[Main General Bulletin Board | BBFAQ | Next by Date | Post Followup ] Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos OT - Will probably be leaving GM end of month, advice? Like This Post: - Subscribe to Daily Digest for this Bulletin Board Posted by Caarma [Email] (#592) [Profile/Gallery] (more from Caarma) on Thu, 17 Mar 2005 20:35:15 Alert me when someone posts in this thread: Members do not see ads below this line. - Help Keep This Site Online - Signup

So with all the marketshare loss and hard times that GM has come upon, I have been offered a buyout package at Saturn marketing along with many others in GM marketing. I have been unable to find another job internally (have 8 years at the company) and I don't want to hang around to get laid-off and pass up the package. The downside is that if I take it, I can never work for GM again (or Saturn or Saab marketing). The good part is that I get some salary, continue to get the car discount for 5 years, a voucher for some cash off of a new car, and some money towards tuition.

I'm 2/3 done with my MBA at Univ. of Michigan and I'm looking for work, but the idea of just finishing school by the end of the year seems appealing. If I do get another job, I could get double salary for a year. I have worked in powertrain engineering, reliability engineering, marketing product planning, and marketing interactive project management.

What would you do if you were in my shoes?

Work another job get double salary and finish school next spring
OR
Finish school by the end of the year and work hard to get recruited in the fall

Thanks for any advice in advance.
Caarma


posted by 69.246.119...

• OT - Will probably be leaving GM end of month, advice?, Caarma , Thu, 17 Mar 2005 20:35:15 <-- Viewing This Message
  • just a thought, has gm helped pay for mba classes?..., baggsly , Fri, 18 Mar 2005 14:00:36
  • Start by looking at your current financial situation..., TKC, Fri, 18 Mar 2005 08:01:28
  • Clarification, Caarma , Fri, 18 Mar 2005 07:22:22
  • Sounds like your double salary is theoretical, Noel, Fri, 18 Mar 2005 05:55:01
  • Re: OT - Will probably be leaving GM end of month, advi, compaqted, Fri, 18 Mar 2005 05:42:36
  • Re: OT - Will probably be leaving GM end of month, advice?, Sten, Fri, 18 Mar 2005 05:18:41
    • It's part of his buyout package. n/m, TKC, Fri, 18 Mar 2005 06:29:53
      • I think he wants to know the why/purpose of the clause, Trev, Fri, 18 Mar 2005 07:49:18
        • They have to put such a clause, Caarma , Fri, 18 Mar 2005 08:33:19
          • what's so bad about coming back later 'tho? nm, Trev, Fri, 18 Mar 2005 09:15:59
            • here's what they want to prevent, TML , Fri, 18 Mar 2005 14:36:16
              • taht seems strange to me, Trev, Fri, 18 Mar 2005 18:03:03
            • It's a condition of the buyout, various reasons ....., TKC, Fri, 18 Mar 2005 10:41:28
  • if you . ., Czar, Fri, 18 Mar 2005 00:15:23
  • How much money will the new job pay?, Railhead , Thu, 17 Mar 2005 22:19:53

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