Originally Posted by
Sputnik
I can no longer recall the exact details of the non cons early retirement deal. But I do remember thinking it was an IQ test--if you were anywhere near retirement age and had any math ability it would be really hard to justify not taking it.
In my neck of the world we lost a lot of really smart people. And the ones who stayed seem to indicate that yeah it was an IQ test.
Opinion only
It isn't just an IQ test, there is also a motivation component. In a previous career as an office cubicle dweller, re-orgs and early retirement packages almost always meant talented people were leaving for greener pastures. It wasn't just those close to retirement who left. Great employees with bright futures and positive attitudes were often part of the exodus. Those with dimmer career prospects couldn't find a place to go. Early out packages are almost always a HUGE talent drain.