Thread regarding Fiserv Inc. layoffs

Ex-employees back as Contractors?

Anyone aware of any ex-employees invited back as contractors, hearing some chatter around that but no names.

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| 2041 views | | 8 replies (last March 11, 2022) | Reply
Post ID: @OP+1fG62PP5

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Here is a tale for a smile, not Fiserv but Aon. A very good lawyer was terminated just like that, so he walked. Aon then realized they made a horrendous mistake and nicely invited him back. NO NO he said, you fired me so now we will talk salary. Wonderful indeed.

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Post ID: @1wxh+1fG62PP5

I’ve been contacted about a return. And it felt great that they had to ask. But it even felt better to tell them to F off. And I’m not the only one it’s happened to

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Post ID: @1axz+1fG62PP5

That would be fun. I'd be certain to charge 3x my original salary... and if they were desperate, it'd be a C2C contract to my newly-formed Chapter S, so the tax rate never got above 15%. Most people don't realize how expensive self-insured healthcare and quarterly taxes can get either, so.

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Post ID: @1nof+1fG62PP5

This usually happens when the direct manager didn't have a say in the layoff. Or they said something, but their objection was ignored. Then when someone a bit higher up realizes 'OH... that's what you meant. OOPS! We messed up.' then you get to hire the person back as a contractor to bail you out, if they'll do it. I had this happen once and, after I had my laughing fit... I was happy to charge right at twice my old hour rate to help them out for a couple months :)

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Post ID: @1jfi+1fG62PP5

Contract workers are the best to have on a payroll. I was one for 3 years and never, ever, got a raise as did my entire department. They get no paid vacation so you can take off whenever you want and go broke. No health benefits so if you die, it is on you. Firing easy as you wait until the contract is up and, well, do nothing. Poof - gone. My colleagues were wonderful as was my department but very glad to be out.

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Post ID: @1mpz+1fG62PP5

Yes. I know of two people

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Post ID: @1pzw+1fG62PP5

I know of several in Bank Solutions. Mostly recently retired working 2 days/week mainly focused on specific work. One was a layoff spinning wheels until rehire in New department.

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Post ID: @1zln+1fG62PP5

I heard the same thing but don't know of it actually happening

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Post ID: @tqa+1fG62PP5

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