LyondellBasell, this one could hurt!!!

[Marilyn]

Thank you, Diana, yes, I know this scripture very well, and I'm trying to maintain the proper perspective, and pray a lot and try to give it to God since He is the one in control.

When you are right in the throws of something it does become difficult, and I was using this forum to release some of my concerns, I guess. We seem to at least have some information now and have an idea what our liabilities will be. It will probably be pretty bad for our branch as I feared. We will know for sure on Monday. Not enough to affect anyone's job, but definitely our pay this month, when the big right-off will occur if it goes as we think it may.

Thank you all for listening, and for your support. You are such a wonderful group of ladies and friends!!!!!

I'm feeling much better now that we have some information and a direction on how to conduct our business with them in the future. My direct boss is pleased with what we've done. And I think our other management are too, now that all the freaking out is over.

With great rewards, come great risk sometimes.

[judy]

I'm so glad you are feeling better about this situation. One day at a time.

Hugs,

Judy

[DianaB]

Marilyn, I know that this is a couple of days late but how did Monday go at work?

[HALEY]

love you post Diana.

but my belief is this recession is going to get worse before it gets better!

[Marilyn]

Well, the LyondellBasell thing is not looking good. We don't have the final ruling yet, now they are saying maybe by next Tuesday. It is looking like we may get stiffed for over a $1M. At my branch, it's $700K of that amount. I did find out that the commission plan works both ways. We share in the profits and the losses. I haven't calculated the damage yet, because I just didn't want to know, but if they write off the $700K, our profits in a month are not this much, so my commission will be a negative number. I will still get my base pay, but no commission until I make enough commission from profit to offset the negative. Once the negative is paid back, I'll start receiving positive commission pay again.

So this thing is personal, and it looks like those of us who do earn commission will lose pay. We are blessed and do not live paycheck to paycheck, so we will be okay. There are at least 2 people who are not in the same situation as we are who will be affected.

We just have to increase sales elsewhere as much as possible to offset this loss which is difficult right now. I'm working on some things to try to improve the situation and reduce the damages. One reason I haven't been on here as much this week.

Thank you all for caring so much, my dear friends. Our family is very blessed though. We will weather this okay. It's just money, the important things are doing great!!!!