Hi,
How does the global economic slowdown affect you and the company you are working for?
Yesterday I was informed that it is not going well for the company I am working for and that they are delaying some of the payouts for the employees until next year!!! ](*,)
There will be a lot of people leaving the company that is for sure!!!
This was a big shock to me (didn't even know it was legal) and I guess now it is time for me to look for a new job, this s*cks since I have been with the company for many years and I am always on a utilization above 100% and happy clients.
The managers claim that our competitors are doing the same. What is your company doing to survive?
PS. Anybody looking for experience NAV consultant/developer in US? [-o<
NAV Expert at Global VAR
Currently looking for a new job!
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It is happening everywhere. It never hurts to look around and see what is available, but I'd caution against leaving just because of bonus payouts are going to be late.
To answer your concern about whether it is legal... most employment is 'at will', so they can basically do whatever they feel like. Unless you have a contract that spells out the system, with payment guarantees you're screwed. I wouldn't take legal action about that anyway, not good for the relationship. Just be happy they came out and said they are not able to make the payments. Where I used to work they changed the system, everyone was going to have to work even harder to get to the same level, and they spunit to make it look as if that was a good thing for us.
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Yes, it is the utilization bonus, in my case it is 30-40% of my salary.
Currently looking for a new job!
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No PM,please use the forum. || May the <SOLVED>-attribute be in your title!
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If the utilization component is considered to be part of your base pay, then your company would think very seriously before changing the system. You probably also have it in writing. If it is considered a "bonus", "something extra", even though it is such a high percentage of your income, and there is no contract about it, then it can be changed without notice.
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AP Commerce, Inc. = where I work
Getting Started with Dynamics NAV 2013 Application Development = my book
Implementing Microsoft Dynamics NAV - 3rd Edition = my 2nd book
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He's kidding. He has his own company.
AP Commerce, Inc. = where I work
Getting Started with Dynamics NAV 2013 Application Development = my book
Implementing Microsoft Dynamics NAV - 3rd Edition = my 2nd book
RIS Plus, LLC
In my case it is definitely part of the base pay and not just ‘something extra’, that is why our fixed part of the salary is a lot less than at other places.
Now they have also started laying off people! Talk about meltdown.
Nobody else is experiencing the same thing?
Currently looking for a new job!
Didnt mean to insult you! What i mean is that there is a groing social dumping when it comes to jobs (as in receving a salary for your work!). The feeling i have is that companies are just dumping salarys and catching whoever awnsers the call not regarding quality. From what you guys are saying theres less and less protection for those that work, specially if billing hours comes as a part of your salary. For instance if a comercial guy does a bad deal selling NAV Services you'll pay for it on your salary (not your fault, but you'll pay for it) because you will not have billable hours?! In my view companies should absorv the costs of hiring bad workers (and not the remaining workers) , otherwise we are all just companies and not workers.
If all workers of a company receive based on billable hours, what kind of risk do the owenrs of the company have?! Just the capital risk? What about bad management? Because your boss is a morone when it comes to management you should get less money because billable hours are not available?!? Very very dangerous social dumping!
However, on the flip side, NAV resources aren't exactly cheap. And the quality of the work produced is hard to measure in the initial months.
AP Commerce, Inc. = where I work
Getting Started with Dynamics NAV 2013 Application Development = my book
Implementing Microsoft Dynamics NAV - 3rd Edition = my 2nd book
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To me it sounds like the DUMBEST thing to do to cut cost is to take away people's money, money that they have already worked hard for.
By the way, "navexpert", there is a LOT of speculation going around about who you are
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That sums it up for us too.
AP Commerce, Inc. = where I work
Getting Started with Dynamics NAV 2013 Application Development = my book
Implementing Microsoft Dynamics NAV - 3rd Edition = my 2nd book
I am thinking to diversify our bussiness. The first option seems to be system audit. My professional qualification and experience in audit and system implementation can help.
Looking for some expert's view on the same.
http://ssdynamics.co.in
AP Commerce, Inc. = where I work
Getting Started with Dynamics NAV 2013 Application Development = my book
Implementing Microsoft Dynamics NAV - 3rd Edition = my 2nd book
This surprises me somewhat. I would think that someone with your skills in the market you are in should have so much work that you can't keep up. I must admit I really do not know the Northern market that well, but down south you would be like gold.
Sad but true . Working alone I can generate enough bussiness to keep myself busy but with my team, I am finding difficult to find enough bussines for keeping them occupied. Nevertheless hope is still alive .
The real problem is that companies have frezzed Capex and are holding as much cash as they can. With no signs of improvement in conditions atleast in the short run the next financial year will be tough.
http://ssdynamics.co.in
OTOH it makes sense to pay everybody less when there is less sales coming, so if you see it as a cost-control measure and not as an incentive then it makes sense.
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