From 8/4/08:
Today my company was sold - or rather, today it became real. We've been hearing, and hearing, and hearing that this was going to happen since April. Last Monday it was officially announced, press releases put out. It still didn't sink in until today, when I rec'd my employment offer letter to work for the new company. I actually have to SIGN an employment contract - a first for me, I believe. It's pretty simple and straightforward.
Along with that came a very brief summary of the benefits I could look forward to in my new company. Never enough info - and more questions came out of that. As I'm also manager to 17 individuals, times that by 17! There's a lot of "just don't know - still working on the details" right now, which really frustrates people, especially when you are dealing with their medical insurance.
Was an interesting day - trying to reassure folks that this really is a good thing for all us, that we have wealth opportunities we haven't had before, and to just hang on and hang in. Interesting observing what's important to each - as everyone was different. One said - how do I plan? Meaning how can he plan for his financial future if he no longer knows the value of everything that might be in the bucket? Others wanted to know when we would know our insurance providers. One kept me bouncing back and forth with whether or not I should mail the packet or if they would come in and pick it up. The postal service only takes about 2 days in Dallas, max, but it was a hard decision - wait TWO WHOLE DAYS to see the paperwork or drive in to office and get it! Used every possible forum to bounce around with - text messages, emails, and phone calls!
Yet another has to make a decision to move from contractor to employee full-time. Give up a 4 day work week to start working 5? or give job up completely? Tough call...
Of course the BIG conversational topic was the options. What does that mean, how much do I get, when do I get them, when can I redeem, how does redemption work and so on and so on. Until I know the subject inside out.
One employee out on vacation for a month - will come back to a completely different company! Conversations on paychecks - how often? And paperwork, treating us all like new hires - have to go through all the "new employee" paperwork again. (guess I need to remember and go fill out my own!)
Just a small taste of my world - I'm an organized controlling person, and I hate clutter. Today was one big clutter day for me.
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