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My sister was recently laid off after a large corporation acquired her company. She was offered a position with the new firm for less $ than she was making even though the new company's salary range for the position she was offered would accommodate her old salary. Employees with less experience & less reputation are making more $ than she was offered. If my sister accepted the lesser offer, she would no longer be able to make her house payment so she declined. She was given 12 weeks severance (to be paid by the acquired company). I know from an accounting perspective, the new company's bottom line will look good, and the old company's bottom line takes the hit for the severance pay. BUT when you put it all together at the larger corporate level, it is penny-wise and pound foolish, to let a really good employee slip away due to a very short-sighted middle management decision. I want to vent to someone high up in the food chain and know that they will read it, and maybe respond.

2006-10-29 03:16:04 · 8 answers · asked by YR 1 in Business & Finance Corporations

8 answers

Write a letter to the CEO. I mean a "real" letter , not e-mail.

2006-10-29 03:18:10 · answer #1 · answered by ♥ Karen ♥ 4 · 0 0

companies will do what they want to do and they get irritated if outside people tell them what to do, so sure write them, but be careful how you word it, and don't use names in your letter or spicific situations. Remember too that it's the Administrative Assistant or Personal Secretary to the President who will read it, determine on it, and forward it to someone to respond so it doesn't mean your information will reach that president.

I can surely understand though as it might have been a position in which she was respected and so to be lowered appeared to be an embarassment, but that in time could have been overcome.

The company will learn when they do a study as either they will fall apart or grow. That info will come from either their CPA or CFO or a group of people they hire to do the study.

I'm wondering if she talked this matter out with her new Human Resources director and her boss. Sometimes companies let go of good employees when the new owner already has one person who was doing that job and they can't employ two people doing the same job so one gets booted. In your sister's case they gave her a job, she could have worked her way back up again, or at least had the time to argue her point and prove her point while having an evening or weekend job to supplement the job she had unitl she could move up the ladder again. Now it's all gone because of her choice.

2006-10-29 03:30:15 · answer #2 · answered by sophieb 7 · 0 0

Write a letter to the old boss, your congressman, and the state governor. Make sure on your letter that you put at the bottom after the closure "cc: Congressman" "cc Governor" Do this in a way that you are pleasant and respectful and informative. Do not name call or insult the old boss. Just EXPLAIN the situation
and say there is now a hardship in your situation that you cannot deal with on a healthy and sane level. This will certainly get the old bosses attention. (I knew a person that said she got
a bad unreliable new automobile from a new car dealer. The dealer would not fix it. So, she painted a yellow lemon on it and also wrote in yellow paint on the vehicle what happened. She drove it all over town for the next four years. I suppose she hurt the business. But , I don't recommend extreme situations like this.....) Take care.

2006-10-29 03:24:45 · answer #3 · answered by rasckal 3 · 0 0

I think you are banging your head against a brick wall when it comes to corporate types like CEO´s they are more interested in the bottom line and not interested in such things as whether employees are good value or not. Look at the way companies invest in offshoring services to India. They make short term savings but in the long run they damage the credibility of their companies providing low grade goods of services. The best case is to present a report to the shareholders at the annual general meeting and try to attack the way the company is being led.

2006-10-29 03:23:58 · answer #4 · answered by Vengeance_is_mine 3 · 0 0

Unfortunately this happens every day.. the old company was probably over extended in the salary department.. Which is where the new company started to make expense cuts.. Just remember middle management would have had to take the cut too..

2006-10-29 03:27:04 · answer #5 · answered by kitkatish1962 5 · 0 0

It is much better that your sister contacts the CEO herself. It is more authentic and CEOs tend not to like ´do you know that about him/her ´. It will show her strength and loyalty to the company.

Help her in writing a letter (no Email, these are sometimes read and filtered out by his/her secretary) to the CEO personally, where she (without whining) makes her case. Very important: let her state what her ´demands´ are and what she is willing to do for that.

Good luck!

2006-10-29 03:27:32 · answer #6 · answered by art 1 · 0 0

TIGHT skirt and fishnet stockings(-;

2006-10-29 03:18:50 · answer #7 · answered by Anonymous · 0 1

CLEAVAGE.

2006-10-29 03:24:05 · answer #8 · answered by Anonymous · 0 0

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