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Conference 7.286::digital

Title:The Digital way of working
Moderator:QUARK::LIONELON
Created:Fri Feb 14 1986
Last Modified:Fri Jun 06 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:5321
Total number of notes:139771

1528.0. "What's the package" by ELMAGO::AHACHE () Wed Jul 10 1991 16:21

    
    What package is being offered, is it still the 13 weeks plus 3 
    weeks for each year or has it gotten smaller?
    
    
T.RTitleUserPersonal
Name
DateLines
1528.19+1CSCOA1::ANDERSON_RMon Jul 15 1991 11:373
    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????
1528.2What I rememberLURE::CERLINGGod doesn't believe in atheistsMon Jul 15 1991 12:0628
	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
1528.3Other aidsLURE::CERLINGGod doesn't believe in atheistsMon Jul 15 1991 12:1322
1528.4package 4 ?2CRAZY::SYSTEMMon Jul 22 1991 20:165
    
    The minimum is now 9 weeks?   Is this package #4  or something?
    
    How long in affect?
    
1528.5CSC32::PITTSat Jul 27 1991 03:276
    
    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. 
    
1528.6Data, please...GIAMEM::MUMFORDDick Mumford, DTN 244-7809Mon Jul 29 1991 13:074
    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?
1528.7HP is NOT laying off!!COOKIE::LENNARDRush Limbaugh, I Luv Ya GuyMon Jul 29 1991 17:0211
    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.
1528.8NOTIME::SACKSGerald Sacks ZKO2-3/N30 DTN:381-2085Mon Jul 29 1991 17:214
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.
1528.9SUBWAY::MCILREEMon Jul 29 1991 20:055
    Re: -1
    
    That sounds like IBM fired him/her. Lots of people have been fired
    from IBM, but none ever laid-off. Go figure.
    
1528.10OAXCEL::KAUFMANNBright at midnight, dark at noonTue Jul 30 1991 12:139
    RE: .7
    
    HP has "excessing."
    
    IBM has "Management Initiated Attrition (MIA)."
    
    If these aren't defined as layoffs, they closely resemble it.
    
    Bo
1528.11Abbreviation?AYOV27::ISMITHOff to Severance CityTue Jul 30 1991 13:114
    For an ignorant foreigner, and a disciple of RVSP with twoo weks to go,
    what does TFSO stand for?
    
    Ian.
1528.12RE: .11DEC25::BRUNOFather GregoryTue Jul 30 1991 14:131
         TFSO = Transition Financial Support Option
1528.13and I thought it was...WLDWST::KINGImprovement begins with IWed Jul 31 1991 05:406
    
    
         TFSO = Trite Face Saving Obfuscation ??       
    
    
    
1528.14So that's itAYOV27::ISMITHOff to Severance CityWed Jul 31 1991 06:485
    From an obfuscatory point of view TFSO beats our RVSP (Restricted
    Voluntary Severance Programmme), although this is strangely close to
    RSVP.
    
    Ian.
1528.15another definition ... 8-(ATLANA::SHERMANGetting closer to the Son!Wed Jul 31 1991 11:483
		TFSO = Thanks For Shoving Off ...

1528.16Laid-off or Fired??ELWOOD::CHRISTIEFri Sep 27 1991 18:5910
    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
    
1528.17Fleet cars vs. layoffs?RT93::KALIKOWWed Oct 02 1991 14:077
    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?
1528.18This buyout has been around awhileSAURUS::AICHERWed Oct 02 1991 14:1510
    re -1
    
    
>    "turned into a pumpkin?" 
    
    So might the package....:^)
    
    Mark
    
    
1528.19Same packageCLOVAX::BARNETTWed Oct 02 1991 16:1311
    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.
    
1528.20BAGELS::REEDWed Oct 02 1991 18:197
    
    
    	Is/Was .2 really correct?
    
    	Isn't the latest package the same as the previous, 13 & 3?
    
    
1528.21You can purchase the carCUJO::CRANEThe original BUDMANWed Oct 02 1991 20:3410
    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