Tom has very happily accepted a role as Senior Director of Application Development with XXXX. He actually had a choice between two offers; one with XXXX and one with Capital One, but felt a better fit and better environment existed at XXXX.
Tom came to us while he was still employed with a well-known newspaper. With newspaper printing spiraling downward in popularity and becoming a dying industry, he knew what was ahead. He had a slow start to his campaign. However, once he realized that buyout offers and layoffs were occurring at his paper, he became fully engaged. He actually was offered a buyout and was going to be displaced.
He was really worried about the “churn and burn” tone he felt while interviewing at Capital One and felt that the finance industry and its bureaucracy would not match with his innovative IT style.
And he will still receive his full buyout (38 weeks of pay based on his 19 years of tenure) and they agreed to pay his COBRA costs for a full year. Aware of the fact that he will be starting at XXXX in a few weeks, he now has the money that he can use for his daughter’s college tuition fund. Obviously, he and his wife are ecstatic.
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