I really need to some advice here

[Dearymee]

I’m going to try and make this as unidentifiable as possible for what will become obvious reasons. Salaries are adjusted to be not identifying but are not base rate tax payer salaries.

im in tech and I I started a new role 4 months ago, got a pay rise to 60k. How ever they’ve jut put me at risk, and it looks like it’s rapid turn around for compulsory redundancies. As of yet I don’t know if I’ll be selected BUT last In first out tends to be the way BUT tbh I would say I’m the best and most qualified person for the job. BUT I’ve no indication either way and the entire department was advised to look for other roles outside the business and to use our connections and even to go back to our old employer if we can. 50% of us will be going. However, the whole thing has been handled very very poorly (I won’t go into it but it’s jaw dropping) As a result there will be a settlement (over 10k)

so I’ve been looking

I’ve got an interview (65-80k)and then a final informal chat on another (55k) realistically the former is probably out of my reach

i pulled in a connection and got a wink wink nudge nudge tenative we’ll Mickey Mouse the interview at my old employer. Different role but same salary range. BUT the max salary is 5k less than my current salary and they won’t pay me the max. So I’d be looking at 7 maybe even 10 less, but the job isn’t live yet so I don’t know. BUT the benefit package is a lot better. I sort of feel indebted to them now.

BUT I still don’t know if I’m going to be laid off.

leaving only makes sense IF I’m being laid off and will get a settlement. I can probably make that happen if I put myself forward for it but I have to do it very very soon.

ultimately my views on my current work place have changed and the culture has taken a massive shift and it’s become very unpleasant. That being said I could make it work, if I wanted (if not laid off) but I don’t want to.

so my options as I see it;

do nothing - get laid off, my old employer don’t shaft me and offer 7k pay cut to 53k. Fine. Settlement and benefits work to not put me at a financial disadvantage.

do nothing but NOT laid off - and quit. No settlement and pay cut in other job= financial disadvantage.

put myself forward for redundancy- get settlement go to old employer, fine

put myself forward for redundancy- settlement but old employer shafts me pay wise and don’t get to other jobs and I’m stuffed. unlikely but still in the realm of possibility

do I put myself forward for being laid off as I think leaving is the best bet for me but it only makes financial sense if I get a payout.

do I do it?

It’s the same, but again it’s not been well communicated

Oops sorry, thanks for the heads up!! X

Sorry everyone! User Error!! Xx

So now I’ve got 2 offers.

Place a) 5k less than my current role (but with increased outlay like more days in the office and higher employee pension sacrifice to get to slightly less overall pension contribution compared to place b) and slightly less benefits like CIC and income protection and health insurance all of which I use

place b) 5k less than place a and 10k less current place but with more holiday, less employee pension contribution but an overall larger pension contribution (employer pays more) higher levels of cic and IP included as part of package and health insurance.

What would you do?

place a and b in terms of take home at the end of the day despite higher salary are neck and neck.

after tax and deductions and commuting there’s £300 a month before place b and my current place and £250/300 between place a and my current place (a month)

that’s just money not touching on how much of a shit show my current place is

How long can you wait it out? Maybe you'd have time to see about the roles you have interviews for before going back to your old employer?

It isn't always last in first out. You mention being the most qualified for your role, I was the last into my team and now I am the team.

That said, once layoffs start it's sometimes better to get out. The workplace environment definitely changes once 10, 25, 50% of the team has gone.

Accept b but keep looking. If you find something else, withdraw your acceptance on b.

This is obviously accept b to start AFTER you've received your payoff from current role.

Not before.

Out of A and B, which has more chance of progressing in future? Either by promotion or by making you more attractive to future employers?

If they are equivalent, I’d take B.