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Reply to "My organization announced a buy out option, and I need assistance"
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[quote=Anonymous][quote=Anonymous]I'm wondering if the OP works for my nonprofit organization, since I received the same offer yesterday. (In my case, it would net me 13 weeks of severance, 5 weeks vacation payout, $15K in cash.) The decision has to be made pretty quickly - by mid-February - which for most people would not be time enough to have something else in the pipeline. If I were a risk-taker, I'd consider taking the money ($48K) and leaving. But I'm not, and I have a big mortgage. I'd hate to still be unemployed when that money ran out. The one time in my life that I got laid off, it took me almost six months to find a new job, and I was sweating it. (and my mortgage was much smaller then.)[/quote] You would really pass up $48k! Definitely seems like enough to get through at least 6 months. Jobs can't possibly be that hard to come by for a professional[/quote]
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