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10-29-2014, 04:43 PM
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#21
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Thinks s/he gets paid by the post
Join Date: Jun 2010
Posts: 2,301
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The severance is awesome.
However escorting you out of the building shows a lack of class IMO and is counter productive if they ever want to hire former employees again. For good employees, it only makes sense if they are going to a direct competitor
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10-29-2014, 04:51 PM
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#22
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Gone but not forgotten
Join Date: Jul 2012
Location: Peru
Posts: 6,335
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Quote:
Originally Posted by jim584672
So today starts the journey to the next phase of life!
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Enjoy!
I recall the days when my company was shutting down. 3300 employees in a total phase out over a 6 month period. Upper level managers had a limited access parking lot.
Notification came early, when the card scanner didn't lift the gate. An hour to box office belongings, and a uniformed escort to the elevator and out the door.
For many 30+ years... over in one hour.
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10-29-2014, 04:51 PM
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#23
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 3,083
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Quote:
Originally Posted by EastWest Gal
The nice thing about being escorted out is that they can't possibly call you to do more stuff for them, LOL. Go ahead and celebrate!
Sent from my iPhone using Early Retirement Forum
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The FAQ they gave me says part of the agreement is that I can never be reinstated with the company in any capacity.
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10-29-2014, 04:55 PM
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#24
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 3,083
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It was a total shock. All my co-workers were like what is going on??
They took me to my desk, I took the few things I had. I asked should I turn off the computer, they said no leave it. The Director and Security watched me the whole time and then walked me out.
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10-29-2014, 05:05 PM
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#25
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 3,083
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I think they were playing a game with me. They initially told me the package was a done deal, all the approvals were done, and it could not be undone. Then they told me no-deal, you are on your own, forget it. Almost like they wanted me to get frustrated and quit on my own so they could get a freebie on me. So when I didn't leave they probably thought damn, our goals will not be met, get rid of him.
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10-29-2014, 05:08 PM
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#26
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Full time employment: Posting here.
Join Date: Jan 2006
Posts: 956
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That's awesome! Congratulations!
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10-29-2014, 05:28 PM
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#27
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2006
Posts: 11,401
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Congratulations Jim. I have always felt that escorting people off the premises was a heartless thing to do. Try not to take it personally; it is no reflection on you. The important thing is that you were able to ER with a wonderful package. Enjoy your freedom!
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10-29-2014, 05:30 PM
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#28
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Thinks s/he gets paid by the post
Join Date: Jun 2014
Posts: 1,069
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Even executives get escorted out. It's crazy we live our lives like this.
Sent from my iPhone using Early Retirement Forum
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10-29-2014, 05:31 PM
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#29
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Thinks s/he gets paid by the post
Join Date: Oct 2013
Posts: 1,186
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We should all be so fortunate. Congratulations and enjoy. The game is finally over and you won!
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10-29-2014, 05:34 PM
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#30
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,223
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Quote:
Originally Posted by jim584672
I think they were playing a game with me. They initially told me the package was a done deal, all the approvals were done, and it could not be undone. Then they told me no-deal, you are on your own, forget it. Almost like they wanted me to get frustrated and quit on my own so they could get a freebie on me. So when I didn't leave they probably thought damn, our goals will not be met, get rid of him.
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So you do have an agreement signed by a corporate officer , Correct ?
__________________
" A person is smart, but People are dumb, dangerous, panicky animals, and you know it " Agent "K", Men in Black
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10-29-2014, 05:37 PM
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#31
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Dryer sheet wannabe
Join Date: Aug 2011
Posts: 13
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I would be fine if they walked me out in handcuffs if they gave me a year of severance, a health stipend, and partial bonus!
Sent from my iPad using Early Retirement Forum
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10-29-2014, 05:41 PM
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#32
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 3,083
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Quote:
Originally Posted by Lakewood90712
So you do have an agreement signed by a corporate officer , Correct ?
