That986 Posted October 15, 2018 Report Share Posted October 15, 2018 33 minutes ago, Patt said: Thanks John, and indeed all of you for the positive support, it really is appreciated. My negotiations are going very well, although they won't confirm anything until the consultation period has finished. I can't get them to carry over my (already agreed ) holiday in January, so looks like the latest I'll be leaving is the end of December. No biggy as I'd only lose £230 worse off versus 24 days paid holiday ! What is more important is that, subject to finding a new role quickly, I could in fact now pay off Alice completely with the payoff. I'm still worried for the impending doom of no income, but at least I have the potential of a reasonable cushion That sounds a bit more positive mate, hope it comes good in the end. Link to comment Share on other sites More sharing options...
JohnSyn Posted October 15, 2018 Report Share Posted October 15, 2018 3 hours ago, Patt said: Thanks John, and indeed all of you for the positive support, it really is appreciated. My negotiations are going very well, although they won't confirm anything until the consultation period has finished. I can't get them to carry over my (already agreed ) holiday in January, so looks like the latest I'll be leaving is the end of December. No biggy as I'd only lose £230 worse off versus 24 days paid holiday ! What is more important is that, subject to finding a new role quickly, I could in fact now pay off Alice completely with the payoff. I'm still worried for the impending doom of no income, but at least I have the potential of a reasonable cushion Good to hear Patt, look forward to see you Sunday week. Link to comment Share on other sites More sharing options...
Skidd Posted October 15, 2018 Report Share Posted October 15, 2018 3 hours ago, Patt said: What is more important is that, subject to finding a new role quickly, I could in fact now pay off Alice completely with the payoff. Might want to keep some liquidity for a while, for other expenses, and just continue paying the monthly payment on the car until things become more clear. Best of luck, I've dodged a bullet a few times now. Not nice at all. Link to comment Share on other sites More sharing options...
Patt Posted October 15, 2018 Author Report Share Posted October 15, 2018 indeed , I'll be holding on every penny until I have a new job. Only then I can make the decisions on what to pay off/over pay. Although I may have to visit the Tequipment book for a wee "Christmas pressie" ;-) Link to comment Share on other sites More sharing options...
Scubaregs Posted October 15, 2018 Report Share Posted October 15, 2018 Thought my world had caved in 5 years ago when made redundant after 32 years, 6 months of hell in a low paid job where I could not cover my outgoings without having to dip into my redundancy payment. Then I landed a better paying job than my original with a better shift pattern. 6 months as a temp, then full time position. Being made redundant turned out to be the best thing that has happened to me in my working life, bizarrely enough. Hopefully you will have the same outcome, my only advice is to take any job you can get, then from that position look to get back to your original level and hopefully that redundancy money becomes a bonus. Best of luck! Link to comment Share on other sites More sharing options...
rowbos Posted October 15, 2018 Report Share Posted October 15, 2018 Good luck Patt. I have been through this process twice now in my career - and both times I ended up in a better situation and with a cash balance from the redundancy package - so hopefully you fare well in the end mate. Link to comment Share on other sites More sharing options...
Ringer250 Posted October 15, 2018 Report Share Posted October 15, 2018 Patt, Glad to hear things look a little more positive.? Link to comment Share on other sites More sharing options...
Boxob Posted October 15, 2018 Report Share Posted October 15, 2018 Remember it's the job that became redundant not you. Your talents and skills will find a job elsewhere. Good luck. Link to comment Share on other sites More sharing options...
mvw Posted October 16, 2018 Report Share Posted October 16, 2018 Sorry to hear this Patt. The industry I work in is very volatile and I've been under the threat of redundancy 3 times in 8 years. Although I've managed to hold on I sometimes wish I hadn't. Every single colleague (without exception) that I've seen go has ended up in a better position with a nice pot of cash. I'm sure the same will happen to you. Link to comment Share on other sites More sharing options...
