Redundancy - First Timer!
Discussion
99% sure I am going to be made redundant under a restructure very soon. Nearly 30 years of work and never been made redundant before. I work in Software Engineering so god knows how I have escaped it this long.
Pay-out wise should keep me housed, fed, clothed and with a standard of wine I am accustomed to for about 7 months. I do have 2 teenage girls who might need to adjust their spending habits, or maybe get their own job. Ive never had more than 2 weeks off work in 30 years so quite looking forward to a couple of months off. Going to get fit, lose weight, work on some personal projects. Not sure if I am deluding myself though that I am going to have an extended holiday and then just find another job. Im senior management, there are a few jobs out there, but not loads.
Any tips? Presume I can claim job seekers allowance? Ive paid more than mine (and many others) fair share of tax over the years so dont feel embarrassed about taking a little back. Should I look from day 1, or just take a few weeks to chill? I can see the level of chill diminishing quickly as I burn through the redundancy and have to start dipping into savings
Pay-out wise should keep me housed, fed, clothed and with a standard of wine I am accustomed to for about 7 months. I do have 2 teenage girls who might need to adjust their spending habits, or maybe get their own job. Ive never had more than 2 weeks off work in 30 years so quite looking forward to a couple of months off. Going to get fit, lose weight, work on some personal projects. Not sure if I am deluding myself though that I am going to have an extended holiday and then just find another job. Im senior management, there are a few jobs out there, but not loads.
Any tips? Presume I can claim job seekers allowance? Ive paid more than mine (and many others) fair share of tax over the years so dont feel embarrassed about taking a little back. Should I look from day 1, or just take a few weeks to chill? I can see the level of chill diminishing quickly as I burn through the redundancy and have to start dipping into savings
You can only get jobseekers if you have less that £16k (around that) in savings. It's naff all per week (£35?) in the scheme of things and if you do claim it you need to visit them and look for jobs through their system. Post Covid I doubt you have to even visit.
As above - start looking for a job now. Seven months is not long.
As above - start looking for a job now. Seven months is not long.
Thebaggers said:
The market is dire at the moment, so good advice above, start looking now it may take you a good while to land an interview. Focus time on that everyday and then go enjoy yourself.
Top tip, ignore jobs through agencies, apply direct.
I personally had much more success via agents than direct over the last couple of years.Top tip, ignore jobs through agencies, apply direct.
It probably depends a little on the types of role and level.
Nothingtoseehere said:
You can only get jobseekers if you have less that £16k (around that) in savings. It's naff all per week (£35?) in the scheme of things and if you do claim it you need to visit them and look for jobs through their system. Post Covid I doubt you have to even visit.
As above - start looking for a job now. Seven months is not long.
Nope - he’ll get contribution based for six months. Everyone does, regardless. After that it’ll go on other factors, partner, savings etc. As above - start looking for a job now. Seven months is not long.
It was £64 a week back when I was a Jobcentre advisor back in 2009. It’s “your” money - claim it.
I personally never hassled people for “proof” they’d looked for work.
(I’m in IT dev and was contracting at the time and a strange turn of events saw me working in my local JCP for six months. It was actually really good).
BeeDeeVV said:
Thebaggers said:
The market is dire at the moment, so good advice above, start looking now it may take you a good while to land an interview. Focus time on that everyday and then go enjoy yourself.
Top tip, ignore jobs through agencies, apply direct.
I personally had much more success via agents than direct over the last couple of years.Top tip, ignore jobs through agencies, apply direct.
It probably depends a little on the types of role and level.
John D. said:
BeeDeeVV said:
Thebaggers said:
The market is dire at the moment, so good advice above, start looking now it may take you a good while to land an interview. Focus time on that everyday and then go enjoy yourself.
Top tip, ignore jobs through agencies, apply direct.
I personally had much more success via agents than direct over the last couple of years.Top tip, ignore jobs through agencies, apply direct.
It probably depends a little on the types of role and level.
Again, likely role specific.
I would concur RE: setting aside focus time every day then leaving it and enjoying your day. Maybe even three days a week is enough once you get in to the swing of it.
Dog Star said:
Nothingtoseehere said:
You can only get jobseekers if you have less that £16k (around that) in savings. It's naff all per week (£35?) in the scheme of things and if you do claim it you need to visit them and look for jobs through their system. Post Covid I doubt you have to even visit.
As above - start looking for a job now. Seven months is not long.
Nope - he ll get contribution based for six months. Everyone does, regardless. After that it ll go on other factors, partner, savings etc. As above - start looking for a job now. Seven months is not long.
It was £64 a week back when I was a Jobcentre advisor back in 2009. It s your money - claim it.
I personally never hassled people for proof they d looked for work.
(I m in IT dev and was contracting at the time and a strange turn of events saw me working in my local JCP for six months. It was actually really good).
I'm 'retiring' in a few months. Well below state age. I think I'll sign on
. Dog Star said:
Nothingtoseehere said:
You can only get jobseekers if you have less that £16k (around that) in savings. It's naff all per week (£35?) in the scheme of things and if you do claim it you need to visit them and look for jobs through their system. Post Covid I doubt you have to even visit.
As above - start looking for a job now. Seven months is not long.
Nope - he ll get contribution based for six months. Everyone does, regardless. After that it ll go on other factors, partner, savings etc. As above - start looking for a job now. Seven months is not long.
It was £64 a week back when I was a Jobcentre advisor back in 2009. It s your money - claim it.
I personally never hassled people for proof they d looked for work.
(I m in IT dev and was contracting at the time and a strange turn of events saw me working in my local JCP for six months. It was actually really good).
I d only claim it if you have absolutely nothing left.
OP, when you get into it, treat job hunting like a job. Set some hours (start and stop point), prioritise the roles that interest you most and put decent effort into personalising your applications as best as possible. Take breaks, find some time to do the bits round the house you’ve been putting off in between (or whatever else interests you).
The automated systems are a nightmare, and can filter out the best candidates because the right keywords aren’t in the resume. Someone once suggested pasting the job description in your CV, in white using the smallest font to get past the ATS. Never tried it myself though.
Good luck!
The automated systems are a nightmare, and can filter out the best candidates because the right keywords aren’t in the resume. Someone once suggested pasting the job description in your CV, in white using the smallest font to get past the ATS. Never tried it myself though.
Good luck!
Find a job to keep in your back pocket that you can start doing immediately if it finishes. Doesn’t have have to be the right job on the right money, aim is to have something to stop you haemorrhaging the pot from day 1. The pot will last a lot longer if you’re working somewhere and it shows you still want to work.
My brother took VR and was off work over a year, found it very hard to get back to work in the industry he was in and eventually did something completely different at a much lower level when the money ran out.
My brother took VR and was off work over a year, found it very hard to get back to work in the industry he was in and eventually did something completely different at a much lower level when the money ran out.
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