Comments on: Mark Hurd contributes another 6000 unemployed to the global recession!

By: Job Sajoke

Job Sajoke — Wed, 11 Jan 2012 23:33:37 +0000

Looks as though another tactic being employed by one HP-CDS manager is to vary the terms of contracts for home-based workers who have a proven track record of execution and delivery into the office on the pretence that it will result in even more stellar performance. Constructive dismissal rather than redundancy, anyone?

By: excorpdrone

excorpdrone — Tue, 04 Jan 2011 20:00:00 +0000

As an former EDS/EDS an HP company/HP employee I just would like to say well said. I believe this could be said of most pseudo-american companies. None of them practice what they preach and all are very short sighted. EDS was first raped by Dick Brown who had the same mentality, make the bottom line look good and take the money and run. To hell with the company’s longevity and it’s employees. American’s need to unite to protect worker’s rights, not by excluding other potential employees such as H1B workers ( who replaced me ) but by insisting that all American companies abide by certain worker and environmental protections regardless of where they do business and who they hire. This would prevent them from hiring H1B’s to undercut salaries and benefits and force them to hire based on the best candidate, not the best fake resume to get the cheapest labor. It would also prevent them from moving manufacturing to foreign countries because they don’t want to meet environmental standards and want to pay slave wages. It’s a disgrace that these self centered, self important, pompous asses are able to get away with treating their employees this way. Personally, I believe it’s probably one of the biggest national security risks our country has because we have foreigners getting personal data of American citizens, our manufacturing base has been decimated and our talent is being thrown away. Once the pool of technical people Who will be programming the missile defense systems, communications systems and other security applications? If American citizens are not being employed in the technical fields we are going to loose our technical expertise and be dependent on foreign countries for all of our technical resources, this is just plain stupid.

By: Koalabay52

Koalabay52 — Tue, 21 Dec 2010 02:55:00 +0000

I used to run around with Randy Runk in high school. He was fun , tall, thin very good looking and had the most gorgeous turquise eyes . What is he like today at HP? Nice, mean, stern?

By: Mark Hurd HP's Toxic CEO resigns after a sexual harassment investigation

Mark Hurd HP's Toxic CEO resigns after a sexual harassment investigation — Wed, 11 Aug 2010 08:16:51 +0000

[...] Mark Hurd contributes another 6000 unemployed to the global recession! [...]

By: reader

reader — Mon, 05 Apr 2010 02:57:00 +0000

It’s its, dude.

By: Liz

Liz — Wed, 17 Mar 2010 03:46:55 +0000

So ABSOLUTELY true! I'm a 25+-yr employee with HP. At this point, it isn't about my pay (although it would at least by nice to keep up with the standard of living….rub a lamp); it's about being underappreciated. I venture to guess that most, if not all, employees (below Sr Mgmt level) feel disrespected, unappreciated and unvalued. And, it's not all just for shareholder profits; it's about lining Mark Hurd's pockets.

By: Social Media, the winds of change

Social Media, the winds of change — Fri, 26 Feb 2010 04:43:28 +0000

[...] my recent posts about HP and Mark Hurd (CEO, HP), triggered by nothing more than hearing "if you don′t like it [...]

By: UK Employee

UK Employee — Thu, 11 Feb 2010 04:04:41 +0000

How does the HP bonus system work? Well, most people are eligible for Variable Performance Bonus (VPB) which (providing the planets align correctly) and you AND your division AND HP perform to some non-disclosed targets, can pay out a typically single figure percentage of your salary as a bonus.

Senior people are eligible for a different scheme, Pay For Results (PfR), which apparently can pay out 15-20%. Executives have further bonus schemes.

The company's argument is that senior people have more responsibility and should therefore be better rewarded with higher bonuses.

It's a bit scary, but your numbers are a bit out. According to HP's Proxy Statement, Hurd received $30m in 2009 (down from $42m in 2008). His salary was about $1.2m, so for 'exceeding expectations' he actually received 25 times his salary in total.

By: Adam

Adam — Wed, 10 Feb 2010 07:47:38 +0000

As an HP (former EDS) employee who received an "Exceeds Expectation" rating in my recent FPR I ask myself this question:

Sure Mark Hurd received ONLY about $24M USD for 2009, which is about $20M USD short of 2008; however his salary is actually about $1.65M so effectively for "exceeding Expectations" in 2009 he receives 14.5 times his salary )14.5 X $1.65M) as a bonus.........

I DID NOT.

How does the HP bonus system work then ? when two seperate employees, effectively receiving the same level in FPR, get such a different percentage of bonus ?

HMMM

By: Are_you_haVPBy?

Are_you_haVPBy? — Mon, 28 Dec 2009 08:33:00 +0000

I’m from APAC, and in our site, there were no job cuts at least in our organization. There have been unconfirmed job cuts in HR and Finance.

There’s no need to cut jobs anyway. Our site has less than 2K headcount scattered across different sites, and since the flat merit increase (why call it an increase?) news, many employees left for IBM. The running joke is now HP has become a “training center” for IBM.

There are 3rd level engineers who were hired for L1/L2 functions in IBM at a much higher pay. It;s hard for us who chose to stay (so far) since the backfill is not alsways available and we have to absorb the additional workload, without rewards of course.

I still wonder how IBM can afford this or if they will sustain the current package they are offering to potential candidates when IBM is not unscathed by the recession and is also mired by the same problems.

Accenture, after laying off workers a few months ago, has rehired some of its WFRed employees and is in a hiring binge again.

I still remember the haughty on-boarding words “we reward results, not effort”. The results are delivered, now where are the rewards.

The problem is, our immediate/2nd line managers can only do so much. Their hands are also tied.

Regarding the financial results, the explanation I got was compared to last year, the earnings are not indicative of growth. Or something like that.

Regarding the christmas shutdown, of course, we in the service lines still have to work, without extra pay, only additional day-offs that we rarely avail. Even if we plan in advance our vacations, we still have to “align” it since the shift schedule is affected and we don;t have enough headcount to cover for vacationing employees. Of course, the situation is different among people who work on flexible hours.

omega is a joke, at least for non-P&G accounts.