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Voluntary Redundancy - should I take it ???

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Voluntary Redundancy - should I take it ???

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Old Jan 24th 2006, 8:25 pm
  #1  
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Default Voluntary Redundancy - should I take it ???

I've only been in my job for 5 months but they are now offering voluntary redundancies which would be worth 4 months salary to me.
I work in IT/insurance, have only been in the US for 6 months and had this job lined up before I came out - my question is if I take the money and run will I struggle to get work elsewhere based on my limited time in the US - I've heard of other posters' job hunting hassles and it puts me off a bit.

Anyway, opinions welcome
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Old Jan 24th 2006, 8:27 pm
  #2  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
I've only been in my job for 5 months but they are now offering voluntary redundancies which would be worth 4 months salary to me.
I work in IT/insurance, have only been in the US for 6 months and had this job lined up before I came out - my question is if I take the money and run will I struggle to get work elsewhere based on my limited time in the US - I've heard of other posters' job hunting hassles and it puts me off a bit.

Anyway, opinions welcome
does your visa allow you to change jobs? i think mine is only for the job i came here for but i'm really ignorant about this stuff

big help i am!
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Old Jan 24th 2006, 8:28 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by cutina
does your visa allow you to change jobs? i think mine is only for the job i came here for but i'm really ignorant about this stuff

big help i am!
Yep - i got a green card through the lottery
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Old Jan 24th 2006, 8:31 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
Yep - i got a green card through the lottery
~

ok... now it makes sense... i didn't realise UK citizens were eligible for that?
4 months pay isn't bad...
why are they making redundancies? would it be dodgy for you to stay around?
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Old Jan 24th 2006, 8:33 pm
  #5  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
I've only been in my job for 5 months but they are now offering voluntary redundancies which would be worth 4 months salary to me.
I work in IT/insurance, have only been in the US for 6 months and had this job lined up before I came out - my question is if I take the money and run will I struggle to get work elsewhere based on my limited time in the US - I've heard of other posters' job hunting hassles and it puts me off a bit.

Anyway, opinions welcome
Absolutely old boy! They might hire you back too! Use some of the money to set up a consultancy service, and hire yourself out to them at five times the rate they were paying you!

Not legal advice, just discussion and joking around.
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Old Jan 24th 2006, 8:39 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
I've only been in my job for 5 months but they are now offering voluntary redundancies which would be worth 4 months salary to me.
I work in IT/insurance, have only been in the US for 6 months and had this job lined up before I came out - my question is if I take the money and run will I struggle to get work elsewhere based on my limited time in the US - I've heard of other posters' job hunting hassles and it puts me off a bit.

Anyway, opinions welcome
hiya how long have you got before you have to make your decision...maybe time to take a look at the job situation???
good luck
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Old Jan 24th 2006, 8:40 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by cutina
~

ok... now it makes sense... i didn't realise UK citizens were eligible for that?
4 months pay isn't bad...
why are they making redundancies? would it be dodgy for you to stay around?
I'm from Northern Ireland and as that's God's own country we are allowed to enter the lottery
In a nutshell they are making redundancies as part of a restructuring to gain favour with institutional investors and financial analysts.
Given that my team is the only one in an IT department of about 3,000 people allowed to hire new staff this year I reckon that my job is safe if I don't take the offer, but 4 months after having only been here since september is pretty tempting.
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Old Jan 24th 2006, 8:41 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by TruBrit
hiya how long have you got before you have to make your decision...maybe time to take a look at the job situation???
good luck
Til the end of feb to make my mind up - obviously if i could have something else lined up by then i would be....dada da da da, lovin' it.
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Old Jan 24th 2006, 8:42 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
Til the end of feb to make my mind up - obviously if i could have something else lined up by then i would be....dada da da da, lovin' it.

well get off this website and get lookin'
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Old Jan 24th 2006, 8:44 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
I'm from Northern Ireland and as that's God's own country we are allowed to enter the lottery
.

lol sorry don't agree...i've been brain washed into thinking i'm in god's own country
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Old Jan 24th 2006, 8:44 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by TruBrit
well get off this website and get lookin'
I never look at job websites at work - i might get sacked
So i'm off home in 10 minutes to have a butchers
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Old Jan 24th 2006, 8:50 pm
  #12  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
I never look at job websites at work - i might get sacked
So i'm off home in 10 minutes to have a butchers
smart guy lol thought you were at home now...ok get lookin' and good luck...keep us posted...cheers
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Old Jan 24th 2006, 8:55 pm
  #13  
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Default Re: Voluntary Redundancy - should I take it ???

4 months pay seems like a lot but you will soon use that up while you are off, you tend to spend more just sitting around than when you are at work. Are you eligible for unemployment? I thought I would get another job easily given my experience, but it took me 7 months! I don't know what the opportunities are like in your field and your part of the country? Could be a good opportunity to take 4 months pay and see some of the US, all depends how you are fixed, your debt, expenses. So many variables, only you know your own situation best.
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Old Jan 24th 2006, 9:01 pm
  #14  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
Yep - i got a green card through the lottery
You lucky so and so ... well, Alaska is "calling you too too too you you you". Apparently, jobs are opening up as the suicide rate climbs ...

Cruise ships seem to be a growing industry - they have computer rooms for passengers to use, and maybe they need new employees to look after them. Oh, live on the rolling waves ... ay aye ... up she rises ... who knows, you could meet a widowed rich American and Bob (not our Bob)'s your uncle.

Think big, think wide, and go for it! You only live once!
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Old Jan 24th 2006, 9:10 pm
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by User Name
You lucky so and so ... well, Alaska is "calling you too too too you you you". Apparently, jobs are opening up as the suicide rate climbs ...

Cruise ships seem to be a growing industry - they have computer rooms for passengers to use, and maybe they need new employees to look after them. Oh, live on the rolling waves ... ay aye ... up she rises ... who knows, you could meet a widowed rich American and Bob (not our Bob)'s your uncle.

Think big, think wide, and go for it! You only live once!
Christmas is over, time to take down the jingle bells
Brilliant idea of the Alaskan cruise ship, you might meet James Robertson Justice or Dirk Bogarde
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