|
|
09-21-2019, 06:22 AM
|
#21
|
Full time employment: Posting here.
Join Date: Jun 2014
Posts: 518
|
I was planning to leave megacorp in 2020. In preparation for that, I made sure that I had a solid team in place and tried to make myself redundant, so I could transition out smoothly.
What I would do is I would give notice and negotiate an out, but not working more than a month.
|
|
|
|
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!
|
09-21-2019, 06:56 AM
|
#22
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2013
Posts: 11,078
|
I did a " Nancy Reagan" and just said no.
|
|
|
09-21-2019, 07:07 AM
|
#23
|
Thinks s/he gets paid by the post
Join Date: Oct 2006
Posts: 4,629
|
I told my boss I wanted to retire on Jan 31. We were in the middle of a big project and I told him I would stay on until he could find a replacement. I ended up working until July 31. We left on good terms (and, I got included in the year end bonus pool)
Two years later, my boss's replacement called about some contract work. She offered an hourly rate of 3x what I had been making. I couldn't turn it down, partially because we had some bad economic news in the interval.
|
|
|
09-21-2019, 08:08 AM
|
#24
|
Thinks s/he gets paid by the post
Join Date: Jul 2015
Location: Beaverton
Posts: 1,382
|
Yes I was offered a P/T position with amazing benefits since they knew I wouldn't stay on F/T after my date. I gave it a try and lasted six months. Since I had made up my mind 18 months prior to RE my heart wasn't in it.
For about a year I would counsel the lady who I groomed to replace me. I gave her the nod to call me at any time wherever I was. After awhile she became more comfortable and now is doing 10x better than I ever did. So proud of her!
Moral of the story is the hole we leave is easily filled and if you don't want to work then don't. If it is still in question then give it a shot but don't commit to a specific time period.
__________________
Jump in, the water's warm.
|
|
|
09-21-2019, 08:45 AM
|
#25
|
Moderator
Join Date: Nov 2014
Posts: 9,101
|
Define an “offer you can’t refuse”. Let’s say it’s double your salary for a year. Is that really going to change your life? If so, how? If not, why do it?
Time to move on. If you’re really ready to retire (financially speaking) then whatever they offer you would doubtfully make a difference to anyone but your heirs.
__________________
Every day when I open my eyes now it feels like a Saturday - David Gray
|
|
|
09-21-2019, 11:57 PM
|
#26
|
gone traveling
Join Date: Sep 2019
Posts: 249
|
I’ve tried to retire twice in the past. In both cases I was FI so I left cold turkey. There was no reason to keep working when, at the time, I was done with working
|
|
|
09-22-2019, 10:46 AM
|
#27
|
Confused about dryer sheets
Join Date: Sep 2019
Posts: 3
|
Quote:
Originally Posted by Jerry1
Define an “offer you can’t refuse”. Let’s say it’s double your salary for a year. Is that really going to change your life? If so, how? If not, why do it?
Time to move on. If you’re really ready to retire (financially speaking) then whatever they offer you would doubtfully make a difference to anyone but your heirs.
|
This response really resonates with me. Even at 2X my salary, I would have a tough time staying on. The main reason is that I would be responsible for a complete system rewrite, which I've been through once and refuse to undergo that level of agony again. Besides, most of the extra earnings would go toward taxes anyway. I just don't see the point.
Thank you all once again for taking time to share your thoughts.
|
|
|
09-22-2019, 12:29 PM
|
#28
|
Thinks s/he gets paid by the post
Join Date: Apr 2012
Posts: 2,911
|
Quote:
Originally Posted by Sammy1224
This response really resonates with me. Even at 2X my salary, I would have a tough time staying on. The main reason is that I would be responsible for a complete system rewrite, which I've been through once and refuse to undergo that level of agony again. Besides, most of the extra earnings would go toward taxes anyway. I just don't see the point.
Thank you all once again for taking time to share your thoughts.
|
Run. Now. Run fast, and run far!!
__________________
"Do not spoil what you have by desiring what you have not; remember that what you now have was once among the things you only hoped for." - Epicurus
|
|
|
Megacorp Offer after FIRE
09-27-2019, 10:42 AM
|
#29
|
Thinks s/he gets paid by the post
Join Date: May 2014
Posts: 1,867
|
Megacorp Offer after FIRE
Stayed late, cleaned out my cube then I gave 30 days notice, which included some vacation worked from home, finished everything and never returned .. made it clear no retirement party.
