What do you do in retirement? (besides travel)

[BJRSanDiego]

I retired at 58 partly because the CEO was a foolish person that embraced the philosophy of GE's Jack Welch. Employees were expendable and you should get rid of the bottom 10% every year. That might work for a year or two, but soon management is forced to give bad appraisals to good people. Even though I wasn't in a management position, I had to do appraisals for four people. Against my wishes, they downgraded one of my appraisals to make sure they met the quota for that department. The CEO also over applied the Six Sigma methodology and used it almost everywhere. What a waste of company resources. I enjoyed my job the first 30 years, but not so much the last five.

Hi Art, I sympathize with your previous situation. I worked for a company that did the same thing - - fire the bottom 10% once a year. So, if we had an employee that needed to be fired, we saved him/her until the end-of-year layoff period so we would have someone to "nominate". . Also, when we were hiring, sometimes we'd take a chance and hire someone who wasn't a perfect fit ... knowing that if we made a mistake that he/she would be in our "cache" of potential layoff people.

 

[pedro47]

I worked in health care, hospital, and our employee insurance costs were always going higher. I am also aware that the doctors and executives had a better plan with lower costs/no costs.... found that out accidentally at the annual health fair that was put on. I was told my disability insurance plan was being paid for by the hospital as a benefit. Wow GREAT!! I had been paying so this was new. I mentioned it at check out to HR. Well seems that was a MISTAKE and I still had to pay BUT the exec's and doctors do NOT. There was a whole separate duplicate insurance plan online I had noticed one time, they probably all got their health insurance paid for too.

If anyone can here is what some do. Get a JOB in the government like the Veterans Administration and work your last 5 years there, then you can keep your health insurance through them at the low employee costs. Many doctors I knew did that for that exact reason, one anesthesiologist in my neighborhood retired at 56 and mentioned it a couple years back.

You are correct many physicians retired from their practice and go to work with the federal government and work for five (5) uears just to received the federal health insurance plan.

 

[artringwald]

Hi Art, I sympathize with your previous situation. I worked for a company that did the same thing - - fire the bottom 10% once a year. So, if we had an employee that needed to be fired, we saved him/her until the end-of-year layoff period so we would have someone to "nominate". . Also, when we were hiring, sometimes we'd take a chance and hire someone who wasn't a perfect fit ... knowing that if we made a mistake that he/she would be in our "cache" of potential layoff people.

We joked about hiring a loser that we could fire to fulfill the quota, but we never got the chance to find out if we'd really do it.

Sent from my Pixel 8 Pro using Tapatalk

 

[jp10558]

I started from scratch and have become a published photographer. I have placed in some small competitions. I am in two local
Camera clubs.

I am surprised by there being 2 camera clubs! Hopefully they're not too snobbish.