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.
Where Google Chrome security fails: the password I heard mention that the Chrome OS will have some sort of encryption available a la bitlocker. If it's possible to encrypt personal data using another password or key, then it may have potential for very secure data.... And Ubuntu has an 'encrypt home directory' option, perhaps google should follow suit.
- Dann
Surviving Windows is easier than you think… MKS offers the power of an integrated all-in-one environment and provides you with the Power of UNIX on Windows Learn More
Brought to you by:
contests & free stuff
We have 5 copies of these two new books to give to some lucky readers. The deadline for entries is November 30, 2009.
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.
In this whitepaper, Scalar explores the opportunity to change the landscape with respect to mission critical databases
built around Oracle. Leveraging technologies such as Linux, high-end commodity processing power and Oracle RAC
technology to architect, design, build and maintain database infrastructure that delivers maximum availability, reliability
and performance at a fraction of traditional cost.
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.
Esther Schindler
claird
pasmith
Sandra Henry-Stocker
jfruh
mikelgan
Quick, practical advice for IT pros. Made fresh daily.
Quick Tips for Negotiating a Severance Agreement
Negotiate Severance, Catch up on Tweets, Promote Your Work
Golden parachutes ready for top Sun execs
Severance Pay Mistakes: A Quick Guide to Employee Rights