Laid Off Civie Job...
After being employed for many years with my company, I was laid off on Friday at 11am...
You all will think I am nuts but I was not pissed at all about it..what will that do for you but stress you out.
I did get a package and am happy with it, plus I have several hundred hours of PTO and a possible bonus coming. The fiscal year was over at end of October.
My concern is the wording in the package I got. As a protected employee, age 50, I cannot be replaced by a younger worker for less money. In accepting the package I give up the right to argue over this. There is an offical act...Older Worker Benefit Protection Act. go figure.
Also, the first paragraph of the letter indicates that I should have an attorney review the documents before I sign it and I plan on doing that...
What is the world coming too when you have to have an attorney review everything that you sign.
Also the outplacement company did not even have the names of the employees that were laid off, they will contact us in a week.
This is my second time losing a job in this way, last time was in 2003, but at least this time, I have a back up plan. ( wink)Let the traveling really beign...
Unemployment benefits are insane, who can survive on that and it does not come close to what you make.
My plan is to relax for a bit and enjoy the holiday .. will start serious looking in January.