Before you challenge me with "facts", go to the internal websites and see the employee feedback surveys. They will say it all. Although the percentage varies and management has never had the guts to ask the question "Do you the employee have confidence in your management?" the tangential statistics to answers of similar questions will prove the point.
We would not have even a hint of unionization if this wasn't the truth. It may take time, but the handwriting is on the wall. IBM management has squandered their most important asset, the trust of its employees for a few years of fabricated earnings. Before Gerstner, even though the management was incompetent and sometimes felonious in the nature of some of their actions, the employee was still considered an asset. Today, the employee is a resource, a tool, to be used and consumed with no thought for their future welfare or that of their families. Despite many recent efforts from HR to repair this image, they can't fix it until there is a wholesale cleansing of executive and some of the lower management.
The unfortunate part for IBM and the unionization efforts is that when you lose confidence and trust in management, you prepare plans to leave as soon as you can. You leave and the vote is then lost for unionization. The younger folk have left in droves, and in the case of the older employee it's a balancing act to prepare for departure because of the pension issues. However, in 2008 this will change, thanks to the second to final pension theft action which is to freeze the DB pension to maximize the executive options from the 90's.
The hope is that once the Gerstner era options expire in 2008 and the geriatric long-term management in place finally leaves thinking they've gotten all they can get, the company may somehow begin to cleanse itself of the younger single minded selfish sadistic executives and regain a semblance of its past image.
Frankly, I don't give a damn for the company anymore. I'm just a happy 30+ year service employee ex-"hanger on" that made a lot of money betting against it in the market.
"Today's globally integrated enterprise demands a next generation of global citizenship impacting individuals, companies and the society at large," said Stanley Litow, Vice President of Corporate Citizenship and Corporate Affairs and President of the IBM International Foundation. "In this report we highlight IBM's leadership in global citizenship among these groups and the innovation and new direction we think is necessary to make progress in meeting the needs of each."
But there’s a reason to temper the celebration, if only out of respect for an old friend who’s not doing too well. Even as the Wall Streeters are high-fiving and ordering up record shipments of Champagne and caviar, the American dream is on life-support. ...
The poll, conducted by Lake Research Partners for the Change to Win labor federation, found that only 16 percent of respondents believed that their children’s generation would be better off financially than their own. While some respondents believed that the next generation would fare roughly the same as this one, nearly 50 percent held the exceedingly gloomy view that today’s children would be “worse off” when the time comes for them to enter the world of work and raise their own families.
That absence of optimism is positively un-American. “These are parents who cannot see where the jobs of the future are that will allow their kids to have a better life than they had,” said Mr. Stern. “And they’re not wrong. That’s the problem.”
Record bonuses on Wall Street at a time when ordinary working Americans are filled with anxiety about their economic future are signs that the trickle-down phenomenon that was supposed to have benefited everyone never happened.
The rich, boosted by the not-so-invisible hand of the corporate ideologues in government, have done astonishingly well in recent decades, while the rest of the population has tended to tread water economically, or drown. ...
According to Demos, a policy research group in New York, “American families are using credit cards to bridge the gaps created by stagnant wages and higher costs of living.” Americans owe nearly $900 billion on their credit cards. We’re running out of smoke and mirrors. The fundamental problem, the problem that is destroying the dream, is the extreme inequality pounded into the system by the corporate crowd and its handmaidens in government. ...
Americans work extremely hard and are amazingly productive. But without the clout of a strong union movement, and arrayed against the mighty power of the corporations and the federal government, they don’t receive even a reasonably fair share of the economic benefits from their hard work or productivity.
Bush has long pushed health savings accounts as a way to slow the rising cost of medical care and extend basic coverage to the uninsured.
Under the Indiana program, eligible residents can pay up to 5 percent of their incomes into state-subsidized "Personal Wellness and Responsibility Accounts" that cover their initial medical expenses up to $1,100. Once that deductible is reached, private insurance purchased by the state kicks in. ...
The program will be monitored closely because of the philosophical divide among lawmakers about the value of health savings accounts for the poor. Many say such accounts work best for healthier and higher-income people with low medical expenses.
