Thursday, February 08, 2007

VSS updates

The VSS finalists were announced on Monday, I wasn't on the list... So, what to do next?? Go back to work and pretend it was just a dream??...

Today there was a communication meeting from the top management to address the company focus and VSS updates to all the remaining employees. The morale was low and the management was trying very hard to cheer everyone up. However the response from the crowd was just not so keen, even though a 1 month bonus was announced, it's actually more to a retention strategy as one can not resign by end of 2007 or else the $ will have to be returned... gee.

In the end of the session came the Q&A time:

Q1. Will there be another VSS or retrenchment?
CEO : Our intention is to retain capable ppl. Most of our germany staffs have stayed with the company for 5,10,15, 30 years.... blah blah blah... (but will there be??)

Q2. Will there be a salary cut?
CEO : We reward ppl for their effort... blah blah blah... (but will there be??)

Q3. How can the management assure job security?
CEO : As I've said, our intention is to retain ppl... blah blah blah... (but how??)

Q4. How did the management select the VSS finalists?
CEO : It's an important exercise. We are trying to keep the best people. The work load may probably increase, but the reward will be there for those who work hard to conquer the challenges ... blah blah blah... (so how did they choose??)

An interesting Q&A session indeed. The questions and answers are not really very relevant... A typical management way of avoiding sensitive queries.

3 comments:

Ah Dom said...

Your management seriously announced to everyone that it is to retain capable people? It is very humiliating for those that got the offer then. I will feel very mad if I hear that myself.

Anonymous said...

Most of the ppl kena VSS have left on the day of announcement, very cruel...

Anonymous said...

this scheme seems clearly a way to get rid of those management dislikes