The takeaway from all of these comments: how much notice to give is definitely an individual circumstance. Regardless, though, one should not give long notice without being prepared to be escorted out sooner than that long date.
early notice of retirement
- Thread starter medved
- Start date
I think that's a good summary. Even if you don't anticipate being asked or told to leave sooner it is better to be prepared.
Dtail
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
I guess I don't really understand these 1 year+ notices of leaving. In the end, just about everyone is replaceable and usually easier than you think. So if it is not the overly positive feeling of being important to a company, it can just be another variation of OMY.
I will give you just one example. There was a manager in Salomon Brothers back in the 80's. He was a great talent but totally obnoxious and also use to run multiple meetings at once. He worked 16 hour days when others were not. They finally said enough, but effectively had to replace him with multiple people.
I will give you just one example. There was a manager in Salomon Brothers back in the 80's. He was a great talent but totally obnoxious and also use to run multiple meetings at once. He worked 16 hour days when others were not. They finally said enough, but effectively had to replace him with multiple people.
38Chevy454
Thinks s/he gets paid by the post
Glad it's working out for you. I gave approx 6 months notice. By putting only this "Plan to retire sometime in summer this year" on my beginning year performance goals. You megacorp folks know the routine. Turned that into boss. He understood, but I ended up having to put the corp flowdown BS items, even though I would never be evaluated on it, just to keep HR happy.
treeofpain
Recycles dryer sheets
I will probably give 5-6 months notice. I may be willing to do 1 day/week for a couple of months after that if needed. I think that is more than fair.
brett
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
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It is all a function of your work environment. In my case providing months of early retirement notice would have cost me.....
-just under two year's salary and DB service credit as a negotiated RIF settlement. And more than likely a performance bonus. I anticipated a RIF.
-a reduction in early DB penalty of 3 percent vs 5 percent based on seniority which included the RIF serverance month credit
Don't let the excitement about your upcoming retirement or some sort of misguided sense of loyalty to your employer cloud your judgement.
Consider the other side of the coin. How much RIF notice would your employer provide to you
Are there possible negative financial ramifications to you of providing an elongated retirement notice period??
I kept quiet. Walked away and never looked back. Thirteen years ago.
-just under two year's salary and DB service credit as a negotiated RIF settlement. And more than likely a performance bonus. I anticipated a RIF.
-a reduction in early DB penalty of 3 percent vs 5 percent based on seniority which included the RIF serverance month credit
Don't let the excitement about your upcoming retirement or some sort of misguided sense of loyalty to your employer cloud your judgement.
Consider the other side of the coin. How much RIF notice would your employer provide to you
Are there possible negative financial ramifications to you of providing an elongated retirement notice period??I kept quiet. Walked away and never looked back. Thirteen years ago.
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anothercog
Recycles dryer sheets
I'll likely give 3-6 months when that time comes. I need to give at least 3 if I want a shot of keeping my unvested stock, though that is more automatic if I can hang on until age 60.
I'm hoping they offer me a voluntary separation package sometime around 57 or 58 (i'm 54 now). Again, I imagine it would be 3-6 months after I accept the package. That seems to be the norm in my department.
I'm hoping they offer me a voluntary separation package sometime around 57 or 58 (i'm 54 now). Again, I imagine it would be 3-6 months after I accept the package. That seems to be the norm in my department.
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