Been offered voluntary redundancy. Take or not?

happenstance

Only you can make the sums to see if it worth it.

Judging by your last post, you can be very thankful that your in the public sector and get lucrative redundancy pay that people in the private sector only dream of.

makeyourdaddyproud

happenstance wrote: »

Only you can make the sums to see if it worth it.

Judging by your last post, you can be very thankful that your in the public sector and get lucrative redundancy pay that people in the private sector only dream of.

OP is in a very good position so I would take the money and run.

I disagree with your statement about public vs private payoffs.

I got 2 years salary from my private employment.

As I said in earlier threads, it varies hugely but it isn't "usual" to be paid more conservatively in the private sector, as your comment states.

happenstance

makeyourdaddyproud wrote: »

OP is in a very good position so I would take the money and run.

I disagree with your statement about public vs private payoffs.

I got 2 years salary from my private employment.

As I said in earlier threads, it varies hugely but it isn't "usual" to be paid more conservatively in the private sector, as your comment states.

You could very well be right about public vs private payoffs just in my anecdotal experience of people I know one is significantly more than the other.

makeyourdaddyproud

happenstance wrote: »

You could very well be right about public vs private payoffs just in my anecdotal experience of people I know one is significantly more than the other.

Indeed. One could argue that amidst the ether of belt-tightening and higher unemployment, many firms are now using the downturn ruse to reduce payoffs, so your point is more valid now, I guess.

Prothet_of_Doom

IF and that is a big IF, you have transferrable skills, that the private sector are after, then Redundancy is nothing to be scared of.

IF, you wanted to retrain, or do something different, or go to university, or have any sort of plan, then it's an opportunity.

I've been made redundant twice, with a stay at home wife, 2 kids at school, a mortgage to pay and NO redundancy payout.

It focuses the mind.

happenstance

makeyourdaddyproud wrote: »

Indeed. One could argue that amidst the ether of belt-tightening and higher unemployment, many firms are now using the downturn ruse to reduce payoffs, so your point is more valid now, I guess.

Yep agree with you there, private payoffs have reduced significantly in this depression from what I hear. Know of a squaddie paid off recently that got 2.5 times their annual wage take home.

Will have my own anecdotal when I'm sacked tomorrow!

I_have_spoken

I'd take the money! Use it to put down a deposit on a flat in a 'hot spot' like MK, York or within the M25 and you'll get work OK plus it's the chance to move out from living @ home.

*Vikki*

Yeah thats exactly what id love to be able to to 'I have spoken' just need to line up or find a job to not eating in to the money! I have applied for a sunday job at Boots, to get foot in the door kinda thing for possible full time work with a bit of luck once current DWP job ends (presuming I take the payout) I still cant decide what to do though, kinda driving me mad!

sheslookinhot

*Vikki* wrote: »

I hadn't thought about redeployment. I have heard they try to avoid compulsory as it looks bad on the government? I don't think there is any other AA jobs but you never know what they might create I suppose.

The money if love to keep hold of and find a job ASAP even of doing something I don't want just to pay my fuel and car running costs as in the end of like to one day add to it and buy a property.


Out area had high unemployment so could be hard.its an easy good job with tons of perks. I get loads of time off and it's 3 mins drive from home.

I know they don't want my grade and it will come up again like it ah two or three times before. So I feel a bit pressurized by family, and work colleagues to take up this 'great deal!' That of they were offered they would take. I'm just scared what of at all job I'll end up with.

Keep the job.

Bigmoney2

sheslookinhot wrote: »

Keep the job.

I'd keep the job as well.

Payout sounds good but with few job pprospects in the area and a new batch of redundant civil servants all chasing them, I would imagine it would be quite hard to find anything other than temporary minimum wage jobs.

Also take into account pension you are accruing.

Unless you hate the job, or have a burning desire to do something else stay, save for a deposit for a house, take any training offered that will make you more employable and help you progress.