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postyle

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postyle

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Re: mudslog post# 41

Friday, 08/02/2013 9:58:47 AM

Friday, August 02, 2013 9:58:47 AM

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You are correct. Almost all employees were transitioned to a bi-weekly "lag" schedule where they will be paid the Friday AFTER the payment period ends. Those that were already being paid weekly were not effected by the change.

I think the combination of recent changes...

1) divestiture of Osram
2) the sale of its stake in NSN
3) replacing Loescher with Kaeser
4) payroll transition

...will have positive effect and the rest of this year and next looks bright
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