T.R | Title | User | Personal Name | Date | Lines |
---|
3257.1 | NEW TFSO | STOWOA::MARCOTTE | | Tue Jul 19 1994 16:27 | 2 |
| Tomorrow.
|
3257.2 | smaller tfso | DELNI::SHAH | | Tue Jul 19 1994 17:06 | 3 |
| 4 weeks + 4 weeks (for every 10 year of service)
This is what I heard
|
3257.3 | Shooting us is cheaper | POBOX::CORSON | Higher, and a bit more to the right | Tue Jul 19 1994 17:19 | 10 |
| Why don't they (the SLT) just shoot us (like the Chinese) and bill the
next of kin for the bullets.
If this TFSO gets any smaller, the only people going to make any
money on this deal is the lawyers.
the Greyhawk
PS - I'm on vacation so my normal notes activity has at least
tripled. I'm bored stiff!!!!
|
3257.6 | Better than Nothing.. | GLDOA::MOLL | | Tue Jul 19 1994 18:39 | 7 |
| RE: .3 Like the Chinese
To be precise, it's like the 'communist' Chinese - fyi.
It's the communist style that you have described in .3, not the
people or race.
|
3257.7 | | ARCANA::CONNELLY | foggy, rather groggy | Tue Jul 19 1994 19:14 | 5 |
|
This is not "better than nothing" from where i stand. Specifically no one
should sign away their right to sue for better terms based on these figures.
:-( - paul
|
3257.8 | | TOOK::DELBALSO | I (spade) my (dog face) | Tue Jul 19 1994 22:54 | 4 |
| Heard today in response to the latest "package" -
"Let the litigations begin."
|
3257.9 | It's a safe gamble for Digital | ZPOVC::GEOFFREY | | Wed Jul 20 1994 04:51 | 24 |
| re: .8 and "Let the litigations begin."
The management at Digital is making a safe bet that they won't have to
deal with lots of lawsuits. Reasons:
1) Civil lawsuits can take years. Digital may not even exist anymore
when some of these suits come up.
2) Given the current U.S. trends in downsizing, there are a number of
firms laying off people under more dubious circumstances than DEC.
How many lawyers are going to take cases like ours on contingency?
How many of us can afford lawyers if they don't?
3) There are many who will take whatever package is offered, not
because they need the money, or are afraid of Digital's legal
beagles, but because they already have new jobs lined up, and
the TFSO package is just gravy.
If you're going to put some effort into something, put it into
finding a new career after Digital. Unless you get TFSO'd under
really egregious (and documented) conditions, there isn't much of
a chance to sue Digital and get much out of it.
Geoff
|
3257.11 | :-) | NOVA::FISHER | Tay-unned, rey-usted, rey-ady | Wed Jul 20 1994 08:02 | 6 |
| what's to sue for? for one, my efforts would be more profitably spent
writing resumes.
Is there a Xerox(TM) around here without a line?
ed
|
3257.12 | | ELWOOD::LANE | soon: [email protected] | Wed Jul 20 1994 08:09 | 7 |
| While y'all are looking for lawyers and forming class action suits, do you
think you could take just a minute and tell me what sort of grounds you're
going to use in this thing?
If you get laid off, it's not like you didn't have sufficient warning to go
find another job. DEC's been doing this for three years or more. There's
nothing new here.
|
3257.13 | | CSOA1::LENNIG | Dave (N8JCX), MIG, @CYO | Wed Jul 20 1994 09:08 | 8 |
| Well, one thing comes to mind...
That particular distribution would seem to discriminate against older
workers. For the first time, the longer you have worked for Digital,
the package provides _less_ per year of service. This package SUCKS.
My reaction is so strongly negative that I can't begin to post my
thoughts and feelings on it in a notes file.
|
3257.14 | | SEAPIG::PERCIVAL | I'm the NRA,USPSA/IPSC,NROI-RO | Wed Jul 20 1994 09:53 | 16 |
| <<< Note 3257.13 by CSOA1::LENNIG "Dave (N8JCX), MIG, @CYO" >>>
> My reaction is so strongly negative that I can't begin to post my
> thoughts and feelings on it in a notes file.
That is one reaction. There is another. This is 100% better than
what we had all heard before. Tat was that there would be NO
package at all, 2 weeks plus your accrued vacation and a pat on
the back.
This isn't much better, but it IS better than nothing at all.
Jim
|
3257.15 | Unfortunate but Correct | ASABET::LONDON | | Wed Jul 20 1994 11:09 | 10 |
| Although it is unfortunate that the package is being cut substantially,
I do not think it is wrong or unfair.
Having only been with the company for two years, I could not believe
that the large packages existed in these times.
Our CEO and BOD has to turn around this company - it will not happen
giving 20,000 people 20 grand+.
|
3257.16 | Then you wouldn't believe the first TFSO pkg. | KELVIN::PACHECO | RON | Wed Jul 20 1994 11:13 | 5 |
| RE:.15
If you dodn't believe the generosity of the 1994 packages, then you sure as heck
would not've believed the first package which let people out he door with up to
two years of salary!
|
3257.17 | Read-only must write | MROA::CESARIO | Vinyl Dinosaur | Wed Jul 20 1994 11:43 | 16 |
|
This latest package is an insult to anyone who has spent a lot of
his/her career at Digital and has survived to date. Where is the
equity when an employee with 6 years is awarded 10 weeks and an
employee with 25 years is awarded 12 weeks severance? It seems
that the "vacation committee" designed this one. An employee with
5 years gets 3 weeks of vacation, while an employee with 19 years
gets 4 weeks. Employees with 20+ years in the company are quickly
approaching (if they haven't already reached) the point where age
discrimination will be a major factor in them finding work elsewhere.
An extra two weeks pay will not carry them over the hump.
Lou
|
3257.18 | | CSOA1::LENNIG | Dave (N8JCX), MIG, @CYO | Wed Jul 20 1994 11:57 | 12 |
| re: .16
>If you dodn't believe the generosity of the 1994 packages, then you sure as heck
>would not've believed the first package which let people out he door with up to
>two years of salary!
I agree the 'early' packages were overly generous.
However, '1 week per year' is practically a (hmm; not sure what word to
choose) industry/professional_job/white_collar/salaried standard package.
