Cathy Classics by Cathy Guisewite for May 04, 2012
May 03, 2012
May 05, 2012
Transcript:
Mr Pinkley: I'd like to talk to you about an exciting new management program: "V.P.C."! Person: V. P. C.? Mr Pinkley: Voluntary Pay Cut! It's a chance to give back to the company that has given so much to you! Simply write how much less you'd like to earn on a little piece of paper and......Or, for the real team players, we have "W.S.O.": Worthless Stock Options!
Hi Cathyites!! Second the eyeroll!!! My hubby works for GM and we took a huge paycut in 2009 — voluntary? — that’s questionable, but it did save his job. Also lost everything that was in the 401K (or as it has been affectionately renamed the 101K), but we were happy that he could keep his job. And the reason he needed to keep his job so badly — so that I would have health insurance. With my “pre-existing condition” no one would cover me except the plan we were already on. When I turn 65 in December, it won’t matter anymore.
Thanx to everyone who expressed concern (WOW, I haven’t been called “hot” in awhile!!) — it was cooler here today — down in the 70s and boy did it feel better!!