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Rant rant rant rant rant rant rant 
17th-Mar-2009 01:15 pm
All I want to do today is in the title...

What is wrong with people?

Starting with the guy who nearly hit me with his car because, obviously this is one of those idiots who thinks that checking his blind spot is for sissies because the guy was so close I knew he didn't turn his head once. I know I'm not a big person but we're talking about a full sized car here! Maybe surviving long enough to get to work is too much of a challenge for him? But there are those of us who actually value our own lives.

It was fortunate for both of us that I do pay attention and do the 'little' sissy things like checking my blindspot, else one of us may have ended up dead this morning (This was at full speed on the highway). And my luck, it might have been me.

So I didn't start off on a really good mood and it just got worse as emails were flying around regarding our wonderful CEO and information that people have been discovering since the announcement of salary cuts.

We had been told of the wonderful salary reductions weeks ago. This was to avoid laying people off, which I had considered an atypical action of my company since it seemed to show a modicum of caring for its employees.

But surprise, surprise, we've all been discovering that its just really a bald-faced, hypocritical sham. The 20% pay cut for the execs don't touch their bonuses. And what is the bonus for our biggest honcho (whose salary is about 1.4 mill)? Over 40 million !!!! Yes, let's all pull together now and weather this storm together. Bull.

Oh and did anyone notice that we made 1.9 BILLION!!! in profit in the first quarter of THIS YEAR. But that's obviously so low that employees are being asked to take this wage cut?

And the audacity of the CEO to say that these are "Voluntary salary adjustments". Hello? When the only alternative these days is salary adjustment or joining the millions on the unemployment line...could that really be considered voluntary? And last time I checked, no one asked me if I was agreeing to this.

How many of us feel like someone is putting a gun to our heads in order to 'voluntarily' accept this salary reduction?

Our CEO's words? "__does not employ indentured slaves; but willing employees who may leave at any time they desire."

Rant rant rant rant....
17th-Mar-2009 06:43 pm (UTC)
I think you need a bigger font.


17th-Mar-2009 06:46 pm (UTC)
Maybe one that blows up too!
17th-Mar-2009 06:50 pm (UTC)
OH, yes. I don't know how to do that, though. :^)
17th-Mar-2009 06:52 pm (UTC)
I wish I could do cool animated graphics like that.
17th-Mar-2009 06:46 pm (UTC)
I love when the execs get huge bonuses-- it was particularly nice when the companies that were being bailed out because they were going bankrupt gave their execs huge bonuses. HELLO, you get a bonus for driving the company to bankruptcy?

I think the employees should find out the private phone numbers for the big bosses and pass them on to EVERY CHARITY you know, so they can swarm all over him.
17th-Mar-2009 06:48 pm (UTC)

And one of the compensations that our big honcho got was over 200k in home and personal security. Right, to protect them from all the pissed off employees no doubt.
17th-Mar-2009 06:52 pm (UTC)
200k in home security? Well, yes, it's only right, he must live in a flickin' MANSION.

Hey, maybe the employees can go to his house and get jobs scrubbing the marble floors and polishing the goldware and fine crystal?
17th-Mar-2009 06:54 pm (UTC)
It really is unbelievable to me how these people can justify this kind of behavior. I bet AIG is just the tip of the iceberg.
17th-Mar-2009 07:39 pm (UTC)
Obscene perks being guaranteed for the execs regardless of the performance of the business seems to be standard operating procedure these days, along with expecting the people who actually perform the physical work of the company to make great sacrifices for the company.

Back before I got fed up with the newspaper I kept reading little squibs about such-and-so selling off his second or third vacation home because he hadn't visited it in years, and then a few weeks later there'd be an article about someone who worked for his company having to sell their only home because the company's health insurance policy wouldn't help them out with a catastrophic illness. That's fair and equitable.
17th-Mar-2009 08:12 pm (UTC)
It's just not fair!!!
17th-Mar-2009 08:19 pm (UTC)
It isn't even good for the business- if only a few people have most of the money, then who buys the products/can afford the services of the company? The guy with the big bucks isn't going out and buying small/middle-size stuff, he's off buying a Matisse to hang in his bathroom.
17th-Mar-2009 08:17 pm (UTC)
That is bloody frelling obscene. OBSCENE What, that piece of utter dreck can't make do on a mill a year? FRELL HIM and everyone like him.

And they wonder why employees sometimes go postal.
17th-Mar-2009 08:24 pm (UTC)
Yup. It is majorly obscene.
17th-Mar-2009 10:25 pm (UTC)

Glad you're still in one piece.
17th-Mar-2009 11:58 pm (UTC)
18th-Mar-2009 01:01 am (UTC)
I'm so glad I'm retired--education in California just sank even further into the mud with Arnold's budget cuts.
18th-Mar-2009 02:05 am (UTC)
*sigh* You're lucky. I wish I could retire too...
18th-Mar-2009 01:59 am (UTC)
If his company is doing so badly as to have to cut pay, I would expect that he wouldn't get ANY bonus anyway.

Where's the union? Or aren't the unions as powerful in Canada as they are in OZ? In the places I have worked there would have been some major industrial strife if paycuts were even mooted!

*hugs of peace and calm for you*
18th-Mar-2009 02:08 am (UTC)
The problem isn't the company doing badly. They did make 1.9 million in the first three months of this year. It just wasn't as large as in previous years.

No unions unfortunately so they pretty much can do anything they want to us and make it sound like they're doing us a favour. Except that they didn't figure that we might actually have brains and could read and do basic math and realize that it's all smoke and mirrors.
19th-Mar-2009 02:00 am (UTC)
*angry* It is so shortsighted!

Any more news today?
19th-Mar-2009 02:04 am (UTC)
Yes. Very. *sigh* We have a company-wide meeting tomorrow so I'll know better then. But after what happened today with AIG in the US, maybe these guys will wise up? Or is that being foolish?
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