Pinewood Posted October 16, 2018 Report Share Posted October 16, 2018 sorry to hear this Patt, hope you find something and quickly. It's a curse of modern living that redundancies are a fact of life Link to comment Share on other sites More sharing options...
guest1 Posted October 20, 2018 Report Share Posted October 20, 2018 On 10/15/2018 at 3:19 PM, Scubaregs said: Thought my world had caved in 5 years ago when made redundant after 32 years, 6 months of hell in a low paid job where I could not cover my outgoings without having to dip into my redundancy payment. Then I landed a better paying job than my original with a better shift pattern. 6 months as a temp, then full time position. Being made redundant turned out to be the best thing that has happened to me in my working life, bizarrely enough. Hopefully you will have the same outcome, my only advice is to take any job you can get, then from that position look to get back to your original level and hopefully that redundancy money becomes a bonus. Best of luck! My bolding. I saw lots and lots of people get made redundant during the period 2007 onwards - I always thought that I was so lucky to have avoided the axe falling on me, however it did fall a few years ago. Very, very fortunately my experience was similar to @Scubaregs -- I enjoy what I do now a lot more; I have a better work life balance; and am much happier person overall. Wishing you every success in the world @Patt . Link to comment Share on other sites More sharing options...
Patt Posted December 5, 2018 Author Report Share Posted December 5, 2018 Well I've just signed a new job contract. Subject to getting paid this week, I intend to pay off the finance completely. Really appreciate the comments and support peeps. Link to comment Share on other sites More sharing options...
Boxob Posted December 5, 2018 Report Share Posted December 5, 2018 3 minutes ago, Patt said: Well I've just signed a new job contract. Subject to getting paid this week, I intend to pay off the finance completely. Really appreciate the comments and support peeps. See, told you so! Congratulations! Link to comment Share on other sites More sharing options...
mike597 Posted December 5, 2018 Report Share Posted December 5, 2018 Congratulations. Link to comment Share on other sites More sharing options...
John2000 Posted December 5, 2018 Report Share Posted December 5, 2018 1 hour ago, Patt said: Well I've just signed a new job contract. Subject to getting paid this week, I intend to pay off the finance completely. Really appreciate the comments and support peeps. Very glad to read this Patt and even more so that you got sorted before Christmas have a good one Link to comment Share on other sites More sharing options...
Menoporsche Posted December 5, 2018 Report Share Posted December 5, 2018 Same place or different? Good luck with it Link to comment Share on other sites More sharing options...
fat haggis Posted December 5, 2018 Report Share Posted December 5, 2018 Chuffed for you mate. 🥃 Link to comment Share on other sites More sharing options...
Topbox Posted December 5, 2018 Report Share Posted December 5, 2018 Congratulations Patt, merry christmas 😁 Link to comment Share on other sites More sharing options...
Scubaregs Posted December 5, 2018 Report Share Posted December 5, 2018 Excellent news indeed. Link to comment Share on other sites More sharing options...
rowbos Posted December 5, 2018 Report Share Posted December 5, 2018 Great news Patt. It often seems to go this way - it certainly did for me, two redundancies resulted in two changes of job that got better each time and with money in the bank 😎 All the best mate. Link to comment Share on other sites More sharing options...
Simon_R Posted December 5, 2018 Report Share Posted December 5, 2018 Great news 👍 Link to comment Share on other sites More sharing options...
Ringer250 Posted December 5, 2018 Report Share Posted December 5, 2018 Congrats Patt. 👍 Link to comment Share on other sites More sharing options...
Jon61 Posted December 5, 2018 Report Share Posted December 5, 2018 I never saw this thread originally, so was very sorry to hear the hear the bad news ... but it sounds as if it's now taken a turn for the better so well done Patt. And it sounds as if you've been able to hold onto Alice too? Great that it's sorted before Christmas. Link to comment Share on other sites More sharing options...
Araf Posted December 5, 2018 Report Share Posted December 5, 2018 Well done. Link to comment Share on other sites More sharing options...
Happy Days Posted December 6, 2018 Report Share Posted December 6, 2018 Just seeing this thread now - and glad it has all worked out for you. Wife took voluntary redundancy once but she had secured a new job before she left. However about 18 month later she was made redundant from that job, and it was really, really hard. Took her about 5 months to get back into work again and each day as I left for work I really felt bad. She's in full time work now, but has a pretty long commute into Belfast each morning which isn't good. At least she's in a Macan! Best wishes with the new job. Onwards and upwards. Link to comment Share on other sites More sharing options...
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