| Topic Name: |
How Are We Profitable? |
| Message Name: |
Aon - ? |
| Date Posted: |
01/13/2006 |
| In Reply To: |
Repo Man, I just want you to understand the difference between:
a. legitimate grievances
b. recycling old issues as part of a self-perpetuating whinge-fest.
I think you are doing b., and I really want to get through to you how POINTLESS it is for you to whinge away about projects that failed before you even joined! All you do is perpetuate the negativity. What we should be doing is concentrating on a. I'm not in HR, nor am I manager. I just want to be constructive and not depressing/depressive.
I agree that Hewitt is a bit of a Vault phenomenon- goodness know why. Perhaps it's blocked at most other places??
Obviously I don't know what the situation is in the US of A, but I can assure you that things are pretty bad for our competitors in the UK. E.g. Mercers have big morale and retention problems as a result of some financial strain because their insurance side in the US got sued - someone who knows more please correct/add. Salaries etc have been poor; everyone knows their admin is truely awful.
AON have just hit the headlines for being rather indelicate- see
http://business.timesonline.co.uk/article/0,,9077-1981313,00.html
Most at Watson Wyatt are really pissed off because the senior partners have sold out and most people have got very little. Far far less than what the average Hewitt bloke got @ IPO.
Just because they don't go on and on and on and on about on the internet doesn't make the 'grass greener'! |
| Message: |
Aon was "indelicate" by telling them that the British Airways was delaying the inevitable collapse-by-pension by not declaring bankruptcy?
I think that the rank-and-file would have rather enjoyed a little indelicacy by management.
Continuing to spout BS to your employees and insulting their intelligence is a Ponzi scheme. It will eventually cave in on itself.
While pretty out there by today's norms, telling your employees things such as:
1. Yes, we are IPO'ing in part to cash in on the risks that we, as owners, took with OUR money. You, taking no risk, will get some shares. Enjoy.
rather than:
1. Issuing stock will allow us to deal in a new currency to engage in joint ventures that would otherwise not be possible.
or:
2. We will NEVER take away free lunch.
rather than:
2. Some day it's conceivable that we might be in a position where taking away free lunch is what we do.
or (my personal favorite):
3. 3.1% of the first 90,000 of your gross salary is paid on your behalf for social security by Hewitt and will be included in "Your Total Compensation" statement.
instead of:
3. No freaking mention of it at all. It's the damn law people. Same as unemployment insurance and workers' compensation. Maybe those crossed the line. "Hewitt Associates pays $0.50 per $100 of payroll on your behalf so an insurance company will pay you if break your neck sliding on a slippery floor."
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