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Voluntary Redundancy - should I take it ???

View Poll Results: Voluntary Redundancy - should I take it ??
Yes
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Voluntary Redundancy - should I take it ???

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Old Jan 24th 2006, 9:24 pm
  #16  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by User Name

you could meet a widowed rich American and Bob (not our Bob)'s your uncle.
Wonder what his missus would have to say about it.....
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Old Jan 24th 2006, 9:30 pm
  #17  
 
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by lionheart
Brilliant idea of the Alaskan cruise ship, you might meet James Robertson Justice or Dirk Bogarde
Or Sid James....HU HU HU HU HU
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Old Jan 24th 2006, 9:31 pm
  #18  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by lionheart
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
Yeah, your right ... somebody said its unlucky not to take down the Christmas tackle before a certain date. I am off to fetch a ladder ...
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Old Jan 24th 2006, 9:42 pm
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Default Re: Voluntary Redundancy - should I take it ???

Carry on up the Yukon

Starring ....

Big Davy G as the IT bod
Sid james as Captain Hammock
Barabara Windsor as Nurse Shirley Urjoking
Kenneth Williams as Doctor Ben Dover
Charles Hawtrey as Purser String
Bernard Bresslaw as Slightly thick and ugly, horny tourist
Hattie Jacques as the Ships ballast
Kenneth Connor as The Short Steward (isn't he always)
Jim Dale as Entertainments Officer Ivor Biggun
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Old Jan 24th 2006, 9:44 pm
  #20  
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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
Think a lot of it depends on if you have family. Four months salary won't get you that far if you have kids and then can't find another job. If you don't have any of those responsibilities then figure out how much you really like your job, you know weight the pro's and con's. Good luck!
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Old Jan 24th 2006, 10:01 pm
  #21  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by izibear
Wonder what his missus would have to say about it.....
... well, that's put a socket wrench in an otherwise fine plan Ollie.
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Old Jan 24th 2006, 11:29 pm
  #22  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by lionheart
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?....
normally have to be somewhere for six months before getting unemployment, but then that depends on the state...
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Old Jan 24th 2006, 11:33 pm
  #23  
 
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Default Re: Voluntary Redundancy - should I take it ???

Is it me or is this thread stuck on page 1
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Old Jan 24th 2006, 11:43 pm
  #24  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by gruffbrown
Is it me or is this thread stuck on page 1

hiya, yep i have the same prob
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Old Jan 25th 2006, 2:11 am
  #25  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by Bob
normally have to be somewhere for six months before getting unemployment, but then that depends on the state...
I had to sign one of those affadavit of support thingies before I came here, so no - i am not eligible for unemployment, plus if i take voluntary i shouldn't think that i'd be eligible for food stamps anyway.
Dusted off the cv and updated it there - now to get it out there, though i notice that lots of companies make you fill out an online application form which is a bit of a pain in the ass.
Anyway, the search is commencing - i have 6 weeks to find something else with the reward being 3-4 months extra salary which would conveniently be enough to clear all my UK debt including student loans, plus leave me with enough for a decent down payment on a car
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Old Jan 25th 2006, 11:32 am
  #26  
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Default Re: Voluntary Redundancy - should I take it ???

Good plan to find something else before you leap.

Many high-tech companies have the right to refuse someone's asking for voluntary redundancy. This is a polite way of saying that if they want to sack you, and you ask for redundancy, they'll give it to you; but if they don't, they won't. Because of this stigma, sometimes future employers look on those who took voluntary redundancy as sub-average workers.

If you end up taking it without another job lined up, or take it anyway, it's best if you can truthfully say that you and all your colleagues in your department, division, product line -- whatever -- were mercilessly annihilated, but that you don't take it personally.

As a USC I would not take VR if I'd been in a position less than a year without something 100% sure to go to, because of the unemployment insurance payout issue, and because a year shows that you can stick to a job for a reasonable amount of time.

And of course, the IT industry is still not back to previous staffing levels. Are you willing to relocate? take a pay cut? retrain in a different field? Most people find themselves out of work for a LOT longer than they had anticipated.

Best of luck with whatever you decide.
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Old Jan 25th 2006, 1:00 pm
  #27  
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Default Re: Voluntary Redundancy - should I take it ???

You might think that that if you take the voluntary redundancy, you'll be safe in your job but maybe within the next year, you'll be laid off anyway. This could be reasons such as your job being outsourced (overseas) or your section being sold off.

On the other hand, if you take the vol. redundancy do you have an idea how long it'd take to get another job? What's the job market like for your industry in your area? Are/have employers in your industry and your area laid off workers too?
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Old Jan 25th 2006, 2:45 pm
  #28  
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Default Re: Voluntary Redundancy - should I take it ???

Thanks for the advice folks.
I have 45 days from now to accept the VTO offer which has been made available to all IT staff (so its not just cos I'm a muppet !!).
So that's basically 45 days to find something else or else I'll stay here.
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Old Jan 25th 2006, 2:47 pm
  #29  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by BigDavyG
Thanks for the advice folks.
I have 45 days from now to accept the VTO offer which has been made available to all IT staff (so its not just cos I'm a muppet !!).
So that's basically 45 days to find something else or else I'll stay here.
Do you like your job/company?

Good luck with your search!
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Old Jan 25th 2006, 2:53 pm
  #30  
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Default Re: Voluntary Redundancy - should I take it ???

Originally Posted by Partystar
Do you like your job/company?

Good luck with your search!
No, it sucks ass - why do you think i'm on here so much.
Well, actually it could be worse but it is extremely boring. Some of my colleagues are a good laugh though.
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