Party's over at PDC
Some more details are emerging about the pending employee buyouts at the Portland Development Commission. They're paying people $30,000 or $45,000 apiece to leave. It's interesting -- you get the 30 grand after just one year on the job, or after 14. Sounds a little off-base, but hey, this is the PDC. It's always a little off-base.
| Posted at 10:17 AM | Permalink |
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Comments (12)
Agreed; this is not common practice. Furthermore, it's likely that the longer the tenure one lists on one's résumé at the PDC, the less employable that person becomes in the private sector.
Posted by John Rettig | January 24, 2013 11:34 AM
Yeah, off-base. Might as well re-name it the "Portland Distortion Commission."
Posted by Mojo | January 24, 2013 11:35 AM
The conventional way to handle seniority for this type of buyout is to multiply the years of employment by a few weeks of pay.
Targeted layoffs next?
Posted by Mike (one of the many) | January 24, 2013 12:16 PM
The weasel words that HR uses to describe a layoff is another indicator of how far we have slipped in the reality department:
"The Program is being offered to eligible employees with the hopes of proactively reducing the number of employees subject to the upcoming reduction in force through a voluntary process," HR Director Jeff Fish wrote to employees in a Tuesday email. "Vacancies that occur through voluntary retirement may help reduce the number of involuntary staff reductions needed in the future."
Posted by Tim | January 24, 2013 12:25 PM
"The PDC budgeted about 134 positions for the current fiscal year, but officials are trying to reduce employees as the agency prepares for tighter budgets in years ahead".
Let's just cut back about 134 positions and be done with it. What a bloatd worthless agency.
Posted by TheOtherDave | January 24, 2013 12:49 PM
Is Jeff Fish related to Nick? Anyone?
Posted by RJBob | January 24, 2013 1:26 PM
I think it's more a "go away and keep your mouth shut" sort of payment....
Posted by tankfixer | January 24, 2013 2:34 PM
OK, since I don't see the PDC portion of my prop taxes dropping, what are they doing with the extra money they have gotten by lightening up on employees?
Posted by Steve | January 24, 2013 2:59 PM
Good money if you can get it. I honestly figure this is a reasonable deal. Sure, you're paying them $30k to $45k to leave, but considering their value in the general job market, you don't want to see them out in downtown two weeks later, asking passersby "Business, mister?", now do you? With $30k, they can move back to Iowa or whatever podunk place they originally came from, and offer to chip in while they live with Mom and Dad "for a few weeks, while I get back on my feet".
Posted by Texas Triffid Ranch | January 24, 2013 3:59 PM
I heard The City Club is hirin'.
Posted by Mojo | January 24, 2013 7:21 PM
The weasel words that HR uses to describe a layoff is another indicator of how far we have slipped in the reality department:
Try playing buzzword bingo with that paragraph. "Proactively" showed up in the first sentence!
Posted by MJ | January 25, 2013 12:11 PM
Party's over at PDC
Now, how about at Metro?
Posted by clinamen | January 25, 2013 4:07 PM