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Old 11-12-2011, 01:27 AM   #41
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I agree with one poster who said that if you give too much, you may get shafted on things like the limited bonus pool money. Other examples are crappy assignments, sloth-like movement from your manager to hire your replacement, extended period of training your replacement, hatred from some who may say "Geesh, he must think he's important and that we can't live without him...I wish he would just go NOW."

I'm considering the same options when I FIRE in about 2 years...and the thing that worries me the most about giving long notice is that I know they'll pull me off of the satisfying projects to ensure continuity...and I don't think my final months will be as rewarding. As a result, I've decided on 1 month's notice.
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Old 11-12-2011, 05:31 AM   #42
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The one big advantage we have if we are giving notice of ER is that we are probably FI. If my successful ER really depends on a few last paychecks or a payout from a bonus pool, then I intend to wait until after I have absolutely secured those things before I tell my employer that I am leaving. Then, if they want my help in maintaining continuity for a reasonable time I can do that, and a few weeks or even months of working past FI will not inconvenience me much. If I give notice too soon and as a result am ushered out the door or reallocated bonus payments to reward only people who will still be working there or even just given terrible work assignments, then I have put myself in a position to be hurt that I didn't have to be in.
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Old 11-16-2011, 04:34 PM   #43
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I intend to extend every courtesy that the company has afforded me. They will be receiving ~5 minutes notice shortly after the new year.
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Old 11-16-2011, 09:09 PM   #44
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I intend to extend every courtesy that the company has afforded me. They will be receiving ~5 minutes notice shortly after the new year.
Oh my. Sounds like you have had some bad experiences with this company.
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Old 11-16-2011, 09:38 PM   #45
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To me it just sounds like pjdaddy has had to put up with the treatment that most - though admittedly not all - employees receive from their employers. E.g., last minute weekend assignments that must be done whether or not you have other plans; policies dictated from above with little if any consultation; employees pressured to move to remote branch offices/plants; etc.

When I was hired by my current firm, I was asked to report for work ASAP, and encouraged to give the mininum possible notice to my existing employer. I have not forgotten that.
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Old 11-18-2011, 05:44 PM   #46
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I would caution against giving an early notice and against making your intentions known to anyone in your workplace, even on an informal basis, if there is even a remote chance of downsizing. Apart from the possiblity of a 'package', your personal situation could change over 3 or 6 months.

Several years ago I had a direct report resign. He was on a list to be downsized within the next month. He missed out on a very attractive settlement.

I was one of the lucky ones. I was prepared and ready to go after 25 years with megacorp. And it happened. They paid me to leave. With the exception of the final two years it was a wonderful company to work for-they paid well and had good benefits. It's the only way to go if you can possibly swing it.

So glad I never told anyone because the outcome may have been different-as it was for one of my associates.
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Old 11-18-2011, 05:53 PM   #47
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So glad I never told anyone because the outcome may have been different-as it was for one of my associates.

What happened to him/her?

I agree with you about keeping quiet. I talked about ER with a few people and word did leak out. My boss even asked me about my retirement plans - although that may have been coincidental because he is retiring soon too and we've always joked that we're going to go at the same time.

I've been doing damage control ever since. I plan to tell them shortly after the first of the year - giving them 5 months' notice.

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Old 11-18-2011, 07:57 PM   #48
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So far he has not been downsized...and probably will not since everyone knows he plans to go by early next Spring.
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Old 11-18-2011, 08:56 PM   #49
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I gave around 6 months notice because we were going to reorganize and I wanted my team of folks to be reassigned during the reorganization so I could work with their new manager and do a brain dump prior to my retirement. I also was hoping once they knew I was going to retire, I could possibly get an interest in leaving severance package. We had done a downsizing a couple of months earlier and I had asked to be one of the people they were downsizing and was denied.

I asked my boss to consider me if there was any more downsizing. She did pursue a package for me when there was some downsizing going on in another area in our department which did not impact her organization which resulted in me getting 1 year of severance pay. I would not have gotten this if I hadn't all ready announced my retirement.

So it worked out for me to give more notice.
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Old 12-07-2011, 01:25 PM   #50
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I am taking the advice I've received from this community on giving notice after the annual bonus amounts are set. Like some others, I want to leave on a positive note (after almost 19 years) and ensure a decent transition for my manager and colleagues. Just today, my manager told me I'm his "go-to guy". I'm planning on giving six weeks notice at the end of May and leaving right after the next paid holiday (July 4th).

