- I've discovered my boss' glorious five year plan! I NEED CAREER ADVICE, NOW!
Is it the boss’s company? If so (and I can’t see why him retiring would be an issue otherwise), surely he’s not planning to close the company unless there’s really no value in it other than what he provides…
Anyway, you’ve got a year, use that time to find a better job than you’ll find if you panic and jump immediately.Posted 4 years agofervouredimageMember
You’re doing a lot of second guessing by the sound of it. I think a slightly more calm, considered approach is needed. If you do only have a year then that’s plenty of time to figure things out.
But I do think a conversation with your boss is on the cards and a stress on how life changing his decisions could be for you and others. It sounds like you have an informal sort of relationship with your boss?Posted 4 years ago
If the boss pulls the plug then the company would disappear. He’s the bow and we’re the strings. Neither can work without the other. The sum is greater than the parts.
And yes, I am on twice what others are on…..20 years experience blah blah blah because I’m worth it.Posted 4 years agowrightysonMember
My boss also the company owner told me to start looking after we had an on site fall out mid last year, said he was winding the company up etc as he couldn’t sustain the losses anymore. Since then we sold a property at half a million picked up further work (a year ago) ive had a 10% pay rise and we’re looking for land again. I’d say hang in there…Posted 4 years ago
The boss is a boss in the loosest sense of the word. He owns the company and the building but that’s as far as it goes. A conversation with him would be scary but probably required.Posted 4 years ago
Job opportunities like this are once in a lifetime and our company is seen as the benchmark for how busy the industry is. We have so many strings to our bow but they all rely on everyone at the same time.
The boss has made his money and then some. He could retire tomorrow if he wanted. I don’t want him to.cbmotorsportMember
wors – Member
Buy the company, keep him on hand as a ‘consultant’.
Show him the merits of keeping the company running, cutting back his hours into semi retirement, and still taking a fat cheque home at the end of the month for his consultancy fees. Eventually when you no longer need him, he can sit back and take a fat cheque for doing sweet FA.Posted 4 years ago
So, this morning while checking stuff I uncovered a doc which outlines the boss’ plan to retire. Given that the boss has a history of putting plans in motion well before he tells the troops, I have no reason to believe that what I’ve found isn’t legit. I can’t approach him directly coz he’s crap and will clam up and then fob me off.
In a nutshell, I reckon we’ve all got about a year left in our current roles.
If I could jump ship now I’d estimate about a 50% loss of my income which would put the house at risk.
Apart from ‘not panic’ what would you do next?Posted 4 years agocbmotorsportMember
IMHO if your boss decides just to jack it in and put his workforce out of work then he’s an asshole. He should remember who has contibuted to putting him in this able to retire position.
It is irresponsible to not have some plan in place to at least offer your workforce some sort of option to continue.
‘I’m off, thanks for making me fat and rich, you’re all out of work – good luck with your mortgages/kids education/food on the table’ = Asshole.Posted 4 years ago
The topic ‘I've discovered my boss' glorious five year plan! I NEED CAREER ADVICE, NOW!’ is closed to new replies.