Topic: Not a good time
In October of last year I went to work for a General Contractor located in New Orleans, La. as the Project Superintendent on a 150 unit apartment complex. At the time I started this project it was valued at $12,000,000+ and upon completion, due to unforeseen conditions and owner upgrades, the total cost of the project was $13,500,000. Subatantial completion was signed in mid October and final punch list / close-out was scheduled to be complete the week of Nov. 8. The last cost projection I did was from a end October cost report and the company was looking at $1,200,000 in savings for the entire project. This is above and beyond overhead and profit estimated in the project. I had a staff which included a office administrator, field superintendent and a Project Manager - all of which was terminated between August and September by the home office ( I was not consulted)
On Nov 5, 2010 I was given a reduction in force and told my services were not needed anymore. Now keep in mind, based upon the original contract amount there was $40,000.00 earmarked as "job bonus" (my share would have been $13,000.00+) and due to the increase via change orders this amount would have increased.
Now, I was given a reduction in force on Nov 5, 2010 and the project was not "closed-out" until Nov 11, 2010, I was told that since I was no longer an employee I was not eligible for any bonus! And this came straight from the owner of the company. So I get 2 weeks earned vacation pay plus I can sign up for my Louisiana unemployment benifits of $247.00 per week.
So, I don't guess I'm gonna get a Thanksgiving turkey, either.
Nela