Looks like employees manager level and below will have to start logging their activities for a “time study.”
13 replies (most recent on top)
@fm well then, welcome to Winsanity
@fm buddy this isn't little ol' uniti anymore. SG&A is a huge expense because Windstream did more than sit in offices and collect lease revenue.
@er At hUniti - there has never been a time study performed unless there was a micromanager and the study was isolated to that person's direct reports.
Anyone who has been here a while would no a time study was done every year. Each year different departments participated. It was not optional. No one likes these. It takes more time to figure out how long you do each individual function.
The time study is just them looking for labor that can be capitalized. Amortizing capital labor costs gives the company a near term boost to net income. Labor accounting does labor studies every few years to update the cap labor rates.
Just means more layoffs to follow.
Then it will take 5 VP and Directors, that probably each make $150k + a year, above you, to have a meeting all day for a month straight together, to review each time study and look for ways to squeeze more out of you.
Could very well be a way for the clueless, to get you to document your day, so they can share it with your soon to be replacements.
It's an interesting way of cooking the books.
For example, let's say it takes me 6 hours to install a new piece of equipment in the central office. That labor is depreciated over the same period as the life of the equipment.
This is nothing new. It's been an annual lying festival for years. Just take your time on tickets.
Validate your time, justify your existence. Look busy! I remember when Windstream IT department had to always do time study, every time sheet. Glad I transferred out.
What would stop people from adding to their logs to create the illusion of busy? Unless it's a way to see who's honest.
LOL why do that when they can just monitor your activity via gps, or have software watch and log what you do on your computer. Other companies do this already, in remote work environments. They could probably cut 1/2 of marketing and management jobs across the board if they did do this.
I won't be participating. Best of luck to everyone else.