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Got made redundant today

Life's about to get interesting!
Virtual sealed pot challenge #036 - 19/01/09-1/12/09 = £483.71/£750
Lightbulb moment: Feb. 2008
«1

Comments

  • Merlot
    Merlot Posts: 1,890 Forumite
    Sorry to hear your news.

    If you are in debt, then post an SOA and we will see what we can do for you.

    Depending on your line of work, try logging onto Monster.com or job site website, my OH worked as an agency worker for 2 years after he got made redundant and it turn out to be the best thing to happen to us, more money, less hours and certainly less stress.

    Merlot.x.
    "Wisdom doesn't automatically come with old age. Nothing does, except wrinkles. It's true, some wines improve with age. But only if the grapes were good in the first place." — Abigail Van Buren
  • chal
    chal Posts: 161 Forumite
    Thanks for the reply.

    Not in debt, except for mortgage (so in other words, deeply in debt :) )

    I've already spoken to a couple of recruiters, but I'm not particularly interested in the locations they're talking about. I figure I'll give it three to four weeks to see what is available and then start contracting.
    Virtual sealed pot challenge #036 - 19/01/09-1/12/09 = £483.71/£750
    Lightbulb moment: Feb. 2008
  • chal
    chal Posts: 161 Forumite
    Got a job offer today, so I'm a happy bunny. Let the recruiters do all the work, so I've had an easy two weeks in the bargain :)

    I'm lucky to be in the position that I don't need to accept the first job I'm offered but as it turns out, this is perfect in terms of role and location so it's the one I'm going for.
    Virtual sealed pot challenge #036 - 19/01/09-1/12/09 = £483.71/£750
    Lightbulb moment: Feb. 2008
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    Do you recieve all of your redundancy payments? Accrued holiday, pay in leiu of notice, etc?
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • chal
    chal Posts: 161 Forumite
    All that will be coming with the June payroll payment - I'm technically still employed by my last company, but I don't have to work my notice period. In fact, I'll probably be starting my next role while still employed by the previous place - there's a week's overlap - so double money during that period :) Need to check what the tax implications of that.

    Holidays, unfortunately, are counted across the financial year so I'll only have earned a few in the 7 weeks or since the 2008/09 financial year began. Hardly something to complain about though ;)
    Virtual sealed pot challenge #036 - 19/01/09-1/12/09 = £483.71/£750
    Lightbulb moment: Feb. 2008
  • nimbo
    nimbo Posts: 3,701 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    hope that you have a great first day in the job, and congrats...

    Stashbuster - 2014 98/100 - 2015 175/200 - 2016 501 / 500 2017 - 200 / 500 2018 3 / 500
    :T:T
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    Bit nosey aint ya :mad:
    LOL no I'm not being nosey. All too often people are made redundant and are fobbed off with inadequate redundancy packages which don't include their basic statutory or contractual rights. I asked in case this was the case with the OP. I'm not a nosey parker.. I work for the CAB!!!
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    chal wrote: »
    All that will be coming with the June payroll payment - I'm technically still employed by my last company, but I don't have to work my notice period. In fact, I'll probably be starting my next role while still employed by the previous place - there's a week's overlap - so double money during that period :) Need to check what the tax implications of that.

    Holidays, unfortunately, are counted across the financial year so I'll only have earned a few in the 7 weeks or since the 2008/09 financial year began. Hardly something to complain about though ;)
    Ok that's great. :) Good luck with the new job and glad everything's been a smooth transition for you!
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • Dinah93
    Dinah93 Posts: 11,466 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Bake Off Boss!
    If you have a union check with them that it is okay to start at the new job before you are technically finished at the old one. When my mum was made redundant there had to be a month between her old job ending and the new one starting, or she wouldnt get her redundancy settlement. As it was in excess of £20k she received, she 'volunteered' for 2 weeks at the new job before becoming a paid employee. Incidentally they initially offered all the workers under £2k in a flat settlement, the union fought for them and got them a decent settlement, as many people, my mum included, had worked there 15 years or more. Always worth a check of your contract or with the HR department or union.
    Debt January 1st 2018 £96,999.81
    Debt September 20th 2022 £2991.68- 96.92% paid off
    Met NIM 23/06/2008
  • chal
    chal Posts: 161 Forumite
    I would hate to think what a union containing software engineers would be like! Get 100 SEs in a room, and if two agree it's a majority :)

    Thanks for the suggestion though.
    Virtual sealed pot challenge #036 - 19/01/09-1/12/09 = £483.71/£750
    Lightbulb moment: Feb. 2008
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