Yes I'm sure folks can quote examples of those companies that did less
than this, but I submit they are the exception rather than the rule.
|
3257.19 | Company welfare? | MIMS::GRAFT_J | | Wed Jul 20 1994 12:08 | 11 |
| How many of those who wish to file law suits against Digital
have a written contract where the company agrees to pay you
a "package" upon termination?
If you do have a contract then see a lawyer. If not then what ever the
company gives you should be viewed as a gift.
I don't understand at all what grounds a person has to sue a company
just because you get laid-off in a work force reduction.
Jim G.
|
3257.20 | | RUSURE::EDP | Always mount a scratch monkey. | Wed Jul 20 1994 12:20 | 51 |
| Here is one set of grounds on which employees might consider suing
Digital. First, know that the legal definition of fraud has four
components:
A person (including corporations) makes a false statement.
The person knows the statement is false.
The person makes the statement with the intent of getting
another person to agree to something.
The other person agrees.
Now apply this to a hypothetical set of facts:
After the early packages, Digital told employees that further
layoffs were involuntary. This statement was false, because
many managers accepted volunteers.
Digital knew the statement was false, because its managers are
its agents, and the company knows what they know, and some of
the volunteers were openly stated as such, and this happened
repeatedly.
The statements were made with the intent of getting terminated
employees to accept packages and setting the terms of continuing
employment for the remaining employees -- who are at-will and
hence continually agree to work for Digital.
Many employees did accept the packages or did continue working
for Digital, some under the belief the packages were involuntary.
Given that a lawyer could prove these things in court, an employee
offered a later, lesser package can argue that if Digital had been
honest, the employee could have volunteeered for one of the higher
packages. Yes, the employee has continued to receive pay beyond the
package's termination, but with the higher package, the employee could
have enjoyed more time off or additional income from another job. The
employee has lost out by believing Digital's statement that
terminations were involuntary instead of taking one of the larger,
earlier packages.
In summary: Digital lied to us, and it cost us money.
-- edp
Public key fingerprint: 8e ad 63 61 ba 0c 26 86 32 0a 7d 28 db e7 6f 75
To get PGP, FTP /pub/unix/security/crypt/pgp23A.zip from ftp.funet.fi.
For FTP access, mail "help" message to DECWRL::FTPmail or open Upsar::Gateways.
|
3257.21 | 28 Years Ago | WMOIS::STYVES_A | | Wed Jul 20 1994 12:21 | 9 |
|
I had been working for the Mead Corporation when they closed
the plant in Leominster, Massachusetts in 1966. At that time
we received one week pay for each year of service. In my case
I received 10 weeks pay. That was in 1966, 28 years ago. It
appears Digital is just catching up to where Mead was 28 years
ago. Gee, I wish I had a PHD in Business from M.I.T. then I
too could come up with brilliant ideas like this.
|
3257.22 | HIRE ..... INSPIRE ..... PERSPIRE ..... FIRE | TROOA::CASMITH | Reality is frequently inaccurate! | Wed Jul 20 1994 12:39 | 14 |
|
it seems to me that the grounds should be on the basis of
discrimination with respect to previous terminations (ie. today's
package versus the much more lucrative earlier ones).
once the company has established 'precedence' then you could argue
that you deserve the same considerations (assuming that the bank
isnt broke - but hey, weve got a healthy balance sheet, right?)
how bout a 'Scratch & Win' game to determine package payouts.
or perhaps try spinning your luck on the wheel of fortune?!
|
3257.23 | | HAAG::HAAG | Rode hard. Put up wet. | Wed Jul 20 1994 12:42 | 5 |
| complaining about this or evaluating legal options isn't going to do
anyone any good. each of us simply has to decide if staying with
Digital is worth the risk and effort for whatever rewards (real or
perceived) may be left. Answering that question should give you a
reasonable idea about where to focus your efforts.
|
3257.24 | WHERE on VTX? | CAMONE::HESS | DCS | Wed Jul 20 1994 13:01 | 5 |
| RE: .0:
WHERE on VTX would the latest benefits for the TSFO package be posted?
|
3257.25 | | DELNI::DISMUKE | | Wed Jul 20 1994 13:05 | 3 |
| It will be posted officially tomorrow.
|
3257.26 | | VIVALD::SHEA | | Wed Jul 20 1994 13:05 | 15 |
| As predicted, there is a lot of what I would call hatred emerging towards
Digital. Excellent, hard working people are going to be terminated with what
THEY interpret as unfair compensation, certainly inequitable compared to past
packages. These people, and there are a lot, will get jobs with companies who
are/would be Digital customers. And since the quality and skill level of many
of these people are high, they will get jobs with responsibility and authority.
They will influence or outright make buy decisions concerning IT systems. And
when the competition is close, they will remember what Digital did to them,
rightly or wrongly, and will choose to do business with HP, Sun, IBM, anybody but
Digital. Digital will lose sales because of this, and at critical times,
resulting in a continued, perhaps accellerated decay.
I wonder if the pundits have put the right amount of thought into this scenario?
Good luck to all who will be looking for jobs!
|
3257.27 | Not sure I agree... | SMURF::STRANGE | Steve Strange - DEC OSF/1 DCE/DFS | Wed Jul 20 1994 13:18 | 13 |
| re: .26
I'm not sure I buy this argument. Yes, there will be some former employees
that choose to "punish" their former employer by choosing not to buy
Digital Equipment. But I think there will also be large numbers who will
try to push thier new employers to buy Digital because they are familiar with
the machines, OSs, etc. I know a number of people who have left Digital
or who have been TSFOed who are now working for ISVs porting software to
Digital platforms, or for re-sellers of Digital equipment. So at worst,
I expect the 'ill-will factor' will be compenstated by the 'familiarity'
factor. JMHO.
Steve
|
3257.28 | Maybe, maybe not | BUDDIE::KORNS | | Wed Jul 20 1994 13:19 | 14 |
| RE: .26
Maybe, maybe not. Yes, hatred is a first reaction. The second
realization has to be that Digital has to do this to stay alive,
and to still be in the business for us to have any influence
over buying or not buying.
Some subset of this wave of people are very capable of making a life
for themselves and won't need to channel hatred toward a previously
loyal employer. I hope I can figure out how to be one of that subset.
Dave,
PS: I need some jam 'cause I think I'm toast.
|
3257.29 | Go ahead, shoot these grey hairs | POBOX::CORSON | Higher, and a bit more to the right | Wed Jul 20 1994 13:26 | 14 |
| re:-1
Here, here. We seem to have created a new standard for short-term
thinking at old Digital. Sending 20-25,000 ex-employees into the
marketplace with a bad taste in their mouths is tandemount to sales
sucide.
Digital could always make a payout over time. Say 16 weeks this year
and 12 weeks the folowing year for veterans of its success - or a stock
kicker over time. Anything is better than telling those of us who have
busted our butts over the past two years that we count *less* than the
deadwood we got rid of in FY92.
I, for one, am hopping mad.
the Greyhawk
|
3257.30 | | MOLAR::DELBALSO | I (spade) my (dogface) | Wed Jul 20 1994 13:41 | 9 |
| re: .25
> It will be posted officially tomorrow.
The interesting thing is that when the "unofficial" announcement hit the
net on Monday, it promised publicity on Tuesday. Now, Thursday is targetted.
I expect it's having a "spin" treatment.
-Jack
|
3257.31 | | CEEOSI::WILTSHIRE | Dave - Networks Conformance Eng. | Wed Jul 20 1994 13:53 | 9 |
| Re:. 26
It's already going on. I've seen an ex-engineering manager from
Spitbrook sounding off in the comp.sys.dec newsgroup and I peronally know
of a number ( >1) of ex-DEC folk who will do anything they can to spoil a
sale.....
-Dave.
|
3257.32 | | VIVALD::SHEA | | Wed Jul 20 1994 13:59 | 26 |
| Re .27, .28
Your position is certainly supportable. I have had experience working with
ex- DECies, and some are only concerned with the best solution for their current
company, and if that's Digital, so be it.
I have also worked with bitter ex-DECies who did everything possible to NOT
buy Digital. We are now giving such people a LOT of ammunition for FUD, which
can turn the decision away from us.
The familiarity factor continues to shrink, as the perception is that OVMS is a
"dead" OS (according to many customers' perception, which is not being
effectively countered by Digital), OSF/1 is just another UNIX (also perception)
and WindowsNT is not really exploding and may be threatened by Chicago. And,
hardware is hardware..."don't give me 64 bit, highest clock-speeds, etc., just
solve my business problems in a cost effective manner!"
I just wonder what the ratio is of non-bitter to bitter ex-employees. And I have
a gut feeling that of the 20,000 or so soon-to-be ex-employees, a higher
percentage will be of the bitter variety, and possibly more able to get jobs of
authority and responsibility.
I also have no statistics on this. But SOMEBODY, SOMEWHERE must have built some
sort of decision model including these factors, to set the current TFSO package.
Yeah, right, I know...
|
3257.33 | | FORTY2::SHIPMAN | MOG | Wed Jul 20 1994 14:11 | 9 |
| re .32:
An aside for a moment: if OSF/1 isn't just another UNIX, what is it?
I'd been hoping that that's exactly what it was.
And is Windows NT exploding? How?
Thanks for any enlightenment, and sorry to divert the thread,
Nick
|
3257.34 | | CSOA1::LENNIG | Dave (N8JCX), MIG, @CYO | Wed Jul 20 1994 14:43 | 5 |
| re: .28
>> Maybe, maybe not. Yes, hatred is a first reaction. The second
>> realization has to be that Digital has to do this to stay alive,
I do not believe this for one minute.
|
3257.35 | re: the aside (not to get into a rathole...) | SMURF::STRANGE | Steve Strange - DEC OSF/1 DCE/DFS | Wed Jul 20 1994 15:02 | 11 |
| re: .33
>An aside for a moment: if OSF/1 isn't just another UNIX, what is it?
>I'd been hoping that that's exactly what it was.
DEC OSF/1 is more standards conformant than other Unixes, performance leader,
more stable, new releases have come out when promised, supports both BSD
and SysV applications, and is fully 64-bit. We need to get the word
out -- we really do have a better Unix, finally.
Steve
|
3257.36 | OSF/1 doesn't fix everything | POBOX::CORSON | Higher, and a bit more to the right | Wed Jul 20 1994 15:04 | 5 |
|
Unfortunately, it does not solve the problem of shipping Alpha
boxes on time.
the Greyhawk
|
3257.37 | new things to think on | LGP30::FLEISCHER | without vision the people perish (DTN 297-5780, MRO3-3/L16) | Wed Jul 20 1994 15:13 | 9 |
| re Note 3257.28 by BUDDIE::KORNS:
Hmm, an interesting concept: "previously loyal employer".
(Is that anything like a previously faithful spouse or a
previously patriotic citizen or a previously honest
business person?)
Bob
|
3257.38 | RE:.28 | PINION::NORMAN | | Wed Jul 20 1994 15:41 | 10 |
| What is a "previously loyal employer"?
spoiler >>
Sounds almost Cujo_esque to me.
|
3257.39 | | QUARK::LIONEL | Free advice is worth every cent | Wed Jul 20 1994 15:55 | 6 |
| Re: .31
That former engineering manager left voluntarily, as far as I know. I consider
his postings to be in poor taste.
Steve
|
3257.40 | "FAIR?" | BIRDIE::SCARDIGNO | God is my refuge | Thu Jul 21 1994 08:50 | 6 |
| New one doesn't sound "fair" to me. 6 yrs of service or 14
yrs of service = same amount... was this thing called TFSO
ever fair anyhow? I guess if it was also voluntary, that may
have made a difference.
Steve
|
3257.41 | Not fair is right!! | LEVLS3::DEVNO | | Thu Jul 21 1994 10:40 | 8 |
| RE:40
Not fair is right. After 28 yrs. I'd get 2 wks more than someone with
6 yrs.???? Almost like telling you you were crazy for staying with the
company longer than 15 yrs.
I look at it this way, another day more added to my pension plan, thats
all I to look forward to.
|
3257.42 | it is clear | AZTECH::RANCE | | Thu Jul 21 1994 10:48 | 10 |
|
>Almost like telling you you were crazy for staying with the
> company longer than 15 yrs.
that is exactly the message i get...and probably exactly how you feel.
in retrospect, having left 13 years ago doesn;t appear all that bad,
does it?
|
3257.43 | From Livewire | TNPUBS::HAKKARAINEN | If I had it to do all over again... | Thu Jul 21 1994 11:00 | 58 |
| U.S. News LIVE WIRE
Resumption of U.S. Transition Program for ... [m Date: 21-Jul-1994
Page 1 of 1
Resumption of U.S. Transition Program for Q1, FY'95
(The following message to U.S. employees is from Dick Farrahar,
vice president, Human Resources)
We have concluded a thorough review of the Q4, FY'94 U.S.
