4 ms·
As someone who has been offered similar buy-outs, the one presented here is a poor deal. I would not have taken that one unless I already had a job waiting for
by jmclnx 2y ago
As someone who has been offered similar buy-outs, the one presented here is a poor deal. I would not have taken that one unless I already had a job waiting for me.
- TMWNN 2y agoIn what universe, public or private, is nine months of pay a poor deal for a buyout?
- seattle_spring 2y agoThe one where it's offered by an administration with a history of lying, particularly around the fulfillment of past contracts. Payment is only guaranteed until mid-March. In other words, this universe.
- jmclnx 2y agoBTW it is 8 months. https://apnews.com/article/trump-buyouts-to-all-federal-employees-f67f5751a0fd5ad8471806a5a1067b5e https://apnews.com/article/trump-buyouts-to-all-federal-empl... But does this include benefits ? How about contributions to the pension, what will be the pension benefits when you retire ? Will you be fully vested when you leave ? What happens to your security clearance (if you have one) There are many unknowns, so to me, if you work for the federal gov, you would be insane to take this package. Unless of course you already have a guaranteed Job you can start when you leave. Plus many IRS employees tried to take this package and was denied, now the Fed has a list of employees that want to leave. Will they be fired once Tax season is over without the 8 month package ?
- elicash 2y agoThis depends on your situation. For example... Are you someone who took a federal job where you were working from home, and the nearest office near you is 5 hours away? And now you can't sell your home in time for the deadline to start working in the office? Then yeah, you take the gamble on not getting paid. The only problem with this approach is you cannot collect unemployment like you can if you're let go.