Hypothetical situation - Voluntary Redundancy

Soldato
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Ok so here's the scenario, you don't like the job, you want to leave the job below.

The issue is the team you're in is arguably understaffed, if not correctly staffed in number. However work is relatively steady, less than say 12 months ago, it's not exactly picking up.

In your position you are being paid ~30% more than the market rate, your peers and that the role commands because you've been 'sidelined' and therefore aren't being used to your full potential. The company could easily find someone more suitable (and willing) for £10,000 less, perhaps even £15,000 cheaper.

You know because of the outlook and the chairman's frank discussion the company still needs to save money and although on solid ground still isn't out of the woods yet.

If you were working for a big company that has been actively cutting costs and jobs for the past 24 months and you were wanting to leave but had yet to be offered redundancy would you ask for it?
 
People in my company have done so. It depends on your non-work life and your ability to get a job that will continue to pay you the level of income you are accustomed to - with a balance with the redundancy package.
 
You have lined up two avenues of work, one is a gamble the other will be hard work but is more than likely a go.

Consider both a 'speculate to accumulate' move i.e. you only live once so you might as well be happy but on the downside your current role pays very well and the new one(s) might not cut it for some time.
 
People in my company have done so. It depends on your non-work life and your ability to get a job that will continue to pay you the level of income you are accustomed to - with a balance with the redundancy package.

Out of interest was the company looking to make people redundant or did they just see it as a cost cutting opportunity?
 
I don't see that there is much of a difference?

The company were making people redundant as a cost cutting exercise, and asked for VR. There were some compulsory but not many.
 
I don't see that there is much of a difference?

The company were making people redundant as a cost cutting exercise, and asked for VR. There were some compulsory but not many.

In the scenario above the company has not asked for any VR, they've been making people redundant over the past 24 months but now things have gone quiet.

So it's not on the table, but it could be lingering behind the veil?
 
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