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Old 07-20-2008, 01:11 AM   #21
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You know it! That's one of my favorite lines from this forum, the water will be fine as soon as 6 more weeks go by and I dive into the pool.
We live the concept. The new home has a nice pool in the back. And yes, the water is indeed fine.
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Old 07-20-2008, 06:38 AM   #22
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I gave 6 weeks notice with the hope that my bosses boss would get motivated to find a replacement for my boss who left the company 5 months before. I was doing his job and my regular job for that time so I was motivated to get out of there. Alas, nothing was done so, like Elvis, I left the building.

Like Megacorp says...you have to look out for you since no one else will. Sad but true. When you w*rk you are a w*rker, an employee, a headcount, a slot, a place on an org. chart, a bench spot, a team member, you are in a position and have a j*b but you are not a real person...just a means to an end.

So shed no tears for the j*b...we can all be replaced. Say goodbye to your life in chains and Hello to a new life where YOU determine your next activity and your next priority.

Enjoy....the water is fine.
Amen to that, I was once told that you are sadly mistaken if you think you will leave a hole in the organization when you leave. The position will be filled quickly or not at all. Its akin to removing your foot from a bucket of water...the empty space fills up instaneously. Not long there after they say "and remember good ol whats his name"!
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Old 07-20-2008, 06:49 AM   #23
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My first post Congratulations Cuppajoe! Question for everyone -- Why do people give more notice for retirement than they would to quit for a new job? I have not made the jump yet, but I am getting there. I am puzzled by the amount of notice retirees give and employers demand.
Interesting question. I have decided to retire on Jan 1, 2009, but I have not given official notice yet since it is 5.5 months away. In my case, I believe an early notice will help me to not back out. I have been saying just one more year for years! Well, enough is enough.
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Old 07-20-2008, 07:48 AM   #24
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My first post Congratulations Cuppajoe! Question for everyone -- Why do people give more notice for retirement than they would to quit for a new job? I have not made the jump yet, but I am getting there. I am puzzled by the amount of notice retirees give and employers demand.
I have to give 9 months notice by contract...I'm hoping that when I give my 9 months notice, they will say "thanks, there's the door" to which I can say, "great, you owe me 9 months pay", which is also by contract. Alternatively, it would be better for them to tire of me and ask me to go away, which would cost them much more than that...we've had a few senior managers get tossed over the past 12-18 months, @ over a million each...I would be either in the same or higher bracket. I have my pride and would prefer to go out at the top of my game, but its hard to sneeze at a $600k +or- after tax package.
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Old 07-20-2008, 10:49 AM   #25
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My first post Congratulations Cuppajoe! Question for everyone -- Why do people give more notice for retirement than they would to quit for a new job? I have not made the jump yet, but I am getting there. I am puzzled by the amount of notice retirees give and employers demand.
I'm guessing, but there could be a few reasons for more notice of retirement VS leaving for a new job:
1) No external time pressure. When you get a new job, there's often an employer waiting on you to start work. Everyone understands that tey won't wait forever. When you give two weeks notice before retiring, it's natural for people to ask" "What happened? Did Bill snap? Is he really being pushed out?"
2) It's "different": You only retire once, and many of us have a lot of regard for the company we're leaving, especially if we've been there a long time. You want to give them every chance to execute a smooth transition.
3) Maybe a little bit of vanity. When you retire, you are generally at the most senior point you've ever been. Most of us like to believe that the company will have a tough time replacing us. Of course, the truth usually is that there are 10 people waiting for your job, and 6 people down the chain will be doing handsprings when you leave as they get a new job one notch farther up the hierarchy. In six months, it will be "remember ol' Jimmy? You know,the guy who always ate at his desk?"
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Old 07-20-2008, 12:49 PM   #26
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Never stay too...

Congratulations.
Always remember old Indian Proverb-
Never stay in front of Boss (too long)... or behind Donkey !

