I keep thinking about it and all I'm coming up with are positives. If you're cut, you leave a toxic atmosphere that puts merit second to too many things AND you get paid for it. You can take your time looking for a new job without having to accept the first offer that comes your way because you have to get an income ASAP. I honestly don't see a downside to this.
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The most important thing is to get your finances and health in order once you have that done you won’t be so desperate to hang onto a cr---y ford job. Seriously sell your expensive house, pay cash for/rent a modest house. Stop leasing vehicles, buy a modest used reliable vehicle. Exercise 30-60 minutes a day, stop eating junk. Then carve 2 hours a day out of your workday to learn something new/get better at your profession. Then start applying for jobs while you still have one.
If you chose to continue living beyond your means your health will suffer.
Remember, even during 2009-2010, people with a Bachelor's or higher degree were in the 3-4% unemployment range.
Don't worry, don't fret, you will be okay!
As someone who has interviewed Ford folks in the past for jobs, a couple of items to note:
~Younger employees in engineering tend to be more amiable to change and adopting our corporate culture. Also, they cost less. Older employees are embedded with the Ford employee benefit entitlement culture, which unfortunately, doesn't exist in most companies.
~There seems to be a lot of ways to duck responsibility in larger companies. As a result, it is hard to determine who is a good fit until we hire the person. We have accountability built in, but we also try to set the person up for success. So far, so good.
~The Fords and GMs have better benefits and pay, but the smaller entities like ours give engineers and others the ability to try new things, be accountable for their success and also to share in the profits of their endeavors. Overall, a better professional experience. Those looking to wait for their pensions by logging in from home and then going to the golf course or shopping need not apply.
Just wait until republican senate and house...they will start erecting a wall around jobs....back to trumpism
I would hold against the following:
All engineering jobs are highly specialized. That's why you are an engineer and if you had stayed too generic, your income wouldn't have been great either.
That said, Ford didn't pay all that well compared across the country and in Michigan rent prices have soared quite substantially. You have to ask yourself if you can "afford" to live here?
It's the challenge of today's time to remain qualified as an engineer; it has become a lot harder with ever increasing speed of technological advancement. You would need multiple new master degrees across your career if you always wanted to be a hot commodity. But the cost would never justify that. That's how smart the market is treating it.
You can and absolutely should vacate Michigan. Absolutely relocate. What hot company would plant themselves into Michigan? Lol...
If you dont have company cars or a pension you aren't really that screwed. If you switch industries you start at a lower pay. So? That will happen a lot more now going forward. Or else wait until Ford is the promised "software" company no one will need.
If you are an immigrant you would likely take any job but there is good news: I have heard from other's you can still negotiate a high pay and be an attractive candidate regardless. I know many immigrant engineers that earn more than I do. But yes, companies must sponsor. There are states where the chance of finding such a company is generally higher. Tech hubs usually.
To have an actual career it is recommended to switch employers about every 4 years and ideally for a slightly "higher" position also. Sticking around for too long is definitely not advisable. At Ford you will definitely not develop as much as you are not presented with enough business challenges and not tied to leaders that would teach you anything (unless you are that one guy)
What working conditions a job has is always different. If significant travel is required and you don't want that, don't take the job lol. And not all jobs requiring travel are bad. Some jobs may lead you to quite the places a few times a year and some companies will pamper you with good traveling conditions.
Age discrimination is for sure a problem. It's where the country fails. Amongst keeping its workforce qualified. Age bias is very easy to spot at Ford also. Another reason not to stick around for too long.
What's very important is to be and to stay in the application game. Its a much bigger problem if you haven't applied and been exposed to that environment in a number of years. Much more problematic than you not knowing some little software.
Be ok and ready to switch jobs in this world. Your relationship to the company is purely transactional nowadays and you keeping on hoping isn't being in control. You can avoid the devil altogether by being flexible.
If it were me I would get as far away from Automotive as you can. This was a very good career with emphasis on "was". Them horses started leaving the barn in 08/09'.
Get out xross train do whatever you can just leave the automotive industry. I am so glad my children did not follow in my footsteps.
Best time to find a new job is when you don't need to look.
Start brushing off the resume, look at jobs you'd be interested in and compare to your skillset. Find any gaps and start training on things you could learn to get you there. Keep up with your network of folks who have moved on to other companies to look for any opportunities.
Long time employee here. For longer term employees, you cannot easily find a job because:
- You cannot find a job at your pay expectation in the area you live and you cannot relocate. Contrary to popular belief, not every job can be done remotely.
- You encounter age discrimination.
- You are in a very specialized field that does not have many openings.
- The unknown. Better the devil you know
- New job may have less favorable working conditions (e.g., extensive travel).
- You basically have to 'start over' to earn credibility. You don't have former co-workers than can vouch for your capabilities.
- You will start out with less vacation time.
- Those in the lease program with incremental may have to replace 2 or more vehicles.
- Your next company may be better in some areas but toxic in other areas.
- You will lose out on pension growth
That’s not the case for immigrants. They will have to find a job within 60days or you will have to leave the country. First of all in this market, it’s tough to find another job. Second of all not all companies are willing to transfer Visa.