There are people regretting not taking the offer.
People didn’t do basic math on what happens to their Lump Sum as they grow older and as interest rates rise.
One guy realized that he would be working for free as his Lump Sum decreases more than his salary next year.
For the love of Pete, if you are close to retirement - do the math.
A bird in the hand is always better than a promise, lock in that lump sum.
6 replies (most recent on top)
where is 15% coming from?
Sad ho win 2017 they offered Marketing and Purchasing 18months if you had 20+ years. PD & ME were not eligible because we were deemed to important. Fast forward 6 months. So you give the marketing folks 18 months hmm other than F-Series what have they done to deserve that? We had to leave the sedan market to Toyota who some how manages to make money on sedans. Key word "MANAGES". So again 18months vs. 6 Months! Why put extra effort if that is what they think of PD.
less than 15% It wasn't a good offer
Took prior offer. I wanted to leave Ford while I was still proud to work there.
It is hard to decide if the valuable elements of the Ford legacy, personal relationships, and sense of patriotism working for the company that essentially put the world on wheels was still enough reason to be there since it also came with Ford's 'new found' political wokeness, participation award promotions, and generally bad leadership.
5 out of 5 in my group. Nobody wanted to stay any longer.