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Comments on news posted 2014-04-18 08:36:15: The same Time Warner Cable executives who are getting massive, multi-million dollar golden parachutes from the Comcast merger are asking the company's employees to contribute to the cable operator's political action committee (PAC), even if the compa.. ..


Frink
Professor
Premium Member
join:2000-07-13
Scotch Plains, NJ

Frink

Premium Member

Not uncommon.

Employee PAC donation requests happen in just about all companies...I am not saying it's 'right' but it happens everywhere not just at TWC.
ke4pym
Premium Member
join:2004-07-24
Charlotte, NC

ke4pym

Premium Member

Agreed. I don't see this so much as news. My company asks us to donate to the PAC.

If you think about it really, it's a self-serving thing. Government shenannagins can certainly impact employees of a given company.

Karl Bode
News Guy
join:2000-03-02

2 edits

Karl Bode to Frink

News Guy

to Frink
Yes. Though as CEO Rob Marcus is about to get $80 million for a few months on the job after the merger goes through, it's simply funny that they're begging employees who make $40k for a couple hundred thousand in additional lobbying money -- for a company that likely may not even exist in one year's time.

n2jtx
join:2001-01-13
Glen Head, NY

n2jtx

Member

Two Books

Here we have the red book and the blue book. The blue book contains the names of all employees who gave to our PAC and the red book lists all those who did not. At end-of-year review time, both books will be given to the CEO. Which book do you want your name in?
CXM_Splicer
Looking at the bigger picture
Premium Member
join:2011-08-11
NYC

CXM_Splicer

Premium Member

Yup, and to take it a step further, how long before people are fired for choosing not to 'donate'? Or worse still, the companies simply deducts the 'donation' from the employee's paychecks. You want it back? Ok, fill out this form and you will receive a refund and a pink slip.

hitachi369
Embrace Your Rights
Premium Member
join:2001-10-03
Cincinnati, OH

hitachi369

Premium Member

lol, the majority of the employees are going to be "redundant" if the sale goes though.
dishrich
join:2006-05-12
Springfield, IL

dishrich

Member

Fixed their employee letter

"and our ability to continue to NOT serve our customers."

Packeteers
Premium Member
join:2005-06-18
Forest Hills, NY
·Verizon FiOS
Asus RT-AC3100
(Software) Asuswrt-Merlin

1 edit

Packeteers

Premium Member

wrong letter recipients

they should be sending that letter out to their shareholders

why would any employee who may be out of their job next year

thanks to this merger, want to piss his savings away on a PAC

»www.vice.com/read/shock- ··· ligarchy

Probitas
@teksavvy.com

Probitas

Anon

one more reason to abolish PAC

Employees are supposed to have the freedom to associate. If they choose not to donate, that really shouldn't be used as a threat to terminate, but of course that's likely what hangs over their heads. And it's obscene that the people making the most money are asking the people who make the least to pay for THEIR CORPORATE POLITICAL VIEWS under the company umbrella. I'm sure if the company really was a person physically he'd be getting his ass beat out back on a daily basis for being so crooked.

I understand that technically a company successful at lobbying is profitable, but clearly they are more than just profitable, otherwise no one would have bought them, so why do they need a PAC?
sevenbelow
join:2014-03-21
Roslyn Heights, NY

sevenbelow to hitachi369

Member

to hitachi369

Re: Two Books

Everyone clapped after the new CEOs speech when my old employer was bought out. Everyone except me. Those people were all laid off a few weeks later as was myself.

The company went bankrupt a year later.
smcallah
join:2004-08-05
Home

smcallah to Karl Bode

Member

to Karl Bode

Re: Not uncommon.

But TWC may also exist a year from now. They cannot stop doing business as usual because of a pending merger. They are not stopping normal operations or upgrades, so why stop this? As a public company, they cannot collude with another public company, even if they are going to merge with them. Even Verizon could not operate directly with Verizon Wireless until after their merger.

If the merger doesn't go through, and they didn't continue building a PAC fund, then what do they do when it's time for them to lobby and they don't have this fund?
smcallah

smcallah to CXM_Splicer

Member

to CXM_Splicer

Re: Two Books

Yes, accuse the company of doing illegal things when they have not. What is the point of this?
smcallah

smcallah to Packeteers

Member

to Packeteers

Re: wrong letter recipients

Since it is entirely voluntary, why even ask this question? If you don't have the money to give, then you don't do it unless you really love the company for some reason.

Many of the employees are shareholders as well, since they likely have TWC stock in their 401k and many have options or grants.
smcallah

smcallah to Probitas

Member

to Probitas

Re: one more reason to abolish PAC

Who even said that not donating to a PAC would get someone fired? Why are people making things up just to put down TWC?

Don't they do enough wrong to put them down for instead of making up illegal acts for them? One guy in this thread is implying that they'd take a donation involuntarily from employee paychecks.

The ridiculous lengths some people will go to in order to put down a company are appalling.
CXM_Splicer
Looking at the bigger picture
Premium Member
join:2011-08-11
NYC

CXM_Splicer to smcallah

Premium Member

to smcallah

Re: Two Books

Notice the part where I said "how long before"?? I was implying that it is the direction we are going, not accusing any specific company of doing that now.
your moderator at work
corinthos
join:2007-10-09

corinthos to Frink

Member

to Frink

Re: Not uncommon.

Yup at AT&T I'd get something every few months about donating or calling a congressman about something. Every time I got something about calling a politician then I would and do the opposite of what AT&T asked. Pretty much I consider whatever they want is probably bad for the consumer but was a bit good for my 401k.

anon_anon
@comcast.net

anon_anon to n2jtx

Anon

to n2jtx

Re: Two Books

That assumes a corporation would reward ANY loyalty an employee would have for them. What really would happen is the CEO would look at the names within blue book say "Well, they only contributed a few hundred bucks each." and lay them all off anyway.

Remember to a corporation, it's an unfortunate manipulation of the free market by the evil government that they have to pay any employees at all instead of being able to rent some slaves. That pesky Lincoln! Whatever money they pay to their employees should have remained theirs to begin with, so they have no moral problem asking their employees to give some of it back to them. The employees that contributed to the PAC only are returning a small fraction of the pay they have unfairly extorted from the corporation, thus they aren't very much morally better than those who gave back none.