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Voluntary severance - what to do?

5 replies

tattygirl · 05/01/2011 13:35

I work in academia in university. My role is v specialised and only about 4 jobs in my ?area? have come up in the last decade. The university has made an offer of voluntary severance to all lecturers. I am pretty certain compulsory redundancies will follow.
I have been in my role for 12 years. When I took the job I was child free and my location was a half hour walk from home. I now have a 110 round trip commute, 3 days a week with a further two days working at home and am required to work one weekend a month. My commute takes about 3 hours a day, on average. I also have two children at primary school. I used to love my job but now feel debilitated, stressed and don?t think I?m giving my best to my employer or children.
A lot of factors are making me think I should take the offer (equivalent of 6 mths salary). I have worked FT since both children were born, having already been made redundant once before. I took every bit of overtime I could and, as a result of me and DH ploughing everything into the house we are mortgage free. In the meantime my dad died suddenly and I have an elderly, frail mother who I want to spend more time with. IF I did take the offer then I would intend not to return to work until both children were in senior school ? about 4 years time. Getting back in to my current role would be highly unlikely. Pay wise my job is very well paid but I don?t want to go back into my current role and accept that I will take a huge pay drop in future when I go back to work.
I suppose what is stopping me is that I trained for 6 years to achieve what I have done. We do squander money at the mo, partly because I?m tired and miserable in my current job and spending to compensate. I?ve managed, and been far happier, on less. DH is v supportive and wants me to give up ? he?d be happy to hand the finances to me.My children have also said they want me to stop work - despite all the treats having to end.
I have two weeks to apply for voluntary severance and my head is in turmoil.

OP posts:
OgreTripletsAreSoCute · 07/01/2011 19:50

Well, I took voluntary redundancy 15 months ago (I was a scientist working for a large multinational) and it was one of the best things I ever did. My DCs think so too, and DH likes the fact that I take care of all the home stuff and he no longer has to take time off work for sick DCs etc.

I had been in that job for 10 years and it was very stressful with a tiring commute. I took the redundancy with the full blessing of DH, we were financially secure as with the redundancy money we could have paid off the mortgage. I took it in the full knowledge that I would almost certainly never work in that field again. It was a year before my youngest DC started school, we had a lovely year together, and I felt no desire to get back to work at all. Ironically, a contact of my husband then offered me a part time local job doing exactly my sort of work and I started this week, so it hasn't ended my old career after all.

Also, as it turns out, I would have been made compulsorily redundant a year later, but would have missed DD's last year at home, I am so glad I went when I did. Good luck with whatever you decide!

hairyfairylights · 07/01/2011 22:27

If I was as unhappy as you sound and had this opportunity, I'd take it.

LadyLapsang · 07/01/2011 23:38

The type of work you are thinking of doing in 4 years time, how does it compare with what you are doing at the moment?

In a decade time your children will be about to leave home, what role do you see yourself doing then?

BTW I don't think 6 months salary is much for giving up a rewarding, well renumerated job. Do you think your DH would give up his job in the same situation?

CarrotsAreNotTheOnlyVegetables · 07/01/2011 23:38

I would take it like a shot.

tattygirl · 10/01/2011 21:27

Thank you for the replies. If the job was local, I had reliable childcare and my mum's health was going to be okay I think a lot of the stress factors would disappear.

Unfortunately none of the above apply and I think this is swaying my decision in favour of quitting.

One point I hadn't considered is what I will do if my employer turns down my application. In this case I think I will use the year to presume I am quitting and save like mad.

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