RoyJackson
Rest in Peace
- Joined
- Nov 17, 2001
- Messages
- 23,144
- Location
- Bethel, Vermont
- Tractor
- John Deere 4052R Cab,, Deere 855D UTV, Z920A Zero Turn Mower and assorted implements
2020-04-01, 0342
28 right now...high in the upper 40's today...
Got an e-mail yesterday (from the company VP of HR) requesting all salaried non-exempt (which I am) volunteer to take a 20% pay cut for 12 weeks. Since I'm drawing full social security, I can swing that without too much pain. Funny thing, company claims we had a banner year in 2019, but with the 737 fiasco, the COVID-19 virus (airlines shutting down or cutting way back) and, of course, some bad decision making by corporate...I guess those 2019 profits evaporated. Well, a cut is better then an unpaid furlough or layoff (one of which is still coming, no doubt). Even with this, we're still doing better than a lot of folks...
BTW, the payback (by the company) is, those who volunteer for the pay cut, will get 10 extra days vacation in 2021...
This is pretty cool...
28 right now...high in the upper 40's today...
Got an e-mail yesterday (from the company VP of HR) requesting all salaried non-exempt (which I am) volunteer to take a 20% pay cut for 12 weeks. Since I'm drawing full social security, I can swing that without too much pain. Funny thing, company claims we had a banner year in 2019, but with the 737 fiasco, the COVID-19 virus (airlines shutting down or cutting way back) and, of course, some bad decision making by corporate...I guess those 2019 profits evaporated. Well, a cut is better then an unpaid furlough or layoff (one of which is still coming, no doubt). Even with this, we're still doing better than a lot of folks...
BTW, the payback (by the company) is, those who volunteer for the pay cut, will get 10 extra days vacation in 2021...
This is pretty cool...
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