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Redundancy

2 replies

Creamegg11 · 18/03/2021 22:56

So my firm are offering us voluntary redundancy and since I’ve been at the firm for over two decades, my payoff would be close to £50k!

I’m in dilemma as to what to do. May seem a lot of money but I read that jobs are really competitive out there. Am nowhere near retirement age yet either so will need a job as have a mortgage and family to support. I like where I work but I don’t know any different as haven’t worked full time anywhere else.

We have been given two weeks to apply if we want to put our name forward.

What would you do?

OP posts:
quarentini · 18/03/2021 22:58

Depends on certain factors
Age
How much is left on mortgage
Job market in your sector
How likely is the company to fold or cease trading

Creamegg11 · 18/03/2021 23:04

Unlikely to fold. Huge mortgage left and young children. Having job security is making me think is the more sensible decision.

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