| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? 09:34 - Sep 27 with 3320 views | unbelievablue |
After tax, that is.
I'd do £50k, maybe £40k. Market is pretty buoyant for my sort of work, I've been here 2.5 years so a decent stint. I could take a few months off and focus on other stuff (trying and failing to write a book), maybe travel a bit, etc. and then go hell for leather for new work in the new year. |  |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 09:42 - Sep 27 with 2830 views | Dubtractor |
I couldn't do redundancy for any value likely to be paid to me.
I've ended up in a job where I'm well paid, but my role is pretty niche, so I'd really struggle to get a similar role without moving to another part of the UK, which I'm not desperate to do.
Edit: mainly added this reply as it is a permanent concern I have, that redundancy could happen, and I'd be fooked if it did, so I spend a lot of time making myself as valuable as possible at work! [Post edited 27 Sep 2024 10:01]
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 09:43 - Sep 27 with 2819 views | soupytwist |
Don't know what you do, where you work or how much you're paid but I think you'd be lucky to get £40k in redundancy after 2 and a half years.
In 2018 I got something like that after 16 years in a fairly well paid job with pretty generous redundancy terms. |  | | |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 09:44 - Sep 27 with 2807 views | unbelievablue |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 09:43 - Sep 27 by soupytwist |
Don't know what you do, where you work or how much you're paid but I think you'd be lucky to get £40k in redundancy after 2 and a half years.
In 2018 I got something like that after 16 years in a fairly well paid job with pretty generous redundancy terms. |
I obviously wouldn't get that, no, just a hypothetical "what would it take to accept it". | |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 09:57 - Sep 27 with 2731 views | noggin |
I can get my pension at 60, in 2 years time. I'd go tomorrow if they offered me arly retirement. |  |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:11 - Sep 27 with 2642 views | Fixed_It |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 09:42 - Sep 27 by Dubtractor |
I couldn't do redundancy for any value likely to be paid to me.
I've ended up in a job where I'm well paid, but my role is pretty niche, so I'd really struggle to get a similar role without moving to another part of the UK, which I'm not desperate to do.
Edit: mainly added this reply as it is a permanent concern I have, that redundancy could happen, and I'd be fooked if it did, so I spend a lot of time making myself as valuable as possible at work! [Post edited 27 Sep 2024 10:01]
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Is adding the gherkins to the burgers considered 'niche' these days?! |  |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:17 - Sep 27 with 2597 views | Dubtractor |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:11 - Sep 27 by Fixed_It |
Is adding the gherkins to the burgers considered 'niche' these days?! |
I actually work in a boutique burger place, so burger dressing is a bit more of a specialised role. | |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:22 - Sep 27 with 2554 views | Kievthegreat |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 09:57 - Sep 27 by noggin |
I can get my pension at 60, in 2 years time. I'd go tomorrow if they offered me arly retirement. |
I worked with a few people who did similar. One of them was getting pretty slow working towards the end, but I tell you, I've never seen a man fill in a form as quick as he did the day redundancy was announced. Didn't waste anytime enjoying it either. He went on a month long cruise 2 days after finishing work! |  | | |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:26 - Sep 27 with 2518 views | homer_123 |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:17 - Sep 27 by Dubtractor |
I actually work in a boutique burger place, so burger dressing is a bit more of a specialised role. |
What do you dress a burger in and is it weather dependent? |  |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:27 - Sep 27 with 2511 views | Kievthegreat |
I think I'm in a similar boat to the OP. If I got that sort of money (unrealistic as I've only been at my employer 2 years), I'd use it as a buffer and go back to contracting. Could probably get remote work as well. | | | |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:28 - Sep 27 with 2496 views | noggin |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:22 - Sep 27 by Kievthegreat |
I worked with a few people who did similar. One of them was getting pretty slow working towards the end, but I tell you, I've never seen a man fill in a form as quick as he did the day redundancy was announced. Didn't waste anytime enjoying it either. He went on a month long cruise 2 days after finishing work! |
You rarely meet a retired ambulanceman. Too many die before they get their pension, which is why I'm going on my 60th birthday. | |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:30 - Sep 27 with 2453 views | JimmyJazz |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:22 - Sep 27 by Kievthegreat |
I worked with a few people who did similar. One of them was getting pretty slow working towards the end, but I tell you, I've never seen a man fill in a form as quick as he did the day redundancy was announced. Didn't waste anytime enjoying it either. He went on a month long cruise 2 days after finishing work! |
Does anyone have any advice on how to retire? I could ask our HR dept but that doesn't sound like a good idea. I assume it's different to just resigning. If you advise you are to retire is there generally a retirement payment made, or am I being unrealistic? Do people literally just have to wait/hope to be offered early retirement? |  |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:32 - Sep 27 with 2440 views | Kievthegreat |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:28 - Sep 27 by noggin |
You rarely meet a retired ambulanceman. Too many die before they get their pension, which is why I'm going on my 60th birthday. |
Everytime they talked pensions, this guy would bring out a chart plotting retirement age vs life expectancy and pointed out (at least on this data that must have been from the 80s) that those who retire younger lived longer.