Transition Program, in keeping with our normal business practice. Based
on the results of that review, we have decided to resume the U.S.
Transition Program for Q1 FY95 commencing on Thursday, July 21. At the
end of Q1, the program will be thoroughly reviewed in the context of
Digital's business goals and the worldwide restructuring effort. Based
on that assessment, a decision will be made regarding the program in Q2.
The financial support package offered during Q4, FY'94 has been
revised in two ways: the formula has been reduced; and all separation
payments based on years of service will be made on a weekly basis.
U.S. employees selected for transition in Q1, FY'95 will receive:
o Four weeks of continuous pay, plus additional weekly TFSO
payments as follows:
Service Additional TFSO weekly payments
less than six years of service 4 weeks
six or more years of service 6 weeks
but less than 15;
15 or more years of service 8 weeks
o Continuation of medical, dental and life insurance coverage for
a period represented by the total payments;
o Formal outplacement assistance for a period of six months.
The U.S. Transition Program will continue to be managed and
implemented by individual businesses. Business unit transition plans
will be reviewed by the Cross-Organization Committee on a
business-by-business basis.
FOR DIGITAL INTERNAL USE ONLY
|
3257.44 | vacation time? | SALEM::GEORGE_N | crops don't grow where the seed ain't sown. | Thu Jul 21 1994 11:14 | 5 |
| I wish they had addressed vacation time. I want to make sure that
vacation time is not counted in the six weeks. I know this has been
discussed before in this notes file but it really didn't have closure
ie. is it possible for the company to give you six weeks of serverance
if you have six weeks of vacation and not give you any more.
|
3257.45 | How is it different from last package? | TLE::PERIQUET | Dennis Periquet | Thu Jul 21 1994 11:15 | 14 |
|
For example, I've been here for about 5 years. Does this mean I get:
4 weeks pay + 4 weeks pay = 8 weeks pay
if I were to get TFSOed (i.e., chopped -- I grow weary of Digital's
trite overuse of business euphemisms embedded in acronyms)?
If so, how is this much different from the last going away package?
Thanks,
Dennis
|
3257.46 | | LEVLS3::DEVNO | | Thu Jul 21 1994 11:31 | 7 |
| RE:45
If it were the last package, and you have been here for 5 years, you
would have gotten 1 week for every year of service, plus the 4 weeks.
In your case, you would have gotten 9 weeks, plus any vacation time
you had left.
|
3257.47 | | BROWNY::DBLDOG::DONHAM | Progress Through Tradition | Thu Jul 21 1994 11:51 | 5 |
|
What happens with the money in a pension plan? I assume that you don't get
anything out of it until age 60 or whatever it is.
Perry
|
3257.48 | This is not some service reward | ULYSSE::ROEMER | | Thu Jul 21 1994 11:57 | 14 |
| I believe the philosophy is not that you should be compensated for
staying with the Company for N years. That is why you got a salary.
The idea is to give you a chance to get another job before the money
(that is: YOUR money) runs out.
I am not saying that I am for or against this package.
Al
PS: If I had 28 years I would see if I did not fall in a special class
that they had forgotten to mention
|
3257.49 | Thanks, but more ?'s | TLE::PERIQUET | Dennis Periquet | Thu Jul 21 1994 12:00 | 13 |
|
re: .-2 Thanks; so it ends up that I forgoe one week of pay for having
not been given goahead to "pursue other opportunities".
re: .-1 I'm interested in what happens to my pension plan too. I am
now vested in the pension plan; does this mean that if I get chopped
and find another job, will I get my pension payment from Digital when
I reach the age of retirement?
Thanks again,
Dennis
|
3257.50 | I get real tired of hearing that argument... | SMOP::glossop | Kent Glossop | Thu Jul 21 1994 12:17 | 19 |
| > I believe the philosophy is not that you should be compensated for
> staying with the Company for N years. That is why you got a salary.
> The idea is to give you a chance to get another job before the money
> (that is: YOUR money) runs out.
Unfortunately, morale, loyalty, good long-term planning/accountability,
and a lot of other attributes do not go hand-in-hand with treating
long-term employees effectively as contractors. There are few, if
any, successful examples of companies that try to do long-term (e.g.
knowledge-based) work using nothing but (or even primarily) contractors
(at least as far as I know).
There was a time when Digital paid salaries somewhat below competitors.
One argument used by management was that "long-term commitment by
the company, and a 'full employment' policy" were effectively a form
of compensation. In effect, the company is trading "long term goodwill"
to get over a short term hump (much the way the stock market has viewed
our stock lately...). There are very real limits to how well such
a short term cost-focused strategy will be successful.
|
3257.51 | "It's the money we want..." | ANGLIN::BJAMES | I feel the need, the need for SPEED | Thu Jul 21 1994 12:22 | 26 |
| RE .47
Your pension plan is unaffected by your separation plan. They are two
entirely separate plans in place which to some degree kick in when you
officially separate from the company. You get your TFSO package +
unused accrued vacation time as it reads on your latest pay stub. That
is the short term package.
For the long term you still always receive your vested pension at the
prescribed time you decide to "officially" retire and ease into those
Autumn years of one's life. For most people that's a ways down the
road (the 55+ zone as they say). You usually receive a statement once
a year from Digital outlining what you would receive in retirement if
your retired at your current rate of pay, including Social Security.
Again the big message here is your pension is but a small piece to your
overall retirement moneys available to you upon your hanging up
the spurs. The rest is your personal investment strategy (IRA and
401K, savings, and whatever you've stuffed into the mattress).
Short term: TFSO get's you what you need to survive on a day-to day
basis until your next job.
Long term: Pension, savings, investments gets you onto that cruise ship
to Hawaii with the your wife/husband for your retirement.
