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New job offer

A couple of weeks ago I was offered a new role at my current place of work, I initially said I was interested, but have been having second thoughts. Now, having received the official job offer letter and terms of contract I am having even more doubts. One of the reasons is that the offered pay increase doesn’t seem reflective of the increased responsibilities, but the main reason is that by signing a new contract I would be losing access to the civil service redundancy compensation scheme.  This would mean in the event of redundancy I would receive less than a third of a year’s wages as opposed to over a full year’s wages. Also my gut instinct now is that I don’t want the increased responsibility or the stress that the job would entail
How do I go about turning the offer down now, after initially saying I was interested? There was no application or interview process and nothing in writing such as a job description initially.
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Comments

  • Dox
    Dox Posts: 3,116 Forumite
    1,000 Posts Third Anniversary Name Dropper
    How about telling the truth? You might even get a better offer from your employer if you do.
  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 21 June 2020 at 7:22PM
    Drop an email back. 'many thanks for information recieved on xxxx. After careful consideration I have decided not to take this opportunity further'.


    Forty and fabulous, well that's what my cards say....
  • sharpe106
    sharpe106 Posts: 3,558 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker

    Turn it down and explain why they may offer you better terms or may just say thank you very much and move onto somebody else.


  • JReacher1
    JReacher1 Posts: 4,663 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    what are the chances of you being made redundant? If it’s very unlikely that is an irrelevant point really. 

    If you want the job and it’s just not enough money ask for a better package. 
  • Dox
    Dox Posts: 3,116 Forumite
    1,000 Posts Third Anniversary Name Dropper
    JReacher1 said:
    what are the chances of you being made redundant? If it’s very unlikely that is an irrelevant point really. 

    If you want the job and it’s just not enough money ask for a better package. 
    After the events of this year, even the 'very unlikely' could be come the 'all too probable'. That's a huge safety cushion to be losing.
  • JReacher1
    JReacher1 Posts: 4,663 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've been Money Tipped!
    Dox said:
    JReacher1 said:
    what are the chances of you being made redundant? If it’s very unlikely that is an irrelevant point really. 

    If you want the job and it’s just not enough money ask for a better package. 
    After the events of this year, even the 'very unlikely' could be come the 'all too probable'. That's a huge safety cushion to be losing.
    Yeah but In the civil service you tend to know whether redundancy is looming or not. 

    For me the question is whether the OP ever wants to get promoted and advance their career.  Either they stay in the same role for ever to protect a hypothetical redundancy payment or they take the risk and get promoted. 
  • sharpe106
    sharpe106 Posts: 3,558 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Why would you be losing access to the civil service redundancy compensation scheme?
  • sharpe106 said:
    Why would you be losing access to the civil service redundancy compensation scheme?
    By signing a contract with the private company that bought us out. 
    The chances of redundancy in my current job are very small, but not in the team where the new job is.

    I think that deep down I really just don’t want the job and am happy with the status quo, it’s just the awkwardness of having to turn it down when I’d initially said I was interested. 
  • sharpe106
    sharpe106 Posts: 3,558 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Just say you have thought about it and have decided it is not really for you.
  • JayRitchie
    JayRitchie Posts: 563 Forumite
    Seventh Anniversary 500 Posts Name Dropper
    sharpe106 said:
    Why would you be losing access to the civil service redundancy compensation scheme?
    By signing a contract with the private company that bought us out. 
    The chances of redundancy in my current job are very small, but not in the team where the new job is.

    I think that deep down I really just don’t want the job and am happy with the status quo, it’s just the awkwardness of having to turn it down when I’d initially said I was interested. 
    Would you lose the civil service pension scheme also?
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