Voluntary redundancy, would you take it..?
13-04-2005, 08:47 AM
#1
Voluntary redundancy, would you take it..?
i have the chance of putting in for voluntary, ill get a payout of about 2.6k which is pretty shit cos ive been here nearly 7 years.
only thing im worried about is i need to be earning about £300 p/w as im just about to get a house with the missus, and will be moving to swindon around the end of the month
what would you lot do??
i gotta let em know by friday.
only thing im worried about is i need to be earning about £300 p/w as im just about to get a house with the missus, and will be moving to swindon around the end of the month
what would you lot do??
i gotta let em know by friday.
13-04-2005, 08:52 AM
#3
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I would only do it if i had another job to go straight into.
Otherwise you will gain nothing because they payout will be used to live on while you (hopefully) find another job!
I was in the same situation afew years ago and decided it wasnt worth it.
Others on my shift left and took the money but have all since regretted it.
Weigh up the pros and cons.
Pros: You get some cash (but only get to keep it if you dont need to live on it)
Cons: 7 years of redundancy down the drain
Next job you get you will probably be bottom of the ladder, puts u more in the position of last in first out too.
You are a nobody at the new place, whereas now you have 7 years of being known there and hopefully respected lol
Are they paying you just the legal entitlement or putting anything extra on top?
Otherwise you will gain nothing because they payout will be used to live on while you (hopefully) find another job!
I was in the same situation afew years ago and decided it wasnt worth it.
Others on my shift left and took the money but have all since regretted it.
Weigh up the pros and cons.
Pros: You get some cash (but only get to keep it if you dont need to live on it)
Cons: 7 years of redundancy down the drain
Next job you get you will probably be bottom of the ladder, puts u more in the position of last in first out too.
You are a nobody at the new place, whereas now you have 7 years of being known there and hopefully respected lol
Are they paying you just the legal entitlement or putting anything extra on top?
13-04-2005, 08:53 AM
#4
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Oh, and by the way, by law they have to give you about 3 letters over a certain time scale for redundancy, im not sure if its the same if its volentary, might be worth finding out. They may be trying to force you into a hurried decission
13-04-2005, 08:56 AM
#5
they are paying a weeks gratuity, w*nkers...
well, i want another job anyway as i fucking hate it here and i have had a few bollockings for going on the internet etc....
lol
i will still have a job if i dont take it, and it could still get rejected.
thing is, im not porgressing and i was supposed to move to a different area within the company and then when it was time to move, my manager said no... c*nt...
well, i want another job anyway as i fucking hate it here and i have had a few bollockings for going on the internet etc....
lol
i will still have a job if i dont take it, and it could still get rejected.
thing is, im not porgressing and i was supposed to move to a different area within the company and then when it was time to move, my manager said no... c*nt...
13-04-2005, 09:02 AM
#6
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You could take the money and work on agencies to keep the cash rolling in while you find something else.
Dont spend the payoff till you get another job just incase you do need to use it for some reason. Then once you find something else look forward to splashing out
Dont spend the payoff till you get another job just incase you do need to use it for some reason. Then once you find something else look forward to splashing out
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13-04-2005, 06:41 PM
#13
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Don't do it, but start looking for a job straight away, don't leave it another day, you'll only get stuck in the rut you're in and won't leazve. When you leave, your head will be high.
However, bear in mind that if you don't take the option, and get made redundant, you will be in a worse off position when looking for a job. At the end of the day, being made redundant SHOULD have nothing to do with your abilities, etc... unlike being fired, but, a prospective employer will always wonder why YOU were made redundant and not someone else, unless the whole company shut down that is.
No one can tell you what to do I am afraid, the decision as they say is yours.
Good luck, whatever you decide to do.
However, bear in mind that if you don't take the option, and get made redundant, you will be in a worse off position when looking for a job. At the end of the day, being made redundant SHOULD have nothing to do with your abilities, etc... unlike being fired, but, a prospective employer will always wonder why YOU were made redundant and not someone else, unless the whole company shut down that is.
No one can tell you what to do I am afraid, the decision as they say is yours.
Good luck, whatever you decide to do.
13-04-2005, 06:44 PM
#14
well i aint gonna get another job sorted by friday, and the payout is shit.
so i will get another job lined up.
i have already had 4 or 5 interviews, one being with BMW Williams F1 racing....
but didnt get the job, was lucky to get the interview tho cos they dont give many.
so i will get another job lined up.
i have already had 4 or 5 interviews, one being with BMW Williams F1 racing....
but didnt get the job, was lucky to get the interview tho cos they dont give many.
13-04-2005, 06:50 PM
#15
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Just something to consider. Any Credit card/Morgage protection schemes may list "involuntary redundancy" as being OK. If you choose to jack it in. You may not get other bills paid.
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