My job was eliminated a few months ago. I was fortunate to receive a fair severance package with outplacement services for 6 months since I did not want to pursue other positions with megacorp.
Even though I secured a new position with another company quickly (banked the severance $$), I decided to have coffee with the Outplacement company for various reasons....
- after the intro, I focused the meeting on "how to transition to a slower pace employment, i.e. part time, contracting for a staffing company, self employed consulting, etc. in the future
- assistance with generalizing my resume from my area of focus to more general, perhaps to increase new gigs one day. I'm ok with my job but might not do it if the $$ wasn't there, not passionate about it.
- approaches to take toward semi-retirement/early retirement (I got a deer in headlight stare), even tho the flyer said retirement transition
- no cost to me, but would only cost my former employer if I accepted the services
(flat fee regardless if it's 30 minutes or 20+ hours, so it could be an easy assignment)
For most part, they referred me to their website for various assessments, questionnaires, etc. While I understand, I'll only get what I put in, I'm not so sure I care. I can see myself investing a few hours, but not much more. I'd rather use the time reading the suggested investing books normally listed here or Bogleheads, but then again a nap sounds good or walk in the park with my kids before winter comes.
I guess I feel this way as I will be FI in the near future (1-2 years), but figure I'll work until 50 (42 now) to get to a 3% SWR or lower. Given, I'll probably be a landlord after I leave megacorp, but I hope to keep that to be a very part time commitment.
Anyone use Outplacement services? What benefits did you value? Anything I should really explore?
Thanks for your feedback.