Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (24) | Ignore Thread Prev | Next
Author: DorothyM Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: Re: Accidental Retirement Date: 4/30/2005 4:16 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
...consider taking the first package you are offered.


The first offer is always the best. They never get richer. I was at an ad agency in the 80s and hung around for more than 6 months waiting to get laid off. It worked and I got a terrific package (and had a wonderful time being unemployed for a while). The very next layoff 3 months later was puny by comparison. Further, in the first cut you can often negotiate some little things.

My current company has never, ever had a lay-off. Even when they fire someone for incompetence they offer another job. So this year when they put out a severence policy for the first time ever, I started to wonder. And I'm ready to jump into retirement the minute someone waives an offer under my nose.


Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (24) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

Economic Implications of Cuba
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement