Principal employees

[pfgemployee]

What the F>>>>>>>>>>


A 7% decrease in pay!
A 10% if you make over 100K!
25% decrease in PTO maximum
No tuition reimbursement

 

[benjay]

that is harsh

 

[keepngoal]

or....

100% decrease in pay and walking the streets.

hmmmmmmmmmmmmmm................. choices.

-keep.

 

[Stewo]

That or not a have a job at all.

 

[pfgemployee]

or....

100% decrease in pay and walking the streets.

hmmmmmmmmmmmmmm................. choices.

-keep.

Oh there will be plenty of that next quarter as well. That's why they are reducing the PTO banks. They don't want to pay your vacation time when they fire you.

 

[Chad]

Is this across the board? Was this in the paper this morning or on the news or something?

 

[cmoneyr]

Yeah, what are the specifics of this?

 

[pfgemployee]

Is this across the board? Was this in the paper this morning or on the news or something?

Email sent to all employees about an hour ago.

 

[cmoneyr]

All areas of the company?

 

[pfgemployee]

2% decrease for those making less than 40K.

This reminds me a lot of what's happening across this nation. It looks like if you make over $40K, you're rich.

 

[pfgemployee]

All areas of the company?

Yes

 

[isudoc03]

I know if my employer was making cuts I would be working rather than posting on a message board.

 

[cmoneyr]

Any of our other Principal posters that can confirm this?

 

[benjay]

I know if my employer was making cuts I would be working rather than posting on a message board.

I'd be dusting off my resume and trying to get out of the train before it wrecks.

 

[thunderdave]

it's true

 

[CarolinaCy]

I know if my employer was making cuts I would be working rather than posting on a message board.

Yes, the OP's FIVE total posts on this site show that he is an habitual slacker. Back to work!

 

[pfgemployee]

I know if my employer was making cuts I would be working rather than posting on a message board.

Or maybe you'd be posting on your day off and you got the email via bberry, because you're a dedicated worker.

 

[tec71]

are they actually taking away PTO that is already in the employee's PTO bank? without paying it out? or are they just lowering the cap so that people bump up against it?

 

[DaddyMac]

Ouch.

We had a salary freeze for everyone over 60K this year. 2% or so for those under.

Bonuses were there for the lower tier employees, but didn't amount to much (fortunate/surprised to get anything). Execs took nothing (suppposedly).

 

[BryceC]

I feel for you guys. Be thankful you're still collecting a check and start saving just in case. Start selling your crap while other people still have jobs.