In between, I'm taking days off for school activities as my daughter finishes elementary school. I have several good friends here and many acquaintances so I will use this time for some nice lunches.

Staying patient, keeping quiet and counting down the workdays as I sunset my corporate career to be a stay at home dad and pursue my next career as an elementary school teacher...
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Old 12-07-2011, 01:33 PM   #51
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Don't make your move counting on finding a job as an elementary school teacher. Schools right now are cash strapped, class sizes are increasing, all across the country. Be prepared for the possibility that it may take a while after you have your teaching certificate.
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Old 12-07-2011, 03:32 PM   #52
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I will leave in the spring like the women before me. Bonuses are Christmas and Profit sharing January so they will be over. I am really busy Jan and Feb so about mid Feb I will tell my boss to look for my replacement. He will probably find my replacement around April 1 and I will spend 2 weeks training. Then I will start doing doctor and dentist appointments and taking vacation days. I will show up 3 days a week or so until the replacement is fully trained. I have about 600 hours vacation coming and plan to use it up and will have another 100 hours at least so I can be on vacation about 6 months showing up a couple of times a month if needed. I accrue more vacation and sick if I show up or get paid for any in a half month so twice a month is perfect for me. I might make Labor day my last day even if they replace me in April or May. I took the job April 24 and my prior person left labor day for a 3 month trip. They gave her a party and luggage. Now I need to decide which year to retire maybe 2014 when I turn 66 because the next two years bonuses will be fantastic.

One coworker started giving notice about 3 years ago. They gave him about 50K bonus to work one more year then he gave a 1 year notice to leave last Christmas when he was 65. Now he needs to work until his wife is 65 so his insurance will cover chemo so 2 more years. We all know he wants to be retired.
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Old 12-07-2011, 05:52 PM   #53
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Old 12-08-2011, 06:46 AM   #54
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I am working out my end of game strategy. Part of me would like to pick a date next year to let my boss know that I intend to retire in 6 or 9 months. I am not really concerned about being left out or being "put on the shelf" during that period...in fact that might be a good thing.

I would like to know about your experiences/views on the pro's and con's of this approach.
cons - they might find a replacement before the 6 month period.
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Old 12-08-2011, 10:44 AM   #55
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If you are handed your walking papers early you would be entitled to unemployment compensation. Only the most economically marginal employers will do that because the remaining employees learn not to give notice.

If they do find your replacement odds are they will ask you to transition responsibilities and they will give you an assignment your manager always wanted to be done but didn't have the resources to complete.
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Old 12-24-2011, 12:48 PM   #56
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I agree with those who suggest keeping notice short. In my place of employment they do have a policy for 3 months notice of retirement. I've never seen them put that to any good use. My boss had given them 6 months notice and they only offered me his job the day before he left. I never really got to talk to him about how he did the job or the pitfalls to watch out for.

I've also seen people who gave notice in advance lose out on off site training and conferences, and miss out on bonuses even though they'd worked for them already.

When I go it will be after the bonuses get paid out and I can take advantage of all my benefits. Then they get 2 weeks notice. The nature of work has changed. The company can't attract GenX or GenY, so I fully expect to be offered a consulting position, like many of my newly retired colleagues. The question will be do I really want to keep working for a term?
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Old 12-27-2011, 12:24 PM   #57
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This is kind of trivial, but it echos what others have said about notice. A little over a decade ago I was doing a short-term contract (a rescue). I arrived the Monday after Thanksgiving. The girl in the adjoining cube had been there for about six weeks. After two or three weeks she stopped by my cube to tell me that the place was kind of boring and she was not challenged at all, and had accepted another offer and had given her two week notice.

It seemed that it was standard operating procedure for managers to host a holiday lunch outing for their direct reports, and the one for this department had been scheduled, and it fell within the outgoing employee's notice. That afternoon the lunch was rescheduled for the day after her last day. Some stuff cannot be made up.
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Old 01-05-2012, 04:59 PM   #58
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I gave around 6 months notice because ... I ... was hoping once they knew I was going to retire, I could possibly get an interest in leaving severance package. We had done a downsizing a couple of months earlier and I had asked to be one of the people they were downsizing and was denied.

I asked my boss to consider me if there was any more downsizing. She did pursue a package for me when there was some downsizing going on in another area in our department which did not impact her organization which resulted in me getting 1 year of severance pay. I would not have gotten this if I hadn't all ready announced my retirement.
If your employer knew that you would be leaving voluntarily within six months or less, I don't understand why they would elect to pay you a year's severance to leave slightly sooner.

Not calling BS, just saying their decision seems strange.
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