Can anyone help me find out the impacts of things like 401k, healthcare, sick time, vacation, etc when switching? I understand pension will be frozen at the point of leaving union, but I couldn't get info on anything else.
I've talked to Benefits Center, Fidelity, Payroll, Hr...no one can tell me. I don't know how that's even possible.
Expect to work for a living if you do that. No more afternoon naps in the truck after drinking too much for lunch at the bar.
1st/ 2nd level management and on up have lost head count in the past 15 years. They are budgeting to get rid of dead weight management to save the billions they need going forward.
Unless you intend on k–ling yourself and becoming a director or above don’t do it. I became a manager and immediately a few years later they froze our pensions. Thank God I retired as a second level but I still don’t think I will make up enough money to match the value of the pension I lost. Do you need to look long term and think about the value of your medical package and your pension versus what you will get as a manager which is pretty much nothing when you retire
OP Troll and @3tvb Troll,
one and the same.
Pitifully transparent.
Now, come the denials?
OP, I think you're trolling and, if so, you got me. Here's your meal.
If taking a position in management fills a void, and is what you need to do to feel better about yourself, then do it. While some consider it "bettering themselves", others do not seek out that ego boost to maintain their self-worth.
For me, my day ends at 3:30pm, and each night I sleep well in the knowledge that no problems from this day will still be on my plate come tomorrow.
My dad was a manager and advised me to avoid it unless I felt an overwhelming need to and, if I could not resist the need for ascendancy, to drift towards the engineering realm.
Management does get paid better (if it were a strictly 40-hr workweek for all). But it seems my manager is bothered at all times of the day and night, without additional compensation.
I talked to a poor soul in IT who was pulled into a number of trouble-shooting conference calls while on vacation, a man who answered under the oppressive fear that he might not have a job to come back to (his words) if the current problem at hand was not solved (though, to be fair, that was under a leadership regime that is no longer here - the current team seems much more moral, decent and accommodating, IMHO).
Your pension gets frozen which may be a plus as, depending on your age and NCSD, your buyout may be diminishing rather than accruing.
Your 401k match is better, to the best of my knowledge.
You lose protections in terms of your continued employment, as you're now "at will".
You may face peers that undermine you, to your detriment, in terms of continued employment, and bonuses. It can be very Machiavellian in some groups, rather than collaborative, as you're competing for a piece of a finite pie (i.e., Hunger Games). You would be amazed at how cunning, immoral, and mean some people become under these circumstances - very cut throat but, again, that may also be a thing of the past. I do not know.
Best of luck pal, whatever your decision and, if you're not just trollin'
I heard the VPs make you sacrifice a goat every full moon. I don't know, but my sister's boyfriend's cousin told me. I'm soooo glad I stay on disability. That way, I can never be good enough at my job to be promoted to that evil.
Talk to the hundreds of former mgrs. that were rif’d. Vacation. Sure. Make sure you bring your phone and it’s on. When your 2nd level says jump you jump. Who cares if it interferes with your family. Stress. How many bosses you know who are stressed in Verizon? I’ve been offered mgmnt quite a few times. Turned it down. Best decision I ever made.
Don't do it It's a trap they're gonna put you through all the trouble of interviewing and training just to let you go as soon as they can they hate the union that much no expense is too big to get rid of us one by one
I wouldn’t consider making the change unless you’re pension eligible. You will leave a lot of money on the table, and there is no guarantee you will make it up on the other side. I’m guessing you’re close, everyone is. But if you need another 10+ it might be worth it.
Thank you @1npz+15T5TvIV
Really appreciate your insights also
Was in union, could not take a vacation around holidays due to seniority even being with co for almost 20 years, the environment I worked with had seniors with no knowledge and no desire for learning because well they were seniors, I had enough of seeing employees with more skills, more productive capacity being compensated less, in the union you will be tied to what a group does or does not and it could be great for certain people.
Union will give you a peace of mind with job security as long as there is no surplus and you are not on the top of the food chain....
You pay less in healthcare premium.
Managers cannot fire you without going through the union.
You will have a less stressful work life...depending of coworkers.
You might have a pension accumulating towards retirement.
401k match is less than non union
Bonuses are pennies
You will be called associate.
Less opportunities for professional growth.
Being in a union somehow makes you forget to prepare yourself for future challenges.
Not union
You do not have a pension
You get 6 percent in 401k
Extra vac week
Not allowed to rollover your old 401k plan onto new one if you made the move. So you start a new plan while the old ones stays there till retirement
Your work environment becomes more a profesionally one.
You get more training compensation.
More flexible work shifts.
Vacation schedules are not an issue anymore.
You get a bigger bonus every year
You are as valuable as you can make yourself, it all depends on you.
You have a risk to layoffs like in any other company.
You have a lot more opportunities to move and grow your career within the co.
As everything in life...nothing is perfect...
I lost the pension/frozen and the job security thing but my life changed for the better and my resume is a lot richer now than it was a few years back. I could be let go tomorrow but due to my new experience and learning , I would not last long getting a new job.
PENSION=$0 DOLLARS
Yes come on over then be at your desk the day before thanksgiving to find out if you’ve bern fired
Thank you @pbb+15T5TvIV, really appreciate your insight.
But, nobody's ever left the union.... The world would implode!!
The pot calling the kettle black
The fearful will always try to drag you down with their own fears.
They are just showing the world their own insecurities.
You will quickly follow thousands of other managers who were laid off, had their pensions sold off , pay high healthcare premiums and lost their self worth doing the biding of others.
You're not finding answers because it's dependant on you and your manager.
Instead of falling under a collective bargaining agreement, you negotiate your own compensation.
Unlike the union, you're not tied into seniority limitations as well.
If you're a good, productive employee, you will have bargaining leverage, and your manager will be happy to compensate you appropriately. Essentially, the opportunity to renegotiate occurs at the yearly review, but you don't have to wait until then if your situation changes. It's also worth noting that I've never heard of someone losing compensation during a negotiation.... If they had a bad year, they just didn't increase as much.
The work environment is much different as well. There is much more flexibility in your schedule. If your area of responsibility is cared for, no one is worried about where you are. On the other hand, if there's a fire in your area, you'd better be ready to put it out. Some weeks are 70hr weeks, others are 10hr weeks. It usually works out to 2080hrs a year, and you can usually see the bad weeks coming.
Yes, you can be laid off, and you can't control when a RIF will happen. In practice, though, it's usually a chance to weed out the low performers. Most RIFs target the lowest 10%, so if you're above that group, you're ok. Even if you are RIFd, you'll have a title and compensation history you can use to secure a new, similar, job. One where you can quickly prove your worth, and bargaining leverage.
It's really a change in attitude and mindset. Taking a management position is more about cultivating a career instead of working a job. You are more involved in where the company is headed instead of being along for the ride and hoping for the best. If you're being considered for the position, the people hiring see potential in you, and you probably stand a great chance of succeeding. Personally, I applaud people bettering themselves, and I wish you all the luck in the world. However, this step scares a lot of people. It's not for everyone. There's no shame in admitting it's not for you.
Best of luck!
Ugh, if only trollers would grow up and stop wasting people's time
You will lose weight, find yourself actually being nice to people and you actually feel like working and contributing instead of whining and complaining.
you get a bigger company match on the 401k, you pay more for healthcare, you get 1 day off for every extra day work during the week, no job security, no overtime. not sure about the sick time.