Would you accept this?

Add $6,000 more and it'll be what my hubby made last year making parts for those folks. No one is offering him or other people who work in small shops a buy out. And no one will Bail Out their companies. Getting off the sinking ship if you can do something else would be a good idea. But there aren't really any other jobs out there. I guess it would depend on how well you can stretch and what other skills and resources you have.

I'd take it. The way things are at my plant that would be more than I'll make this year. It would be far better than just getting laid off.

Yes in these days and times it does go pretty quickly. I am hoping they would be smart enough to not except that deal because in the long run it won't be much.

I think a number of people would accept the deal, if only because the writing is on the wall. Obviously, unless they voluntarily leave, sooner or later layoffs will happen. I think someone who could afford to leave or retire early might be motivated to do so in the hopes that someone else would keep their job.

I am in a position in my life where 20,000 dollars sounds like a lot of money! However in the case of what you are mentioning I don't thing that money could last a long time. Gees, half of that money could be gone in house bills alone if you ask me! I guess that businesses are suffering that they need people to take early retirements.

I agree with you, that doesn't seem like very much. I wonder how many of them will take them up on this offer. I guess though in the long run it might be better for some to take the offer that to stay on and later on be let go and not get anything.

hi ermsmommy! oh wow! that seems a lot. but really, mom just easily comes and goes. i dunno, i guess in their case, i will just have to assess my personal situation, my age etc. if i am nearing retirement, like in 2 years, maybe i will wait it out. or maybe i will grab the opportunity for early retirement and just find a part-time job so that i have money for operational expenses. if i am young, i think i will grab it. why not? i can still find another job. and still enjoy the money and the car voucher. imagine that. but i dunno, if you love your job, that will be a very difficult decision. take care and God bless you! :D

I would take the money and the voucher and leave the company. I know now is not the time to be willingly giving up a job, but if the company does not have some willing volunteers to take this package they could end up getting the boot with out such a generous severance package.

Well, that would last ALMOST a year, and $25k can buy a decent new car (ours was less than that). For the younger workers I suppose the companies feel it's enough to last you until you get a new job. But since the job market is so rough these days I don't know if I'd want to risk it. It would really depend on your skillset and whether those skills will be able to get you another job quickly. For the early retirees, bah, that's a terrible deal because they're probably not of age to acquire federal benefits and are probably too old to get a new job. In that case it's a cop out by the companies.

I'd take it. I'd take it and move to a new town and get a job there.

With the current state of things, this might be the only offer they will get. The car industry is failing miserabley and odds are that many are going to be laid off in the near future. If I was getting ready to retire anyway, I'd take the money and run. It's those folks who have been working for the company for 20 years and still were hoping for another 20 that are really in a tough spot. $20,000 and a car is better than a pink slip and an "I'm sorry" which is what most people around the country are getting.