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  1. #1
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    Jumping ship: when is the right time?

    Most importantly, should you jump as the boat is taking water and risk the possibility of being sucked into the hull? Or climb to the highermost point and try to swim away as the vessel goes under, maybe being sucked under in the process.


    But really what this is about... when is the right time to leave a company you feel is letting you down in regards to pay, treatment, conditions, etc. There are certain aspects about this employer that I like (see benefits). But over the last year I feel they have completely failed one of their core principles, which is supposedly caring about their employees. This may all just be my opinion, but since they canít seem to hang onto a particular demographic of employee Iíd say Iím not wrong in my observation.


    People who have worked for larger corporations feel free to chime in here, because that will be most relevant. But Iíd also love to hear your actual sinking ship survival stories as well.

  2. #2
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    If you can get a new job with more money ,similar bennies and life style you better jump. Whatever is bothering you at this point will only get worse the longer you endure it. If you're over 45 they probably want you to go...... Don't let them match your new offer, if you choose to stay make sure it's a sizable bump in pay since you won't be getting another for awhile.

  3. #3
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    A lot depends on severance package, equity stake, and tenure. If none of the above matter you move on asap. Other factors might be you don't want another job, retirement..

    With my severance package no way I was quitting. I got lucky

  4. #4
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    Wake up one morning and and see on news that my company is getting bought by another company. Lets call acquiring company Exxon. Boss calls that afternoon. Says, "Hey you wanna move to Dallas w/ me?" "Fuck no." "You sure?" "Yes, I won't go." "Ok, I'll put in the lowest performance on your next performance rating so they don't bug you. Enjoy your severance package, and mandatory holiday period."
    "timberridge is terminally vapid" -- a fortune cookie in Yueyang

  5. #5
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    When should you jump ship is (obviously) not something someone can actually answer for you. However, I would suggest not jumping ship until you have accepted another position.
    "fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
    "She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin

  6. #6
    Join Date
    Aug 2006
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    For me it is integrity. They welch on anything promised and I'm hitting the road.

    I typically would say wait until you have another offer in hand, but right now pretty much everyone else will take you if you are competent, so I wouldn't sweat that necessarily.
    Live Free or Die

  7. #7
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    Oct 2003
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    Unless you have serious vested time in a pension, leave, if grass is greener. That's what kept me around for twenty two years, and I'm cashing in now.

    Let's do some livin'
    After, we die

  8. #8
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    Right before you throw in the towel..

  9. #9
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    I left a sinking ship when I moved west. I loved most of the people I worked with. Some like family, but it was time to move on.

    Then again, it was only a dead end retail job.

    IMHO, with the way most employers treat their employees nowadays, with the continuing growth of the gap between the rich and poor showing no signs of slowing, with the rise in cost of living without associated rise in pay, with large corporations lobbying against some kind of universal system that would actually take the burden of health care off of them, well, fuck them. If you have a better offer, take it. ESPECIALLY if the think the ship is taking on water. The only way to get sucked back under the hull is to stay on too long and try to bail when you're in water up to your neck.

    You owe them nothing.

    (Maybe large companies are against healthcare reform because they know they can trap you in your job and pay you shit because of most people's need for some kind of adequate healthcare plan. Huh, don't know why I just realized that. Can you imagine the mobility we'd have if you didn't have to be stuck in a shit job because the benefits [healthcare plan] were good. You could just keep asking for a raise every year if you were needed)

    Anyway, the best and most poignant experience I have with this is through my father (are you still reading? Yes, I've had a couple beers but this is important, especially if you're middle aged.) See, when the Japanese Recession hit in the late 90s, my dad, who worked for a Japanese commercial lender, new he was going to lose his job. They told him so. They also told him that since they're honorable people, he'd get some kind of severance package if he stuck it out to the end. He made the decision to stick it out and he wound up and unemployed 50-something, and then to top it off, 9/11 happened and shit really hit the fan economically. He never had success in the commercial lending industry again. He switched to banging nails. We had to sell our house. My parents have about $0 for retirement (for other reasons, but also that).
    The only way to get sucked back under is too stay on to long. Especially if you are over 45.
    No longer stuck.

    Quote Originally Posted by stuckathuntermtn View Post
    Just an uneducated guess.

  10. #10
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    When you don't even get a piece of your own birthday cake.

