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Doshwaster

Jox wrote: »

Redundancy pay could be £6k so not too bad if I got that

Of course it depends on how long you could live on it without a job to go to.

The best case scenario is that you get made redundant when you already have a new job lined up to go to. That way you can use any redundancy/notice money to pay for a nice holiday before starting the new job.

Last March I was told I was being considered for redundancy so started job hunting and having interviews. In April I was told that I was redundant with immediate effect so I got a month in lieu of notice + redundancy + accrued holiday pay and then got offered a new job a few days later. The new place said they didn't need me for another 2 weeks so I booked a last minute holiday in the sun to celebrate.

Redundancy can be a confusing and worrying time but the most important thing to remember is not to panic. It's happened to me twice in my career and both times it has worked out for the better. If the ship is sinking you are better off getting paid to leave than be there when the company collapses.

Takeaway_Addict

Jox wrote: »

I can run the admin of the office but not the money making part of the business!

Just out of interest for a lamen like me

if no one is creating business how is there admin?

getmore4less

Doshwaster wrote: »

Of course it depends on how long you could live on it without a job to go to.

The best case scenario is that you get made redundant when you already have a new job lined up to go to. That way you can use any redundancy/notice money to pay for a nice holiday before starting the new job.

Last March I was told I was being considered for redundancy so started job hunting and having interviews. In April I was told that I was redundant with immediate effect so I got a month in lieu of notice + redundancy + accrued holiday pay and then got offered a new job a few days later. The new place said they didn't need me for another 2 weeks so I booked a last minute holiday in the sun to celebrate.

Redundancy can be a confusing and worrying time but the most important thing to remember is not to panic. It's happened to me twice in my career and both times it has worked out for the better. If the ship is sinking you are better off getting paid to leave than be there when the company collapses.

Less than 5 years service is a big difference to 10years plus 11 years soon.

TBagpuss

I would start job hunting. Get a feel for what jobs areout there, and get a bit of practice with interviewing.

If you are offered a job you could at that point speak to you employer, say that it is clear that they are not maintaining the business and say that you are open to accepting voluntary redundancy - it may suit them to tie this in with when the peson on maternity leave is due back, if they want to keep the office open for the tim being.