Reaction of your boss when told your ER ing in you 50's

[Totoro]

Manager loses nothing by giving you praise, avoids conflict and has a chance you'll like him a bit more for giving you a compliment (guess that didn't work).

So yeah, who cares indeed

 

[JustCurious]

Unless you signed some sort of contract for a set amount of time, you can walk out.

Even if you signed a contract, you can still walk out. They cannot force you to stay, that would be involuntary servitude.

 

[HtownRose]

Another early retiree made her "All Office" email announcement today, pretty sure she's in her 50s or maybe even 40s. So inspiring! Her last day is Monday 6/1, which leads me to speculate our company health plan covers you for the entire month even if you are on the payroll for just 1 day.

 

[LBYM]

I suspected the same thing at my company but I'm glad I checked. I had to stay till the second day of the month in order to get health care for the full month.

 

[scrabbler1]

Another early retiree made her "All Office" email announcement today, pretty sure she's in her 50s or maybe even 40s. So inspiring! Her last day is Monday 6/1, which leads me to speculate our company health plan covers you for the entire month even if you are on the payroll for just 1 day.

My company had that same rule, something I did not realize at the time when I reduced my weekly hours worked from 20 to 12 and became ineligible for the company health plan. It was a pleasant surprise that I didn't have to switch to COBRA until July.

 

[brett]

It was the opposite for me. I got a golden handshake at 58....management downsizing. And we were financially and emotionally prepared.

My boss flew out to give me what he thought was the bad news. I was elated. He told me after the lunch that I took it very professionally and that I would have great references and contacts. HR called me later to see if I was "OK". It was difficult not to let on that I was thrilled.

Little did he know that I was prepared, and longing for this moment. Even had a lawyer tentatively selected to review the package and negotiate on my behalf.

But, after it was all done, many of my colleagues and associates were surprised the I walked away from the business. More than one told me that working as far into their 60's was a requirement because of their financial situation.

 

[Al in Ohio]

My company had that same rule, something I did not realize at the time when I reduced my weekly hours worked from 20 to 12 and became ineligible for the company health plan. It was a pleasant surprise that I didn't have to switch to COBRA until July.

At one time an HR person revealed to me that this is a state law in many states, mine included.


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[Dcharles]

My boss was not happy and wanted to reverse my decision to retire early thinking I must certainly be mistaken to leave on my 60th birthday. I kept saying I was not interested, I knew what I was doing and I am retiring early.........Life is too short! It wasn't so much my value as an employee he wanted to keep me around as it was a means to cover up his mess, buy some time to find and train a replacement etc. The toxic environment he created was easy to leave, but leaving my career was difficult as I wasn't 100 percent prepared to make the ER jump! However, sometimes you just need to be prepared to "pull the trigger" when a work situation becomes so toxic it impacts your health negatively. My ER was a year and a half ago and I never regretted ERing! There is life outside of work! I'm Free! Happy dance!


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[pb4uski]

....which leads me to speculate our company health plan covers you for the entire month even if you are on the payroll for just 1 day.

Yes, I think this is quite typical.

 

[ArkTinkerer]

Wonder of wonders...

Found out they listed an ad for my replacement while I still have 2 months to go! Management was actually persuaded to be a bit less short sighted for once!

 

[Dcharles]

if it wasn't for narcsististic bosses, the Dilbert Comics would never have gained ant popularity because we would not be able to relate to the stupidity of the "office"


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[Al in Ohio]

Update:

So this Weds I give verbal notice of my plans to retire on July 5. I offered to work PT at home to help transition some key projects under construction at about 30-40 hrs / month until early 2017. This also would ensure an extra years retirement match (about $5,000 more). Win win really. Got asked to w*rk 20 hours per week until they can find my replacement, but no longer than end of year, then PT as needed for as long as I want from home. During the half time 20 hrs/week period I only need to come in the office once per week for part of a day to help my current one person junior engineer staff. So I said sure and they seemed pretty appreciative. My goal was to leave on a good note so I still have a PT consulting option so this seems like a good arrangement. I will lose benefits at 20 Hrs/ week or less though. I will switch our family to my wife's plan.

Of course what I need to keep telling myself is that if the process takes longer than expected I can always say I'm done.


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[MRG]

That's a great outcome. Congratulations!

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[Milton]

Please do not assume I am not highly regarded. Any discussion in that regard is well taking up unecssary space at best.

The Indispensable Man, by Saxon White Kessinger

Sometime when you're feeling important;
Sometime when your ego 's in bloom;
Sometime when you take it for granted,
You're the best qualified in the room:
Sometime when you feel that your going,
Would leave an unfillable hole,
Just follow these simple instructions,
And see how they humble your soul.

Take a bucket and fill it with water,
Put your hand in it up to the wrist,
Pull it out and the hole that's remaining,
Is a measure of how much you'll be missed.
You can splash all you wish when you enter,
You may stir up the water galore,
But stop, and you'll find that in no time,
It looks quite the same as before.

The moral of this quaint example,
Is to do just the best that you can,
Be proud of yourself but remember,
There's no indispensable man.

 

[Al in Ohio]

More unnecessary space taken by poems applicable to some must be irreresistable.


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[Milton]

The poem applies to everyone.

 

[Calico]

The poem applies to everyone.

It certainly does! And to some more than others - for example, those entirely lacking in humility. Not that I could possibly think of such an example off the top of my head.......

 

[marko]

The poem applies to everyone.

Didn't apply to Van Halen when David Lee Roth walked off.

 

[marko]

Even if you signed a contract, you can still walk out. They cannot force you to stay, that would be involuntary servitude.

If you've signed a contract, you likely have some carrot waiting for you at the end of it. You can walk off, but you won't get the carrot.

If there was no carrot...what the heck were you signing?

 

[Al in Ohio]

You think Apple doesn't miss Steve Jobs? Look at what its stock price has gone to since he left. Poem makes average Joe's feel great. Does not apply to anyone in a creative position. If you don't work on that kind of team, or on that level you wouldn't get it. I've seen the aftermath linger for a decade or more. It's not the norm, that much is true.


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[marko]

You think Apple doesn't miss Steve Jobs? Look at what its stock price has gone to since he left. Poem makes average Joe's feel great. Does not apply to anyone in a creative position. If you don't work on that kind of team, or on that level you wouldn't get it. I've seen the aftermath linger for a decade or more. It's not the norm, that much is true.


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+1
He wasn't quite on the level of Steve Jobs, but 2 years after our president retired, our sales plummeted from a decades-long $400MM to $50MM, ALL of it lost to competition.