#earlyretirement

Posts mentioning hashtag #earlyretirement

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ERP

Anyone qualify for ERP but did not get the opportunity because your role is too “critical”? Want to talk as backfills are taking place for those that were offered ERP and accepted because THEIR roles are deemed critical.


HC10 Why not let people retire early?

If XOM is looking to reduce HC10 headcount, why doesn't it create provide an option to let HC10 staff over a certain age (say 50 or even 48) take early retirement.

Reading all the commentary on this forum, a lot of folks may take the option? Has anyone run economics scenarios for this? At the minimum, will improve morale ...


take the package (if you can)

drivers who are eligible should retire now if they can and take the package...

it looks like they are offering full pension benefits and current health benefits, though each person will need to pay about 200. the only question is whether ups will cover accrued vacation time if drivers accept the buyout. older drivers will see route changes as package volume declines. younger drivers with less seniority will face layoffs or be forced to work two hub shifts.

low-seniority hub employees will likely be laid off. i feel bad for operations supervisors, especially the older ones, because they will be overworked and mistreated. ups seems to be pushing them toward retirement or waiting them out until they pass.


leaders ERP-ing

ERP was used exactly as suspected and posted here before. Leaders who "they" want gone were forced to take ERP. ERP is acceptable for the minions to digest whereas terminating leaders can cause chaos. Post leaders you are aware of who took ERP!