Biggest difference is that Executives get a lump sum, regardless of years of service.
Thy need t let HR know within 2 weeks!
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There was no announcement and nothing on mysite.
Guess that's a good sign that they are looking to start at the top..where the deep pockets are!
No, two more weeks is going to destroy our sanity.
I hope so, 2 more weeks of pay helps
Do we now have to wait another two weeks while they decide?
Executives are on a different scale about 10 years ago the pay scales changed. They were levels 1 ,2and 3 but that changed. So they are now above an L7 director level. The regrading made higher numbers higher in the organization and even before that the pay grades for non executives when from 36 to 51. Every decade the dictionary changes the hierarchy scale, it takes a team of VPs to cement the confusion in place
What level is considered an executive?
Bloat bloat get off the Pratt boat :)
Executives are a different type of employment agreement they have a contract that must be honored. Probably a clause for early release without cause.