Vesting schedules are a damn joke these days. Who stays at a company for five-plus years? People would, but they get run off by extreme boredom, garbage managers and layoffs.
I don't consider anything that requires vesting a positive.
Dell lays off 12,500 people
61–70 of 102 posts
Re: Dell lays off 12,500 people
#62hey the economy is doing great, what you are feeling is a "vibecession". Don't look at the hundreds of thousands of tech employees fired in the past 2 years.
An unfortunate truth about large tech companies is the amount of fluff on payroll. Layoffs are often just a basic cleansing.
Re: Dell lays off 12,500 people
#63Earlier quoted context omitted.
Grading exit packages on a curve instead of what workers deserve only carries water for Dell and sets an ever lower bar for every subsequent round of layoffs.
Who decides "what workers deserve" ? The way I see it, if you want something fair it can't be solely the worker nor solely the employer. And the governement would be too easy to be pushed too far one way or the other, depending on political climate. Which is why unions should be pushed more, so employers and employee can negotiate than on equal terms (and not employer versus single employee). Not american, and that's…
Presently Dell singularly decides without input from labor or the government
Re: Dell lays off 12,500 people
#64Earlier quoted context omitted.
Not so. Being included in a RIF (reduction in force) is legally different than getting fired. Ask anyone who knows anything about corporate HR.
I'm not finding any legal difference in the US. What difference do you know of?
If you're fired with cause, no severance, else, severance. It is quite common knowledge.
Re: Dell lays off 12,500 people
#65Earlier quoted context omitted.
Okay, how should it be graded? What's preventing me for arbitrarily choosing a number like 100 months? Averages might not be perfect, but at least everyone can agree on it.
You can choose 100 months then advocate your position on its merits, if you like. This is a political question, a contest of power and resources, not a math problem. Scaling severance to be proportionate to the average period of unemployment at the time of firing would ensure the company doing the layoff would bear their share of the societal burden of unemployment they are helping to create.
When I got laid off from GE I received a severance and bonus. They trained me on how to apply for unemployment so that my severance wasn't calculated. So I got unemployment and was able to bank my entire severance. If you follow the instructions without the help of legal advice your unemployment starts when the severance runs out.
Re: Dell lays off 12,500 people
#66Earlier quoted context omitted.
Who decides "what workers deserve" ? The way I see it, if you want something fair it can't be solely the worker nor solely the employer. And the governement would be too easy to be pushed too far one way or the other, depending on political climate. Which is why unions should be pushed more, so employers and employee can negotiate than on equal terms (and not employer versus single employee). Not american, and that's…
Presently Dell singularly decides without input from labor or the government
I am absolutely aware, which is why I'm asking you who you think should decide in this case ?
Re: Dell lays off 12,500 people
#67Re: Dell lays off 12,500 people
#68Wow, this feels like a middle finger on the way out the door: > Severance for most will likely involve a payout of two months wages plus a week per year served up to a max of 26 weeks A week per year of service?
Wow what were you expecting? A year per year of service?
Re: Dell lays off 12,500 people
#69Earlier quoted context omitted.
Who decides "what workers deserve" ? The way I see it, if you want something fair it can't be solely the worker nor solely the employer. And the governement would be too easy to be pushed too far one way or the other, depending on political climate. Which is why unions should be pushed more, so employers and employee can negotiate than on equal terms (and not employer versus single employee). Not american, and that's…
Presently Dell singularly decides without input from labor or the government
Government has a say by creating legal framework governing how layoffs work.
Re: Dell lays off 12,500 people
#70kudos for giving out an actual number of humans fired. instead of the usual, de-humanizing percent of employees usually given
How is a count more "humanizing" than a percentage? They're both numbers.