Word: employeees
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As it turns out, there was a slight misunderstanding between PBHA and Quad Bikes over what to do with the abandoned bikes around Harvard. According to David P. Tucker, an employee of Quad Bikes, the Quad Bikes office received a call from PBHA a few days before the auction asking...
Two and a half decades ago, his then employer, Occidental Petroleum Corp., cut its traditional defined pension plan in favor of a 401(k)-type system. So instead of getting a guaranteed pension check of $1,308 a month for his 36 years as a full-time, salaried employee, the...
High interest rates in the inflationary 1970s produced solid returns for Oxy's bond-heavy pension fund - so much so that Oxy's accountants figured the plan was overfunded by $600 million. For Oxy to get at that cash, pension laws required it to close its fund and start again...
Back at the golf course, Shively is not the only former Occidental employee toiling away in his retirement. There are three other former Oxy Pete workers among the staff. All would be better off today - and probably playing the course as opposed to working it - had Occidental stuck to its...
In her new capacity, Ciotti will “seek to increase the focus on talent and performance management..., enhance employee communications, and advocate for diversity and inclusion” within FAS, Smith wrote.