Friday, October 23, 2009

ZSC merges with PRI

So, we got notice yesterday at around 4 pm of an all employee meeting at work. This makes us all worry, because usually they have all employee meetings scheduled way in advance. We all speculated that we would be given pink slips on the spot.

Turns out, the company I work for, Zions Securities Corporation, is dissolving basically and they will be creating a new company under our parent company, Property Reserve Inc., which will be Zions Securities, LLC.

Our soon to be former CEO, Kent Money, assured all of us that no one will be laid off. However, some of the changes are: we now (or rather starting 1/1/10,) will be working for the LDS Church (no problem there for me luckily), our benefits will be what PRI's benefits are (again, luckily they are better insurance premiums than ours, so great!), we have PRI's dress code (skirts and hose, DAILY!!), and we are now part of a company that is global.

Overall, I don't for see too many bad things out of this for me personally. I am in a position that most likely will not change at all. The only difference should be who signs my paychecks. However...

SKIRTS AND HOSE EVERYDAY!?!? That is not going to be nice, at all. First of all, not comfortable. Second, I don't own enough skirts/hose to even get through one week. Sheesh. Now I know what I will be putting on my Christmas list. The dress code is going to be a huge bummer.

I am very much looking forward to the better insurance premiums though. I can do without the Christmas party and Lagoon day (that PRI doesn't do.) I am blessed to be in the position I am. There are some employees that will have to get completely different jobs, if they decide to stay with the company. Which, they gave the option that if you decide for any reason not to stay, they are offering a severance package of 2 weeks pay for every year with the company. Some people, (like my manager for instance,) seemed to think this might be the best course of action for them.

Lots of changes coming up at work. It will be an interesting few months.

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