What would you do???
Reagrdless of your position on the strike . . .
This is not a debate on who is right or wrong . . .
What would you do??
a. Your job asks your office of 100 people to vote on eliminating the positions of half your co-workers. Keep in mind that your office used to have 200 workers and half have already been eliminated . . . .
b. You are comfortable that you may survive the purge; but, will need to expect a paycheck which is 30% less than it was last week.
c. You will now need to make a 60% larger contribution to your insurance policies which further reduces your net pay.
d. Keep in mind that you have over 20 years of service to your company for this part . . . Your traditional pension will be eliminated and you will now be placed into a defined pension and/or 401K program. The average loss of value is around 40% and you will now need to contribute at least 15% of your pay to the 401K as retirement is around the corner.
e. You will now need to further commmute to work as stations and positions will be eliminated through base closing and consolidation. At what point does relocating your family or becoming a stranger to your kids become just not worth it.
When you add it up, the actual loss in net pay is around 45-55%.
Sooooo, what would you do????