Conference 7.286::digital

    No..it's 9 weeks + 1 week per years of service.If you find another job
    then the 9 weeks is prorated to the start of your new job.I'm sure that
    everyone is going to keep DEC informed of that....right????

	What personnel showed us was 9 weeks plus:  (this is how I remember it.
	If you really want to know, talk with personnel; I beleive they would
	be willing to share it.)

	years with Dig			Lump sum/in weeks
		0-2				3
		3				6
		4				9
		5				12
		6				15
		7				18
		8				21
		9				24
		10				28
		11				32
		12				36
		13				40
		14				44
		15				48
		16				52
		17				56
		18				60
		19				64
		20 or more			68


tgc

	I forgot to mention in the previous reply that there are a few other
	`benefits' extended to those laid off.  They are still considered
	Digital employees for the 9 week period.  This allows them continued
	use of the company car.  At the end, they are given the opportunity to
	purchase their car.  They also can continue to be covered by medical,
	life, and disability insurance for the period of time equivalent to
	the number of weeks for which they are being paid, up to 52 weeks.
	They also provide the assistance of a consulting firm to help the
	employees prepare their resum�s and connect with other companies that
	might be hiring.  It is not a head-hunting company, but it does keep
	its feelers out.  Digital is also working with our marketing partners
	to find any jobs that they may have.  And finally, Digital is providing
	the services of the Employee Assistance Program to help those that feel
	they need the counselling services.

	All in all, though it is not pleasant for anyone to be laid off, I
	think Digital has done more than most companies would have done to try
	to ease the pain during the job search by taking care of some of the
	things that people often ignore during the job search period.

tgc

    
    The minimum is now 9 weeks?   Is this package #4  or something?
    
    How long in affect?
    

    
    FWIW  HP is also laying off alot of people here in CS. 
    Their package is a little more generous to say the least....
    
    there's going to be alot of competition for jobs here. 
    

    re: .5
    
    Please post data to support the contention that HP's package is "a
    little more generous, to say the least."  What are they offering?

    Whoa There!!!! HP is not now, and never has "laid off" anyone!  They
    are offering incentives to leave the company on a voluntary basis.
    
    For people over 55 with 15 years service, they are offering a year's
    pay, plus standard retirement.  I don't know what packages are being
    put together for others.
    
    Let's get this straight.....both HP and IBM has yet to lay ANYONE off.
    
    I'd take the early retirement package they are offering without even
    calling home or cleaning out my desk.

re .7:

That's funny.  Someone I know says IBM laid him off with something like two
weeks' severance pay.  From what I gather, this was 10-15 years ago.

    Re: -1
    
    That sounds like IBM fired him/her. Lots of people have been fired
    from IBM, but none ever laid-off. Go figure.
    

    RE: .7
    
    HP has "excessing."
    
    IBM has "Management Initiated Attrition (MIA)."
    
    If these aren't defined as layoffs, they closely resemble it.
    
    Bo

    For an ignorant foreigner, and a disciple of RVSP with twoo weks to go,
    what does TFSO stand for?
    
    Ian.

         TFSO = Transition Financial Support Option

    
    
         TFSO = Trite Face Saving Obfuscation ??       
    
    
    

    From an obfuscatory point of view TFSO beats our RVSP (Restricted
    Voluntary Severance Programmme), although this is strangely close to
    RSVP.
    
    Ian.

		TFSO = Thanks For Shoving Off ...

    As to lay-off vs fired.  I heard a good definition on the news this
    week.  Seems lay-off orginally meant that the person laid-off would
    be rehired if/when the situation improved and jobs opened up again.
    Like what the car companies used to do.  The reporter then said
    that now-a-days, companies used the word lay-off when the employee
    is really fired, because there is no chance of that employee being
    asked back.
    
    Linda
    

    Any pointers to info about what happens to one's Fleet Car when one is
    "turned into a pumpkin?"  Can you keep it for awhile?  Can you make DEC
    an offer to buy it, and if so at what price?  
    
    If you manage to find a slot elsewhere in the Corporation that doesn't
    include fleet cars in its perqs, can you still make DEC an offer to buy
    the car?

    re -1
    
    
>    "turned into a pumpkin?" 
    
    So might the package....:^)
    
    Mark
    
    

    re: .17
    
    We were told yesterday:
    
    - the package is the same as the previous package
    - you get to keep the car for 1 week, then Digital provides you with
      a rental car for 4 weeks.  Not sure if you can purchase the Fleet
      car.
    - U.S. field impact will be larger in numbers than the July 8 numbers.
    - Transition will take place week of Oct. 7.
    

    
    
    	Is/Was .2 really correct?
    
    	Isn't the latest package the same as the previous, 13 & 3?
    
    

    re .17
    
    In the last package you could keep the car for thirty days. You can
    also purchase the car from the leasing company. They give you the price
    and all those details will be provided, if necessary. I purchased a
    company car and got a great price on it, matter of fact I'm sure I
    could sell it today for more than I paid for it. Hope this helps.
    
    BUDMAN