This is going to be brief, but here’s the gist of it:
- the company I worked for went into Bankruptcy
- from the beginning we were assured that wages and accrued Paid Time Off (PTO) would be paid
- THIS WAS CRITICAL because if 15,000 people started using up the PTO they had accrued, the entire company would have fallen apart before it could have been pieced-out and sold-off
- it was also policy to pay out PTO if you left the company; there was no “use it or lose it”
- now the Committee of Unsecured Creditors has objected to the PTO payout, calling them “golden handshakes” and bonuses
- … nothing could be further from the truth — those who accrued the most hours are those who worked the hardest for the company, and for the creditors during this bancruptcy period — people who put off vacations and time off to BILL HOURS to clients which is the sole source of revenue for the company. It’s painfully ironic that those who worked hardest are positioned to lose the most…
- for the record, I wasn’t one of those working the hardest — I used 101% of my annual PTO last calendar year; and I still had over 90 hours in the bank when I left…
Many of my colleagues are writing to the judge to explain their position and situation — that’s all well and good, but there seems to be a very real chance that the judge could find legal reasons to support the objection. Changing that one man’s mind seems like a slim chance to me…
It’s getting a little late in the process, but it just occurred to me that maybe we can find support in the employees of the Committee members, or in their customers. Do you want to work for, or give your consumer dollars to, a company that demonstrates such disrespect forhard working employees and their families? Especially in the middle of a recession?
CALL TO ACTION
- If you work for AT&T, tell management that you are aware of this situation and you think it’s a shame. Feel free to email your corporate lawyers at James.Grudus@att.com (full address below).Mellon employees and customers: same thing, and Mellon’s lawyer is at firstname.lastname@example.org
- If you agree that this is wrong and want to spread the word:
LINK TO THIS POST; blog about it, email the link, etc.
TWEET it — I don’t get fully get twitter, but have at it.
Visit SaveMyPTO.com for more viewpoints and updates
If you are a lawyer or legal buff, the case dockets are at BearingPointInfo.com