I keep putting off leaving despite having a few options to choose from because I'm convinced we're so close to a major round of layoffs and I know I'd feel like a fool if I walked away and left severance behind. Is the wait worth it? I have to admit, I'm a bit surprised it hasn't happened yet.
10 replies (most recent on top)
Leave the second you get the chance. Unless you're close to retirement.
The stress and bs is not worth the severance.
Take the job.
It may not be there in 6 months.
I just had the epiphany (my peace of mind is worth more than the severance) of NO it is not worth waiting for. The meeting's have changed to how things are improving and while the path forward may be rocky and take hard work, we're coming back. Unfortunately from my perspective we are still in a state of decline and no one has addressed the real reasons. Sooner rather than later the ship will have taken too much water...
@wcc
How about the next Honeywell taking? It'll be soon given my experience with this company.
How close is close to retirement?
Even if you get the full 6 months, that time will rocket by. Unless you are close to retirement it ain't worth it. Plus I can tell you for fact that there are very few companies worse than Honeywell no matter what people say, some of us even find jobs that we enjoy going to every day :)
daft to stay in the hope of a severance if you have genuine options on the table -
just take the new job and move on.
much better that than the poor souls on here that just grumble on rather than get out.
only exception really is if you're close to retirement in which case it's feet up and ignore the futureshaping bs
Atrophied skills and age bias often lead to a difficult job search. It is better to use the time wisely to get started and leave on your own terms. I have known many who thought their severance was a gold mine, but time flew by and it was quickly exhausted and they were still jobless. In a lot of cases they never did find anything like the job they left, they either took something menial to get by or relied on a spouse's income
At least in the USA you can go in the HR tool and search “severance”. It’s based on years of service. Minimum 4 weeks of severance or one week for every year of service up to maximum of 26 weeks. Most other countries offer better than that
Unless one is very close to retirement, I really don’t understand why folks keep hoping and waiting for severance. Being laid off is not a good situation for most people and can carry a negative connotation. If you don’t like working here, then by all means find another job ASAP. You’ll be much better off in the long run…