Mav
|
3257.52 | Matching IBM's package? | TANRU::CHAPMAN | | Thu Jul 21 1994 13:01 | 5 |
| Each new package has matched whatever IBM was giving. Is that the case
here? IBM started out much lower than what we were offering, we then
changed our package to match theirs ... is this still true?
just wondering
|
3257.53 | nothing unusual | DPDMAI::PAULTER | | Thu Jul 21 1994 13:55 | 4 |
| It is standard (for every company I have worked for T.I., WANG) for the
severance package to get smaller as the unprofitable years continue. It
is unfortunate, but Digital is not at all unusual in this regard. This
is the norm.
|
3257.54 | One Subtle Issue | ASABET::ELGIN | Jim Elgin - KD1GD [DTN 297-6534] | Thu Jul 21 1994 13:59 | 9 |
| re .51
I believe that one item which may be overlooked is that is you are
TFSO'd (or leave the company for any other reason) before you reach the
age of 55, you can NOT take the lump sum pension settlement option.
You must select one of the periodic payment methods.
Jim
|
3257.55 | Read Fine Print in Q1 TFSO + Vac. Pay | BRAT::CARLTON | | Thu Jul 21 1994 15:32 | 15 |
| Note this significant change in the Q1 TFSO from all prior ones. There
will be NO lump sum payments; just continued weekly paychecks for the
period of weeks eligible (8,10, or 12). Undoubtedly a
cash-flow/retention strategy.
I too am concerned about vacation time not being mentioned in Dick
Farahar's official Q1 TFSO announcement memo. However, I recall it not
being mentioned in Q3 either (and I don't think there ever was a Q4
memo...). Also, the payment of vacation time to employees upon
termination is specifically spelled out in the orangebook and benefits
policies. So, in the absence of clarification, I'll assume vacation
time is still payable upon termination.
I'd ask my trusty Personnel Consultant (one of the few...) but she just
left for a dream job in the real world...!!
|
3257.56 | | IMTDEV::BRUNO | Father Gregory | Thu Jul 21 1994 16:04 | 9 |
| RE: <<< Note 3257.55 by BRAT::CARLTON >>>
>> Note this significant change in the Q1 TFSO from all prior ones. There
>> will be NO lump sum payments; just continued weekly paychecks for the
>> period of weeks eligible (8,10, or 12).
Good catch. I didn't notice that one.
Greg
|
3257.57 | Professional student in the making.. | ELMAGO::PUSSERY | | Thu Jul 21 1994 16:07 | 10 |
|
re.-1
NOT just a cash flow problem; but it's my understanding that
this state [New Mexico] does not view "lump sums" as continued
income , there-by allowing the unemployment benefits to begin
after the period of "continuous pay" ends. This was discussed
in a Communications Meeting last week with Mgmt. here in ABO.
Pablo
|
3257.58 | | GRANMA::MWANNEMACHER | daddyneverwasthecadillackind | Thu Jul 21 1994 16:08 | 6 |
|
I don't see how they could not pay you for your vacation on the books.
After all it is an already earned benefit.
Mike
|
3257.59 | exit | SALEM::GEORGE_N | crops don't grow where the seed ain't sown. | Thu Jul 21 1994 17:32 | 7 |
| As an aside... has anyone heard how the ex-IBM employees are doing in
their class action suit against the IRS? They are asserting their
severance should be considered a settlement from IBM instead of income
because they signed a document that says they will not sue IBM. I see
their point but I don't think the IRS will want to give back all the
tax money from down sizing that has recently occurred.
|
3257.60 | Who would you be hurting? | CALDEC::SUCHMA | | Thu Jul 21 1994 18:47 | 14 |
| RE: several earlier replies
To anyone who might think they would want to stick it to Digital in
the next phase of their career, who do you think you'd be hurting?
The main effect would likely be on those who were lucky (or unlucky,
depending) enough to be left behind, most of whom had nothing to do
or say about the way you were treated. So before you take out your
understandable frustrations on Digital, take some time to consider.
There's doubtless been lots of inequities (to say the least) in what
has happened over the past several years, but taking revenge on the
company won't do anything to improve that reality.
Sincerely, whether I survive the next 12 months or not...
|
3257.61 | Living well may be the best revenge, but... | ANGLIN::PEREZ | Trust, but ALWAYS verify! | Fri Jul 22 1994 11:06 | 29 |
| re -.1:
I think your attitude is very good and you are correct. BUT, reality
is that there are a lot of former employees on the street. And there
will be more. And a significant percentage (at least of those to whom
I've talked) are ACTIVELY competing with the company. Not necessarily
"sticking it" to anybody, but if you're an independent contractor you
may be competing for some of the same business Digital wants. And you
can make a real good case for "all the good people are gone at Digital"
or any other FUD you want to dispense to get the business.
I've heard a number of stories (most nth-hand) but interesting - about
former employees who've been successful at getting business - in some
cases I believe it was business this company wanted. And I KNOW of
cases where former employees were/are in a position to help steer
business and have deliberately gone elsewhere. I have gotten phone
calls from former employees who needed consulting at their new employer
- WANTING THE PHONE NUMBER OF OTHER FORMER EMPLOYEES SO THEY COULD HIRE
THEM FOR THE CONSULTING!
An often unstated, but I believe real, goal of someone who perceives
they were unfairly treated in their termination is "I want to someday
have BPs replacement look out the window of the tower and say - Boy, we
SURE screwed up blowing that guy out the door! and then turning and
shutting off the lights for the last time."
I'd LIKE to think I'm mature enough not to work against a former
employer but I'm enough of a realist to know there'd be a small grain
of satisfaction in wounding the management that damaged me.
|
3257.62 | | DECLNE::TOWLE | | Fri Jul 22 1994 11:29 | 9 |
| rep .60
Tell that to your family! The ones who you've been saying that
you're working as hard as you can, but it never seems to be
enough! these are the prople who depend upon you for the main
source of your income. I know that I can't survive on $185.00
per week if I get the axe.
No smiley face here!!
|
3257.63 | | NYOSS1::CATANIA | | Fri Jul 22 1994 12:18 | 7 |
| Well from what I've seen so far from this company, we don't have to
worry about ex-employees. We have seen the enemy and they are us!
This company has done more to shoot itself in the foot then any amount
of ex-employees ever will!
- Mike
|
3257.64 | Is the Package better for < 5 yr employees? | DASPHB::PBAXTER | | Fri Jul 22 1994 14:56 | 9 |
| Question:
Is it true that a 1 year employee would get 4 + 4 weeks !
