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Author Topic: "at risk of redundancy"  (Read 7141 times)

Ian Price

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Re: "at risk of redundancy"
« Reply #15 on: March 06, 2011, 07:37:42 PM »
Cheers mate. The one good thing, if I do go, is that the redundancy terms are pretty good. With my service and age I would get 42.5 weeks salary. It's just finding another job, at a similar salary, that worries me.
I think I hate being indecisive.

Matt77

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Re: "at risk of redundancy"
« Reply #16 on: March 06, 2011, 08:20:24 PM »
My friend is an actuary
I've known him since I was 4 years old.
He has set his retirement date for 6 years time
We are both 34.  :(

Transcend

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Re: "at risk of redundancy"
« Reply #17 on: March 06, 2011, 08:24:17 PM »
the only thing you really need to do is be confident in your job and show this in these assessments.

I am also at risk of redundancy but no notices have been handed out yet but there are 30-50 expected in the first half of this year and more to follow q1 2012

_tom_

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Re: "at risk of redundancy"
« Reply #18 on: March 06, 2011, 08:44:23 PM »
Sorry to hear that Ian :( Unfortunately I don't have any useful advice as I'm finding it hard enough to get myself a job in the first place, even with some experience and a First Class degree in the area I want to go into.

Ian Price

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Re: "at risk of redundancy"
« Reply #19 on: March 06, 2011, 08:47:49 PM »
My friend is an actuary
I've known him since I was 4 years old.
He has set his retirement date for 6 years time
We are both 34.  :(

 :(

At a recent event I met a guy who I had not seen since my first day. We joined the company together and lost contact after about a month. Turns out he is now a director in one of the actuarial departments. There are only a handful of people at his level and only one layer between him and the CEO. He is the same age as me.  :(

He does work very long hours though.  :)
I think I hate being indecisive.

FernandoDuarte

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Re: "at risk of redundancy"
« Reply #20 on: March 07, 2011, 11:39:37 PM »
Sorry to hear it Ian, hope you kick some ass there and people get surprised with you! Do your best, with your best confidence... Confidence counts a LOT!!!

James C

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Re: "at risk of redundancy"
« Reply #21 on: March 08, 2011, 07:45:49 AM »
Best of luck Ian!

Off topic(ish):  Actuarys do have the chance to earn big money, I left 6th form and have worked in Pensions Admin for 5 years and earn a good-ish wage, My GF started as a trainee actuary in september and by the end of this year will be on 10k a year more than my wage :-(. but she does spend all of her free time studying or working.



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Ian Price

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Re: "at risk of redundancy"
« Reply #22 on: March 11, 2011, 10:21:00 PM »
Well, just a quick update on this. And it's good news for me. The director of the IT department and my old director agreed yesterday to transfer me permanently into IT and remove me from the assessment centre on Monday.

Such good news, a massive weight off of my mind and now free to enjoy a stress/worry free weekend.

Thanks all for the messages of support, much appreciated and further proof as to why this is the greatest forum going.

Matt - cheers for taking time to PM me. I had planned to respond to you earlier this week but got an inkling that something was happening behind the scenes.
I think I hate being indecisive.

Twinfan

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Re: "at risk of redundancy"
« Reply #23 on: March 11, 2011, 10:24:53 PM »
SUperb news Ian - made up for you  :D

Have a fantastic weekend - chill out and relax!

38thBeatle

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Re: "at risk of redundancy"
« Reply #24 on: March 11, 2011, 10:29:41 PM »
Nice one-I am really pleased it has resolved itself.
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Philly Q

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Re: "at risk of redundancy"
« