Spent 14 years working for Cummins, and I can tell you from experience you'll be much better off leaving. The sooner you leave, the better off you'll be.
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14 years working for Cummins, 8 years of layoffs, 2 years of no merit increases, and 1 year without bonuses.
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Trust me, you'll never earn much of a a pension at Cummins. The pension is structured so you don't earn much until after your 50. Cummins makes sure to lay off just as many 50 year old employees as non-50 year olds. They will lay you off before you can accrue much of a pension and you'll never make it to your planned retirement date. I know a dozen or so people from my location alone who were 'voluntold' they need to retire or take their chances with the next round of layoffs.
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PTO and paid holidays are a joke. I have 9 more days of PTO the day I started my new job compared to working with Cummins for 14 years... and unlike people in the COB, I actually get day off with pay when it falls on a weekend.
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Reverse discrimination.. unless you are a minority you will never get a promotion. Managers are rated on the diversity of the people that the promote in their department, not for promoting the best qualified. If you are a white male, you are screwed.
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Cummins has no loyalty to it's employees. The way they lay people off you'd think they are closed to shuttering their doors tomorrow. They made 20 billion in revenue in 2014. It's not like they are not making money, they are just not earning enough to make shareholders happy. They would rather throw good employees out on their ear around Christmas than make shareholders unhappy for a quarter or two.
Don't waste any more time with this company, it's a dead-end. Leave on your own terms and let the rot in the h*ll that they made for themselves.