I find it suspect that this group is ineligible for both the voluntary and involuntary program. Where does that leave these people? I don’t see this as them being protected in any way, just excluded from these 2 programs. Who knows? The company may have a special s—-ty different program for these folks. I wouldn’t be quick to think they are safe right now.
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The 52-54 year olds are actually very few - we are the missing generation, those graduating 1987-1990, right after the big layoffs and hiring freeze. We accumulated experienced hires over time, but it is a strange accident of history that we are sandwiched between two major layoff events.
As for protected, I sure hope it is true that the possibility of litigation has struck fear in their (nonexistent) hearts. For good measure, I am documenting every significant interaction (email, recording).
hopefully not
About to turn 53. Feel safe in saying they won't let NREs go before 55. As others stated, too much legal risk. But once 55 it'll be hard to remain at the company. So it'll be nice to get paid for the next two years, and the retirement benefits are nothing to sneeze at. Most of us would probably have waited until 59 or later to retire, but in the end it's not that bad. Especially since we've been fortunate to be, let's face it, overpaid for years. My plan, be more frugal with money, start an IRA since we will never have the 401K again (unless they drop the pension going forward) and think about what to do post 55 even now. Take care fellow NRE's.
What does it mean D P C ?
Yep being inside the 3 year til retirement window is the sweet spot. It's real. I have nothing to complain about in my years at EM. I've been asked to focus on knowledge transfer and value added, which I am happily doing. We'll be "natural attrition" soon to compliment the current layoffs. All good.
@1sks+17Li1J4E, yup, 53 yo DPC here. They won't straight out PIP or fire us, lawsuits will almost certainly be successful and we are not worth the negative attention. Make no mistake though, we don't have one day after turning 55, we are out the door (with pension etc). Can't complain - after the initial shock of "NSI, but we can't fire you because DPC", I surrendered to my fate and been coasting ever since. They are not worth it.
@1vsa+17Li1J4E. It shows how toxic the taking system can be. You can have an older worker that is an excellent employee but their manager has to find any possible reason to lower their ranking. So you get the whole “only so many people can fit in this bucket” and some made up silly reason in writing because they have to lower it. This destroys morale. It is toxic. That is why so many older workers and by older I mean anyone above 40 seem beat down and fed up. It’s a joke.
I am 53, was made NSI. I did a Performance Counseling Plan instead of the PIP. Same thing except at the end I kept my job. I was told this would play out this way at the same meeting where I was told about NSI. Anything could happen, but for now the Near Retirement Eligible protection is real.
Agree with above. This age group is protected for the following reason. You aren’t retirement eligible because you haven’t made it to 55 but you’re within a few years and they don’t want an age discrimination lawsuit which has happened in the past. Those that are 55 or older are retirement eligible and they can easily be PiP”d. It’s also a known fact as you get older your ranking goes down as the new hires and younger ones come in as they have to keep them close to the top for those that they want to train to be in management. That’s why if the new hires don’t come in and light the world on fire now they’re eligible to be PiP’d also.
No one is protected. They use PIP frequently in hopes you will resign on your own. Then they will not have to pay you unemployment.
Don't think you are protected from the next round of PIP! You will just be fooling yourself.
I know one worker who was PIP last year at 65.
This NR group is 100% protected from the PIP process.
I am 55 and I never felt that I was treated any different.
I’ll find out soon enough. I have an appointment scheduled with an HR person later this week.
They aren’t protected from PIP
Bullet proof age group? Yeah, right. Anything can happen........
I was about to post a new thread about this. A rumor was circulating about a percentage-of-pension package for those in the 52-54 group. Was curious if anyone heard anything concrete or if it was just b.s.
This has been the HR policy at Exxonmobil for years. The near retirement group is protected for the PIP and other layoff programs.
Same here - I think that there is no safety