My company is offering me $170,000 ($118,000 after taxes) to leave. Should I take it?
The title pretty much explains the situation. I'm a 32-year-old man and I don't have a degree. My wife stays at home with our 3 kids. I've been with this company for a little over 8 years.
If I accept the package, how hard would it be for me to find a good job again? I make about $110k a year right now and the insurance is good, but the work is hard on my body and I can't imagine doing this for another 25 years. Honestly, I like the job most days, but management has been putting a lot of pressure on people for the past 18 months and it's drained me.
I've looked into trades and some medical-related jobs because they seem stable, but I'm not sure I'd be good in a hospital or around sick people all day.
A coworker of mine already took the buyout without really having a plan, and part of me wants to do the same. The money would give me some breathing room, but I really don't know which direction to go in after that.
Lately I've been updating my resume and looking at job postings just to see what's out there. One thing that's made me realize how rusty I've gotten is the interview side of things. After eight years at the same company, I haven't had to showcase my experience and skills to an employer in a very long time. But, some peopled advised me to try InterviewMan in the next interview to help me organize my experience and prepare for the kinds of questions hiring managers ask today.
Has anyone been in a situation like this or have any advice?