Quote:
Originally Posted by bizaro86
I'm pretty confident if some one is employed in an job with no contracted end date and they get terminated they would qualify for severance.
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This!
If you have a contract and it ends you get nothing. If you have indefinite employment and it ends, you get severance. So it's not really about job security or money
I'm not sure what's going on, but I can see the rationale of why it might make sense by the canes. The contracts are fake job security. Doesn't matter how many years left on someones contract; if they want out, they ask for permission. If you want them out, you fire them. It's a key for culture: you don't want anyone there who doesn't want to be there.
And this also reduces the drama of "will they extend him? At what salary? Etc." Now you just got through a review every year and get a salary bump. If you don't like your salary, leave. If you don't like your boss, leave. If you don't like your coworkers, leave. If they don't like you, youre fired. It's all so...normal.