Friday, October 07, 2005

Response to recent announcement by Lockheed Martin regarding reduction in benefits

In response to the previous post, and to one comment made on an earlier post regarding the recently announced reduction in Lockheed employee benefits, I requested of the LM Alliance staff that we get an official response from Lockheed Martin, and the Alliance on what impact this would have on LANL employee benefits, should the Alliance win the contract. Here is the response that I got.

--Doug
_____________________________________

Lockheed Martin recently announced to employees changes in current and future employees’ benefit programs. While these changes reflect the competitive market and industry trends for employee benefits, the Lockheed Martin benefit programs have no relationship to the benefit program designs for Los Alamos employees. The Los Alamos Alliance will present employee benefit proposals to the NNSA for their review and approval by 31 Jan 06, in compliance with the LANL RFP requirements. In a recent communication, Dr. Paul Robinson, Los Alamos Alliance Laboratory Director, states, “DOE has publicly said the Laboratory’s new M&O contractor will provide transferring employees with benefits that are substantially equivalent to those they enjoy today. We intend to fully meet the intent of this DOE requirement.”



Jan Moncallo

Vice President, Human Resources
Lockheed Martin Technical Operations

Comments:
In the face of LM headquarters cutting benefits what a non-commital vague response from C. Paul R. "... will provide transferring employees with benefits that are substantially equivalent to those they enjoy today. We intend to fully meet the intent of this DOE requirement." For a day, a week, a month, for how long? He could have at least indicated his concern and personal promise to attempt to hold back the tide of beneift loss. LM is just following the rest of corporate America and will with the Alliance. Just look at the loss of employee benefits and medical coverage across corporate America during the 90's to better understand what will happen to current LANL employee benefits and medical coverage under LM into the future. The financial impact on LANL employees will not be fully understood until after the DOE/NNSA contracting officer approval on Jan. 31., 2006 of the benefits package. LANL employees will then have a whole 60 days to figure out what to do and to find a new job if they don't like it. Does anyone know how to find a job in 60 days? Get ready for the scary realization of the financial havic you are about to embark on. DOE/NNSA certainly has a big hand in this by virtue of the RFP. I guess this really demonstrates the DOE/NNSA belief concerning the value of LANL for national security.
 
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