that does kinda suck. try to consider what's going on behind the scenes:
-- company needs to keep N (2?) paycheck cycles' worth in cash reserves -- company must also keep all vacation, sick days, holidays in $$$ as well -- this starts to eat into company's ability to pay off other obligations -- this shows up on their balance sheet [if they're publicly-held] -- so company whittles away at expense, trying to minimize cash on hand -- contractors are first cut, then vacation, tuition, other cash benefits -- then all positive salary-adjustments are cut, to minimize cash on hand -- sometimes staff are 'encouraged' to take (burn up) vacation in nov-dec -- last resort: company shifts paychecks to weekly paydays, minimizes cash
I don't think this should really change your plans, but try to realize that they're in a slow death spiral + trying various desperate short-term measures to slow (but not stop) the hemorrhaging, and the situation may very well prove unwinnable. your expectations should shift accordingly.
post-script: i wouldn't necessarily count on that 2009 cisco training. (for cash-on-hand reasons specified above)
no subject
that does kinda suck. try to consider what's going on behind the scenes:
-- company needs to keep N (2?) paycheck cycles' worth in cash reserves
-- company must also keep all vacation, sick days, holidays in $$$ as well
-- this starts to eat into company's ability to pay off other obligations
-- this shows up on their balance sheet [if they're publicly-held]
-- so company whittles away at expense, trying to minimize cash on hand
-- contractors are first cut, then vacation, tuition, other cash benefits
-- then all positive salary-adjustments are cut, to minimize cash on hand
-- sometimes staff are 'encouraged' to take (burn up) vacation in nov-dec
-- last resort: company shifts paychecks to weekly paydays, minimizes cash
I don't think this should really change your plans, but try to realize that they're in a slow death spiral + trying various desperate short-term measures to slow (but not stop) the hemorrhaging, and the situation may very well prove unwinnable. your expectations should shift accordingly.
post-script: i wouldn't necessarily count on that 2009 cisco training.
(for cash-on-hand reasons specified above)
-- sven