Early Retirement" - Often a company will offer a bribe of some sort
to get rid of deadwood or problem employees before they are normally
scheduled for retirement. They find it worth the extra expense to
jettison those who are holding the rest of the company back, or who
create friction among the general staff.

Agreed....Never saw an early retirement deal that was anything more
than "Get lost, we don't need you, here's some cash."
Pretty sad. Let's hope Loco hated his job.

RB
Beneteau First 35s5
NY

In article . com,
Capt. Rob wrote:
Early Retirement" - Often a company will offer a bribe of some sort
to get rid of deadwood or problem employees before they are normally
scheduled for retirement. They find it worth the extra expense to
jettison those who are holding the rest of the company back, or who
create friction among the general staff.

Agreed....Never saw an early retirement deal that was anything more
than "Get lost, we don't need you, here's some cash."
Pretty sad. Let's hope Loco hated his job.

Nah. I have a friend who worked for a large company for 20+ years. He
was recently offered early retirement. That included full benefits for
a year, over a year of his salary, access to the company gym, and was
immediately hired as a consultant, so that he could finish the project
he was on.


--
"j" ganz @@
www.sailnow.com

Agreed....Never saw an early retirement deal that was anything more
than "Get lost, we don't need you, here's some cash."

Boob, that's because you only worked for crap companies.
My deal was a years severance plus $50K in cash. 5 years added to my
age on paper for time served, 5 years added to my fully company funded
pension which increased the amount in the plan as if I would have
stayed that much longer. This is in addition to my 401K. Health care
until I'm 65. Able to purchase product at cost until I croak. The
deal was offered to anyone over 50. Out of 900 people who were offered
the deal 92% took it. So you see it was a little better than "here's
some cash get lost"

On 27 Oct 2005 11:44:27 -0700, "Capt. Rob" wrote:

Early Retirement" - Often a company will offer a bribe of some sort
to get rid of deadwood or problem employees before they are normally
scheduled for retirement. They find it worth the extra expense to
jettison those who are holding the rest of the company back, or who
create friction among the general staff.

Agreed....Never saw an early retirement deal that was anything more
than "Get lost, we don't need you, here's some cash."
Pretty sad. Let's hope Loco hated his job.

RB
Beneteau First 35s5
NY


Well that is just so much horse crap. I've done several early
retirement deals. They are an alternative to a general reduction in
force when a company hits a down cycle which all do at times.

They are a dangerous alternative in that you cannot discriminate. You
have to offer the deal to all employees in the class. You risk losing
good esperienced high producing employees with the so called deadwood.

Frank

You risk losing
good esperienced high producing employees with the so called deadwood.



Frank, I find your automatic assumption that Loco was deadwood
questionable. In spite of his behavior here and choice of boats, we
can't be certain of much.

Robert B
35s5
NY

Well that is just so much horse crap. I've done several early
retirement deals. They are an alternative to a general reduction in
force when a company hits a down cycle which all do at times.

Frank, you must understand that the Boob knows nothing about boats,
cars, women OR THE BUSINESS WORLD. The guy works freelance out of his
home whenever he can get a dirty boat yard job that the yard doesn't
want to do. He said it himself. He trades his labor for a boat slip.
His wife puts food on the table.

Frank, you must understand that the Boob knows nothing about boats,
cars, women OR THE BUSINESS WORLD.


Wow, how is that I own more property than you and a nicer boat and
cars...and I'm only 42??? I've only been married for 3 years and my
wife just started working 7 weeks ago. Uh oh! Poor Loco!

RB

Wow, how is that I own more property than you and a nicer boat and
cars...and I'm only 42??? .

How is that? How do you know? My frickin house down the ocean is
worth more than your all your HUD properties. You own cars that
teenagers buy. My train collection is worth more than your boat! Keep
shootin your mouth off. You keep lookin silly.

You own cars that
teenagers buy. My train collection is worth more than your boat! Keep

shootin your mouth off.


Teenagers by a WRX STI? Do they also buy Subaru Tribeca's with video
systems? I own original 40's and 50's movie poster art worth more than
your trains three times over. My cars have more luxury and more
speed...just like my boat. You could be a trillionaire and wouldn't
change the simple fact that I live better and own better.
What 4 star restaurant did you dine at this week? And I'm 42!!! How old
are you with your sad car and boat?

Yeah, I feel silly! Bwahahahahahaha!

RB

On 28 Oct 2005 09:39:54 -0700, "rgnmstr" wrote:

Well that is just so much horse crap. I've done several early
retirement deals. They are an alternative to a general reduction in
force when a company hits a down cycle which all do at times.

Frank, you must understand that the Boob knows nothing about boats,
cars, women OR THE BUSINESS WORLD. The guy works freelance out of his
home whenever he can get a dirty boat yard job that the yard doesn't
want to do. He said it himself. He trades his labor for a boat slip.
His wife puts food on the table.


You're right. I don't know what got into me posting to that thread.
I normally show much greater restraint and do not respond to Boob's
fantasy boat claims or his spewing of insults. I had a couple of
Bombay Saphire and tonics, but that is no excuse.

I'm not sure he is a real person. Are you sure?