Gents (and Ladies)
It's a more than convenient excuse (current global economic situation) for package erosion. "We, the management, valued you at so much last year, this much this year and that much next year." "What you mean you don't like?" "You have job, now work, yes?"
Erosion is just that, do you think the list of things that have been recinded will be replaced when the big wheel turns?
It's blatant knee jerking from departmental (note the "mental") heads to justify their salaries, postions and bonus'... anyone with an inside track in payroll? I'd love to see payments and salary deductions of SVP's and above. It's easier to divide $400m 200 ways than 35000.
Right, now turn your aircons off, the sweating will assist in the reduction of your BMI's and remember to catch your sweat in buckets to water your gardens. It's part of the "greener solution".-
I think there might be some postion vacant signs in the near future.
It's called Creative Shafting "how to replace vaseline with sand and get away with it"