There is always a layoff the day before payday.Halliburton doesn't care about you. I worked in HR and they hired people, let them go as far as giving notice to employer, sending them a letter of day of orientation and what town to be in. The day before they were scheduled to start, they were called and told that their offer was being rescinded. Some of them had their families with them. They picked up and moved to another state to absolutely nothing. I know that the industry is in a bad place right now and the managers are just doing what the higher ups are telling them to do, but it is sad.
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166231.....you obviously don't "get it". I truly feel sorry for people with your attitude and those like you. But maybe it's not too late for you to see the light. You were obviously born in Duncan and have no true insight into education or God's plan for you. Please don't ever speak for me.
'GONE': In this case you have erred. 'Waist' is what your pants rest on. 'Waste' is what you should have used. Mis-spelling in not uncommon for Halliburton mis managers.
'164122' : Nice thoughts but the truth is God helps those who help themselves. In reality if you set around waiting on God to open a door for you, you will experience starvation.
'164081' : I haven't read this much baloney in years. When they come in and lay your butt off, you are gone. There is no negotiating other than 'do you want to walk out or be carried out' .
Some college graduates think they are special. You are not. Here is your first taste of reality. Halliburton never cared for you from day one. Those that are left are moving the chairs around and writing all kinds of bling to save themselves.
night shift worker over herd pgls talking bout layoffs this week
shut your pie hole
What does it really matter. Why worry about something you have no control over? Put it in God's hand and forget about it! It's really that simple.
When one door closes, God will open another one for you.
Your thoughts govern what happens in your life. If you're thinking and dwelling on it, you are inviting it to happen.
If you are an hourly employee, I'll tell you what you are going to get. You can waist your time and read the entire previous comment, or you can believe this. When your number is called and you enter the " event" , ( yes they call it an event ) you are going to get (1) week severance for each year you were employed ( 13 weeks maximum ).
( 2 ) weeks severance. Whatever remaining unused vacation you may have, and whatever remaining purchased flex vacation. You will receive health care until the end of the month that you are let go. A couple of weeks after the "event" you will receive a check for whatever ESSP monies were withdrawn in the quarter of the "event". You are no longer eligible to purchase stock at the reduced rate. Fidelity will contact you shortly after the "event " and they will explain to you that you can rollover the monies into an IRA or stay put depending on your individual situation. ( liens, marriage, creditors, etc etc ).
Hiring a lawyer is your call, but most likely, you're be better served to save your money. My attorney stated " you better take a gorilla if you're taking on Halliburton ".
Soon after the "event" you will receive a phone call from some organization that has been employed by Big Red to "assist" you in your "transition". They can call it what they want, it's a front to get you off unemployment asap, so Big Red can cut ties with you.
You read the news, there are "NO" jobs in our line of work, so they will suggest anything and everything to get you "transitioned " after the "event ".
If you are a salaried employee, I can not offer any input, I can only tell you that " no one " is immune. I watched people get walked out that thought the world evolved around them and their position.
That's it.
Good luck .....................................................
Take your time before your sign.
Do not rush in and sign the agreement your employer has offered you until you take the time to analyze the offer, negotiate or retain a lawyer to assist you. If you are over 40, the law requires employers to include in most standard severance agreements a minimum of 21 days to consider it. There is a lot to do to make sure you understand the agreement offered to you and to decide whether to negotiate for improvements. Take this time.
Assemble documents and information you need to determine exactly what has been offered to you, what has been left out and whether you can improve your severance through negotiation. Locate your original offer letter, employee handbooks, documentation of the company severance plan, if there is one, all emails concerning issues that may be grounds to claim wrongful termination or unfair treatment, and documentation of your health and disability insurance, retiree medical benefits, vacation time, compensation and stock options. These may also include non-compete agreements, intellectual proprietary inventions agreement or non-disclosure agreements and mandatory arbitration agreements. Do not retain or forward to a personal email address any of your employer’s confidential business information or trade secrets. Retaining such information is not “leverage” in severance negotiations and may well hurt your negotiation position or result in a lawsuit against you.
Do not sign anything until you understand each and every term. Determine if the package leaves out sources of compensation insurance or benefits. Do not sign something that says you are resigning while you consider your options. Determine how what you have been offered stacks up against offers made to other terminated employees or other standard offers in the industry. Consider hiring an attorney to fully explain the legal implications of each of the terms.
4.Think of your leverage points.
Think of the reasons you were terminated. You may have grounds to claim wrongful termination or to negotiate a better severance package if you were fired for a wrongful reason including any of the following: discrimination for sex, gender, age, religion or national origin; discrimination due to a legitimate illness, disability or absence or to deny accrued benefits; retaliation for having made workers’ compensation claims or sexual harassment claims; violation of a written or implied contract; retaliation for whistleblowing or speaking out; or as part of a large layoff without proper notice. If you sign a severance agreement without negotiation, you likely will be giving away these rights forever.
5.Decide whether to negotiate.
Many employers will negotiate severance on some level. In some situations, an employer may be able to revoke an offer of severance if you reject the offer. There may be a risk associated with negotiating your severance agreement in those circumstances. Most of the time, however, severance is negotiable. And you will never know if your employer will negotiate and give you a better offer if you do not ask.
6.Decide what to negotiate.
The most common terms to negotiate include:
•The total compensation paid to you in the package, including cash, prorated bonus, stock options, payment for unused vacation time and the like;
•Insurance coverage and disability benefits. For how long and at whose expense?
•Letters of recommendation or a favorable statement regarding your “voluntary separation” rather than termination;
•Out-placement assistance;
•Your ability to exercise unvested and vested stock options;
•The terms of or release from any non-compete.
7.When in doubt, consider hiring a lawyer.
In addition to the shock of being let go by your employer, you may be faced with significant financial distress. These factors can interfere with your ability to objectively assess your rights. Deciding whether to accept, reject or negotiate a severance package can have significant financial implications. You should consider hiring an attorney to review the severance package, help you decide if there is room to negotiate or negotiate directly for you.
For more information, please read our article on How to Improve Your Severance Package.
Someone knows just not sharing. Big secret there is going to be a layoff most reading this are on the list go back to your naps