New job and voluntary redundancy

JackieChan

I've been busy working away and occassionally I get calls from agencies for positions. One potential employer really excited me and after the first interview I felt that this company could really suit me.

After a second interview I was offered the job.
I'm currently awaiting contracts to be sent out but then the same week I get an email from my employeer stating they are looking for people for Voluntary redundancy.

There is no guarantee that I would be accepted for the scheme and the dates for leaving are from early/mid May onwards.
The amount of redundancy is in the 20-24k region and I'm trying to look at my options;

1) Pretend I never got the email and give notice once contact is signed and move on
2) Decline offer and go for the redundancy scheme, returning to the job market if accepted
3) Perhaps advise the new HR department that I need an additional few weeks to finish up(they know I'm on 1 mths notice) and see if I can close out redundancy in that time.

I really want the new position but its difficult to turn my back on such money without considering ways that give me a chance of getting it.
What would you do?

Tigger

JackieChan wrote: »

I've been busy working away and occassionally I get calls from agencies for positions. One potential employer really excited me and after the first interview I felt that this company could really suit me.

After a second interview I was offered the job.
I'm currently awaiting contracts to be sent out but then the same week I get an email from my employeer stating they are looking for people for Voluntary redundancy.

There is no guarantee that I would be accepted for the scheme and the dates for leaving are from early/mid May onwards.
The amount of redundancy is in the 20-24k region and I'm trying to look at my options;

1) Pretend I never got the email and give notice once contact is signed and move on
2) Decline offer and go for the redundancy scheme, returning to the job market if accepted
3) Perhaps advise the new HR department that I need an additional few weeks to finish up(they know I'm on 1 mths notice) and see if I can close out redundancy in that time.

I really want the new position but its difficult to turn my back on such money without considering ways that give me a chance of getting it.
What would you do?

I'd tell the potential. We employer that if I wait another week I would have 20-24 extra money

Unless its a real and I mean a huge inconvenience I reckon they'd understand

Nody

Speak with the HR department of the new company and see if you can delay the start date to apply for the redundancy; if not go for the new position. Keep in mind a good job position will make you far more money over time then a one time redundancy payment ever will and unlike the redundancy payment you need to go into work every day.

If their HR says no way to start later you can also try to negotiate with your company; leave early with lets say half the redundancy. Not the same amount of cash but still something.

Tigger

Nody wrote: »

Speak with the HR department of the new company and see if you can delay the start date to apply for the redundancy; if not go for the new position. Keep in mind a good job position will make you far more money over time then a one time redundancy payment ever will and unlike the redundancy payment you need to go into work every day.

If their HR says no way to start later you can also try to negotiate with your company; leave early with lets say half the redundancy. Not the same amount of cash but still something.

They'd have to be crazy to give redundancy that they did t need to

JackieChan

Tigger wrote: »

They'd have to be crazy to give redundancy that they did t need to

I agree, if current company knew I had a job lined up then I can't see why they would offer redundancy.Although due to circumstances they may do it to save someone elses job(compulsory redundancies are not out of the question).

The HR dept of new company were understanding and agreed to hold off for an additional 3 weeks(7 in total). So gives me a fighting chance of getting it.

thebiglad

Same happened to me and worked out well - got the redundancy = actually told them I had something else and so would happily 'sacrifice' myself rather than some poor beggar who doesn't want to leave being let go. I worked in a very large organization so to be fair to HR they didn't care where I had something to go to or not - there only focus was 20 people out the door!

The timing was much better but there was still a fair wait - 2 week consultancy period following application for redundancy and after that I had to work 6 weeks (had 3 months notice in contract and they were not prepared to pay all of it).

Whilst going through the process it was a bit stressful, I just wanted out...

Wish you the best of luck and hope you can get what you want.

JackieChan

The consultancy period has been ongoing for a few weeks now and it will be a few more before I know what my situation is. I'm hoping to get out in 4 weeks after been accepted.