I reached out to friends and am hopeful to have a job lined up within next 2 weeks. If that's the case, would a RIF work out in my favor? Take the severance and push out my start date until I'm off VZ payroll?
If it is beneficial to me... Could I still volunteer between now and 11/20?
sorry forgot to add--that was I think 3-4 years ago? I cant remember, it was right before we re'orgd under Krista Bourne--- so now I've made 3-4 years my salary and if I unfortunately get it this time around-- I would most likely still have been better not taking it cause of the benefits and I have decent work life balance. Im at a higher band on the developer side---so if I did this work elsewhere the demands would be more cause I would have to learn that industry etc. so intial investment of hours would be more versus being in this industry and knowing the channel which allows me to be efficient in my role
good luck and hope it works however it favors you
depends- not enough info to give you advice if its better or not. Is it the same salary/pay benefits as your current role with verizon? Whats the ramp up if its a different industry? whats company is it? its is a small or large corporation. Also other factors to consider such as personal stuff-- work life balance (is it known or unknown, how does it compare to the current) and are you in a position to sustain a career change--- Also, might have a job lined up is very different than having a job offer.
So i would consider this (as someone who turned down an attractive VSP package) --- compare the jobs as is - salary, benefits, hours, expectations etc---
then next I would compare if you stayed with verizon-- how long would it take to surpass the salary of the new job + your potential rif' package
For me I calcuclated that if I made it to another year, I made more money because of the LTI, profit sharing than if I took the VSP -- (This was when they were offering 3 weeks and i capped out at the max-- i think it was like 50 weeks versus the 40 or 45?) -- so if I didn't get laid off and lasted another year-- pay wise, I woudl have made more cause either way if they rif'd me a year later-- i would still get the typical 2 weeks cap at 4 (im 20+ years so i would cap) + the extra year salary--
it just depends-- but I think its smart just to line up options in general, update your resume and try to secure interviews just in case... Cause trying to get a job end of Q4 is a challenge cause most companies wont hire till around Q1/Q2.. either way I think being ready for alternatives is good!
@OP That ship has sailed. Maybe it will work out and you’ll be RIFd anyway.
It never hurts to ask… but it’s definitely too late to volunteer. HR and Legal have already approved business cases for layoffs and severance packages have been created.