I'm just wondering how far they're going to go in making this place the least desirable to work fork in the country.
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Just got the 2018 Summary Annual Report from Xerox for the 401K. Odd, I think every company has 9 months from the year-end date, in this case December 31st, to send these out. So, why did it nearly take Xerox 12 months to get theirs out?
After Ichy”s monkeys have taken away everything they legally can, they will “temporarily” reduce your salary by 5% or have you take a week off with no pay.
Christmas will go :-)
Next benefit to go is benefit of the doubt. For example, thinking that after re-locating you won’t be terminated. Tuition assistance and 2% bone-us are also on the table.
Bathrooms. Getting rid of the bathrooms. Icahn hates places people can hide for 10 minutes and get paid.
Next benefit to go is Your Job
50% of pay in Xcoin, a bound to fail crypto currency, managed by guess who?
The flexibility to work remotely.
Reducing vacation, as mentioned in another thread. I can't see this happening to Xerox direct, but it could happen to those rebadged to HCL.
Reducing pay, this would be pretty extreme. If this happened, it would result in all the good people leaving.
Giving 0 for the employee incentive program announced earlier this year. It's never been clear to me how this would pay out anyway, so it's easy to wave their hands in the air and give nothing.
Reducing medical, but nothing would change until 2021 as we already have 2020 set.
Reducing or eliminating 401k match. This is the most likely to happen short term, though there are no signs I've seen it's being considered.
Search on "Carl Icahn worker benefits". You'll find a treasure trove of information that proves he has no respect for the middle class American worker. His motto should be Make The Middle Class Poor Again. Since it became illegal to raid pension funds, he's gone after worker's benefits in every single company he's ever touched. You should put forth an effort that is commensurate with your compensation. If your total compensation is decreasing then decrease your effort.
No time given for our xmas do. Thats low, real low. UK based.