Commenting on "After surviving massive lay-offs, remaining Cathay staff face dilemma over new contracts offering lower pay, fewer perks" https://www.scmp.com/news/hong-kong/transport/article/3106693/after-surviving-massive-lay-offs-remaining-cathay-staff
This pandemic is like no other recessions and financial crises. Not only does it create a great deal of physical and psychological health problems, but also affects free movement between countries, resulting in the demise of the aviation industry. Unfortunately, the sharp rise in unemployment is worldwide, and so be wise and hang on to your job.
Those being targeted for retrenchment, or asked to sign a much less attractive contractual package, are likely go through the same stages of grief experienced by people who have lost someone dear to them.
There are five stages: Denial, Anger, Bargaining, Depression and Acceptance. Different people deal with their situations differently. This is not the time for contemplation, because time waits for no one. It is important to get their spirits up, get back on track, and move on. Should one sign a contract even though the pay cut is painful and conditions reduced? They should thank their lucky star if chosen. Unless one is near retiring age, and wants to retire sooner than later, hesitation only clouds one's decision.
There is a Chinese saying, "ride a cow, find a horse". It is always easier to apply for an internal or external position if one is in employment.
As for long term consideration, those remain in the company will be at the best seat to get promotion when flying returns to normality.
Thank you for reading.
Those being targeted for retrenchment, or asked to sign a much less attractive contractual package, are likely go through the same stages of grief experienced by people who have lost someone dear to them.
There are five stages: Denial, Anger, Bargaining, Depression and Acceptance. Different people deal with their situations differently. This is not the time for contemplation, because time waits for no one. It is important to get their spirits up, get back on track, and move on. Should one sign a contract even though the pay cut is painful and conditions reduced? They should thank their lucky star if chosen. Unless one is near retiring age, and wants to retire sooner than later, hesitation only clouds one's decision.
There is a Chinese saying, "ride a cow, find a horse". It is always easier to apply for an internal or external position if one is in employment.
As for long term consideration, those remain in the company will be at the best seat to get promotion when flying returns to normality.
Thank you for reading.
