough
number to be able to offer the package. Even if 55% of those eligible
took it (like in Puerto Rico) it would probably still be a substantial
number. Here, state side there would probably be 80% takers.
Say, ...3000 to 4000 thousand ??? But I am sure they got all the
numbers and the possibilities figured out.
|