  11. #11
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    Universal health care makes it way easier to work for yourself.. healthcare costs keep the worker bees in the system...

  12. #12
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    Not sure why big companies would want to keep healthcare in house.

    Itís the 2nd biggest cost for an employer and itís expected, so itís now a cost of doing business. The plus side of eliminating the 2nd biggest expense (behind payroll) would seem to outweigh the employee retention benefits.


    Sent from my iPhone using TGR Forums

  13. #13
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    Nov 2017
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    The right time is when The Turn is about to happen and you can hasten to the Valley of Snow.

    You and I discussed this topic at BBI. You were game to give it a go. Sorry it hasn't worked out ideally but the world is your oyster, mang.

    Lotsa jobs for the winter in JH.

  14. #14
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    Quote Originally Posted by AK47bp View Post
    Not sure why big companies would want to keep healthcare in house.

    It’s the 2nd biggest cost for an employer and it’s expected, so it’s now a cost of doing business. The plus side of eliminating the 2nd biggest expense (behind payroll) would seem to outweigh the employee retention benefits.
    If that were the case, you would think that you would see large corporations lobbying in favor of universal and/or single-payer HC. But, they don't.

  15. #15
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    Quote Originally Posted by Dantheman View Post
    If that were the case, you would think that you would see large corporations lobbying in favor of universal and/or single-payer HC. But, they don't.
    Well a guess for a reason for that would be they would have to support socialism and the liberal left. Which may cut into profits more so than getting out of the healthcare business.

    Believe me, most employers donít want to be in the healthcare business.

    Iíve sat at many tables with executives going through lists of medications and procedures to cover and not cover, what to charge, how much to cover, network choices etc.

    The overall theme is ďhow did we get to a point where business people are making healthcare decisionsĒ. Itís fucking crazy and fucking expensive.


    Sent from my iPhone using TGR Forums

  16. #16
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    So, to summarize, they either choose to keep HC in-house for conspiratorial reasons or for ideological reasons that make questionable business sense. Neither is a good look.

  17. #17
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    watch out for snakes

  18. #18
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    Universal HC is great but at what cost ... a shitty foot ball league?
    Lee Lau - xxx-er is the laziest Asian canuck I know

  19. #19
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    Quote Originally Posted by XXX-er View Post
    Universal HC is great but at what cost ... a shitty foot ball league?
    English teams did great in the Champions League this year.
    Quote Originally Posted by Downbound Train View Post
    And there will come a day when our ancestors look back...........

  20. #20
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    Quote Originally Posted by Dantheman View Post
    So, to summarize, they either choose to keep HC in-house for conspiratorial reasons or for ideological reasons that make questionable business sense. Neither is a good look.
    Answer: employer HC is an externality that sprung up to get around price controls
    Click image for larger version. 

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    The opacity of the current structure is such that individuals don't appreciate how much wages are now suppressed by runaway costs of Employer-Provided HC, which gives a false sense of 'success' in using EPHC plans. And business innovation is limited materially by the higher barrier to entry that accompanies having to invest in relatively high-end plans & HR depts to manage all the benefits. And beyond that, competition within the EPHC market is largely dulled by the degrees of separation between employees and end-providers. The market feedback is distorted through so many intermediaries you just get ever-increasing costs as both HR & business leaders "don't want another headache" beyond their core businesses, leading them to pay up year after year & pass costs to employees.

  21. #21
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    Quote Originally Posted by PNWbrit View Post
    English teams did great in the Champions League this year.
    that's ^^ soccer not football
    Lee Lau - xxx-er is the laziest Asian canuck I know

  22. #22
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    Quote Originally Posted by XXX-er View Post
    that's ^^ soccer not football
    You should let UEFA... know that. They'll probably want to change out the F.
    Quote Originally Posted by Downbound Train View Post
    And there will come a day when our ancestors look back...........

  23. #23
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    Doesn't this belong in the cruise rant thread?

  24. #24
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    Quote Originally Posted by fatnslow View Post
    Don't let them match your new offer, if you choose to stay make sure it's a sizable bump in pay since you won't be getting another for awhile.


    this is key....

  25. #25
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    Quote Originally Posted by old goat View Post
    the cruise rant thread?
    Top Gun?
    Quote Originally Posted by Downbound Train View Post
    And there will come a day when our ancestors look back...........

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