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Reading the dear John letter it reminded me of two of the companies I worked in the past that wanted to reduce their staff, and they were looking for volunteers
by HenryBemis 3y ago
Reading the dear John letter it reminded me of two of the companies I worked in the past that wanted to reduce their staff, and they were looking for volunteers. In both cases I found better AND god a very decent payout. I understand that someone in their late 50s may not see this as a blessing, but imagine getting another job and a 15% raise and 5-10-20 salaries (gross) in your pocket (as a great sign-off bonus). I see this a free money!
- ghaff 3y agoOr someone in their late 50s might be ready to retire (or work part-time independently) for the right buyout offer.
- bluGill 3y agoI know I'm hoping that in my late 50s / early 60s my company goes through a round of voluntary layoffs. It remains to be seen how good my 401k and other retirement plans do over the years in between - I can't afford to retire today, but there is a good chance that by 60 I could do so. Having see several relatives die at 64-65 recently I'm not interested in working longer (family history suggests overall I'll have an average lifespan: 78-79 - but the normal bell curves start showing death at 64 is not an outlier)
- ghaff 3y agoIt absolutely depends. Someone can be in a situation where they can prefer their job than an alternative. But, for a lot of people, well it's "work" even if they're generally OK with it. And if they can afford to do something they prefer--especially given possible keeping toe in the river options--why not?