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Has your office / company laid people off or are you expecting layoffs? PART 8 - Page 22 - Beyond.ca - Car Forums

View Poll Results: What is your current employment status?

Voters
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  • I was laid off and haven't found SIMILAR work yet

    5 3.62%
  • I was laid off and found a new job in the same industry

    11 7.97%
  • I was laid off and found a new job/career in a different industry

    9 6.52%
  • I'm still plugging along with the same company I've always been with

    66 47.83%
  • I quit my job and went elsewhere

    18 13.04%
  • We're all fucked

    31 22.46%
  • Other

    3 2.17%
Multiple Choice Poll.
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Results 421 to 436 of 436

Thread: Has your office / company laid people off or are you expecting layoffs? PART 8

  1. #421
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    Quote Originally Posted by Aleks View Post
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    HR will also take into account employee's age and how likely or easily that person could reasonably be expected to find another job. Or at least that's what I have heard.
    Yep. We recently let an executive go, and he came back with a legal letter because he thinks his severance is too small, even those that's all his employment contract covers. We consulted our legal and they talked about how if this ever goes to court, the judge will look at his age, his title, how likely he is to find another job with equivalent pay and title etc...and obviously the younger and higher up that person is, the harder it would be for that person to find an equivalent job.

    Long story short, despite having an employment contract outlining his termination severance, we ended up giving him more money to settle...

  2. #422
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    Quote Originally Posted by RX_EVOLV View Post
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    Yep. We recently let an executive go, and he came back with a legal letter because he thinks his severance is too small, even those that's all his employment contract covers. We consulted our legal and they talked about how if this ever goes to court, the judge will look at his age, his title, how likely he is to find another job with equivalent pay and title etc...and obviously the younger and higher up that person is, the harder it would be for that person to find an equivalent job.

    Long story short, despite having an employment contract outlining his termination severance, we ended up giving him more money to settle...
    So in that case, did he already agree to the severance before he brought the letter?

  3. #423
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    Quote Originally Posted by mzdspd View Post
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    So in that case, did he already agree to the severance before he brought the letter?
    Doubt it. Probably took the severance package to his lawyer and got the letter drawn up.

  4. #424
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    Quote Originally Posted by lasimmon View Post
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    Doubt it. Probably took the severance package to his lawyer and got the letter drawn up.
    Oh okay. Yeah my wife (who works in HR) has always said that when they offer you a severance, do not take it and tell them you want 24 hours to decide. Which is probably what that exec did.

  5. #425
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    Quote Originally Posted by mzdspd View Post
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    Oh okay. Yeah my wife (who works in HR) has always said that when they offer you a severance, do not take it and tell them you want 24 hours to decide. Which is probably what that exec did.
    You never sign right away. They can't take back their offer if you take time to seek guidance from a lawyer. Assuming its reasonable time.

  6. #426
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    Quote Originally Posted by lasimmon View Post
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    You never sign right away. They can't take back their offer if you take time to seek guidance from a lawyer. Assuming its reasonable time.
    Yep - That. Wouldn't sign the release and went straight to legal. We got the legal letter within 24 hours.

    I guess an interesting bit was since his severance was outlined in the employment agreement, technically we have met all the requirements. If we go to court, the judge usually side with the employee and based on all the stuff I said, he has a decently case. However, he has to show that he has put in reasonable efforts in looking for a job of similar position, and if he actually finds one right away, within the time equilvalent to our severance package, then his case becomes very weak. So it was a gamble on our end... and we decided not to risk it, more so because of the potential legal cost than anything else.
    Last edited by RX_EVOLV; 06-20-2019 at 09:54 AM.

  7. #427
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    Don't think it will result in layoffs in the short term, but Shell just sold its Foothills assets (Waterton, Jumping Pound, Caroline + all the fields that feed these plants) to Pieridae Energy.

  8. #428
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    Im curious - is there a pipeline that goes from these plants to Nova Scotia for this natural gas?

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    Quote Originally Posted by nzwasp View Post
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    Im curious - is there a pipeline that goes from these plants to Nova Scotia for this natural gas?
    The north american natural gas transmission system is pretty integrated, but in the end, it won't be these same molecules of gas that get produced in Alberta and loaded onto boats in Nova Scotia. However, it doesn't have to be, because they'll be insulated from commodity price swings by virtue of having their own production to sell.

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    the news release makes it seem like it will supply the Goldboro project:

    https://boereport.com/2019/06/26/pie...ut-gas-plants/

    It also demonstrates solid progress for our flagship Goldboro LNG project. We said we would acquire additional gas supplies for the LNG facility and we have done that. Not only does this deal help us secure the remaining conventional natural gas supply needed for the first train of the Goldboro LNG project, it makes Pieridae a major player in the Alberta midstream and upstream industry.

    “But more than that, it creates a solid, ongoing foundation for the Company as we continue to build toward becoming the first Canadian company to market LNG off the east coast to global consumers,” concluded Sorensen.
    I suppose they could just "trade" gas produced in AB with gas produced closer to NS since it's all so integrated, so ExtraSlow is probably right.

  11. #431
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    Quote Originally Posted by sabad66 View Post
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    the news release makes it seem like it will supply the Goldboro project:

    https://boereport.com/2019/06/26/pie...ut-gas-plants/



    I suppose they could just "trade" gas produced in AB with gas produced closer to NS since it's all so integrated, so ExtraSlow is probably right.
    That’s pretty much how gas marketing works. You pay a fee to go in, you pay a fee to off-take. The fees will depend on the locations of those two.

  12. #432
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    Quote Originally Posted by realazy View Post
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    That’s pretty much how gas marketing works. You pay a fee to go in, you pay a fee to off-take. The fees will depend on the locations of those two.
    Interesting. Learned something new today

    One question tho, how do they ensure quality? Is it possible that producer A puts shittier quality gas into the main pipe then gets better quality gas out at the other end? (Or the opposite)

  13. #433
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    Quote Originally Posted by sabad66 View Post
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    Interesting. Learned something new today

    One question tho, how do they ensure quality? Is it possible that producer A puts shittier quality gas into the main pipe then gets better quality gas out at the other end? (Or the opposite)
    It's strictly regulated on what each will take. A producer can't dump a bunch of ethane and propane into the line with the methane and there are limits on sulfur, etc etc.
    A good running gas plant maximizes the amount of LPG to the limits that the pipeline will take because it's virtually a disposal issue for the producer.
    They check and test at transfer points to make sure producers aren't feeding them garbage.

  14. #434
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    Can confirm. There is gas a chromatograph running 24/7.

    Producers and pipeline operators know exactly what the composition of gas leaving the plant and going into the pipeline is and many other specs.

    At transmission pipeline pressure and temperature ethane (C2) and propane (C3) would be a gas resulting in a higher heating value of the gas stream.

  15. #435
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    You also get paid different amount based on the content of your gas. Fun fact, natural gas isn't one thing, it's a mixture of different molecules, methane, ethane, propane etc. Although, on the long distance transport lines, most of the propane and heavier has been stripped out and sold separately.

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    This year and next will be the death of the well servicing companies. I suspect a bunch of small take overs and one big industry shocking failure.

    But who...
    Originally posted by ZenOps
    I say we slow down the spinning of the earth so that there is 25 hours in the day.

    Join me.

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