No good having a good pension if you don't get to enjoy it and if you want to enjoy it you need your health! It would be nice to have a marginally bigger pension pot, but it's a years of enjoyment you'll trade away. There comes a point where if you have enough money, just go enjoy it! | | | |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:34 - Sep 27 with 2418 views | DanTheMan |
I won't put a number on it but about 2 months wages. I could find another job quickly, there's a demand for programmers. |  |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:57 - Sep 27 with 2215 views | EJP |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:30 - Sep 27 by JimmyJazz |
Does anyone have any advice on how to retire? I could ask our HR dept but that doesn't sound like a good idea. I assume it's different to just resigning. If you advise you are to retire is there generally a retirement payment made, or am I being unrealistic? Do people literally just have to wait/hope to be offered early retirement? |
Do you have a staff handbook as there should be information in there about it? The company I work for gives a lump sum on retirement (and they cover the tax too). |  | | |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:59 - Sep 27 with 2198 views | EJP |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 10:17 - Sep 27 by Dubtractor |
I actually work in a boutique burger place, so burger dressing is a bit more of a specialised role. |
If it's Burger King at Copdock then I suspect you'll have plenty of time on your hands, it's deserted since the new McDonalds opened.
And the service in that new McDonalds is terrible! | | | |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:02 - Sep 27 with 2190 views | blueasfook |
I took redundancy at end of Feb this year. Got about 30k pay off in total. Had a month off in Thailand. Started a new job in April with a 20k better salary. Worked out well for me. |  |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:07 - Sep 27 with 2110 views | homer_123 |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:02 - Sep 27 by blueasfook |
I took redundancy at end of Feb this year. Got about 30k pay off in total. Had a month off in Thailand. Started a new job in April with a 20k better salary. Worked out well for me. |
So, you're a Thai lady boy raking it in then Blues.....nice! | |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:21 - Sep 27 with 2012 views | artsbossbeard |
Cutting my days back to 4 then 3 at the beginning of 2025.
I'm somewhat niche job wise and would def get approached by a competitor in the event of redundancy but TBH, I just would like to get out altogether should this happen and pick up a few shifts somewhere for match day beer tokens.
With the above in mind, I'd suspect that I'd be offered circa 6 months money on the proviso that I don't join a competitor (which I won't). |  |
| Please note: prior to hitting the post button, I've double checked for anything that could be construed as "Anti Semitic" and to the best of my knowledge it isn't. Anything deemed to be of a Xenophobic nature is therefore purely accidental or down to your own misconstruing. | | Poll: | Raining in IP8 - shall I get the washing in? |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:21 - Sep 27 with 2003 views | blueasfook |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:07 - Sep 27 by homer_123 |
So, you're a Thai lady boy raking it in then Blues.....nice! |
You want sucky sucky? | |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:22 - Sep 27 with 1994 views | bluelagos |
Your first 30k (from memory) is tax free btw
You only get one go at life and no one ever lays on their death bed wishing they'd spent more time at work.
If you can get a payoff and are confident you can get employed easily enough, what's stopping you? I took an extended break after negotiating an exit from one employer, best 6 months ever. Money in your pocket, new job lined up and not a care in the world job wise
Whole world to see/experience and you see a fuk sight more in 6 months than in 2 weeks. |  |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:28 - Sep 27 with 1947 views | unbelievablue |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:22 - Sep 27 by bluelagos |
Your first 30k (from memory) is tax free btw
You only get one go at life and no one ever lays on their death bed wishing they'd spent more time at work.
If you can get a payoff and are confident you can get employed easily enough, what's stopping you? I took an extended break after negotiating an exit from one employer, best 6 months ever. Money in your pocket, new job lined up and not a care in the world job wise
Whole world to see/experience and you see a fuk sight more in 6 months than in 2 weeks. |
Absolutely.
Just zero chance here of that at this point - only a hypothetical for now. Could be schemes in the medium term future though the way that HE is going. | |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:30 - Sep 27 with 1918 views | thebooks |
Kid at uni, biggish mortgage, unsure job market, bit of debt…
Same as you, probably, although I wouldn’t be able to take time off and would need to find something pretty soon.
There’s no way I’d be offered that. Isn’t the minimum something pathetic like £400-odd quid per year of service? |  | | |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:33 - Sep 27 with 1872 views | bluelagos |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:28 - Sep 27 by unbelievablue |
Absolutely.
Just zero chance here of that at this point - only a hypothetical for now. Could be schemes in the medium term future though the way that HE is going. |
That said, am sat in a Spanish service station after 3 hours of rain and looking at 3 more before I get to my hotel
Fair to say I'd sooner be in the office today. | |
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| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:41 - Sep 27 with 1768 views | soupytwist |
People who've been made redundant often tell the story about how they turned it into something advantageous. My experience is a bit different.
I got what roughly equated to 9 months salary after tax when made redundant after 16 years at the same company in 2018. Not bad.
I spent about four months looking for another job, becoming increasingly concerned about my employability while my family and I carefully lived off the payoff and my wife's salary (more than mine thankfully). I took a part-time role which increased to full time after a few months.
Come the pandemic I was about to switch jobs but that didn't happen when companies were busy furloughing their existing staff. I left where I was anyway as it made sense to be not working given my wife's job at the time and we thought we could make it work.
I returned to employment in 2021 and have been earning about three-quarters of my 2018 salary ever since.
I've probably done the whole career thing wrong, but it wasn't all "walked out of one job with a bundle of cash in my pocket (although I did have that) and into a much better paid job a week later". | | | |
| Similar note to Clive's thread: what £ would you take tomorrow in redundancy? on 11:45 - Sep 27 with 1719 views | SuperKieranMcKenna |
£16m… I’ve got my application in for the Chelsea manager’s job. |  | | |
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