Thanks.
Manji
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Old 07-21-2008, 12:22 AM   #27
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... Question for everyone -- Why do people give more notice for retirement than they would to quit for a new job? I have not made the jump yet, but I am getting there. I am puzzled by the amount of notice retirees give and employers demand.
cuz there are a lot of details to take care of ...
pension if any
healthcare, if any
not burning any bridges - get your replacement on board and running
wrap up current 'stuff'
let them know not to give you any new stuff that takes a long time
gloat
...etc.
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Old 07-21-2008, 01:16 AM   #28
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Originally Posted by steveinjersey View Post
My first post Congratulations Cuppajoe! Question for everyone -- Why do people give more notice for retirement than they would to quit for a new job? I have not made the jump yet, but I am getting there. I am puzzled by the amount of notice retirees give and employers demand.
There are at least two members of this board who kept their ER plans quiet, expecting to give their employers the absolute minimum notice.

They were pleasantly surprised to be laid off with generous severance packages a bit before they were about to announce their ER plans...

So I'd hold off your announcement to the absolute last possible moment.
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Old 07-21-2008, 10:35 AM   #29
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There are at least two members of this board who kept their ER plans quiet, expecting to give their employers the absolute minimum notice.

They were pleasantly surprised to be laid off with generous severance packages a bit before they were about to announce their ER plans...

So I'd hold off your announcement to the absolute last possible moment.
I found out when I gave notice that my position was on the chopping block and if I would have stayed until the end there was a generous severance available. However, for me the thought of going through the motions for another 9 months and knowing how it was unlikely any severance would be too generous (maybe $10k?) I decided to go now. That more than anything told me I was done.

BTW make sure that they are working to takeover your duties. I gave 5 weeks notice, finished 2 weeks ago - so 7 weeks later they have still not managed to find a replacement so I am helping them out, which has entailed me doing 20+ hours a week. Thankfully I leave for Australia this week, so after that they are on their own.
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Old 07-31-2008, 09:08 AM   #30
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We are required to give 30 days notice for retirement and that is what I intend to give when the time comes---but no more. My reason for not giving more is that I expect my boss will become quite unpleasant toward me once the annoucement is made. Too bad, but that is just the way it is.
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Old 07-31-2008, 09:36 AM   #31
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Congratulations!!!! I love hearing about more people leaving the rat race!
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Old 07-31-2008, 09:39 AM   #32
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We are required to give 30 days notice for retirement and that is what I intend to give when the time comes---but no more. My reason for not giving more is that I expect my boss will become quite unpleasant toward me once the annoucement is made. Too bad, but that is just the way it is.
Hope you will be pleasantly surprised and your boss is nice about it but if s/he isn't maybe it just means something like they don't want to do without you.:confused:
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Old 08-01-2008, 09:44 AM   #33
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From CuppaJoe Hope you will be pleasantly surprised and your boss is nice about it but if s/he isn't maybe it just means something like they don't want to do without you.:confused:

I agree with the bucket of water theory---once I or anyone else leaves the space will fill up and in couple of weeks folks will be saying "remember ol __"
Of course, the irony is when I take a few days off my boss invariably finds a reason to be out of the office while I am out.
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Old 08-01-2008, 03:03 PM   #34
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I'm guessing, but there could be a few reasons for more notice of retirement VS leaving for a new job:
1) No external time pressure. When you get a new job, there's often an employer waiting on you to start work. Everyone understands that tey won't wait forever. When you give two weeks notice before retiring, it's natural for people to ask" "What happened? Did Bill snap? Is he really being pushed out?"
2) It's "different": You only retire once, and many of us have a lot of regard for the company we're leaving, especially if we've been there a long time. You want to give them every chance to execute a smooth transition.
3) Maybe a little bit of vanity. When you retire, you are generally at the most senior point you've ever been. Most of us like to believe that the company will have a tough time replacing us. Of course, the truth usually is that there are 10 people waiting for your job, and 6 people down the chain will be doing handsprings when you leave as they get a new job one notch farther up the hierarchy. In six months, it will be "remember ol' Jimmy? You know,the guy who always ate at his desk?"
My belief is that when you FIRE, you don't need another job financially (and you may not want another job either). So you can take your time to leave if you want because if the employer snaps and walks you to the door, you don't care. (Believe it or not, some employers have a policy that if you don't want to work there, they walk you to the door right away so that you aren't a "bad example" to the other employees.)

In the book The Black Swan, this kind of financial independence is referred to as "f*ck you money" because you are financially able to say "f*ck you" to situations you want to turn down for any reason. If you want to leave slowly, you leave slowly (assuming your employer doesn't mind); if you want to leave quickly, you leave quickly; and if your employer doesn't want you to leave at all, that's your employer's problem.
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