If Oracle Corp.'s acquisition of Sun Microsystems Inc. goes as planned, CEO Jonathan Schwartz will receive a severance package of about $12 million, and board chairman and co-founder Scott McNealy, about $9.5 million, according to the proxy statement filed Monday.
You owe it to yourself to review any severance deal and try to negotiate for more if you're unsatisfied. You have much to gain, especially if you keep in mind the following tips.
The moment you find out you're being laid off, when your boss tells you that your position is no longer needed, it's nearly impossible to think clearly, especially if the layoff is a surprise.
Severance payment errors aren't unheard of. In some circumstances, an employee needs to pay back the money, but sometimes an employee has a valid claim for keeping it. Here's how to know the difference.
Sidekick: The Good News & the Bad News Either way you look at it Microsoft Data Center management did not follow standards or best practices in this failure. In which case it makes me wonder more about the outsourcing of corporate data much less personal data.
- mburton325
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AISO founders envisioned a Web hosting company that was environmentally friendly. While the company employed energy-efficient innovations like solar panels, its infrastructure produced unacceptable power and cooling requirements. Find out how AISO leveraged AMD technology to overcome their challenge in this case study white paper.
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On a typical day, weather.com, the Web site for The Weather Channel in Atlanta, serves up between 15 million and 20 million page views. But in September 2004, when back-to-back hurricanes ransacked Florida, the peak traffic on one day more than tripled: over 70 million page views by more than 7 million unique visitors. Read the full success story now.
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Quick, practical advice for IT pros. Made fresh daily.
Severance Pay Mistakes: A Quick Guide to Employee Rights
Quick Tips for Negotiating a Severance Agreement
Negotiate Severance, Catch up on Tweets, Promote Your Work
Golden parachutes ready for top Sun execs