Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 11-26-2009, 09:59 AM   #81
Thinks s/he gets paid by the post
 
Join Date: Feb 2008
Location: Indialantic FL
Posts: 1,196
Kabekew,

Don't know if they are still after you, but if they ever present a contract to you again, mark it up with some really outrageous terms and tell them that's what its gonna take for me to work there again.

Jim
__________________

__________________
JimnJana
"The four most dangerous words in investing are 'This time it's different.'" - Sir John Templeton
jimnjana is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-26-2009, 10:58 AM   #82
Full time employment: Posting here.
old woman's Avatar
 
Join Date: Dec 2005
Posts: 551
The person who had my job before me retired. She spent months teaching me how to do it her way. The minute she retired I changed everything. She offered that I could call with questions but I wouldn't ever have done it.

I have simplifed the job, moved all paperwork to spreadsheets and keep my desk covered at all times so I look busy. Training my replacement shouldn't take very long but I don't want to do it since I will have to make it look hard.

The nice thing is during the 4 months my trainer spent training me she called in sick a lot and took vacations. You accrue sick and vacation every pay period so if you work at all in half a month you get more than ten more hours vacation and sick. I have over 400 hours vacation and 270 hours sick saved. I get paid 1/3 for sick over 192 each year and all vacation when leaving. Working 1/2 time or less for 4 months would get me 80 more hours paid time off. My replacement could do the basics in a week and I could make dental and doctor appointments at a half day each, catch a cold for a week and just be sick with headaches or something. I might only want to work 1 day a week for a few months to make the replacement wish I was gone.
__________________

__________________
old woman is offline   Reply With Quote
Old 11-27-2009, 09:28 AM   #83
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2004
Posts: 11,614
Quote:
Originally Posted by old woman View Post
I have simplifed the job, moved all paperwork to spreadsheets and keep my desk covered at all times so I look busy. Training my replacement shouldn't take very long but I don't want to do it since I will have to make it look hard.

. . . Working 1/2 time or less for 4 months would get me 80 more hours paid time off. My replacement could do the basics in a week and I could make dental and doctor appointments at a half day each, catch a cold for a week and just be sick with headaches or something. I might only want to work 1 day a week for a few months to make the replacement wish I was gone.
I think maybe you used to work in a cubicle near me. Anyway, sounds like you do stay busy working on the spreadsheets to optimize the work/nonwork ratio.

Well, if you are going to play hookie and call in "sick," be careful what you post online.

"Facebook page costs woman her benefits"
__________________
"Freedom begins when you tell Mrs. Grundy to go fly a kite." - R. Heinlein
samclem is offline   Reply With Quote
Old 11-29-2009, 04:30 PM   #84
Thinks s/he gets paid by the post
Milton's Avatar
 
Join Date: Apr 2007
Posts: 2,063
Quote:
Originally Posted by old woman View Post
You accrue sick and vacation every pay period so if you work at all in half a month you get more than ten more hours vacation and sick. I have over 400 hours vacation and 270 hours sick saved. I get paid 1/3 for sick over 192 each year and all vacation when leaving. Working 1/2 time or less for 4 months would get me 80 more hours paid time off.
I'm guessing you work for a city or have some similar government job?
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
Milton is online now   Reply With Quote
Old 11-29-2009, 04:49 PM   #85
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,388
Quote:
Originally Posted by LOL! View Post
This thread is depressing to me. Before one retires and still need to work, they should have a job that they enjoy. I think that after the retire day, one should still be friends with colleagues and bosses. It's pity that folks appear to hate their jobs and colleagues.
I have to agree. It might not be the posters' fault. But it is still sad. I enjoyed all my past works. I also liked the company of some coworkers. I may not agree 100% with my bosses, but we still talked face to face. It was often just the corporate bureaucracy BS that I hated.

Speaking of corporate BS, strangely, everybody hated it, but no one in my immediate higher chain of command would claim to be responsible for it. It must be similar to WW II Germany or the former Soviet bloc where a few tyrants at the top could rule the masses. We have seen recent examples in corporate America where a lousy CEO could really bring down the entire corp. No one below him dared to cry out loud that the emperor had no clothes.
__________________
"Old age is the most unexpected of all things that can happen to a man" -- Leon Trotsky
NW-Bound is offline   Reply With Quote
Old 11-29-2009, 05:13 PM   #86
Thinks s/he gets paid by the post
Rambler's Avatar
 
Join Date: Jul 2007
Posts: 2,243
If my employer asked me to take a post-retirement seat on the Board of Directors I would do it. They are very highly paid for what (little) they do. In fact this is exactly what I am targeting. We have had several guys in positions at my level who have done it in the past. The longest lasted about 5 years. He was about my age or my target retirement age (51) when he moved out of full-time employment and onto the Board. We also have several who have joined our Board when they retired (early) from other companies at about that age, and my experience in this industry is tremendously more than any of our current Board have. Unfortunately we have no insiders on our Board at present, so maybe I am just dreaming. If so, maybe I will find something of a similar nature to do, allow me to keep my hand in the game but have (almost) all the free time I want anyway. I don't think my expertise lends itself well to consulting, except perhaps for finding M&A targets, which I enjoy and would do, for a (very steep) price. If I don't have any of the above opportunities, well, that will be fine, too.

