Log in

No account? Create an account
Random Musings
Take this job and...oh wait, I don't have a job anymore...bleah... 
28th-Sep-2009 05:05 pm
I'm not in a good mood today. Not depressed. Just angry. Well, maybe angry and depressed. Not enough to stop writing but enough to want to vent.

I'm a senior systems analyst. A working one until over a month ago. I really don't understand how the higher corporate mind works. Okay, yes I do and that part of it is what makes me angry. But I also don't.

We were given pay cuts earlier in the year. It was to span the entire company, including the top execs. Well, I thought, at least they're fair. They're willing to, well maybe not slum it like the rest of us but they are amenable to taking one less vacation this year. For once a decision that makes them seem human.

Until, on publicly available information, we found out that the pay cuts, 5-15%, don't affect the bonuses of the execs. If the salaries of the very top exec is in the millions, guess what his bonus is? Any guesses? 40 million. Yes, 40. Million. I could work my entire life and not make that much. So, what's this about equity and taking it on the chin like the rest of us?

And the man had the gall to say that we were all given a choice about the pay cuts. Bull, no one asked us.

But what can you do, its either that or people start getting laid off.

Oh, and the piece de resistance? The company actually made billions in profit in the first quarter, before the pay cuts were announced. WTF!

Now, months later, they start laying people off, including moi. We all have the privilege of becoming one of the nameless statistics.

And the damned company is still making billions in profit!

Yes, I know the bonuses are tied to share prices. But, in these tough economic times, does it make any long-term sense to send people out on the streets to add to the situation when what you want is the economy to improve? How does making people destitute do that exactly?

Oh, right, the big cats will get their bonuses. They won't be destitute. And that's all that counts.

Avon Angry
28th-Sep-2009 09:46 pm (UTC)
There's not really anything I can say that will make things better. :~(

*long distance hug*
28th-Sep-2009 10:20 pm (UTC)
Gladly accepts hug. I'll just keep writing. Maybe do another episode 'review'. That always makes me feel better. Maybe another photo cartoon too.
28th-Sep-2009 10:37 pm (UTC)
I'm working on another picture to cheer you up. Meanwhile, why not start working on an embezzlement plan?
28th-Sep-2009 10:41 pm (UTC)
Meanwhile, why not start working on an embezzlement plan?

Now, that's an idea...
(Deleted comment)
28th-Sep-2009 11:01 pm (UTC)
Thanks. Much appreciated.
29th-Sep-2009 01:21 am (UTC)
It's this sort of obscene shit that causes revolutions.
29th-Sep-2009 01:30 am (UTC)
Yes, people who lie and force their will over others just because they feel they have the right to without any regard to how others feel. Hate them with a passion.
29th-Sep-2009 02:10 am (UTC)
Executive bonuses have become steadily more and more obscene and less and less a reflection of their actual job performance. I could not believe that the companies with the multi-billion bailouts waited to ask for the bailouts until right AFTER they'd given all their top execs every last DIME of the absurd bonuses (the company is declaring bankruptcy-- you DESERVE a bonus for the way you've run it into the ground).

I suppose the only thing for normal people to do is learn to become really good whores and suck up to the execs for a living.

29th-Sep-2009 02:31 am (UTC)

Yes, it is obscene. Their bonuses should be tied to the performance of the company, not share prices. And the performance of the company should not be artificial profits gained by robbing the employees.

Perhaps a life in embezzling. Time to work for 'myself'.
29th-Sep-2009 08:05 am (UTC)
It beggars belief that employers would put off valuable staff when it is not necessary. Good staff are what make good businesses. Large corporations are like that though.

Salaries (and bonuses) of large corporate executives are obscene, the amazing thing is even if the the company is doing badly the executive salaries are largely unaffected. :(

Hang in there, times will change and then there will be a shortage of skilled labour again.

This page was loaded Sep 17th 2019, 10:03 pm GMT.