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jerseypanda
Life is good.
Member since 1/07 9164 total posts
Name:
Amanda
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Decisions...
SO my company announced that they will be doing "workforce reductions" which in english means layoffs.
They are going to be offering voluntary separation packages for people who are willing to leave.
With my tenure at the company, I would get paid for 5 months. DS is 4 and a half months and I just went back to work about a month and a half ago.
Am I crazy that I am considering this? I would absolutely love to get to spend 5 more months at home with DS. I've also been thinking of looking for another position in my company that gave me more stable hours, so if I left I could try to find something that better suited having DS.
I guess I am scared of the unknown. Could I find another job in 5 months that would pay me around the same plus give me more stability that I am looking for.
Would you consider a separation package?
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Posted 1/18/08 2:59 PM  |
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FelAndJon
needs to update her avatar pic
Member since 6/05 10212 total posts
Name:
Felice (aka LuckyBride2004)
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Re: Decisions...
What about benefits? Would you keep all your benfets as well?
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| Posted 1/18/08 3:01 PM |
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jerseypanda
Life is good.
Member since 1/07 9164 total posts
Name:
Amanda
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Re: Decisions...
Posted by FelAndJon
What about benefits? Would you keep all your benfets as well?
I would keep all my benefits for the 5 months, then my DH works for the same company and he could just switch everything over to his name.
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| Posted 1/18/08 3:02 PM |
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Selden78
I lvoe the fall :)
Member since 6/06 3543 total posts
Name:
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Re: Decisions...
Posted by jerseypanda
Posted by FelAndJon
What about benefits? Would you keep all your benfets as well?
I would keep all my benefits for the 5 months, then my DH works for the same company and he could just switch everything over to his name.
I say go for it
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| Posted 1/18/08 3:04 PM |
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Domino
Always My Miracle
Member since 9/05 9924 total posts
Name:
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Re: Decisions...
A five month "vacation"? I'd take it.
ETS: and I would probably get a P/T job and bank it
Message edited 1/18/2008 3:14:36 PM.
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| Posted 1/18/08 3:13 PM |
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Ambersmom
Straight up nasty
Member since 5/05 7740 total posts
Name:
Sharon
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Re: Decisions...
I only dream of getting offered a package
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| Posted 1/18/08 3:17 PM |
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nov04libride
big brother <3
Member since 5/05 14672 total posts
Name:
Me
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Re: Decisions...
Posted by Selden78
Posted by jerseypanda
Posted by FelAndJon
What about benefits? Would you keep all your benfets as well?
I would keep all my benefits for the 5 months, then my DH works for the same company and he could just switch everything over to his name.
I say go for it
What if your DH gets laid off since he is at the same company? I would wait and see what happens to him...Worst case you take it, then DH gets laid off.
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| Posted 1/18/08 3:18 PM |
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Preguntas
it's pretty precious
Member since 1/07 3839 total posts
Name:
Lauren
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Re: Decisions...
Just watch out on the actual $#. I got a severance from an old job for 3 months- but it came in one lump check, and I was taxed insanely. It no where near equalled what I would have brought home in 3 months of pay checks.
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| Posted 1/18/08 3:19 PM |
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jerseypanda
Life is good.
Member since 1/07 9164 total posts
Name:
Amanda
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Re: Decisions...
Posted by nov04libride
Posted by Selden78
Posted by jerseypanda
Posted by FelAndJon
What about benefits? Would you keep all your benfets as well?
I would keep all my benefits for the 5 months, then my DH works for the same company and he could just switch everything over to his name.
I say go for it
What if your DH gets laid off since he is at the same company? I would wait and see what happens to him...Worst case you take it, then DH gets laid off.
Good question. If he gets laid off due to the reduction in force, he would also get a package. And he has been there longer than I have... he would probably get paid for 28 weeks... close to 7 months. Then we could both look for new jobs! 
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| Posted 1/18/08 3:20 PM |
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jerseypanda
Life is good.
Member since 1/07 9164 total posts
Name:
Amanda
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Re: Decisions...
Posted by Preguntas
Just watch out on the actual $#. I got a severance from an old job for 3 months- but it came in one lump check, and I was taxed insanely. It no where near equalled what I would have brought home in 3 months of pay checks.
Thanks for the heads up... I will ask about that!
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| Posted 1/18/08 3:21 PM |
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Preguntas
it's pretty precious
Member since 1/07 3839 total posts
Name:
Lauren
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Re: Decisions...
Posted by jerseypanda
Good question. If he gets laid off due to the reduction in force, he would also get a package. And he has been there longer than I have... he would probably get paid for 28 weeks... close to 7 months. Then we could both look for new jobs!
So the package is offered to those who opt out and those who get canned? Difference is, you are waiving your right to collect unemployment is you opt for the package. If they lay you off, you get the package plus unemployment. That's something to think about if you think you may be on the chopping block.
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| Posted 1/18/08 3:25 PM |
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PegaLega
Lets Get This!!!!!
Member since 1/07 1110 total posts
Name:
Peggie
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Re: Decisions...
Posted by jerseypanda
Posted by Preguntas
Just watch out on the actual $#. I got a severance from an old job for 3 months- but it came in one lump check, and I was taxed insanely. It no where near equalled what I would have brought home in 3 months of pay checks.
Thanks for the heads up... I will ask about that!
I would ask about this and see how DH feels also since there is a chance he would get offered the same thing.
Good Luck with whatever you do, I dont know what I would do
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| Posted 1/18/08 3:31 PM |
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