Countdown to Unemployment thread Page 79

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  • mikew1985 2 May 2013 16:05:58 12,784 posts
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    You should check your contract, it probably stipulates that your holiday entitlements are calculated on a pro rata basis.

    As such you will have, by law, earned the amount up to the last working day you are there and you will be entitled to payment for these should you not take them.

    For example if you leave on Friday 14th June and your annual entitlement is 25 days. Your entitlement is 2.083 per month. straight forward enough for Jan - May. Then the company may decide to pay the holidays worked up in june on a per working day basis.

    Exactly 20 working days in the month, you will have worked 10 so half your entitlement for the month.

    Edited by mikew1985 at 16:06:35 02-05-2013
  • Jono62 2 May 2013 16:19:11 14,148 posts
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    Yeah, my holidays were calculated on a pro rata basis when I made redundant.
  • RedSparrows 2 May 2013 19:59:19 22,883 posts
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    Just signed another 1 year contract. If I am very lucky I'll get an 8ish months contract after that.

    Steady career? HAH!
  • EMarkM 2 May 2013 22:24:40 3,174 posts
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    Just got told today (my birthday!), axe will have fallen by autumn 2014.

    'twas good while it lasted...
  • Jono62 2 May 2013 22:43:23 14,148 posts
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    :(
  • RedSparrows 2 May 2013 23:28:08 22,883 posts
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    :(
  • Syrette 3 May 2013 00:19:50 43,591 posts
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    :(

  • FanBoysSuck 3 May 2013 10:12:37 1,486 posts
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    @EMarkM Bad times :( At least you have a little time to try and sort something out. I was talking to a work mate yesterday and at his last role he was given his redundancy notice out of the blue on the first day back after his honeymoon!

    It seems like everyone is going through a "streamlining" process at the moment. The trend I've noticed, at least at my place, is that the high ups getting 6 figure salaries are all being kept on but everyone else below that level are at risk. The upper management are only a few years away from retirement at the very most so seem to be doing everything they can to keep things afloat, thus securing their fat pension. Things being set to crash and burn after that.

    On a more positive note, I've got two interviews arranged next week with a third getting back to me with a date on Tuesday. Not bad considering it's only been a week and all I did was upload a CV without actually applying for anything directly!

    For the emperor!

  • rudedudejude 3 May 2013 11:18:28 2,186 posts
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    Thanks for the holiday advice!

    2 people have already resigned today so hopefully that might take the pressure off the rest of us a little.
  • Commander-Keen 3 May 2013 11:40:22 808 posts
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    @EMarkM Sorry to hear that mate!

    On the upside though that's *way* more notice than a lot of people get. I'm not sure what industry / sector / profession you're in, or how specialised you are, but it should hopefully give you enough time to move onto the next step in your career without too much of a bump.
  • EMarkM 3 May 2013 11:48:00 3,174 posts
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    Thanks guys.

    MS SQL Server DBA, here, currently in the UK financial sector.

    I should be OK.
  • FanBoysSuck 3 May 2013 12:00:21 1,486 posts
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    Good luck with the hunting, if it's an consolation software/IT seems to be one of the few areas with a decent amount of jobs going at the moment.

    Holy crap I literally just read on facebook that my mate lost his retail job along with everyone else who works in the store. What the hell is happening at the moment?!?

    For the emperor!

  • Mr_Sleep 3 May 2013 12:03:05 17,095 posts
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    FanBoysSuck wrote:
    Holy crap I literally just read on facebook that my mate lost his retail job along with everyone else who works in the store. What the hell is happening at the moment?!?
    Three people I know were all made redundant in a short space of time late last year and now it seems like it is continuing. I was led to believe that more jobs were turning up in April too, seems like businesses have decided that more lay offs are in order.

    You are a factory of sadness.

  • Commander-Keen 3 May 2013 12:15:57 808 posts
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    @EMarkM 18 months notice in the Financial Sector is pretty much unheard of to be honest, so that's some small crumb of consolation, hopefully. And with your skills, you'll easily find more work. Assuming you're London based, I was banging on about Silicon Milk Roundabout, which is well worth checking out for Dev / Product / Design types.
  • Commander-Keen 3 May 2013 12:17:54 808 posts
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    FanBoysSuck wrote:
    Holy crap I literally just read on facebook that my mate lost his retail job along with everyone else who works in the store. What the hell is happening at the moment?!?
    Unfortunately retail seems to be getting hit pretty hard over the last few years. The combination of increased online sales, plus a recession in which people are less willing to spend, mean that a lot of retailers are getting *very* cut-throat these days.
  • EMarkM 3 May 2013 12:24:55 3,174 posts
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    @Commander Keen Cheshire-based and too "old and settled" to move for a job, but all info gratefully received nonetheless! :)
  • Rusty_M 3 May 2013 12:39:25 4,706 posts
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    Well it looks like my department will cease to exist by April next year. It's always fun when your companies change in structure warrants a press release.

    I'd best get looking fur jerbs

    The world is going mad. Me? I'm doing fine.

  • DaM 3 May 2013 12:48:32 13,261 posts
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    Surely 18 months notice is just an attempt to get the numbers down? Or close down as quickly as possible?

