SD70Dude Lithonia Operator SD70Dude most railroaders leave this job by retirement, resignation, or being fired. Other than being carried out in a body bag, doesn't that sum up the ways people leave all jobs? ??? Yes, as long as the employer remains solvent. I was simply countering his example of people who are unfortunate enough to see their employment evaporate for reasons that are outside their control. Of the remaining Class I railroads, when was the last time a core component of any of them went bankrupt? Milwaukee, Rock Island and Penn Central come to mind, and there were warning signs in all those cases for years before they finally took the plunge. I feel quite comfortable with my current investment in CN stock.
Lithonia Operator SD70Dude most railroaders leave this job by retirement, resignation, or being fired. Other than being carried out in a body bag, doesn't that sum up the ways people leave all jobs? ???
SD70Dude most railroaders leave this job by retirement, resignation, or being fired.
Other than being carried out in a body bag, doesn't that sum up the ways people leave all jobs? ???
Yes, as long as the employer remains solvent.
I was simply countering his example of people who are unfortunate enough to see their employment evaporate for reasons that are outside their control.
Of the remaining Class I railroads, when was the last time a core component of any of them went bankrupt? Milwaukee, Rock Island and Penn Central come to mind, and there were warning signs in all those cases for years before they finally took the plunge.
I feel quite comfortable with my current investment in CN stock.
Oh, okay. I should have realized that. CN's matching of 1/3 is a nice perk. And CN does seem to be doing very well.
When I was a kid in Gulfport MS, I thought it was a big deal that IC came there. I never would have dreamt that someday CN would.
Lithonia OperatorWhen I was a kid in Gulfport MS, I thought it was a big deal that IC came there. I never would have dreamt that someday CN would.
charlie hebdo And at least one CEO involved in bankruptcy got golden showers!
And at least one CEO involved in bankruptcy got golden showers!
JPS1 Presumably the compensation package for an employee, say an engineer, on a short line or regional railroad is less than that for someone on one of the Class 1s. What are the reasons that someone would go to work for a short line or regional railroad? Along the same lines, I have ridden the Durango and Silverton five times. How would the compensation package for an engineer, as an example, on this operation compare to that of a Class 1 or major regional?
As Tree said, regular hours/days.
Another might be the line is sold to a short line and someone doesn't want to move.
Keep a connection to railroad retirement if terminated or furloughed. (I've known guys who were furloughed and temporarily went to work for short lines/regionals until recalled. Some places now won't hire someone unless they can prove you've given up any seniority recall rights on another railroad.)
The short line/regional is hiring. Barring loss of a major source of traffic, short lines and regionals also may be more stable in their numbers. Less swings in traffic with the resulting furloughs and recalls.
Jeff
Overmod Lithonia Operator When I was a kid in Gulfport MS, I thought it was a big deal that IC came there. I never would have dreamt that someday CN would. Just as I'd never dream that someday Tim Horton's would own Burger King.
Lithonia Operator When I was a kid in Gulfport MS, I thought it was a big deal that IC came there. I never would have dreamt that someday CN would.
Just as I'd never dream that someday Tim Horton's would own Burger King.
Is that related to BK's decline?
Burger King is like Avis. Both were happy and laughed about being #2. The problem is if you rest on your laurels, you soon drop to 3, and then 4, and then 5, etc.
I think BK has been held by other companies for years, coinciding with decline. Tim Horton's is in a very different niche. That sort of arrangement seldom works out.
Our community is FREE to join. To participate you must either login or register for an account.