Why are they so hellbent on retaining NRE employees ? Are they afraid of lawsuits ? Seems it would be money well spent to offer the service time / age they needed to retire and send them on down the road as retirees.
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NRE here. They have us by the b@lls. We will do anything to get to 55. You want me to train my replacement in BA? Done! You want me to sweep the floors? Done! You want me to educate younger employees on why this company has devolved into a horrible place to work? Damn right Done! That last one is a freebie.
If there was ANY hope of winning an age discrimination lawsuit against EM, several class action suits would have been filed by now. So the NREs were not exempted because of the fear of litigation.
Instead, the company realizes that despite the endless drum beat here against anyone at or near retirement age, these are the folks that have the experience and knowledge to both get major projects up and running, as well as providing critical knowledge transfer to the younger employees that the company plans to retain longer term. And no, that doesn't include most of the whiners on this site. They will be gone in rounds 2 and 3.
I'm NRE and would be happy to "free up some space" for the younger folks. The issue is that I don't have the service time to retire as a " retiree" with medical benefits etc.... Believe me when I say ANY of us NREs would gladly leave this sh–hole if we could.
If the NREs offer as much value as they think they do they should have not problem finding another job.
NRE's could not take any recent package. Try again.
I know several NREs who took the package in hopes it would save someone else’s job.
I am still holding out hope they will offer us NREs something to get us out the door. It wouldn’t take much for me.
Keeping NRE is a great idea, because this is guaranteed attrition over the next 5 to 8 years . It avoids lawsuits and these people are the survivors of many prior layoffs...ALL WERE TOP HALF as level 26/27 and they know what the are doing. Can always PIP later if they get lazy. They will be needed to train everyone once hiring starts back 2 or 3 years from now. In the meantime there is real work in Guyana and Brazil that they know how to do. Plus management needs some old folks to put at the bottom of the ranking or management falls down the ranking. This keeps management salaries high.
@1cgs+18kdEx3L highly likely they have not “lost” anything, because we haven’t really heard of it, but I’d bet my life savings they have settled many such cases out of court so they don’t have to disclose anything
I guarantee you this has already been litigated and they lost. They are not protecting nre group because they give a damn.
You lost me on 'money well spent'.
Do or did you work here?
Adding years with no age penalties would have done it.
but so would firing Capt. Hazelwood on first offense.
They won't have to ask me twice if they offer me the service time.
Thank you for the reply. OP
Legal risk from age discrimination