It's going to be different for everybody, but it often comes down to how good your relationship with your direct manager is.How did it go? How long in advance? At what age? Kind of job?
57 here. I have my annual review next week. I am tempted to provoke things.![:mrgreen:]( "Mr. Green")
I am a VP Ops in a high-profile global group, a very stressful job and I cover a lot of ground. The company has been good to me and it has been a great experience in the last 10 years. I have minor health issues, stress-induced I believe. For years, I haven't been able to hand-write properly. Some days, I can't sign my name. I don't see it improving unless some stress goes away.
No debt, and financially, I am covered.
Plan A is to offer to work in a more limited role, kind of 50% less under December 2025. Plan B is to finish this year, I might be tempted to take another minor job in 2025, even if not necessary.
I wondered if many here had the equivalent experience of my Plan A? I feel that it is like a gamble.
I was a low level exec in tech. New CEO started shaking things up and my boss was let go, then a month or two so was his boss (and he reported directly to the CEO and was on the board). I had already started having some stress related to everything the new CEO was trying to do when colleagues asked me if I was interested in taking over my boss's former role, the answer was $#@* NO!. It was at that point that I started setting my sites on retirement. Good friend of mine took over the role instead and in our first 1:1 he asked me about my retirement plans, since we had been discussing plans with each other as friends before that. Answer was a minimum of 6 months but however long it took to find and train my replacement. That turned into 15 months but it was a lucrative 15 month: 15 months more salary, stock was on a roll so more ESPP and higher value RSU's that vested during that time. And 2 rounds of very good corporate bonuses.
My replacement came on board 6 months before I actually left. CEO was starting to mandate total number of levels in the company and minimum number of direct reports for managers. After I transferred my team to my replacement, boss decided to park me in a technical title at the same job grade which more or less hid me from view so I could finish out my last 6 months. I felt more productive & stress free during that time than I had in a very long time, but not so much that I was going ever going to stay. Other than the announcement I made to my team and my peers in the boss's staff meeting, word dispersed fairly steadily across the company to anybody who might have cared. So a more or less gentle glidepath for me.
Epilogue: Boss had enough as well and quit about 2 months after I did.
Cheers.
Statistics: Posted by dcabler — Fri Aug 16, 2024 6:20 am