Under the old plan I think it would have been 4 + 1 week
Seems like a big increase for employees with < 5 years employ?
|
3257.65 | Those with more seniority more likely to get TFSO'd? | ROWLET::AINSLEY | Less than 150 kts. is TOO slow! | Fri Jul 22 1994 15:04 | 21 |
| The following reply has been contributed by a member of our community
who wishes to remain anonymous. If you wish to contact the author by
mail, please send your message to ROWLET::AINSLEY, specifying the
conference name and note number. Your message will be forwarded with
your name attached unless you request otherwise.
Bob - Co-moderator DIGITAL
================================================================================
Though I have not done any sort of exhaustive survey or research I have
noticed that almost all the people I have heard of getting laid off this
spring were over 10 years with the company, a lot over 15 year, and a few
over 20 years. Has anyone else noticed a trend toward laying off those
with longer time at digital? Does this have any implication toward age
discrimination?
Thoughts? Anyone collected any actual statistics?
|
3257.66 | that's not all! | MPGS::CWHITE | Parrot_Trooper | Fri Jul 22 1994 15:11 | 20 |
| I would agree, being one of those who got 'tapped' in May. I got 20
years in.
I would also state that the mentality used to select those individuals
was NOT based on anything other than 'good-ole-boy' stays. I have been
cited on many occasion for fighting the system as I see it as something
that needs to change to make the company better. I call em as I see
em, and that pi$$ed a log of management on my old organization off.
Well TOUGH! It needed to be said, and I said it!
The other reason for my belief's are that I was (at the time of
tapping) working on a LAN service offer.......you know, the thing that
Rando say's was core to the service business.....I was the 'netware'
trained process engineer.........Guess WHAT three of the four process
engineers (totals about 48+years experience) were 'tapped'....and guess
what else? The project was re-staffed and continued after we left.
What a company! (said in Smirnof's accent)
chet
|
3257.67 | | RULE62::kh | If I had it to do all over again... | Fri Jul 22 1994 15:16 | 18 |
| Part of the problem here is that we're starting to run out of people
with lesser amounts of seniority. (The had greater amounts of
juniority?). Hiring slowed in many groups in the late 1980s. By the
early 1990s the influx of new people had dramatically slowed. It's
inevitable that the number of years would start to shift higher and
higher.
There are a number of procedures involved in the TFSO procedures to
help ensure, in the US anyway, that we do not have a disproportionate
number of people in any group (age, sex, job code level) among the
departed.
That said, I have grieved at the talent and character we've lost in
the recent layoffs. We've jettisoned many of the people I would rely
on if I wanted to bring a business out of troubled times.
|
3257.68 | I am Digital to most of my customers | UNYEM::JAMESS | | Fri Jul 22 1994 15:21 | 5 |
| If Digital were to lay me off, I would take as many of my customers
with me to my new employer, not to be spiteful but to be an asset to my
new employer.
Steve J.
|
3257.69 | | NYEM1::CRANE | | Fri Jul 22 1994 15:27 | 4 |
| .68
I think there is something in the paperwork that you signed when you
started here that you can`t take them with you and you can`t bring them
with you.
|
3257.70 | AH HA! A new revenue source! | SSDEVO::KELSEY | | Fri Jul 22 1994 15:35 | 3 |
| so let DEC sue .68 for the small change they gave him when they
laid him off to punish him further for any customer loyalty he
may have earned in spite of DEC. Sounds typical....
|
3257.71 | | NASAU::GUILLERMO | But the world still goes round and round | Fri Jul 22 1994 15:36 | 22 |
| The first package was selectively administered. You could volunteer
_if_ you were in a targetted organization. (That was the formal
line. I heard stories about people -- mostly connected upper mgmt
types -- sound familiar? -- who lobbied for eligibility). All those
in "critical" /non-targetted organizations could only watch balefully
from the sidelines as various employees got set up to be _their_own_
bosses (no more of this "can't get a 1 performance rating but you can
be a ""high-2" for *them*.)
The second package, slightly lower but for all intents and purposes
equivalent, was voluntary if you did so within a two week period.
(When I got the word the real time was effectively little more than a
week). Once the window closed it was shut. Yet more stories began
to surface about those with -- you guessed it -- connections who
could take advantage of the system.
All subsequent packages have been "involuntary". Guess I just don't
have the "skills" to play the game.
Why should I want to change an un-ending round of scapegoating
and wage freezes/single-percentage increases, and victimization?
I have my nerve don't I?
|
3257.72 | go ahead and sue | UNYEM::JAMESS | | Fri Jul 22 1994 16:14 | 7 |
| re .69
How could Digital stop any customer from signing a maintenance
agreement with a third party vendor? ..... They can't. A customer can
do whatever they want with their business.
Steve J.
|
3257.73 | Round up the usual conclusions | TLE::RALTO | Dangling core value proposition | Fri Jul 22 1994 16:44 | 21 |
| >> Part of the problem here is that we're starting to run out of people
>> with lesser amounts of seniority. (The had greater amounts of
>> juniority?). Hiring slowed in many groups in the late 1980s.
I think that if you look at the actual figures for employee
population year-by-year, you'll see that there was an immense
hiring binge in the late 1980's, particularly in 1986 and for
a few years after that, gradually tapering off as the light
dawned (or should I say dimmed?).
It was such a "pig in the snake" that I'd venture that half
of the employees have been here less than ten years. And yet,
even a casual reading of "goodbye" notes would tend to indicate
that *far* more than half of the TFSO's are from the 10+ year group.
In fact, the anonymous note a few back commenting on this effect
looks almost word-for-word like a note I'd entered into another
conference a month or so ago. At least I'm not the only one who's
noticed.
Chris
|
3257.74 | There's competition and then there's revenge.... | CALDEC::SUCHMA | | Fri Jul 22 1994 17:33 | 22 |
| RE: .61
I hear what you are saying about becoming a competitor of Digital,
and can't disagree. Once you work somewhere else, you are free to do
as you wish within the boundaries of business ethics (if that's not
an oxymoron) and any agreements you may have signed with your former
employer.
