NC for this as my normal username is fairly identifiable and I’d rather not be.
I have been made redundant following a restructure in my department. I understand the rationale of the restructure (though do not agree with it, but ultimately it’s my boss’s call how the department is organised) so not disputing the redundancy. I am the only person to be made redundant, but I do not believe it is personal.
A new role has been created which I can have if I want. It is a grade lower in salary, which affects health insurance for my family, car allowance, bonus payment, and share options. It is also a £10k drop in salary.
Or I can take the redundancy package, which is 3 mos’ pay in lieu of notice, plus 5 mos’ salary (minus car allowance), holiday owed and the offer of 6 mos’ career counselling.
I do not really want to keep the job offered as it is boring, and I would have to report to someone who has been a peer till now so a bit awkward... but it would mean security. I would look for another job but it might take many months before I found one I wanted and for which pay is commensurate, as my company is a very good payer so will be hard to match elsewhere.
My concern is that I can’t un-know what I know, so will end up doing much the same job as I am doing now but for less pay. The new role is similar to the old one, but “different enough” that can’t argue constructive dismissal - but I can’t see how I can do the new role without bringing the skills and experience I already have to it.
I am veering towards the redundancy but also scared to jump with nothing to jump to, as I am the breadwinner and am 50 years old.
WWYD? Sorry this is long, but any advice appreciated.