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They said I would get me the agreement via FedEx which will be sent out today. Hopefully they are not playing another elaborate game. I will scream if that is the case.
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10-29-2014, 05:42 PM
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#33
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,731
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Quote:
Originally Posted by Bluwtrguy
I would be fine if they walked me out in handcuffs if they gave me a year of severance, a health stipend, and partial bonus!
Sent from my iPad using Early Retirement Forum
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I would have even let them walk me to my car, too!
__________________
*********Go Yankees!*********
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10-29-2014, 05:49 PM
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#34
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Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 2,223
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Quote:
Originally Posted by jim584672
They said I would get me the agreement via FedEx which will be sent out today. Hopefully they are not playing another elaborate game. I will scream if that is the case.
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Well, you will get un-employment.
I'm afraid you have simply been terminated. Time to seek qualified legal advise. Get a specialist, not "My Cousin Vinny"
Time for BRAT to chime in.
__________________
" A person is smart, but People are dumb, dangerous, panicky animals, and you know it " Agent "K", Men in Black
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10-29-2014, 05:55 PM
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#35
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Location: No fixed abode
Posts: 8,765
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As a former security guy, it's usually corporate policy to escort people out when they've been separated from the company. It's a catch all policy intended to limit the damage disgruntled employees can create. But they have to do it to everybody or they open themselves to lawsuits. So the good get treated the same way as the potentially bad.
Having said that, I observed over the years that often the policy was ignored in regards to the people that could truly do some damage. Those of us that were root were usually allowed to stay long enough to explain to somebody what we'd been doing for the last decade or so. I saw a couple of instances where someone who's access should have been pulled immediately was able to do some malicious mischief, although I never saw anyone actually do any damage.
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
DW and I - FIREd at 50 (7/06), living off assets
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10-29-2014, 05:56 PM
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#36
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: South central PA
Posts: 3,486
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Quote:
Originally Posted by jim584672
They said I would get me the agreement via FedEx which will be sent out today. Hopefully they are not playing another elaborate game. I will scream if that is the case.
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I have a bad feeling about this...
Sent from my iPhone using Early Retirement Forum
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10-29-2014, 06:06 PM
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#37
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Location: Bonita (San Diego)
Posts: 1,795
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Quote:
Originally Posted by EastWest Gal
I have a bad feeling about this...
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"The check is in the mail."
I hope it comes to fruition!!
__________________
"So we beat to our own drummer in the sun;
We ask for nobody's permission to run.
I just wanna live in a world like that;
Now I'm gonna live in a world like that!" - World Like That, O.A.R.
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10-29-2014, 06:09 PM
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#38
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 3,083
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Please stop, you are all making me nervous!
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10-29-2014, 06:10 PM
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#39
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: May 2008
Location: No fixed abode
Posts: 8,765
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Quote:
Originally Posted by EastWest Gal
I have a bad feeling about this...
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Sounds normal to me. I wouldn't start worrying about it unless I didn't get it by Monday.
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Anonymous (not Will Rogers or Sam Clemens)
DW and I - FIREd at 50 (7/06), living off assets
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10-29-2014, 06:20 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Jun 2010
Posts: 2,301
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Quote:
Originally Posted by harley
As a former security guy, it's usually corporate policy to escort people out when they've been separated from the company. It's a catch all policy intended to limit the damage disgruntled employees can create. But they have to do it to everybody or they open themselves to lawsuits. So the good get treated the same way as the potentially bad.
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Interesting. I've been at three different mega-corps and only seen people escorted out when they've been fired. At my first mega, I was laid off but they gave us a month or two warning and reasonable severance. No escort or reduction of privileges. At my other two megas, I left voluntarily (they would have liked me to stay) and I also had complete access to my files until I turned in my computer. In fact at my last job, I was writing work emails right up until the very end.
P.S. I love the term "separated". Definitely corporate speak
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