Once you give notice you are a lame duck.. for me it wasn’t pleasant .. i never looked back .. dam I’m happier than i though I’d be.
A couple people have approached me subsequently about coming back part time. I explain I’m not interested.
|
|
|
09-27-2019, 03:57 PM
|
#30
|
Thinks s/he gets paid by the post
Join Date: Feb 2004
Location: Switzerland
Posts: 1,045
|
Try this: Write the following sentence down on a piece of paper and sit somewhere that is quiet, have a glass of wine, and contemplate:
I can always add more time to the beginning of my retirement; but never to the end.
-BB
__________________
FIREd, April 1, 2015. My Retirement Benefits Package includes: 6 months vacation, twice a year.
|
|
|
09-28-2019, 11:28 AM
|
#31
|
Thinks s/he gets paid by the post
Join Date: Jun 2016
Posts: 4,661
|
I was asked to stay on for six months after my announced FIRE date and said no. Then was asked to stay for 3 months, and again said no. My staff was very capable of handling the day-to-day and I was mentally very ready to move on. No regrets. I felt the time with DH and family that I was gaining was worth far more to me than an additional few months of compensation I didn’t even need.
|
|
|
09-30-2019, 06:57 AM
|
#32
|
Recycles dryer sheets
Join Date: Jan 2013
Location: Dayton
Posts: 97
|
It always interests me when folks talk about giving notice. The company wouldn't care about giving notice to displaced workers if it was best for the company. And if you got hit by a bus, the company would keep chugging along. People find it hard to believe they just aren't that irreplaceable.
|
|
|
09-30-2019, 08:10 AM
|
#33
|
Thinks s/he gets paid by the post
Join Date: May 2016
Location: Mid-Atlantic
Posts: 2,654
|
Quote:
Originally Posted by Caskem
It always interests me when folks talk about giving notice. The company wouldn't care about giving notice to displaced workers if it was best for the company. And if you got hit by a bus, the company would keep chugging along. People find it hard to believe they just aren't that irreplaceable.
|
Very true, but if your company would give you the courtesy of giving you notice, it's appropriate to try to do the same for them. My employer has kept people on overhead and let them job search from the office, and often finds positions on other projects for people whose positions have been lost, so I would try to give as much notice as I thought they needed. But if I worked for an employer who fired anyone who gives notice and had security escort them out posthaste, I wouldn't give any notice whatsoever (mostly just to protect myself and my income, not to "get back at them" or anything).
__________________
-Looking to FIRE in the mid-2020s, which would be our mid-50s.
|
|
|
10-01-2019, 10:58 AM
|
#34
|
Thinks s/he gets paid by the post
Join Date: Jun 2017
Location: Chicagoland
Posts: 1,127
|
Quote:
Originally Posted by The Cosmic Avenger
Very true, but if your company would give you the courtesy of giving you notice, it's appropriate to try to do the same for them. My employer has kept people on overhead and let them job search from the office, and often finds positions on other projects for people whose positions have been lost, so I would try to give as much notice as I thought they needed. But if I worked for an employer who fired anyone who gives notice and had security escort them out posthaste, I wouldn't give any notice whatsoever (mostly just to protect myself and my income, not to "get back at them" or anything).
|
On the other hand, my megacorp used "we're remodeling the office" as the pretext for having the entire department clear out their offices and work from home for a couple of weeks.
At the end of the two weeks, they sent e-mails to 30% of the staff notifying them that they were terminated and not come back on campus other than to drop off their laptops, cellphones, and key cards at the corporate security office.
|
|
|
10-01-2019, 11:12 AM
|
#35
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Dec 2008
Location: On a hill in the Pine Barrens
Posts: 9,686
|
When I returned from a 10-day vacation (unpaid), I was told by manager that my contract was unexpectedly unfunded, and I would have to wait for a call before coming back in. I lost about 2 weeks of part-time pay. Later found out that the contract was retroactive to the day, so I could have been allowed to work, but for mini-corp ignorance.
How much notice will I give in Jan 2020?
My advice to other stangers is think very hard about the notice you give. Things may not be as positive as you think.
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|