As a literal person who wrote this book about how to negotiate the dismissal plan, I like to dismiss the case to study! The second rule of fire (retirement of financial independence) is simple: never resign-always try to negotiate and dismiss the fee. If you are going to leave anyway, why not try to create a win -win situation and take a financial mat?
My wife and I successfully negotiated the dismissal fees in 2012 and 2015, which enabled us to retire early, write and raise a family. Since then we have not returned to work.
Now, in a major development, the Trump administration is providing dismissal fees to all federal employees, and these federal employees are voluntarily left before February 6, 2025. Target? Quickly reduce the US government and reduce costs.
The memorandum of the Personnel Management Office of the Government Human Resources Institution also pointed out that all federal employees will soon abide by “the standard for improving appropriateness and behavior” and suggest further narrowing the scale.
When I heard the offer for the first time (the eight months of the dismissal and the benefit), my immediately responded very simple: accept! Take free money and change your life! However, let us be more scientific in decision -making.
How to determine whether to take the dismissal fee
If your employer voluntarily provides you with dismissal fees and you have been considering withdrawal, then this is a chance of a thousand years. You should strongly consider accepting offer offers, but you also have to try more negotiations, because discussions on layoffs already exist.
For those who are uncertain, this is a simple way to evaluate whether it is meaningful to be dismissed.
Basic dismissal
Discriminate software packs usually range from Work one to three weeks per yearEssence Determine whether the offer is favorable:
- Calculate your dismissal expenses based on the number of years you work.
- Compare it with actual quotation.
- If the dismissal software package exceeds the term you usually receive, accept it is a strong signal.
Apply this to the federal government offer
The latest federal government dismissal provides eight months of salary, about 33 weeks. Based on the typical dismissal fee, the software package is equivalent to people with 11 to 33 years of experience. Let’s take the middle point as the unit-22 years-Alvited as the benchmark.
- If you work less than 22 years, then this transaction is better than the standard, you should accept it.
- The less you have worked in the years, the better the transaction.
According to the data of the Pew Research Center, the term of office of the Federal Government’s ordinary employees is 11.8 yearsEssence This means that most federal employees should use dismissal fees because their expenses are much higher than their usually have the right to expending.
Similarly, the dismissal fee is free money, because there is no need to do any job.
Before accepting the dismissal plan
If you love your work or work in the federal government for more than 22 years, you may hesitate to accept the eight -month dismissal fees. In addition, if you are not sure to find another comparative payment work before the dismissal cost, then refusal to quotation seems to be a safer choice. In this case, it is reasonable to maintain the original state, and I hope that future layoffs will not affect you.
In other words, according to my experience, the first round of layoffs usually provide the best dismissal fees. With the progress of layoffs in multiple rounds, the focus of employers’ focus has changed from a rapidly reduced number of people to labor numbers, which usually leads to less generous offer. After all, most cost savings have been completed.
Refusing to dismiss fees means more jobs
If you think the dismissal fee is not good enough, please work harder to work hard for your money.
- Increase the workload -Accake with thousands of colleagues, those who stay will have to be lazy.
- Cultural transformation -Guestion Efficacy is now led by Elon Musk, and has changed from a security and comfortable work to a ruthless competitive environment.
This is the excerpt from email to more than 2 million federal employees.
Federal labor after the reform will be built in four pillars:
1) Back to the office: Since COVID is required to return to its physical office every Friday, most federal employees have been working remotely. Looking forward to the future, we also hope that our physical office can make meaningful consolidation and peeling, and may lead to the relocation of the physics office of many federal workers.
2) Performance culture: Federal labor should be composed of the best labor for the United States. We will adhere to the excellent performance of all levels-our performance standards will be updated to reward and promote those who transcend expectations and solve in a fair and open way, those who do not meet the high standards of taxpayers in the country that do not meet the rights of the country have the right to request for the country. Essence
3) More streamlined and flexible labor: Although the labor scale of some military agencies and even branches may increase, most federal institutions may reduce the scale through reorganization, reorganization and effectively reduction. These actions may include vacation and reorganization to re -classify the status of a large number of federal employees.