RE: .62
Maybe I misunderstood you. It sounds like you could justify trying to
steer business away from the Digital only because of harm done to you
and yours by the company? This is really more likely to hurt folks
like yourself who still happen to be with the company. Despite what
some say, many are still here not because they're part of an "old boy
network", but because they were lucky enough (for now) to be someplace
that's somehow sheltered from the seemingly chaotic restructuring, and
random axing (not to preclude the idea a higher-up in our organization
might be part of an OBN, though that's not our fault). I wouldn't make
light of the hardship people may experience, but do you really think
a stab at the company will hit only the management targets many seem
to hold responsible for our current problems?
|
3257.76 | No Age is Safe | ASABET::LONDON | | Fri Jul 22 1994 18:22 | 13 |
| I do not agree that Digital is just hitting the people who have been
hear 10+ years.
As a member of the late marketing development program, there were about
50 people who got tapped ages 21-24. - Between 5 months and 1.5 years
with the company.
They were the nations top college graduates and were told that they
were being trained to eventually improve Digital's marketing problems.
It just seems like they are going after the old because there are more
old.
|
3257.77 | It is management stupidity at its best | POBOX::CORSON | Higher, and a bit more to the right | Sat Jul 23 1994 12:47 | 22 |
|
Mr. London is correct. It has nothing to do with age, seniority,
skills, or politics. The layoffs have a focus on organizations. If
senior management can not actually articulate what an organization
within their organization does, it is history.
Often, after the fact, management realizes it made a mistake and
recreates the old group.
The fact is Digital is an old company (in our industry) with more
baggage than most. It needs to catch the next train which is pulling
out of the station as we speak, and it must get rid of a lot of
baggage, or it is going to miss that train. And if we miss this one,
we are finished. (For those of you confused - the Train is 64Bits
long).
Senior management doesn't have a clue what is in any of the bags it
is dropping. It simply relies on other managers to tell them. If the
manager isn't sure, or properly articulate, it is gone.
My advice to you dear reader, is you better have your own butt
covered, cause no one else is....
Your deal............
the Greyhawk
|
3257.78 | Hooooold on there Johnny, wheres YOUR TICKET! | MPGS::CWHITE | Parrot_Trooper | Sun Jul 24 1994 10:25 | 9 |
| hey greyhawk........this is Digital.......you should watch out
for what you are saying!!!!!!!!!
You used the terms managenment and stupidity in the same sentence....
THAT'S REDUNDANT!
chet
|
3257.79 | Pension Plan with Plant Closure at ABO | ELMAGO::JMURPHY | | Sun Jul 24 1994 10:57 | 5 |
| A memo was sent by our HR that if you had more less than $3500.00
in the plan you would be recieving it as a lump sum, no choice.
If you had over $3500.00 you would stay in the plan and recieve
your pension when you reach the proper age. Wonder where they
came up with that figure?
|
3257.80 | What would YOU pay for you? | ULYSSE::ROEMER | | Mon Jul 25 1994 09:59 | 14 |
| How can they TFSO someone with umpteen years experience???
This sounds like a good argument for keeping all these old-timers till
you ask the question:" Umpteen years of experience in something we
need today?". And: "Do you need umpteen years of experience to do a
quality job?". Let us not fool ourselves: It is OUR job to keep our
market value up.
So let's talk about all these managers that would not know what they
needed for job skills if it hit them in the face. Sounds like a good
way to continue some of the sub-threads.
Al
|
3257.81 | | FILTON::ROBINSON_M | The Titanic had only 4 stovepipes | Mon Jul 25 1994 10:05 | 12 |
| I am surprised that 'old-timers' (no disrespect) are being carted out
first. Ignoring the REAL issues (what skills, what business need, and
so on), paying off people with more years costs more.
Many big stodgy UK companies have a policy of last in, first out
specifically to keep costs down (again, regardless of skills and other
factors).
I am more worried about my perception that women are being carted out
faster than men.
Martin
|
3257.82 | A near TFSO experience | MR1MI1::SWANEY | Escape is never the safest plan | Mon Jul 25 1994 11:20 | 14 |
|
This idea of laying off all the old-timers and woman is nonsense!
I was TFSO'D in mid June and with my package it contained a break down
or 1050 people in my org. with a break down of the # of people in
specific job codes. and also another sheet breaking down all 1050
by age. And it put all the TFSO people in there respected place.
and it was across the board as 'plain as day' for me it came down to
my job code. and there were 5 or 6 of us and we were all performance
level 2 (or better) and it came down to seniority me another TFSO'er
had only 7 years while the other 3 or 4 had 8,10,12,12 years in DEC.
Bill
|
3257.83 | re: .72 - watch what you say! | SWAM2::GOLDMAN_MA | Blondes have more Brains! | Mon Jul 25 1994 18:07 | 24 |
| re: .72 --
Digital certainly cannot stop a customer from going third party.
However, they can sue you personally and/or your TPM-employer (should
that be the case) for using your customer-base knowledge, which gives
them an "unfair advantage" in negotiation. The fact that you would
know the companies, names, system population and perhaps even contract
$$ amounts, and would give such information to your new employer, could
be considered an unfair advantage. It absolutely would be considered a
breach of the "non-disclosure" document all of us signs upon coming
into Digital. I don't recall the wording very well, but I believe that
this document bars you, even after you leave Digital, no matter the
circumstances, from disclosing "Digital proprietary, confidential or
internal" information to others. Customer data is considered
confidential.
Not agreeing with the above, just stating what I believe to be true.
Take care in what you do when/if you leave. A friend of mine *was*
sued by a (non-computer-industry) company when he left and most of his
customers (voluntarily, without any coercion or unfair advantage used)
followed him. His previous employer lost the suit, but it was a major
hassle for a while.
M.
|
3257.84 | Accrued Vacation Time - What If You Resigned ? | CSSE::FAHERTY | | Mon Jul 25 1994 20:48 | 20 |
| Re: the previous discussions about whether unused vacation is included in
addition to the TFSO benefits, and whether the unused vacation is paid in
lump sum or on a weekly basis.
What happens if you simply resign, having found another job outside Digital,
and have a substantial amount of accrued vacation time. In this case, you're
not subject to the rules of the TFSO program. As I understand it, because
of the policy currently on the books, you'd get your accrued vacation time in
a lump sum (somebody correct me if I'm wrong on this).
So, why should there be any difference on whether and how accrued vacation
time is paid on termination, regardless of the reason behind the termination.
