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Well, being in aviation I think it just kind of comes with the territory. The company I work for has rolled out a voluntary separation offer to all employees in hopes that enough people take it so they can avoid having to actually lay people off. They are being tight lipped about the amount of people they need gone as well. The offer is...
4 weeks of pay + 2 weeks for every year of service.
4 weeks of cobra ins. premiums + 2 weeks for every year worked.
Christmas bonus + 401k profit sharing for this year's results.
Still eligible for rehire.
Separation Date = December 31.
I'm really torn on what I should do. Take the offer or wait it out and possibly be cut with nothing sometime early next year. I have been there 7 years almost to the day. The place is not union and we have been informed that if cuts have to be made it will be based on attitude, performance, and other variables like that. Basically someone's opinion of you. I am not scared about that at all. I feel like I do my job well. I have however switched over to the quality control side within the last year. I still do mechanical work but that's not my primary function any longer. I only mention this because I would not consider any of my coworkers in my new dept to be below me as far as performance. If anything we are all about the same except they have more experience with a few things I am still learning. Basically I am the low man on the pole even though my overall knowledge base is higher than most of theirs because I have worked on both sides and none of them have.
4 weeks of pay + 2 weeks for every year of service.
4 weeks of cobra ins. premiums + 2 weeks for every year worked.
Christmas bonus + 401k profit sharing for this year's results.
Still eligible for rehire.
Separation Date = December 31.
I'm really torn on what I should do. Take the offer or wait it out and possibly be cut with nothing sometime early next year. I have been there 7 years almost to the day. The place is not union and we have been informed that if cuts have to be made it will be based on attitude, performance, and other variables like that. Basically someone's opinion of you. I am not scared about that at all. I feel like I do my job well. I have however switched over to the quality control side within the last year. I still do mechanical work but that's not my primary function any longer. I only mention this because I would not consider any of my coworkers in my new dept to be below me as far as performance. If anything we are all about the same except they have more experience with a few things I am still learning. Basically I am the low man on the pole even though my overall knowledge base is higher than most of theirs because I have worked on both sides and none of them have.
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