Well, here's what we know so far.
- Oracle is acquiring Skywire Software in a deal that will close in 30-60 days.
- At the moment, the powers that be are performing "job mapping", which is a process of matching up job titles, pay and responsibility from legacy Skywire Software into the Oracle hierarchy. Once that is complete, we should be receiving "offer letters", which will either offer you a position, a temporary position, or...well, a non-offer.
- We're told that pay will remain the same.
- As far as I've been able to tell, benefits are much better. Deductibles are cheaper, and presumably the premiums are cheaper as well.
- When the transaction "closes" - that is, we become assimilated into Oracle, we will convert over to Oracle Benefits immediately.
- Operationally, we will probably conduct business as done in the past after the close of the transaction.
- We will be part of Oracle's relatively new "Insurance Global Business Unit", headed by Rick Conner, with Randy Skinner, Wendy Gibson and Mike McCurley as upper management.
- Looks like we're going to get 18 vacation days, 8 holidays and 7 sick days. Humph. Probably my only gripe, since I have 10 years of tenure at Skywire Software I would normally be getting 4 weeks of vacation a year :/
Labels: work
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