Poll: Would you take this offer?

[FreddyShoop]

Let's say, hypothetically, you were offered this deal:

You could keep your current job, with current salary, from now til age 65. You are granted tenure meaning you can never be laid off, your job never eliminated, etc. 100% job security from now til you're ready to retire.

But you will never receive a pay raise of any kind. You're locked into your current salary from now till retirement.

 

[SameSmallGroup]

Since I'm 63, yes.

- NickleDimer

 

[NickleDimer]

isn't this describing a state job?

 

[nardibynature2]

Depends on the benefits of the company, does my vacation days go up every 2-3 years? 401k matches, etc. Any type of additional retirement fund. If yes to these, I would probably say yes.

 

[RSTRICK30]

Let's say, hypothetically, you were offered this deal:

You could keep your current job, with current salary, from now til age 65. You are granted tenure meaning you can never be laid off, your job never eliminated, etc. 100% job security from now til you're ready to retire.

But you will never receive a pay raise of any kind. You're locked into your current salary from now till retirement.

I can't imagine anyone in their right mind saying YES to this.

 

[NickleDimer]

I can't imagine anyone in their right mind saying YES to this.

Do you even know any democrats? This is their dream.

 

[RSTRICK30]

Same salary unadjusted for inflation? Would be insane to take that.

 

[adp98]

I'd take it in a second.

 

[Eberzzz]

I'd take it in a second.

well played.

 

[NovaNation1188]

Minimum Salary to take this in each city:

CoDB: $250k
CoP: $200k
CoADP: $250k

 

[adp98]

If you made decent coin think of the security and ability to plan this certainty provides. In addition think of what this does for ply our peace of mind. I wake up at least one night per week at 3:30 over work stress. Part of what is so underrated about state jobs. Throw in a pension, sweet gig.

 

[nardibynature2]

It also depends what kind of life changes you are thinking about...family, houses, etc.

 

[NickleDimer]

It also depends what kind of life changes you are thinking about...fake family, shared townhouses, etc.

Fixed.

 

[tomdudes]

In my current situation, I'd say yes quickly. With mergers, cuts, age, I can't predict job security beyond the next 6 months.

 

[BCHoopster]

If I would be allowed to cut my hours down to 45 per week, I would do this in a heartbeat.

 

[FreddyShoop]

Depends on the benefits of the company, does my vacation days go up every 2-3 years? 401k matches, etc. Any type of additional retirement fund. If yes to these, I would probably say yes.

Nothing changes. You're locked in forever.

 

[nardibynature2]

Nothing changes. You're locked in forever.

Could I do it, no doubt, I have enough money saved up I could handle it, but would want better work/life balance. So if NOTHING changes, then no.

 

[nycat04]

I would do this in a heartbeat. I can't be fired? Sign me up - I'd work about 10 hours a week and goof off the rest of the time.

 

[Nova98]

Did somebody ask for me?

 

[ericw]

Do I have the option to leave the job earlier than age 65 if I want to?

 

[Mainliner II]

Being retired........yes, I'd take that deal..........

 

[FreddyShoop]

Sure. But you're prohibited from working anywhere else.

 

[ericw]

i'm with tomdudes ... for people younger than their late 40s this makes no sense ... if you are within 10 years of retirement this can make a lot of sense.

 

[SameSmallGroup]

So if I can ever be fired or laid off then can I never show up, collect a paycheck and stay home? Or even better, get another job and get paid for both?

 

[FreddyShoop]

Why don't you go sit on an ice pick

 

[gldendog]

Absolutely not. But I only make about 70K and I'm in my 30s. Some of you are geezers and double comma guys. Different set of circumstances for you old foagies.

 

[nardibynature2]

Absolutely not. But I only make about 70K and I'm in my 30s. Some of you are geezers and double comma guys. Different set of circumstances for you old foagies.

70k? I hope you get free food every day at Costco?

 

[danmcguire]

Same salary unadjusted for inflation? Would be insane to take that.

With the downside protection of knowing you have your current income until 65 you could be slightly more agressive with your retirement savings in your 40s and 50s. You'd probably need to do less than 1% better annually to offset the impact of inflation on your income assuming you have been saving at an appropriate rate. I'd take the deal. Of course I'm mid 40s so the analysis is diffent than if you are say 28.

 

[NickleDimer]

For the fat bois out there, does it include a guarantee that you won't drop dead before 65?

 

[SameSmallGroup]

Absolutely not. But I only make about 70K and I'm in my 30s. Some of you are geezers and double comma guys. Different set of circumstances for you old foagies.

That's a day's pay in the CoDB.

- every CoDBer

 

[the return of dirk( the surgeon)]

What's it like to work for somebody???

 

[gldendog]

70k? I hope you get free food every day at Costco?

Cost of living just a tad cheaper than New York, cuzzo.

 

[dirtyd]

Hotter chicks in the KOP too.

I'm taking the deal. Fck it.

Tenure would be so nice. Would love to tell my boss how much time is wasted filling out fcking forms for everything I need to do.

 

[TheJoker203]

I am too young for this kind of deal.