Em­ploy­ees for­got­ten as ship sinks

The Intelligencer (Belleville) - - OPINION -

Now that the in­evitable has come about and Sears is go­ing down, how large are the bonuses to ex­ec­u­tives go­ing to be? Af­ter all, shouldn’t they be re­warded for their ef­forts?

It’s been a long and ar­du­ous jour­ney, with some tough de­ci­sions, like hav­ing to cut off ben­e­fits to em­ploy­ees so they could get bonuses. And now that it’s time to liq­ui­date they need to make sure they get at least one more bonus, and the Golden Hand­shake in the form of sev­er­ance pack­ages, and don’t for­get they also need to en­sure their pen­sions are pro­tected. Af­ter all, they have a life­style to pro­tect and main­tain and they can only do that with the fi­nan­cial sta­bil­ity that comes with be­ing an ex­ec­u­tive.

And what about the 12,000 — yes, 12,000 — re­main­ing em­ploy­ees who they ex­pect to stay on while they liq­ui­date, and stay to the very end? With­out bonuses, sev­er­ance pay, ben­e­fits, or any fi­nan­cial sta­bil­ity when they are forced to look for an­other job. Af­ter all, they have a life­style to main­tain as well, a life­style that re­quires a weekly pay-cheque, a life­style that comes with be­ing an em­ployee. An em­ployee who works to sur­vive, work­ing for oth­ers who live quite com­fort­ably on their ef­forts. An em­ployee who re­mained loyal even while the com­pany cut their hours in the hopes they would quit so they would not be el­i­gi­ble for any kind of sev­er­ance. And when that failed the com­pany got per­mis­sion from the court to not pay the sev­er­ance that th­ese em­ploy­ees are legally en­ti­tled to.

Once again, em­ploy­ees get the shaft while ex­ec­u­tives are surely to get re­warded for their ef­forts. There is some­thing dis­gust­ingly nau­se­at­ing about it. Doug Keller Belleville

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