| We have it but have never used it even when redundancy kicked in as a new job was found quickly. Feels like I would be better saving the monthly cash we spend on it. |
Countdown to Unemployment thread • Page 103
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Frogofdoom 17,973 posts
Seen 9 hours ago
Registered 9 years ago -
Dougs 100,414 posts
Seen 12 hours ago
Registered 18 years agoI think I worked out that its cost me £2.5k since I've had it. But that's only 3.months mortgage repayments, so if the worst happened, I'd get a lot more mileage out of it than the savings put aside. -
Rhaegyr 5,499 posts
Seen 2 weeks ago
Registered 10 years agoSo I've been pretty much ostracised this morning by my colleagues for not agreeing with the course of action they want to do (which is go over the MD's head and request a meeting with the French company that owns us). I just can't see it solving anything - the point I made was that there's very little chance of our owners deciding to make the MD and all our directors redundant instead of staff already chosen and that it was probably decided by our owners.
It's my birthday too
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Nexus_6 6,168 posts
Seen 2 days ago
Registered 17 years agoBurn them all -
Rhaegyr wrote:
Well, sit there smugly knowing that you were right and their idea is a silly one.
So I've been pretty much ostracised this morning by my colleagues for not agreeing with the course of action they want to do (which is go over the MD's head and request a meeting with the French company that owns us). I just can't see it solving anything - the point I made was that there's very little chance of our owners deciding to make the MD and all our directors redundant instead of staff already chosen and that it was probably decided by our owners.
It's my birthday too -
@Rhaegyr Happy birthday.
Don't worry too much about it all. Have confidence in your own ability, if they don't see it, someone else will.
Fuck em -
spurslol 660 posts
Seen 3 days ago
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spurslol 660 posts
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Registered 3 years agoFuck it -
IRWATWO 1,378 posts
Seen 3 minutes ago
Registered 2 years ago@Rhaegyr Happy Birthday too dude.
There have certainly been worse times to have employment issues, little consolation as that is. Chin up, and all that platitudinous bollocks.gif)
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Rhaegyr 5,499 posts
Seen 2 weeks ago
Registered 10 years agoThanks for the comments and the birthday well wishes everyone, always appreciated
It's just a huge fucking shame - these guys aren't just workplace proximity associates, they're actually good friends who I hang around with now and again outside work. The manager in particular has gone to bat for me a few times and managed to get me some serious extra money over the course of the last five years. I feel a fair bit of guilt for going for one of the few positions available as others don't have that choice because they don't have the skillset required (or they're still absolutely furious). Here's to hoping when the anger dies down we can all still be amicable at least.
Ah well - at least I'm going to Burger King for my birthday
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freddymercurystwin 2,825 posts
Seen 13 hours ago
Registered 17 years ago@HookJaw I used to have it when I first got a mortgage, back in 2000, then when I was made redundant in 2009 and I tapped into it. I had to sign on as unemployed and all that that involves in order to trigger it and it gave me a 12 months of mortgage payments. After a year I think I had more than gained what I'd paid in and the dole office were starting to force me into various dumbass courses and whatnot so I went and got a job. Though it worked out OK for me I've never thought about getting it again, I guess I was more nervous/cautious about things back then getting my first mortgage etc. -
Blakester 5,234 posts
Seen 2 days ago
Registered 17 years agoHookJaw wrote:
A word of caution from painful recent experience.
Does anyone here have wage insurance to protect their income in the event of non-fault job loss? If so, have they ever had to use it?
I was made redundant early summer, expected to get work fairly quickly but by September I was still searching. At this point I decided to activate my insurance to make my severance go a little further. Firstly I had no idea you had to sign on for universal credits and show an active log to even begin the claim. This takes weeks.
Then having filled out the painfully long insurance forms, you have to wait a few weeks for a decision on the claim.
Once you get the go-ahead - and this is the real kicker - there's a 30 day wait period before they pay out. This is to see if you can land a job in the interim which would save them from paying you.
All told it's at least 8 weeks before you see a single penny.
Now that may well be the conditions of my insurance and YMMV, but I'm struggling to see the value, especially if you're going to need the funds quickly. Fuck knows how anyone seeking universal credits can even survive week to week - but that's a conversation for another time. -
beastmaster 22,373 posts
Seen 3 days ago
Registered 17 years agoRhaegyr wrote:
Couple of things.
So I've been pretty much ostracised this morning by my colleagues for not agreeing with the course of action they want to do (which is go over the MD's head and request a meeting with the French company that owns us). I just can't see it solving anything - the point I made was that there's very little chance of our owners deciding to make the MD and all our directors redundant instead of staff already chosen and that it was probably decided by our owners.
It's my birthday too
Happy Birthday! Try to forget about these things for a while if you possibly can.
I've not been following but how to do know if wasn't the French companies decision to start making you redundant?
