Posted by Tim Stobbs on October 10, 2007
Not too long ago my company was approached with a buy out offer. Currently that is still be evaluated but it goes through I’ll be seeing a new offer of employment. What really gets me about this entire situation is the statement “Generally all employees will be at the same level of compensation or higher after the buyout.” Can anyone tell me the weasel word in that sentence?
Hint, it is the first word. Meaning they can have exceptions or don’t have to follow this little statement unless they want to. So I’m basically stuck in limbo waiting for an offer to find out if I want to start looking for another job or not. The good news is I’m suppose to get some more information today.
Other complications of all this is my new pay cycle would be different (every two weeks instead of bi-monthly), slightly different benefits and I’m not even sure what class of worker I’m going to be in the new organization yet (so in some cases I’m not sure which benefits will apply to me). Overall I’m just confused and frustrated that I’m stuck in the dark.
I’ll apologize now if any of my comments/posts have had a bit of an edge to them lately, but this fustration has started to leak out into other parts of my life. I’ll keep you all posted on how it turns out.