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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: KyrosL who wrote (48437)	4/27/2000 5:08:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 99985

Kyrosl - The pension contribution is part of the employment terms. It does not matter who is contributing the fact is that only those who work at IBM get those benefits and agreed to take a relative lower pay for a better pension. Aside what if I work for IBM 12 or 8 years and 38 years old?? I am still robbed. FYI after 40-45 you are dead in the job market anyway.!!!! (they call it "OVER QUALIFIED") No matter how you call it it is the employees money not IBM's. As to younger IBM workers that is the trick - get the old timer out bring gullible young. In the long run it will hurt the company as it make no sense to stay for to long as an IBM employee. Turnover is not what employment is all about and and job execution will suffer. In my business I never wanted to hire new employees it is costly and time consuming and hurts long term performance. Haim