Judith Solomon, senior fellow at the Center on Budget and Policy Priorities, said she doubts that many people making $10,000 a year can afford to pay $500 for health insurance. She said that about 50,000 people lost Medicaid coverage in Oregon after that state got permission to raise insurance premiums to $20 a month. "You can say it's better than nothing, but I just don't see how many of those folks will be able to afford it," Solomon said.
The research by scientists with the American Cancer Society offers important context for the national discussion about health care reform, experts say _ even though the uninsured are believed to account for just a fraction of U.S. cancer deaths. An Associated Press analysis suggests it is around 4 percent.
Those dealing with cancer and inadequate insurance weren't surprised by the findings. "I would just like for something to be done to help someone else, so they don't have to go through what we went through," said Peggy Hicks, a Florida woman whose husband died in August from colon cancer.
The 14-member panel unveiled a complicated fee structure that would more than double the annual cost of family coverage for 1.1 million military retirees under age 65, hiking their average fee from $460 to $1,100. While all those retirees would see fee increases, the exact amount for each would be tied to his or her pension, so those who retired at a higher rank would pay more.
Our analysis paints a stark picture: Nearly one out of four Americans under the age of 65—61.6 million people—is in a family that will spend more than 10 percent of its pre-tax income on health care costs in 2008. Shockingly, the vast majority of these people (82.4 percent) have health insurance. And 17.8 million non-elderly Americans—more than three-quarters of whom have health insurance—are in families that will spend more than 25 percent of their pre-tax income on health care costs in 2008.
What did IBM ever give me for Christmas? A pager and on call for free during the holiday which always ruined everything being paged Christmas morning at 2am, Thanksgiving, New Years eve, etc.
Once you get out of this hole you will realize how badly this company treats you and never look back. Don't try and hang in there, it's not worth it.. Oh yeah, now I have no on call and no OT for free. Never again will I be awakened to the sound of a pager in the middle of the night. And it's so nice not to have a moron of a manager and team lead that gives me weekend work and then goes home never to help us out. What a joke. -So happy I'm gone !!!-
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Vault's IBM Business Consulting Services message board is a popular hangout for IBM BCS employees, including many employees acquired from PwC.
Today's highly compensated executives face many difficulties, including figuring out how they can possibly spend all of the rich rewards they've earned on the backs of ordinary workers. Take a look at the insider trading of many of our IBM executives—spending the cash from all that stock "acquired at $0 per share" must be a real challenge! Or, imagine the difficulty IBM CEO Sam Palmisano will face spending his $10,000 to $20,000 a day pension when he retires!
As a way of helping out our beleaguered, modern-day robber barons this site will periodically feature "spending opportunities" that the "upper crust" of our society may want to take advantage of!
Our roundup of the splashiest billionaire fetes proves that these titans don’t just know how to make money, they also know how to spend it. Their parties--often costing well into the millions--are spectacular exercises in hedonism, frequently featuring intimate performances by rock stars, week-long extravaganzas on private islands and mingling with A-list crowds of other magnates and celebrities. Not to mention all the finest champagne, caviar and other gourmet treats they can get down their gold-plated gullets.
One of the hottest tickets of 2007 was an invitation to the 60th birthday party of private equity king Stephen Schwarzman, which took place in February just four days after his Blackstone group announced the world’s biggest buyout ever, a $39 billion deal involving commercial-building empire Equity Office Group.
Held in the cavernous Park Avenue Armory on Manhattan’s swank upper east side, the party, reported to have cost $3 million, drew 350 guests including Donald Trump, new Merrill Lynch chief John Thain, TV personalities Maria Bartiromo and Barbara Walters and Washington D.C. insider Vernon Jordan. Rod Stewart performed and Patti LaBelle sang happy birthday.
This site is designed to allow IBM Employees to communicate and share methods of protecting their rights through the establishment of an IBM Employees Labor Union. Section 8(a)(1) of the National Labor Relations Act states it is a violation for Employers to spy on union gatherings, or pretend to spy. For the purpose of the National Labor Relations Act, notice is given that this site and all of its content, messages, communications, or other content is considered to be a union gathering.