In this morning’s news Ford has announced they will offer buyouts and early retirement packages to 54,000 workers. Obviously they are attempting to cut more jobs and replace those highly paid workers with those making about half the pay.
So the question is: Are there any losers in this deal or can everybody win? One of the stories I tell in No More Mondays is about a gentleman who said he hated his job for 17 years, and then was offered a $140,000 buyout. And he was having a major struggle in making his decision. My response was essentially – YOU’VE GOT TO BE KIDDING!” How often do you get the opportunity to be paid $140,000 to leave a job you hate? Take the money and run. Surely you can figure out something to go TO with that kind of start-up capital.
There are too many options for fulfilling, meaningful and profitable work all around us to settle for anything less. If you “fired yourself” today, would you choose to apply for the same job you have now? How much of a buyout would it take for you to walk away from your current job?
January 25, 2008 at 2:48 am
$140K to say goodbye. I’d take it in a heartbeat.
January 25, 2008 at 3:55 am
The first thing I would do with that $140k is to get myself a copy of no more mondays. I love what I do although I would go in a different direction using the skills I already have. I would take a year’s salary to walk away… although that is highly unlikely to happen at my present job.
January 28, 2008 at 3:34 pm
Wow! What an opportunity — 54,000 former auto workers with cash in hand and questions about what to do next! Can I buy ad space in your next book?
September 10, 2009 at 9:55 pm
Hi! I was surfing and found your blog post… nice! I love your blog. 🙂 Cheers! Sandra. R.
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