On Jan 28, 2008, at 8:51 AM, Ron Wells wrote:
cutting salaries ... > ummmm.....
since I know IBM has lots of fat....and on the top end as well>>
like many
other firms ... I would also suggest bonus's and the mill. dollar
salaries
be cut as well....
money back in the company to expand....make more job's ... OK I get
that
... but top guys not taking a hit as well.... I have a problem with
it....
Ron (and others)...
What wasn't posted was the fact that the salaries are being cut as a
result of a lawsuit claiming that IBM didn't pay overtime and
classified employees incorrectly so they couldn't get overtime. There
was much ado about OT (and not getting paid for it and the lawsuit
(IBM Lost and had to cough up millions). It goes to the root of when
people should get paid for OT.
If it were an issue of cost savings it would be one thing but to take
it out because IBM refused to step up to the plate and being the
"good guy" is a different story, IMO.
Ed
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