Question about quitting a job!

MrWolfy

Hi guys,

I'm a newbie on here but often read the forum offline as always find that people give good advice on here.

I'm in a slight predicament and need some help, which i'm hoping i'll get here.

To cut a long story short, I have been working for my current employer for over 6 years. Changes in corporate culture, teams and competitors has introduced alot of pressure, unrealistic workload and there is currently alot of backstabbing, politics and members of the team at management level that aren't pulling their weight, leading to sub-ordinates stressing out. I've got the short straw and been put on a capability plan which keeps on extending by HR for no valid reason in my eyes and despite providing evidence on all work done or reasons why it wasn't (obstacles out of my control) it is getting increasingly difficult for me to work here.

I have been stressed out and been feeling depressed for that past few months, I've stuck at it and promised myself i'll find another job, however I'm struggling to find the time due to work pressures.

I am now seriously considering handing in my notice tomorrow as its got to the point where I can't take it much longer and life is too short. This is something I've considered numerous times for the past few months but managed to put it off. I'm not sure I can any longer.

I realise there is a risk of being jobless for a while (which is a risk i'm willing to take). I'm just wondering what happens with my private pension that my workplace pays. Does it just stop and pay off when I retire. What happens if my new workplace has a private pension. Does this just start fresh and then when I retire both pay off?

Also, I understand I won't get JSA and i'm fine with that. However, do I have to do anything else whilst i'm unemployed temporarily for tax purposes or anything?

I have a 5 week notice period to give so am hoping I can find something before then.

Appreciate if someone can help/advise on this please.

[Deleted User]

OP I vote bang on take your own advice x

If you give advice, dont expect any back, sorry
That how it rolls round here, gold star on length not quite as bad as keep calm,
Life is short, you'll work it out, live for the moment you'll always get by

mumcoll

Do it! My OH did this a few months ago as his job (well, as you, the culture, management etc.) was making him ill. Nothing is worth losing your sanity for.

Sorry I don't know enough about pensions to advise on that aspect.

Good luck!

Takeaway_Addict

Deleted%20User wrote: »

OP I vote bang on take your own advice x

If you give advice, dont expect any back, sorry
That how it rolls round here, gold star on length not quite as bad as keep calm,
Life is short, you'll work it out, live for the moment you'll always get by

what....................?


OP- do what makes you happy IMO. You could always see the doctor and get their opinion and if they sign you of for a couple of weeks it might give you the breathing space to properly think about your options. Just try not to let it become a long term issue.

RuthnJasper

Deleted%20User wrote: »

OP I vote bang on take your own advice x

If you give advice, dont expect any back, sorry
That how it rolls round here, gold star on length not quite as bad as keep calm,
Life is short, you'll work it out, live for the moment you'll always get by

Are you OK...?

MrWolfy

Thanks for the replies. I'm OK with handing it in tomorrow and calling it a day. I've still got plenty of time to find something else and if not, then I do see a bit of light - i.e. I can see there are plenty of temp jobs with immediate start in my field that I could easily fit into. I'm actually finding quite a lot of new employers wanting people to start ASAP and my lengthy notice period can be off-putting.

I'm just not sure on the private pension bit (I've tried reading about it but it don't make much sense to me so hoping someone 'in the know' can break it down for me. Also, what happens re: Tax?

As for my reason of leaving, i'm just going to say I've found another job and before i start it I'll go travelling. Is this the right thing to do?

Technically Its not true but I don't wish to leave on bad terms or argue, I've just had enough and its got to the point that exiting without any further tension will make me happy.

Thanks again on any advice I receive on this?

jobbingmusician

Just to warn you, in case you thought you were going to claim, that you should sign on for benefits if you need to do so, but you won't get JSA for a period if you choose to leave your current job.

This is not to discourage you if you need to leave, but I'd hate you to leave and THEN discover this!

*Scarlett

Do still go and sign on for benefits. You'll probably not get JSA but your NI contributions will be paid so you'll not have to pay these yourself for the time unemployed.

Good luck

Takeaway_Addict

jobbingmusician wrote: »

Just to warn you, in case you thought you were going to claim, that you should sign on for benefits if you need to do so, but you won't get JSA for a period if you choose to leave your current job.

This is not to discourage you if you need to leave, but I'd hate you to leave and THEN discover this!

The op has said they know they won't get JSA

Mrs_Soup

With pensions eitehr you end up with a number of private pensions that all then pay something when you retire or some schemes will allow you to transfer contributions from an old scheme into a new one- all depends on the particular scheme at you new job. You don't need to do anything about tax if you plan to work again this tax year as it will all get sorted out via PAYE when you start work again - your P45 will detail how much you have paid so far. If you don't work again this tax year then you could get a refund depending on how much you have paid.

SaulGone

as you say "life is too short". Do what makes you happy .. you will be happier for it in the long run