Those that have been following along on my journey to early retirement may recall that I’ve been saying for months that my official retirement from Zillow Group will occur on July 2, a scant eight working days from this post’s publication.
Turns out, that July 2nd date isn’t quite right.
My esteemed employer has a wonderful R&R program (Recharge & Reboot–think “sabbatical” as many call it). Employees with more than six years of service are given up to six weeks off to disconnect. We’re talking fully disconnect–there is zero expectation to check in or work during your R&R.
Anyway, since I have over six years of service with Zillow Group, I’m eligible to take an R&R.
Zillow Group, being the amazing, caring company that they are, have graciously agreed to allow me to take my R&R. Since one can’t retire and then go on R&R, I’ll need to take the R&R, come back to work for a day, and retire at that point.
What does this do for Zillow? Not much. It’s going to cost them my salary, covering my health insurance for another six weeks, and a few more stock options will vest during that time.
What does this do for me? Pretty much everything it doesn’t do for Zillow–I’ll get more pay, more insurance and more vested options. Three things that will bring a smile to anyone who’s about to retire.
In other words, I reap all the benefits, Zillow gets nothing but more gratitude from me.
Why is Zillow doing this and not just letting me retire on July 2? Because they care, they’re an award-winning (and deserving) “best place to work” and they do the right thing for their people. Always.
It’s a wonderful gesture, not surprising at all, and yep, as one who is about to embark on living the rest of their years on a fixed income, it’s appreciated more than they probably realize.
My R&R starts officially on July 5 and ends August 15. I’ll come back to the office on August 16 for my exit interview, and officially retire.
While I won’t technically be retired on July 2, I won’t be actively working after that date (unless you count coming in on July 3 to clean out my desk as “working.”) I’ll be R&R’ing in Europe. Yes, Europe has wifi, and I’m sure my Facebook profile and Instagram will be chocked full of European vacation photos. But I won’t be checking email (very often, like hardly at all) and my lovely bride has put her foot down–I’ll be completely absent from real estatey Facebook groups while across the pond.
Thanks Zillow Group, for everything you’ve done for me and my family. Allowing me to retire after R&R may not seem like a big deal to a multi-billion dollar company, but it is a big deal to me.
Photo credit: Pimthida on Flickr. CC Licensed.