The severance package would have to be HUGE. $15K for every year of service plus the Bank would have to Fund my 401(k) to the MAX for those 2 years at no cost to me. Plus an immediate increase of salary of 100% And I would be on VACATION 2 weeks a month.
If an employee decides to quit talking to the bank after 10 or 20 hours, what can the bank do? Not a Blessed thing Any judge would consider that the ex-employee was working in "good faith" and that the bank was not. Sue me and find out -----Original Message----- From: IBM Mainframe Discussion List [mailto:IBM-MAIN@LISTSERV.UA.EDU] On Behalf Of Tony Thigpen Sent: Thursday, October 22, 2015 10:48 AM To: IBM-MAIN@LISTSERV.UA.EDU Subject: Re: Fwd: Bank’s severance deal indebts laid off IT workers to be ‘on call’ for 2 years of tech support — without pay I wonder how much $$ the severance package provides. That could be considered a 'Retainer' for 2 years. So, they are not providing the support 'without pay'. And, if an employee decides to quit talking to the bank after 10 or 20 hours, what can the bank do? Any judge would consider that the ex-employee was working in "good faith" and that the bank was not. Tony Thigpen Paul Gilmartin wrote on 10/22/2015 01:31 PM: > On Thu, 22 Oct 2015 12:14:15 -0500, Ed Gould wrote: >>> >>> http://www.rawstory.com/2015/10/banks-severance-deal-indebts-laid- >>> off-it-workers-to-be-on-call-for-2-years-of-tech-support-without-pay >>> / >>> > Y'know, sometimes you have really bad broken URLs. Repaired (I think): > > http://www.rawstory.com/2015/10/banks-severance-deal-indebts-laid-off- > it-workers-to-be-on-call-for-2-years-of-tech-support-without-pay/ >>> > But the article describes only the quid, not the quo of the quid-pro-quo. > If the employees dislike the offer, they're free to leave with no > severance compensation. Not that they're likely to relish the prospect. > > -- gil > > ---------------------------------------------------------------------- > For IBM-MAIN subscribe / signoff / archive access instructions, send > email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN > > ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN ---------------------------------------------------------------------- For IBM-MAIN subscribe / signoff / archive access instructions, send email to lists...@listserv.ua.edu with the message: INFO IBM-MAIN