    Because I can't imagine anyone is going to be ticking off the days on their calendar until D-Day, they'll be out on the job hunt from...well now.

    My wife's company is merging with a rival, there will be redundancies.
  • EMarkM 3 May 2013 12:51:10 3,174 posts
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    @DaM In our case, it is a very complex, phased approach to a multiple-company organisation, and we have in fact know it was coming for over four years already :(
  • Rusty_M 3 May 2013 12:57:22 4,706 posts
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    @EmarkM that sounds very similar to my situation. Got taken over by a larger company in 2009 who kept us and other companies they took over separate. We've been gradually integrating since then, and from next year the other brands will start disappearing, starting with the one I work for.

    To be fair, the original company would have gone bust if we weren't taken over.

    The world is going mad. Me? I'm doing fine.

  • RyanDS 3 May 2013 13:08:15 9,430 posts
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    DaM wrote:
    Surely 18 months notice is just an attempt to get the numbers down? Or close down as quickly as possible?

    Because I can't imagine anyone is going to be ticking off the days on their calendar until D-Day, they'll be out on the job hunt from...well now.

    My wife's company is merging with a rival, there will be redundancies.
    Generally it means the department was due to shut down in 12 months or so. They then calculate that if they make everybody redundant then they have to pay X amount of money. If they give it an extra few months and give people warning loads will get new jobs before then (so no redundancy payments at all) and the remaining who stay the extra months plus their redundancy will cost Y. If Y is less than X then warn people, if it's the other way round sack them on the spot with no notice.
  • rudedudejude 3 May 2013 14:41:23 2,186 posts
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    I think the end of financial year accelerates things a bit with new forecasts etc. At least that's what happened at our place..
  • EMarkM 3 May 2013 15:18:25 3,174 posts
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    @Rusty_M I'm starting to wonder if you work with me! Our "merger" was Dec 2008, but another one of the companies was 2009 I think.
  • Fab4 24 Feb 2014 10:05:32 6,092 posts
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    Just got the "we have some bad news" meeting this morning. Me and another guy are being made redundant in the next 6-8 weeks because of lack of funds. 17 years of working as a telecoms research engineer, up the swanny.
  • Load_2.0 24 Feb 2014 10:25:25 19,353 posts
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    Sorry to hear that. If it was 17 years at the same place at least the redundancy package should be decent.

    Plus the job market is pretty busy right now.
  • Deleted user 24 February 2014 10:26:18
    Sorry to hear that Fab4, :(

    I was unemployed for the first time in my life last year. Thankfully I had unemployment insurance which helped me through.

    I'd recommend getting your CV up and on Monster, Jobserve and TotalJobs tonight. A mistake I made was thinking about doing it too long. It takes about a month to get a new job and as the adage goes, its easier to get a job with a job... and those unemployment offices are miserable places which are not a lot of help if you're not in their usual demographic.

    Good luck and get on with it. I'm in a much better place now... didn't think I would be back when I got "the news".
  • robc84 24 Feb 2014 10:29:18 5,706 posts
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    That sucks Fab4 :-(

    I'm a bit concerned my place is going in that direction (worked here for 11 years). I should really look at bringing my CV up to date just in case.

    Been in the same place for so long will be difficult if the worst does happen!

    Good luck to you.
  • Fab4 24 Feb 2014 10:33:51 6,092 posts
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    I wont get anything as I'm being made redundant because of financial reasons. I had been working at this place for nearly 11 years too.

    The good thing about The Netherlands though, even for ex-pats, is that they have unemployment insurance built-in. So I can be on 70% of my final salary for nearly a year (I think), as long as I look as if i'm looking for work. And then it reduces over time, for a total period of 3 years. So its not a case of being out on the streets. Its still a bit of a pisser though
  • Deleted user 24 February 2014 10:43:07
    Fab4 wrote:
    I wont get anything as I'm being made redundant because of financial reasons. I had been working at this place for nearly 11 years too.

    The good thing about The Netherlands though, even for ex-pats, is that they have unemployment insurance built-in. So I can be on 70% of my final salary for nearly a year (I think), as long as I look as if i'm looking for work. And then it reduces over time, for a total period of 3 years. So its not a case of being out on the streets. Its still a bit of a pisser though
    Enjoy your time off then. Its rare that you get the opportunity to take time out of the rat race and the 6 months that I had were genuinely good for a recharge of the soul. My only wish was that I knew on day 1 that I'd be in a new job 6 months later. As it was that pesky "looking for work" lark got in the way more than I wanted.

    But enjoy the time and consider your options and if you're happy with where you are. Its hard feeling like you're a little worthless though as we tend to ask people "what do you do for a living" as a matter of course in conversations and its not nice saying "I'm unemployed" and feeling - even if its only you that feels it - that you're a bit crap. Aside from that, I enjoyed the time and it was a real eye opener and has made me appreciate things a bit more.
  • Dougs 24 Feb 2014 10:57:34 68,036 posts
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    Sorry to hear that. Long time with one place.

    Is there no minimum for redundancy in NL then? Surely there must be, even if's just 1 week per year worked (as min requirement in the UK). Can't for a second think that the UK is better for Employee rights!
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