It's an earned benefit, and there is a standing Digital policy on how that
benefit is to be handled in cases of termination. (Notwithstanding Digital
requiring you to agree in writing to take ALL severance, including accrued
vacation, on a weekly basis, in order for you to be able to receive both the
TFSO and vacation severance benefits). The weekly payment of the TFSO
benefits shouldn't surprise anyone, BTW. In fact, from what I hear about our
current borrowing ability, cash flow, etc., it's probably the only way
Digital is able to provide the package it has.
|
3257.85 | | TOOK::DELBALSO | I (spade) my (dog face) | Tue Jul 26 1994 10:12 | 7 |
| Other than lack of trust/confidence, what difference does it make whether it's
doled out weekly or provided as a lump sum? If I don't need it for weekly
expenses, say, because I have other income, and I want it as a lump in order
to make some major purchase, is waiting to accumulate it over n weeks that
big a deal?
-Jack
|
3257.86 | 20,000 minimum... | TPSYS::LAING | Soft-Core Cuddler * TAY1-2/H9 * 227-4472 | Tue Jul 26 1994 13:13 | 12 |
| Notice an important tidbit from the already-published Q4 Results:
> The company took a restructuring charge of $1.2 billion in the
> quarter to be used for workforce reductions of approximately 20,000 and
> the elimination of approximately 10 million square feet of space.....
>...These actions do not include
> workforce or facility reductions that may result from divestments in
> which Digital may engage.
This answers the much-debated question of 20,000 NOT including the people
lost due to selling off parts of the co.
|
3257.87 | $3500 not an arbitrary number... | NURSE::FLANAGAN | Not Fade Away | Tue Jul 26 1994 13:14 | 10 |
| RE .79
I believe that the $3500.00 cutoff is not set by Digital. A friend
explained how they figured out that amount - he works for an insurance
company and it has to do with figuring out how much they would need to
keep in the fund to be able to actually pay you something later. There
is a formula that they use to figure that out. I don't remember the
details.
Ruth-Ellen
|
3257.88 | | STRATA::JOERILEY | Legalize Freedom | Fri Jul 29 1994 01:34 | 9 |
| RE:.85
It's my understanding (but I'm not positive) that you can't file
for unemployment benefits until the weekly payments stop. So with the
new TFSO package they keep you hanging for 12 weeks instead of 4. They
spend less money (12 weeks instead of 12 weeks plus whatever they have
to pay into unemployment for the extra 8 weeks).
Joe
|
3257.89 | | VAXUUM::FARINA | | Fri Jul 29 1994 13:31 | 11 |
| "They" also remove themselves from the possiblility of the class-action
suit (a la IBM) where the former employees insist that their lump sum
payments were a pay-off for not suing for wrongful discharge and
therefore should be taxed as they were. I don't know that this is the
reason they made the change to continuous pay (it's probably a
combination of reasons), but I do know that some ex-Digital employees
have joined that class-action suit to regain some of the money that
went for taxes.
Susan
|
3257.90 | Oops... | VAXUUM::FARINA | | Fri Jul 29 1994 13:35 | 11 |
| Oops - that should have said, "...should not have been taxed as they
were."
When I was a supervisor and had to TFSO people (or, as HR so kindly put
it at the time, "involuntarily separate" them - reminds me of death
and dismemberment insurance!), I remember thinking, "There's no way I'd
sign any of this paperwork without having my lawyer read it first!"
And I still feel that way.
Susan
|
3257.91 | | NYEM1::CRANE | | Fri Jul 29 1994 13:44 | 3 |
| I`m looking for a lawyer as it is and I`m still employeed here! I
suspect that unemployment will be soon and I will NOT sign any forms
waving my rights to sue.
|
3257.92 | Is the waiver of rights still there? | LOCH::SOJDA | | Fri Jul 29 1994 13:55 | 10 |
| RE: .89
>> "They" also remove themselves from the possibility of the
>> class-action suit...
Susan,
Are you saying they no longer make you sign away your rights to sue
in order to get the full TFSO payments?
|
3257.93 | Probably still there... | VAXUUM::FARINA | | Fri Jul 29 1994 14:12 | 12 |
| I doubt that they no longer ask to sign away rights (lots of people
will be able to let us know for sure soon - myself included!). I'm
saying that if they give us continuous pay rather than a lump sum, none
of us can argue that the lump sum was a buy-out for not suing and
therefore not taxable as income (but as a settlement). It would be
clear that it would be taxable as income, because we'd be on the
payroll for the duration of the package. (I talked to one person who
said that if they win the suit, he expects at least $3K taken as taxes
to be returned.)
Susan
|
3257.94 | severance pay laws | ODIXIE::KFOSTER | | Fri Jul 29 1994 14:17 | 8 |
| It's also questionable whether Digital can make you sign as a condition
of receiving the continuous pay.
Digital is a Massachusetts based company, which I think requires
8 weeks of severance pay for layoffs. Maybe someone else can confirm
this, and whether that dictates layoff policies in other states?
So if they have to pay anyway, what's the inducement to sign?
|
3257.95 | | JAMMER::JACK | Marty Jack | Fri Jul 29 1994 15:12 | 8 |
| > <<< Note 3257.93 by VAXUUM::FARINA >>>
> therefore not taxable as income (but as a settlement). It would be
> clear that it would be taxable as income, because we'd be on the
> payroll for the duration of the package. (I talked to one person who
I don't see why this is clear. You are on the payroll for four weeks,
and then you are not on the payroll and receive the TFSO payment in N
weekly installments instead of as a lump sum.
|
3257.96 | | LEEL::LINDQUIST | | Fri Jul 29 1994 15:17 | 5 |
| �� I`m looking for a lawyer as it is and I`m still employeed here! I
�� suspect that unemployment will be soon and I will NOT sign any forms
�� waving my rights to sue.
...or to spell.
|
3257.97 | Whtzya sai | NYEM1::CRANE | | Fri Jul 29 1994 15:26 | 1 |
| Nobody said I haad to knooow how to spel in the frst plase:').
|
3257.98 | noj<sdfkbnj;sdf | MASALA::MROY | | Mon Aug 01 1994 06:57 | 3 |
| Is the TSFO the same for the UK as it is for the US???
|
3257.99 | re: UK package; note 909 in ... | CSOA1::LENNIG | Dave (N8JCX), MIG, @CYO | Mon Aug 01 1994 08:02 | 5 |
| No. I believe it is something like 3 mo. + 1 mo./year of service.
There are discussion of it in the ROCKS::UK_DIGITAL conference.
Dave
|