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The economy finally caught up with my job. :(

October 29th, 2011 at 11:50 am

The site I work at was recently shut down. Frown Oh well - we served each other well for over 30 years! A very nice run. A great job in a great location.

So I have to decide soon whether to take a severance package or stay with my company at another location. Although the severance package is over a year's pay, I hope to stay with the company at the closest location, 95 miles from my house. I really don't want to move.

So now I am looking at a 2 hour commute, or the added expenses of an apartment to crash in on weeknights.

Just typing this makes me wonder why I don't just move to one of the other 10 or so locations throughout the country, or take the package and then do that with other companies. But the company's pay and benefits are very good, and with over 30 years of time with them, I get a lot of vacation and good pay.

Anyway, I need to blog here more than a handful of times per year!

11 Responses to “The economy finally caught up with my job. :(”

  1. patientsaver Says:

    Tough call. Coming from someone who's been out of work a very long time, I say, stay with the company and find a place you can rent month to month, no lease, to make sure you can deal with the commute.

  2. creditcardfree Says:

    I agree. Tough call. I wish you well in making that decision.

  3. Frügal Says:

    If the other locations are in some places you would really enjoy or have thought about visiting, go for it. Wink Uprooting is definitely hard. My wife and I, however, cannot wait to uproot from our current location in favour of Portland.

  4. frugaltexan75 Says:

    Sorry to hear this.

  5. rob62521 Says:

    Sorry about the job loss...hope you can find a decision you can live with.

  6. Looking Forward Says:

    That's rough. Best of luck.

  7. Jerry Says:

    I can see how it would be hard to give up 30 years of seniority, plus the pay and insurance benefits, to start again elsewhere. Is moving completely out of the question, if there are other nice locations that would fit the bill? I hope that whatever you decide leads to a good solution for you. Good luck!
    Jerry

  8. Ralph Says:

    Thanks, all. I have to decide very soon. I had pretty much made up my mind to take the 95 mile away job, but I am having second thoughts about giving up all that severance money. This is a very difficult decisi0on for me!

  9. PatientSaver Says:

    Hmmm. I guess I would next ask 2 key questions: 1. What part of the country do you live in and what's the job situation like for your field and 2. How much severance are we talking?

    I truly understand your reluctance to go with the long commute, but before you make a decision to turn that down, try to talk to unemployed people you know IN YOUR FIELD and see how hard a time they may be having. I sometimes think that people who still have jobs have a somewhat distorted perception of how easily they may be able to find work if they lose their job. I don't know what you do, so maybe that's not the case and you could find a job easily, but talking to someone currently in that position would give you a very good sense for what the environment is like.

  10. Ralph Says:

    To update y'all, I took the 95 mile away job and I start sharing a ride with one other person Monday! This oughtta be interesting! I'll report back shortly.

  11. patientsaver Says:

    Great idea on the ride share. I did that one summer with my neighbor who lives behind me and i got to really know him in a way that would have been unlikely under any other conditions.

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