R
__________________
Find Joy in the Journey...
Rambler is offline   Reply With Quote
Old 11-29-2009, 05:23 PM   #87
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas Hill Country
Posts: 42,070
Quote:
Originally Posted by Rambler View Post
If my employer asked me to take a post-retirement seat on the Board of Directors I would do it. They are very highly paid for what (little) they do. In fact this is exactly what I am targeting.
I'm sure you realize your situation is somewhat unique and not applicable to the other 99.999% of us who post here. But I'm sure it would be nice "w*rk" if you can swing it.
__________________
Numbers is hard

When I hit 70, it hit back

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 11-29-2009, 06:52 PM   #88
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RonBoyd's Avatar
 
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 5,280
Quote:
Originally Posted by REWahoo View Post
not applicable to the other 99.999% of us
You may have grossly underestimated.
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
RonBoyd is offline   Reply With Quote
Old 11-29-2009, 10:21 PM   #89
Thinks s/he gets paid by the post
 
Join Date: Nov 2005
Location: North of Montana
Posts: 2,753
Quote:
Originally Posted by Rambler View Post
If my employer asked me to take a post-retirement seat on the Board of Directors I would do it. They are very highly paid for what (little) they do. In fact this is exactly what I am targeting.

R
If your mega-corp is NY listed, you may want to read this.
__________________
There are two kinds of people in the world: those who can extrapolate conclusions from insufficient data and ..
kumquat is offline   Reply With Quote
Old 11-30-2009, 07:28 AM   #90
Recycles dryer sheets
 
Join Date: May 2009
Location: Ottawa and Fort Myers
Posts: 488
the whole subject of corporate governance is confusing to me.

seems like a tail wagging the dog situation, where the supposed "servants" of stockholders (the elected board) end up "ruling" stockholders, with the senior executive group being co-conspirators with the boards in figuring out how to exploit the corporation for their own benefit, rather than building value for the shareholder owners.

with this it should be no surprise seeing management getting obscene bonuses, golden parachutes and all the rest, while draining stock value and employee pensions.

I havn't spent too much energy looking into this, as I don't own stock. Am I wrong about this? Does anyone measure this problem of rogue governance and incorporate it in their strategies?
__________________
Kroeran is offline   Reply With Quote
Old 12-01-2009, 02:18 PM   #91
Thinks s/he gets paid by the post
Milton's Avatar
 
Join Date: Apr 2007
Posts: 2,063
Quote:
Originally Posted by Kroeran View Post
seems like a tail wagging the dog situation, where the supposed "servants" of stockholders (the elected board) end up "ruling" stockholders, with the senior executive group being co-conspirators with the boards in figuring out how to exploit the corporation for their own benefit, rather than building value for the shareholder owners.

I havn't spent too much energy looking into this, as I don't own stock. Am I wrong about this? Does anyone measure this problem of rogue governance and incorporate it in their strategies?
No, you are not wrong.

Unfortunately, there is not much that small investors can do about the situation. I suggest staying away from corporations with two-tiered share structures, which just magnifies the problem (see generally Many Shares, Little Power For Change).

P.S. If you don't own stock, what do you invest in?
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
Milton is online now   Reply With Quote
Old 12-01-2009, 06:51 PM   #92
Recycles dryer sheets
 
Join Date: May 2009
Location: Ottawa and Fort Myers
Posts: 488
Quote:
Originally Posted by Milton View Post

P.S. If you don't own stock, what do you invest in?
#1 education
#2 pension year credits, government defined benefit indexed
#2.5 staying married
#3 mortgage pay down
#4 commercial condo low LTV first mortage (10%)
#5 gas station low LTV first mortage (10%)
#6 vacation property
#7 karma ; - )
__________________
Kroeran is offline   Reply With Quote
Old 12-01-2009, 07:23 PM   #93
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RonBoyd's Avatar
 
Join Date: Dec 2007
Location: Denver, Colorado
Posts: 5,280
Quote:
Originally Posted by Kroeran View Post
#1 education
#2 pension year credits, government defined benefit indexed
#2.5 staying married
#3 mortgage pay down
#4 commercial condo low LTV first mortage (10%)
#5 gas station low LTV first mortage (10%)
#6 vacation property
#7 karma ; - )

I put 2.5 and 7 at the top -- and they are considered the same thing.
__________________
"It's tough to make predictions, especially when it involves the future." ~Attributed to many
"In theory, there is no difference between theory and practice. But, in practice, there is." ~(perhaps by) Yogi Berra
"Those who have knowledge, don't predict. Those who predict, don't have knowledge."~ Lau tzu
RonBoyd is offline   Reply With Quote
Old 12-01-2009, 08:10 PM   #94
Recycles dryer sheets
 
