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Retired Today - Escorted out with package!
Old 10-29-2014, 02:02 PM   #1
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Retired Today - Escorted out with package!

I'm 49, been working at Megacorp 28 years. Repeatedly told those in charge I was looking to get out for over a year. So they said they would package me out last summer. Then a few months ago they changed the story to no package, you are on your own.

So quite a surprise when I was called into a meeting today to find my Director with a HR rep. They told me they are offering severance (one year of salary), 11k health stipend, 8k (pro-rata bonus), and I would be eligible for unemployment. Then I was escorted out.

So today starts the journey to the next phase of life!
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Old 10-29-2014, 02:05 PM   #2
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Congruations !!!! I am waiting for the same "opportunity" to force me to end my OMY syndrome !

Welcome to the first day of the rest of your life !
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Old 10-29-2014, 02:11 PM   #3
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Well, you got what you wanted. Congrats.
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Old 10-29-2014, 02:14 PM   #4
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Congrats! That is my dream. Enjoy this new phase!
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Old 10-29-2014, 02:14 PM   #5
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That was what I hoped for - reach FI and ready for ER... then be offered a package...

Didn't happen for me... and I was tired of waiting.

Congratulations on being offered the dream scenario.
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Old 10-29-2014, 02:15 PM   #6
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Sweet! And don't forget to apply for unemployment.
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Old 10-29-2014, 03:16 PM   #7
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Escorted out but laughing all the way to the bank! Good for you.

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Old 10-29-2014, 03:19 PM   #8
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Even though that exit was probably a little unsettling in its suddenness (were you in the middle of writing an email?), I hope you will start enjoying your new normal really soon! That is a sweet severance package.

Congratulations!
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Old 10-29-2014, 03:23 PM   #9
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Congratulations and welcome to retirement!

You received a nice package so I hope that softens the instant departure you experienced.
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Old 10-29-2014, 03:27 PM   #10
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Escorted out, eh? Nice final touch. Remember that if anyone calls you for work related advice.
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Old 10-29-2014, 03:33 PM   #11
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Congratulations on the severance! I'm envious.

Unless you were in a real sensitive position, it confounds me how some Megas act. Was it really necessary to escort you out of the building? I can see it where someone is fired or there is a stressful relationship or you're dealing with very sensitive data, but really.....it's like one day they trust you represent them and to make big decisions on their behalf and the next day they don't trust you enough to clean out your office and say goodbye to your colleagues without stealing the store.
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Old 10-29-2014, 03:48 PM   #12
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Originally Posted by travelover View Post
Escorted out, eh? Nice final touch. Remember that if anyone calls you for work related advice.

+1

Sweet package, though. Treat yourself tonight to a little splurge.


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Old 10-29-2014, 04:01 PM   #13
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Best case scenario!
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Old 10-29-2014, 04:02 PM   #14
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Man, now I feel cheated for getting only 6 months' severance pay!

Now instead of working "one more year", you get PAID for one more year without any more w*rk! What a sweet deal if you're ready for it!
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Old 10-29-2014, 04:03 PM   #15
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happy for you, enjoy your retirement
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Old 10-29-2014, 04:08 PM   #16
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Congratulations on the severance! I'm envious.

Unless you were in a real sensitive position, it confounds me how some Megas act. Was it really necessary to escort you out of the building? I can see it where someone is fired or there is a stressful relationship or you're dealing with very sensitive data, but really.....it's like one day they trust you represent them and to make big decisions on their behalf and the next day they don't trust you enough to clean out your office and say goodbye to your colleagues without stealing the store.
+1.

Throughout my career I've seen companies treat laid off employees like criminals escorted out of the door by HR and security upon notification.
These employees were not terminated for cause and deserved a dignified treatment in my opinion.

To the OP, good luck in your retirement.
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Old 10-29-2014, 04:09 PM   #17
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Nice!! As a mariner working for the same company for twenty years I can expect a ride from the boat to my car, with a possible bag search to ensure I didn't loot boat toiletries.
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Old 10-29-2014, 04:48 PM   #18
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Quote:
Originally Posted by jim584672 View Post
I'm 49, been working at Megacorp 28 years. Repeatedly told those in charge I was looking to get out for over a year. So they said they would package me out last summer. Then a few months ago they changed the story to no package, you are on your own.

So quite a surprise when I was called into a meeting today to find my Director with a HR rep. They told me they are offering severance (one year of salary), 11k health stipend, 8k (pro-rata bonus), and I would be eligible for unemployment. Then I was escorted out.

So today starts the journey to the next phase of life!
Congratulations on getting out with more than what you asked for. And don't give the "escorted out" thing a second thought. It's about them, not you. Welcome to the next phase in your life.
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Old 10-29-2014, 04:52 PM   #19
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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!


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Old 10-29-2014, 05:29 PM   #20
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Congratulations!
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