Ryujin
Legend
Back in the mid-late '90s, there was a government austerity programme in Ontario. This was just before I started working there. Budgets were cut to the bone. Management, in their infinite wisdom, decided that the best way to handle it was a round of buy-outs would be used to incentivize staff to leave. From what I've heard the average was around 2.5 years of salary. Most of the best people left, because they knew that they could get a job in a week. The ones who knew they would never do as well again stayed.So, we've had a few layoffs over the years /knock on wood. I managed to survive them. I asked a friend in HR once how they decide. He looked over my numbers and said my severance would be like 14 months with all my years and vacay. Im too expensive to lay off I guess. /knocks on wood again.
A couple of years later, when the economy had bounced back, I was one of the people they hired to replace the ones who left. It was a no-brainer for me; union, significantly better pay even considering the freeze they'd had, better benefits... Then 4 years after I was hired, when they hit a rut and couldn't get more candidates that they really wanted, a market assessment of wages was done and I got another salary bump.