4) Enhance behavior standards: Federal labor should be composed of reliable, loyal, loyal, and trustworthy employees, and work hard for excellent daily work. As we advance, employees will be improved and standardized. Employees engaged in illegal acts or other improper behaviors will give priority to proper investigation and discipline, including termination.
The remuneration from working at home is really amazing-now disappeared now
One of the best lives and money hackers is to work for a company, which can invest in companies in the office every Friday in the investment for investments. This idea is to enjoy life while investing in people who enjoy life, because they are trying to raise the profit of the company.
Work at home with an excellent lifestyle-without commuting, more flexible, and being able to spend time with family members. During the popularity period, I witnessed how great it was. Tendice and Kimchi Stadium were crowded on their working days, and remote workers enjoyed the freedom of new discovery.
Life is so beautiful, so I think that I am thinking of a full -time job just to get fun! But to ensure that characters are ensured in Google, Meta or similar companies. In the end, they reversed the course, carried out large -scale layoffs, and forced employees to return to the office every Wednesday.
Now, for federal employees, this change is even more intense-from full-time long-range work to every Friday in the office. The quality of life will be important. If you have worked in the federal government for less than 11 years, I will strongly consider using the dismissal fee.
Evaluate your ability before leaving work
The more confident you are, the more you should tend to take deductible fees. If your skills are highly transferred, or you already have a work offer, it makes sense for dismissal fees. Nothing is better than the dismissal plan that landed immediately. This is the final double dipping sauce. I discuss it How to design layoffsEssence
On the other hand, if you know that your pay is more than your value, you may be smarter. Continue to collect salary while quietly looking for another job. If you are not performing well, then the government efficiency department (DOGE) may eventually make you do nothing. Therefore, immediately began to take action to protect yourself.
Consider the impact on pensions
In addition, please consider how to affect your pension in the future. Your pension may be more worthy than what you realize. If you are close to the edge of pension or pension salary, it may be worth staying and grinding it.
In many cases, only a few years of services can lead to a significant salary of life. Therefore, before accepting the dismissal fees, please run the number and weigh the long -term financial impact of walking away.
The daily work with welfare is amazing
After 16 years of financial warrior and another 16 -year traditional work, I have a clear view of the way they have achieved success. Both need to work hard, but the spirit of entrepreneurs is ruthless-if you want to survive and grow, there is no holiday.
In retrospect, the salaries of healthcare and pensions are stable, especially when you have a family. One day’s work is like UGG in the warm nest, with thick furry blankets and a cup of hot chocolate. At the same time, entrepreneurs often feel like a fight for survival.
As an entrepreneur, you actually need to earn a salary of 30 % -60 % to match the stable salary. Unless you fund it yourself, there is no pension. Most importantly, you are trying to increase the FICA tax.
As shown below, the self -employed economic burden is much higher than most people realize.
Therefore, if you have no unremitting efforts, or if you are uncomfortable with uncertainty, then the decision to choose the deduction fee will become more tricky. Once you leave work, especially with age, it is difficult to find similar salary characters again.
A better action may be simply working hard and establishing a better relationship. If you are eventually fired, I hope the government will provide you with a dedication fee. But there is no guarantee.
I will get money to the beach
It is time to provide a deduction fee for millions of federal government employees, it is time to correct the number and make an honest assessment of your ability.
Personally, as long as I keep my life pension, I will accept the dedication fee and explore some new things. If I am qualified to get a pension, it means that I have worked for the federal government for at least five years. I found that the work of ten years later became boring.
I will spend the whole summer with the children during this time and go to the exciting new place. At the same time, I will apply for unemployment benefits and look for other tasks to provide remote work. In addition, I will work around me to reduce dependence on daily work.
These voluntary dismissal software packets do not often appear, so I will accept it! If you first try to ensure the work of the federal government, then you should have confidence in your ability to land another job. Good luck!
Readers’ questions and suggestions
Readers, will you accept the eight -month dismissal fees? Do you think you can get similar jobs within eight months? Why do you think that if more people no longer like their jobs, then more people do not accept such free financial gifts?
If you want to learn how to negotiate and get rid of the job you don’t like, please pick up a copy How to design layoffsEssence Now, in the past 6th edition, this book has improved new strategies and insights in the past 13 years. Your power is more than you think, especially after reading my book. Use the code “saveten” on the AT Check Save $ 10!
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