Nasty Rumor? "Kodak Sells Photochemical Operations" ?

[Photo Engineer]

Kodak continues to be non-union. They pay very good wages and treat all employees fairly. There have been no pay cuts AFAIK, but the wage dividend formula has been adjusted to more accurately reflect profits. It is still fairly hefty on good years.

When employees are terminated due to downsizing, they are given a very nice separation and retraining payment. If possible, employees are retrained to work in another division in the company if they are downsized, and they are given about 90 days of notice.

They are permitted to use company facilities to send out resumes and job applications during this time to assist them in getting a new job.

PE

[Bromo33333]

Kodak continues to be non-union. They pay very good wages and treat all employees fairly. There have been no pay cuts AFAIK, but the wage dividend formula has been adjusted to more accurately reflect profits. It is still fairly hefty on good years.

When employees are terminated due to downsizing, they are given a very nice separation and retraining payment. If possible, employees are retrained to work in another division in the company if they are downsized, and they are given about 90 days of notice.

They are permitted to use company facilities to send out resumes and job applications during this time to assist them in getting a new job.

PE

I am living in Rochester - and here is my take on this as an outsider:

Kodak seems to be a good employer. There is huge disruption right now in that company due to the rapid shrinking of their film division - especially that this is thought to be more or less permanent. If there is a tradgety - it is that. It is not Kodak's fault, but they must react to the changes. The fact that they treat their employees with some dignity during layoffs shows rare character - I worked for a company rapidly going out of business, and they cut severance to "save cash" and gave those laid off 2 weeks and a "by your leave."

For those continuing to work for Kodak, they have a reputation for paying VERY good wages, good benefits and treat employees pretty well. If most employers were this way, the working world would be a lot less harsh.