I'd be willing to bet my 401K that the usual double standard will be seen. CFO Wallette sent email to managers below him saying "we will not give EOI to people about to retire.." Essentially stating we won't pay them to leave. However, I bet that a lot of managers and long serving people close to management will get an EOI and others who don't play the political bullshit games won't. Typical corporate double standard
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So, who decides who is "about to retire"? What's the criteria for that?
The way around the EOI's by the manager is to lay the person off. The employee lose nothing - collect all the benefits of the EOI's and then gets to collect unemployment. That is how I would handle it! Wallette is a s--- a-- and has the brains of a Ding Dong - the one that has the filling in it!
I wouldn't want to manage somebody who asked to leave and was refused. Bad, bad, bad. Especially at a high salary and close to retirement. That's a load of dough to give to a now highly unmotivated and pi55ed off staff member.
They speak wth forked tongue!