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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To take redundancy and start again?

42 replies

Roopdedoop · 18/06/2025 22:43

My employer has been offering voluntary redundancy, a pretty generous package…….
i don’t particularly like my job, although I’ve been acting up for nearly 2 years for a
role I have worked hard for and was told I would be upgraded soon. I considered redundancy but withdrew as I wanted to keep what I’d worked for. I’ve now been told they are no longer giving me the promotion and it was a bit of a waste of times so feeling really undervalued and demotivated.

i went back to HR and enquired and they have offered me the redundancy package to leave either end of July or end of August. I dont know what to do. Is the job market really so hard now? Keep hearing that it is. I’m no spring chicken but I also will have a mortgage to pay for another 25 years, just bought a house. Scared I will make the wrong choice. If I could get another job quickly it could be life changing. I could pay off all my debt and start over. If I don’t though I’m throwing away a stable job, but one with no prospect for
development.

sorry for the long post, thank you if anyone reads it!

OP posts:
rosiebl · 19/06/2025 07:29

If you don't like your job and the promotion opportunity has disappeared, I would be tempted to take the redundancy. Will your employer allow you leave during the next 6/10 weeks to do interviews?

Cannings · 19/06/2025 07:33

I'd take it (and did last autumn )...If they end up going compulsory, then the generous offer will probably not exist, and will be statutory minimum instead.

If you have a degree or similar, then maybe look at exam marking type jobs to keep your money ticking over while you job hunt?

HoskinsChoice · 19/06/2025 07:39

I'd take it. If you're open-minded enough to accept a drop if necessary, you're safe. This country is awash with junior roles that we can't fill because nobody wants to do them. Hopefully you won't need to but good that you have a back stop. Just be aware that recruitment drops off a cliff round about now and through the summer (it's too inefficient to recruit during the holiday months) so vacancy numbers will be disproportionately low until around the first/second week of September.

Sw1989 · 19/06/2025 07:49

I recently took voluntary redundancy from the university sector. Absolutely hated my role and had no progression, toxic senior management gas lighting constantly, and had talked myself out of applying for VR twice previously when it was offered. I was also studying part time so it gave me some breathing space to finish my masters. It did take me 4 months to find a job but the redundancy package was more than enough to tide me over (nearly a years salary). I'd say get your figures and if the moneys right, go for it!

Sleepyheads123 · 19/06/2025 08:02

25k is only just over minimum wage so if that’s all you need I would take the package! Good luck

MrsMoastyToasty · 19/06/2025 08:09

I would take the redundancy and do temp work to keep the money coming in until the dream job turns up.

LucyCheesey · 19/06/2025 09:22

Take the redundancy if you can afford to live on £25k, you’re bound to get something on that salary. Would you be interested in stepping into a project manager role? Ask them to pay for your training as well?

I think it will be hard to match your current salary in a project support role (hard to know though without knowing sector and location) but you can definitely achieve that salary if you step up to be a project manager

JustMyView13 · 19/06/2025 10:51

Take redundancy & finish end of July.
Use the time between now & then to apply for other roles, and make it like a full time job. They have to give you reasonable time off to interview, so better done on their time. Tell all employers you’re available from 1 September to start. That’ll come round fast and be very appealing to employers who don’t want to have to wait for drawn out notice periods.

BIossomtoes · 19/06/2025 10:56

Redundancy was the best thing that ever happened to me. It got me out of a dead end job I’d never have left otherwise because it was too comfortable. Leave at the end of August and apply for everything that appeals in the meantime.

tourdefrance · 19/06/2025 10:56

I’d take the redundancy. If you can make your mortgage offset, the lump sum can be reducing your debt without eating into the cash.?

Reallyyyyyy · 19/06/2025 11:12

Yes I would. Life is too short to be miserable. Just up the job hunt

raysan · 19/06/2025 11:17

100% take it.
I did similar in late 20s in a recession, and so glad I did. One colleague who fought for her job was never treated equally to the rest of the team.
Also had that 'promised' promotion - absolutley worthless, altho I do use the job title now (since I'm not going that far back for references)

Rollercoaster1920 · 19/06/2025 13:39

Another vote for redundancy. Less then 30k is tax free so bear that in mind for your calculations.

Roopdedoop · 20/06/2025 06:02

Sw1989 · 19/06/2025 07:49

I recently took voluntary redundancy from the university sector. Absolutely hated my role and had no progression, toxic senior management gas lighting constantly, and had talked myself out of applying for VR twice previously when it was offered. I was also studying part time so it gave me some breathing space to finish my masters. It did take me 4 months to find a job but the redundancy package was more than enough to tide me over (nearly a years salary). I'd say get your figures and if the moneys right, go for it!

Also in education sector. Used to love it here but it’s not what it was. Time for a fresh start. Glad it worked out for you!

OP posts:
Roopdedoop · 20/06/2025 06:03

BIossomtoes · 19/06/2025 10:56

Redundancy was the best thing that ever happened to me. It got me out of a dead end job I’d never have left otherwise because it was too comfortable. Leave at the end of August and apply for everything that appeals in the meantime.

Amazing. I’m going for it so hope it works for me too!

OP posts:
Roopdedoop · 20/06/2025 06:03

Thanks everyone for helping x

OP posts:
JustMyView13 · 20/06/2025 06:42

Do apply for non-means tested JSA from day 1. They’ll pay for up to 6 months. It’s only a small amount but you collect your NI stamp then too. Also if you do need support with money for transport to interviews or clothes to wear to interview, they can assist with this too. It’s well worth being in the system.

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