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[otake]

the credit crysis ... or whatever has caused my employer to move me from employee to consultant. I have lost my vacation days and am looking at the very likely possibility of a reduction in pay.

how has the credit crysis affected you?

mods don't like it, ban me. i'm depressed.

 

[Borgnine]

What kinda fps you getting on the credit crysis?

 

[Armitage]

it will definitely be a challenge to kombat a crysis of this calibur

 

[Tamanon]

Hrm....odd, usually the move to consultant is an INCREASE in pay.:lol

 

[SUPREME1]

You're freelance son.

You're an independent contractor yo!

 

[dskillzhtown]

Hrm....odd, usually the move to consultant is an INCREASE in pay.:lol

That is what I was thinking...

what industry does the OP work in?

 

[SUPREME1]

That is what I was thinking...

what industry does the OP work in?

By the hour, maybe.

But consultants have less work overall. You don't have steady hours and what not.

 

[lexi]

I don't see how the 'credit crysis' would have led to cutbacks at most employers yet. Are they taking out loans to finance payroll?

 

[dallow_bg]

You're freelance son.

You're an independent contractor yo!

.

Get out there!

 

[Davidion]

I'm in the media industry. Crisis hasn't so much as made a dent in the armor yet.

it will definitely be a challenge to kombat a crysis of this calibur

Excellent.

 

[WickedAngel]

You're freelance son.

You're an independent contractor yo!

Does that mean he can shoot Iraqi civilians with impunity?

 

[speculawyer]

 

[SUPREME1]

Does that mean he can shoot Iraqi civilians with impunity?

Yep. Soon he'll be able to do that here in the states as well.

 

[besada]

I don't see how the 'credit crysis' would have led to cutbacks at most employers yet. Are they taking out loans to finance payroll?

Plenty of employers have revolving credit for the sole purpose of paying payroll.

 

[ronito]

That is what I was thinking...

what industry does the OP work in?

Yeah, consultants take more risks therefore they charge more. What kind of crap deal did you get?

 

[Davidion]

Yeah, consultants take more risks therefore they charge more. What kind of crap deal did you get?

I'm going to guess that his "consultancy" position is one in name only and doesn't fall in line with pay expectation of what's typically expected of a consultant in any particular industry.

It's basically the "you don't have a salaried position anymore" position.

 

[mre]

Yeah, consultants take more risks therefore they charge more. What kind of crap deal did you get?

One where his employer saw an opportunity to reduce his work force expenses. I wonder if the OP had insurance before and if he still has it now as a consultant?

 

[ronito]

One where his employer saw an opportunity to reduce his work force expenses. I wonder if the OP had insurance before and if he still has it now as a consultant?

And he's just going to sit there and take it? I mean if they're making him a "consultant" obviously they still need his function, but to get paid less for more risk? I'm just sayin'.

 

[starchild excalibur]

What kinda fps you getting on the credit crysis?

:lol

 

[Davidion]

And he's just going to sit there and take it? I mean if they're making him a "consultant" obviously they still need his function, but to get paid less for more risk? I'm just sayin'.

Hard knocks, man. Providing that the employer won't restore his old salary/benefits, should he walk away on principles and try to look for a job in this market?

It's certainly not always an easy call. I do sympathize with the OP.

 

[CharlieDigital]

The biggest change (for OP) was probably the loss of employer provided healthcare and/or employer sponsored savings plans (401k with a match). As a consultant, he probably doesn't have either now and likely has to buy his own COBRA.

Totally sucks, but it may not be so easy to walk away from a decent paying job at this point.

 

[Karakand]

My mom can't re-fi her home.

30+ years or so there too.

 

[mre]

And he's just going to sit there and take it? I mean if they're making him a "consultant" obviously they still need his function, but to get paid less for more risk? I'm just sayin'.

It's not always easy, especially if he got blindsided by it. He should definitely start looking elsewhere if he's not happy with his situation. Of course, he's free to consult elsewhere too, unless he has some sort of exclusivity provision in his consulting contract.

 

[Parallax Scroll]

it will definitely be a challenge to kombat a crysis of this calibur

Beautiful.

 

[sc0la]

I was basically told that I was being "offered" an "opportunity" to work in another department that I don't really care to work for. Of course this is all "optional," but it appears that if I don't "choose" to do it then the person right behind me in seniority will be "fired" for budget reasons.

Awesome =(

 

[BlackMage]

they probably just used the credit crisis as an excuse to demote their lazy workers. no offense op.

 

[Nerevar]

surprised they termed you "consultant" and not "contractor". Usually "consultant" has a different meaning. I tend to think as consultants working with a firm, whereas contractors are usually freelance. Not that there's a substantive difference in the OPs case.

 

[tanod]

I'm pretty sure they just fired you without letting you go.

 

[daw840]

Wow, I actually work for AIG. You know, the company that was just bailed out. I haven't had any changes in my work or pay. You must work for a really shitty company.