Xmas time is when those mutherfuckers always like to get rid of people. -
fontgeeksogood 12,913 posts
Seen 5 months ago
Registered 3 years agoYou think the new holding company somehow decided who gets to go?
I'll give my experiences of working in mergers and acquisitions (pretty much my job nowadays):
- company is looking for acquisition to get customer books, tech, product or other accelerators to get into / further into target market
- smaller companies giggle coquettishly and flash their frilly panties
- potential acquirer chooses which color panties they like, and start due diligence
- simultaneously, owners of smaller company sign all kinds of crazy deals and cut costs to make balance sheet as shiny as their panties
- acquisition goes through, owners get taken care of and are asked about some irregularities with contracts / order books / p&l
- owners throw the idea of 'streamlining' to correct the now more realistic projections
And that brings us up to date -
Dougs 100,414 posts
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Registered 18 years agoYou sell out PES -
fontgeeksogood 12,913 posts
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Registered 3 years agoFUCK EVERYONE I NEED TWO LAMBOS -
BillMurray 9,736 posts
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Registered 13 years agoYesterday I was talking to a former colleague who's still in touch with people at the site I work on and the subject of retraining came up. As I'm a contractor we've been offered basically fuck all as part of our redundancy package, whereas there's apparently people on site who are learning how to be a fucking snowboard instructor. Some other lucky sod is getting the company to pay for his pilot's license.
Being a contractor fucking blows. -
HookJaw wrote:
Had it and used it with no problems. Got suspicious that our company would be making cut backs so rung up and got it organised. The next week we got told the company was looking at redundancies which would be classed as compulsory (but with a benefits package).
Does anyone here have wage insurance to protect their income in the event of non-fault job loss? If so, have they ever had to use it?
I contacted the insurance company and filled in the relevant stuff. Had to sign on when I was made redundant and had to provide proof I was looking for a job, but got paid four months salary for an insurance cost of £50ish all told.
I've never got it again but think I ought to really. -
AboutHalfaStevas 2,765 posts
Seen 1 year ago
Registered 6 years agoBillMurray wrote:
Yeah, it's such a pain IR35ing your way to three times the take-home while... doing... less... work?
Being a contractor fucking blows.
No, hang on- -
Jono62 27,356 posts
Seen 6 hours ago
Registered 13 years agoBeen temping since I left my job as I was miserable there and was staying for the wrong reasons.
Now I have a better job, starting on Tuesday with good opportunities to progress so I'm feeling very happy. -
Dougs 100,414 posts
Seen 12 hours ago
Registered 18 years agoCongrats! -
Jono62 27,356 posts
Seen 6 hours ago
Registered 13 years agoCheers. Didn't realise how unhappy I was at my previous job until I left it and it felt like a weight had been lifted. -
Vortex808 15,593 posts
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Registered 13 years agoCongratulations jono! Hope the new job works out well for you! 😃 -
Jono62 27,356 posts
Seen 6 hours ago
Registered 13 years agoThanks -
Congrats.
I had to let someone go today. They didn't take it at all well and I felt a right git. I'm sure they feel worse, but I really don't feel at all great about it. -
beastmaster 22,373 posts
Seen 3 days ago
Registered 17 years agoMy heart always sinks when I see this thread get bumped, so it's great to see this is for good news this time. Congratulations Jono! -
freddymercurystwin 2,825 posts
Seen 13 hours ago
Registered 17 years agoSo ... I work in architecture, I'm 48, I work for a firm of architects and have worked for them for the past 10 years, before this firm I pretty much worked for each previous practice for 5 years and then got a five year itch and moved on, I've had a five year itch for five years but the job I've had has been very convenient given how my personal life has turned out (a wife with various long standing illnesses that won't ever go away and (because of that) proximity to the school (well 25min drive) so that I can drop off and pick up the kids at the drop of a hat if my wife is unable to (which is more often than not) has been important. Over the years my current employer's been fairly helpful, provided me with a phone, a laptop to work from home if needs be etc but, I hate my job I detest it and everyone running the place, it make me dread going in in the mornings, when I was furloughed a few months back I was happy as a lamb. But I'm back now and working at the office on an awful project that's been terribly run and will likely be on it for a good while.
So, I have been offered another job in the town I live in, it's much smaller projects (that's fine) with a guy who has been working own for about 4 years (he used to work where I work now) but now needs someone else, I know he will be flexible in the hours I work and he's a nice guy so all of the picking up kids issue will be fine but the big issue is that atm he can only offer the salary I'm on now less about 20% with a review in 6 months which is pretty significant atm.
Financially we were hoping to move house in the next 12 months so that will potentially scupper things there, I'm also paying about £200 a month more than necessary because I've been a lazy ass and failed to renew my mortgage deal earlier than I should have (or move house if you will).
I know I need to make the decision myself but just wanted to have a bit of a vent somewhere. Any thoughts, insights or generalisations welcome. -
So job you'll quite like, but for less money (manageable) vs something you hate on a daily basis?
No contest
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