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Old 02-18-2010, 11:08 AM   #41
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I had a friend who was working for a company that was being sold. People were assuming the worst and bailing out right and left.

So the company he worked for gave him and others a (whopper) big bonus and a big raise to stay on through the acquisition.

Then the new company took over and gave him another (whopper) big bonus and raise to stay on for 6 months.

After 6 months he feigned that he was considering other offers. Ditto the raise (yet again).

He would have been much much worse off had he left. He never would have received the kind of money he did by moving on.

There is opportunity in changing times.
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Old 02-18-2010, 11:15 AM   #42
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MasterBlaster,

You're absolutely correct! A very wise business person I know once said..."in life you get what you negotiate".

The only real issue here is that I have indeed moved on, however I would like to get something for my 13 years of life energy here (one of the 1st people hired). Just walking away with nothing when I have a six figure salary, benefits and 5 weeks holidays would not be good. In my jurisdiction, minimum due is 2 weeks salary for every year of service...so six months salary. My boss got 6 weeks for every year, or 18 months...but he was a director. I'd be happy with the minimum, but I think 12 months is possible.

We'll see...E86S54
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Old 02-25-2010, 12:27 PM   #43
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Another Update. The director has given me carte-blanche to operate the facility (within certain expectations that are obvious). So I decided and implemented a flexible work schedule that allows us to work from home 2 days a week. I am also no longer on-call. This makes my life much easier with additional free time to chill and do what I need to keep sane. We'll see if this works or if I leave in May or thereafter.

E86S54
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Old 02-25-2010, 03:28 PM   #44
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So I had a conf call with my new boss & HR. I told them that if they were looking to save more money they could lay me off since I planned to retire in 2013 anyway. <snip>
I think when he has time to reflect on this with the HR guy, they come to the conclusion that this only ends with me leaving.

E86S54
I sure agree with your conclusion. This is a little like when you say to your girlfriend, "I been kinda thinking about maybe we might think about seeing other people." Give her a fortnight and she'll being seeing some other guy up really close and personal.

Ha
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Old 02-27-2010, 09:33 AM   #45
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Originally Posted by MasterBlaster View Post
I had a friend who was working for a company that was being sold. People were assuming the worst and bailing out right and left.

So the company he worked for gave him and others a (whopper) big bonus and a big raise to stay on through the acquisition.

Then the new company took over and gave him another (whopper) big bonus and raise to stay on for 6 months.

After 6 months he feigned that he was considering other offers. Ditto the raise (yet again).

He would have been much much worse off had he left. He never would have received the kind of money he did by moving on.

There is opportunity in changing times.

That's my situation right now. People are leaving right and left, and I'm given more and more responsibilities everyday which is perfectly fine with me. I'd rather be revved up the entire day rather than having to start, sprint, and then stop, and then sprint again.

However, the purported promotion is nowhere in sight. Unlike Brewer's problem of not being able to lead a team because of his official job title, my mega corp has no problem with under paying people and pretending that they are doing their old job when in fact they are leading a bunch of teams.

We will see. If by the time the economy turns around, the new bosses continue to pretend, then it's time to leave.
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Old 02-27-2010, 11:21 AM   #46
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In 1985, my FIL was the London Branch manager for a major US Bank. While he was there an even larger bank bought them out. He was planning on retiring and they offered him this miniscule package to leave after working for the bank for 30 years(during which time he did such things as sell 747's for the bank and give them the commission at millions each, he stopped Toyota from coming into the country, and was friends with James Michner and other but those are other stories about this amazing quiet man.)

Anyways, he went to the new management and said, "You know every client that we have in Britain is coming to me and asking whether they should stay with the bank or move on.... and You know, I just not sure what to tell them."

They changed his package. Cost of living in London is high, very high, so the income for a major manager in US Dollars in London was about 50% higher than his salary in the States. They gave him his full London salary when he retired for three years, and then gave him 80% of that salary, for the rest of his life, and set it up so that when the bank was bought out again, it couldn't be touched. He also got full healthcare for him and his wife. Unbelievable deal, but it was his negotiation that got it for him.

He has/had many other funny stories where his negotiation skills of know when was the right time to speak made all the difference in the world.

Z
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Old 06-01-2010, 01:29 PM   #47
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Handed in my notice this morning...boss was shocked!? One month and I'm onto life part 2!
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Old 06-01-2010, 05:57 PM   #48
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Handed in my notice this morning...boss was shocked!? One month and I'm onto life part 2!
Congratulations!
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Old 06-01-2010, 06:22 PM   #49
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I take it you couldn't convince them to lay you off?

Congratulations and welcome to life part 2.
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Old 06-02-2010, 10:34 AM   #50
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I take it you couldn't convince them to lay you off?

Congratulations and welcome to life part 2.
Thanks all! It hasn't really sunk in yet, so kinda in a weird state.

No I could not convince them to lay me off. I certainly don't consider myself irreplaceable, but the equipment we currently use in no longer made, very specialized/complicated and only a handful of people in the world with real training or experience on it. So I'm walking out the door with a lot of knowledge and they certainly didn't want that.

Life goes on...
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Old 06-02-2010, 11:32 AM   #51
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Thanks all! It hasn't really sunk in yet, so kinda in a weird state.

No I could not convince them to lay me off. I certainly don't consider myself irreplaceable, but the equipment we currently use in no longer made, very specialized/complicated and only a handful of people in the world with real training or experience on it. So I'm walking out the door with a lot of knowledge and they certainly didn't want that.

Life goes on...

Why not the other possibility... the name of the thread.... just stop showing up and see how long it takes them to stop your paycheck
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