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Xeno

On 11/01/2016 5:39 AM, Janet wrote:
> In article >, says...
>>> There has been a bloodbath in the oil industry except in one major
>>> company where, to preserve jobs, everyone from the president down took a
>>> paycut.
>>> Graham
>>
>> I should also add that I am well past normal retirement age so the
>> decision to wind down has been brought forward. It has been *very*
>> difficult to adjust over the last year as most of the work was
>> intellectually stimulating. I hate the inactivity but if any work does
>> come in, I almost feel resentful at having to do it.
>>
>
> As the industry contracts you may find that companies still need your
> level of skills and experience from time to time. When they no longer
> have that expertise on the payroll, they have to bring in a private
> consultant. Who can pick and choose short term advisory work and name
> his price.
>
> Janet UK
>
The various state governments here have been shedding staff at a great
rate of knots in recent years so there has been a great hollowing out of
the 'institutional knowledge'. That has led to many skilled people
earning 4 and 5 times their former incomes as consultants, particularly
where specialist skills such as engineering are involved.

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Xeno