Changing jobs for a pay cut?

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Discussion

edc

9,234 posts

251 months

Tuesday 23rd August 2016
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Don't back on it being a straight conversion to permanent. With 6-8 weeks till the end of the contract start asking the question and then get the feelers out to the market again.

Flooble

5,565 posts

100 months

Tuesday 23rd August 2016
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It will be easier to get a FTC role as R
'real' contractors won't touch it and people who want or need stability will be reluctant.

Thus your competition is thinned out.

With the pay being below market rate your competition is further reduced.

Hence the chances are if you get it you will get renewals as it is hard to fill the post.

Which means after two years you will become de facto permanent (that's the rules, I am sure)

Given the lack of protection during your first two years in any job, it is not a major risk really.

Ray Singh

Original Poster:

3,048 posts

230 months

Thursday 25th August 2016
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Update - for those still awake.

I have been offered the job i spoke about last - 6 mth FTC at £11k less than i am currently on in my current mindnumbing role.
I will use this as a 6 mths excercise to get my confidence back and if after 6 mths they re-new - then good, but if not, I will be able to make my own career choices again.

I feel elated that I can escape, but kicking myself that I have been made to feel like this and that they have got away with it.


DanL

6,204 posts

265 months

Thursday 25th August 2016
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Glad to hear it, and good luck! Onwards and upwards from this point, and you get to look forward to resigning shortly. smile

brman

1,233 posts

109 months

Friday 26th August 2016
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great news smile

Landlord

12,689 posts

257 months

Friday 26th August 2016
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Ray Singh said:
Update - for those still awake.

I have been offered the job i spoke about last - 6 mth FTC at £11k less than i am currently on in my current mindnumbing role.
I will use this as a 6 mths excercise to get my confidence back and if after 6 mths they re-new - then good, but if not, I will be able to make my own career choices again.

I feel elated that I can escape, but kicking myself that I have been made to feel like this and that they have got away with it.
Great news. You're doing the right thing. I remember that feeling of elation after I resigned from a job I hated. Like you, I'd become a shadow of the man I was by sheer attrition.

I'm not saying this move will be the one. It might take another one or two but eventually you'll find the right slot. However, you've left a place that was doing more damage to you than you perhaps realised. It's no way to live.

Jasandjules

69,869 posts

229 months

Friday 26th August 2016
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Good man. Onwards and upwards, don't worry about what happened at your "old" place, just concentrate on having a better time at the new place.

johnwilliams77

8,308 posts

103 months

Friday 26th August 2016
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Jasandjules said:
Good man. Onwards and upwards, don't worry about what happened at your "old" place, just concentrate on having a better time at the new place.
This. Chalk it down to experience and don't let the barstewards get you down smile

Ray Singh

Original Poster:

3,048 posts

230 months

Friday 2nd September 2016
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I am due to hand in my notice at my current employer today and am requesting instant release with pay to the end of the month due to health reasons.
I have accepted the 6 mth FTC, with £11k less (although we have established that this is not really the case) today.

I have no idea why - but i am feeling very low doing this. It might be the old hunter gatherer thing and bringing home less. To top it all, i nudged a freinds car last night and caused (his estimate) £900 of damage...


Flooble

5,565 posts

100 months

Friday 2nd September 2016
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It is easy to feel that you have failed (to cut it in the private sector, in banking, whatever). But accepting we are all different is just one of those things. I'd have liked to fly fast jets, but wasn't good enough. Just one of those things.

As for the car - £900 is either a massive "nudge" or not really a friend (or it's a brand new/very expensive car). Just use your insurance and don't worry.

I think you will be doing well to get paid for a full month without working it. Not really any incentive for the employer there. You may be released early, without pay. Or you can go off sick. You probably can't ask to be released early with pay and then when they refuse, go off sick. So I'd have a careful think before speaking to them about early release. Try and think about it from the employer's perspective ...

Ray Singh

Original Poster:

3,048 posts

230 months

Friday 2nd September 2016
quotequote all
Thanks Flooble - It was the department i was placed in that was the problem. All my internal stakeholders were happy with my work. My line manager and his biatch were the issue.
Notice handed in and have managed fully paid gardening leave until the end of the month. I have to go in for three hours (supervised) to handover to a colleague and have another hour of exit interview and handing back laptop, phone, ras token etc. I had 7 days leave remianing and they dont pay out for leave - and have given me a few days off.

Very odd feeling and whilst sitting at home wondering if this was the right thing to do, i did some gardening!

New job starts 26th Sept.

"on your Side" - These lot were never on my side.

Edited by Ray Singh on Friday 2nd September 15:56

HappyMidget

6,788 posts

115 months

Friday 2nd September 2016
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Just taken an 8k pay cut after being made redundant a month ago. Feeling a lot happier in the new role, have shaved about 2 hours commuting off my day and it is really nice to be happy once again.

Flooble

5,565 posts

100 months

Friday 2nd September 2016
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Wow, that's pretty impressive to get paid for gardening - well done. You probably want to put "excellent negotiating skills" on your CV now :-)

bigunit00

890 posts

147 months

Friday 2nd September 2016
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Ray Singh said:
Thanks Flooble - It was the department i was placed in that was the problem. All my internal stakeholders were happy with my work. My line manager and his biatch were the issue.
Notice handed in and have managed fully paid gardening leave until the end of the month. I have to go in for three hours (supervised) to handover to a colleague and have another hour of exit interview and handing back laptop, phone, ras token etc. I had 7 days leave remianing and they dont pay out for leave - and have given me a few days off.

Very odd feeling and whilst sitting at home wondering if this was the right thing to do, i did some gardening!

New job starts 26th Sept.

"on your Side" - These lot were never on my side.

Edited by Ray Singh on Friday 2nd September 15:56
Congrats. I think you have made the best of a bad situation. Net net losing circa £5-10k gross I doubt will materially impact your lifestyle. Plus with gardening leave factored in you can narrow that loss down even more. It's amusing that your internal stakeholders like what you did but line mgr etc didn't. Fundamentally a project team usually only exists to service its key stakeholders. If it's not adding value then they usually get disbanded. I wonder what rep your line mgt has with these stakeholders. Most project teams I have worked on in banking the project / change team snr mgt are usually useless and many have never actually been at the coal face delivering projects (usually it's mastery of standing on the shoulders of others that gets them promoted) with complex issues that need to be resolved (it is probably why you got minimal support from them, they probably had no idea what to do themselves, looking to take the credit from any of your hard work etc). Most have been administrative PMO types who think running projects is having them logged in a spreadsheet or making sure everyone is filling out a weekly status report. All I tend to get from them is administrative overhead. Onwards and upwards. You have dodged a bullet