Why are people being cut sooner, instructor wise, getting larger severance pays? And these people being cut sooner also have been with the company a shorter time period.... Just trying to see why seniority isn't being taken into account or am I missing something?
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That's awful. Yet another half assed way of doing things at cci....
You won't be getting a severance, that ship left after the last big layoff.
As time passes cash approaches zero and thus the ability to pay goes down.
Giving out severance at the beginning keeps the other workers in line. They are thinking "at least when I go I'll have something to tide me over for a little while." That may not be the case at all. So a little $ at the beginning of the process leads to calmer, more productive employees through to the end.
I have, unfortunately, been a part of more than one layoff over the years (including the company that screened and delivered warm transfer leads to CCI for a long time). The pattern is consistent - the early layoffs tend to have a better severance package. The reality is that there simply is not enough money available closer to the end. As one VP told me years ago - "it's better to be at the front of this parade." In terms of seniority as a factor in packages, there is no standard in non-union companies. It may make sense to factor in length of service, but that assumes you are working with a sensible senior management team.......