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      11-14-2024, 01:25 PM   #23
vreihen16
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Originally Posted by rebekahb View Post
It's weird looking for a job after 12 years.
Try after 38.5 years with the same employer, after being tendered a buy-out offer that I was told I shouldn't refuse. Seriously, my last resume is on 8-inch floppy and was printed on thermal dot-matrix paper.....
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      11-14-2024, 07:28 PM   #24
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It is. I started looking 5 years ago after 15 years with the same company, spent 2 years being pretty selective what I applied for etc and TBH I found the whole thing a massive shit show. In the end i changed roles within the same company so I am still with them but if i was say let go (I'd get about 18 months severance) I would not relax and take a breather because it may well take 18 months to find something.
When I finally made the decision to start looking I was excited but that lasted about 10 minutes. I realized real quick so much had changed. 18 years is a long time but at least you were able to move within the company.

Our company is small in terms of where I can grow. Almost no options. There are some things going on behind the scenes that I'm just not comfortable with as well. I also found myself getting excited at possibilities of something else. I could actually roll this on the side too if I needed to. I have complete autonomy and so much can be done now from phone or computer.
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      11-14-2024, 07:29 PM   #25
rebekahb
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Originally Posted by vreihen16 View Post
Try after 38.5 years with the same employer, after being tendered a buy-out offer that I was told I shouldn't refuse. Seriously, my last resume is on 8-inch floppy and was printed on thermal dot-matrix paper.....
I can't even imagine. That last part made me laugh. I remember those days. It is very rare to find tenure like that these days.
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      11-15-2024, 08:56 AM   #26
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Originally Posted by rebekahb View Post
When I finally made the decision to start looking I was excited but that lasted about 10 minutes. I realized real quick so much had changed. 18 years is a long time but at least you were able to move within the company.

Our company is small in terms of where I can grow. Almost no options. There are some things going on behind the scenes that I'm just not comfortable with as well. I also found myself getting excited at possibilities of something else. I could actually roll this on the side too if I needed to. I have complete autonomy and so much can be done now from phone or computer.
Changing employers is a big decision. I was unhappy, we bought a company and I was overseeing all of ops but after 13 years I had to report to someone who was not an owner and we go about things very differently so we clashed. He is a real boy scout, I am a "get it done" type and I couldn't live with the lack of accountability that filtered down to my people.

So I start poking around and it was difficult, not just the job hunt but let's say I am offered a new position for $30K more per year, sounds good yeah? But let's be pragmatic about it;
  • 30K is 15K after taxes here (marginal rate is about 50%)
    Add commute cost of about $500 month (I WFH right now but also live 2 mins from the office) so that's another $6K
    I prep food in the house so less time for that so likely spend more on prepared food etc
    I'd lose about a full day a week commuting to downtown

SO add that all up and my 30K vanishes quite quickly and I also lose my tenure and severance security of about 18 months pay.

It's not as simple as it first seems.
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