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Money Moral Dilemma: Should my daughter return to work for the company that made her redundant?

24

Comments

  • Jemma01
    Jemma01 Posts: 735 Forumite
    Fifth Anniversary 500 Posts Photogenic Name Dropper

    I wouldn't return, the new owners will say anything to try and revive the company. You don't move from struggling to great! It takes time for a company to recover. I wouldn't risk it

    Most importantly, if she returns, will she be on probation?

    I'm FTB, not an expert, all my comments are from personal experience and not a professional advice.
    Mortgage debt start date 11/2024 = 175k (5.19%)... Q1/2026 = PAID (3.94%)
  • monkey-fingers
    monkey-fingers Posts: 395 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
  • graymanuk
    graymanuk Posts: 11 Forumite
    Ninth Anniversary 10 Posts

    There's no moral dilemma, just a career decision. Treat it the same as if your daughter had never worked there previously. If the job, conditions and future outlook are significantly better than her current position then it could be worth moving. If not, stay put or look around to see what's available. As others have said, don't move because of friendships with ex-colleagues as things always change.

  • neilmorgan
    neilmorgan Posts: 69 Forumite
    Tenth Anniversary 10 Posts Combo Breaker

    Not a dilemma.
    Probably still not a dilemma if they had offered a substantial pay rise.
    New owners doesn't guarantee secure jobs.

  • Afourteen
    Afourteen Posts: 102 Forumite
    Eighth Anniversary 10 Posts

    I'd be cautious - depending on how long it is since she was made redundant there could be Tax implications. On the whole I'd say it is better not to return to the previous employer.

  • If your daughter is settled in her new job and is earning more it would be a bit of a risk to give it all up to go back to her previous job, which could be quite different with new owners. Her redundancy obviously came about because the firm was in financial difficulty leading to them having to sell, not because she was considered unsuitable. Surely she can still socialise with the friends she previously worked with. If however she is determined to go back to the new firm, she should be aware it may not be the job she previously loved as new owners have new ideas, also I cannot see how she would have any recourse if she was made redundant again because it would have been her decision to leave her present employment to go back to her old job.

  • the_mandarin
    the_mandarin Posts: 120 Forumite
    Part of the Furniture 10 Posts Name Dropper Combo Breaker

    The questions that she should ask herself are:

    1. Is she content at her current job (based on salary, and whether she is "happy" at work)
    2. If at all she is considering going back to the old workplace, what is the main reason? If it's friends, friends can always meet after office hours! If it's the past work culture/atmosphere, that is likely to have changed under the new owners.
    3. If the answer to (1) above was yes, then unless she can find a professional reason (growth prospect, better use of her qualifications, etc) - "I'm afraid it's a NO from me" 😊
  • Androcles
    Androcles Posts: 79 Forumite
    Part of the Furniture 10 Posts Combo Breaker

    She’s moved on, so stay moved on…..

  • CobraMist
    CobraMist Posts: 2 Newbie
    First Post

    Focus on your career objectives. It would be a mistake to return to the previous employer just because you have friends there - if they are true friends, you can meet them socially.

  • Pollycat
    Pollycat Posts: 36,284 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Savvy Shopper!

    It's not a moral dilemma.

    It's a career decision.

    It's not a money dilemma.

    The salary offer is the same as she's currently on.

    If it was me, I'd be considering the long term prospects of both jobs.

    And considering that one company was previously in trouble…

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