Join Date: May 2009
Location: Ottawa and Fort Myers
Posts: 488
Quote:
Originally Posted by RonBoyd View Post
I put 2.5 and 7 at the top -- and they are considered the same thing.
true...occasionally situations have arising over the years where I might have more intensely demonstrated a propensity for senior management, and increase the pension credit rate, and I chose to turn the computer off and go home.

often, senior managers are people who don't want to go home, either because there isn't someone to go home to, or there is someone they don't want to go home to, or there is someone they want to go home to, but they have to pay for the alimony from the first or second failed marriage.

also, the most efficient and effective pathway to engage the karmic universe is indeed sitting on the couch right beside you.
__________________
Kroeran is offline   Reply With Quote
Old 12-02-2009, 07:29 AM   #95
Thinks s/he gets paid by the post
Milton's Avatar
 
Join Date: Apr 2007
Posts: 2,063
Quote:
Originally Posted by Kroeran View Post
#2 pension year credits, government defined benefit indexed
You are all set financially, and the rest is mere fine-tuning. Aren't you lucky!

I agree with the importance of #2.5.
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
Milton is online now   Reply With Quote
Old 12-02-2009, 09:38 AM   #96
Recycles dryer sheets
 
Join Date: May 2009
Location: Ottawa and Fort Myers
Posts: 488
what was the phrase in Trading Places..."luck had nothing to do with it"

though I know that's not what you meant..

working in the public sector has its own particular tortures, and there were a couple of times I walked out in tears...pulled myself together and went back in...most of my friends from my youth didn't go back in

my current challenge is along the lines of "better to know where you want to go, and not know how to get there, than to know how to get there, but not know where you want to go" - film, Gods must be crazy

not sure the human mind was designed to operate in a stress-less vacuum.
__________________
Kroeran is offline   Reply With Quote
Old 12-04-2009, 03:49 PM   #97
Thinks s/he gets paid by the post
Milton's Avatar
 
Join Date: Apr 2007
Posts: 2,063
Quote:
Originally Posted by Kroeran View Post
not sure the human mind was designed to operate in a stress-less vacuum.
Dunno, but after a hugely frustrating day at work today, it sure sounds appealling!
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
Milton is online now   Reply With Quote
Old 12-05-2009, 07:03 AM   #98
Recycles dryer sheets
 
Join Date: May 2009
Location: Ottawa and Fort Myers
Posts: 488
I guess the goal is to find the sweet spot, not too much, not too little, though having a job to complain about is envied by some

one thing I have seen is people who have early success, professionally, as well as personally, seem to be compelled to self destruction out of boredom, possibly so that they can start over and have problems to solve.
__________________
Kroeran is offline   Reply With Quote
Old 12-05-2009, 07:20 AM   #99
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,076
Quote:
Originally Posted by samclem View Post
I think maybe you used to work in a cubicle near me. Anyway, sounds like you do stay busy working on the spreadsheets to optimize the work/nonwork ratio.

Well, if you are going to play hookie and call in "sick," be careful what you post online.

"Facebook page costs woman her benefits"
I second that warning. Earlier this year my sister's boss went on sick leave for a month but posted lots of pictures on Facebook of her 2 week vacation in Spain which resulted in her losing her job. Apparently she was "on the cusp" as it was and this incident that completed the documentation the company needed to give her the push.
__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is offline   Reply With Quote
Old 12-05-2009, 07:31 AM   #100
Moderator
Alan's Avatar
 
Join Date: Jul 2005
Location: Eee Bah Gum
Posts: 21,076
I've already been asked if I would consider working with my soon to be ex-company on contract and I could be tempted as I get on really well with all my co-workers and all the management. However, for the next 3 years we have already laid out the plans to live in various places in the USA, England and Australia so the temptation is easily eliminated.

I am very lucky to currently work in such an environment, although it hasn't always been like that and three times in my career with megacorp I have got to the stage of saying "move me or lose me". The first time it happened they lost me (1984) but then re-hired me 12 months later.
__________________

__________________
Retired in Jan, 2010 at 55, moved to England in May 2016
Now it's adventure before dementia
Alan is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Employer and 401k Relationship RedHawk FIRE and Money 4 10-15-2009 10:43 PM
Taxing Employer Health Benefits stephenandrew FIRE and Money 18 03-16-2009 08:10 AM
Disney in FL as employer? MovingtotheCove Life after FIRE 9 11-17-2008 07:53 AM
Spouses and Employer Health Insurance Buckeye Health and Early Retirement 5 10-27-2007 06:56 PM
post ER work with former employer grateful Life after FIRE 4 12-22-2006 08:26 AM

 

 
All times are GMT -6. The time now is 11:42 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.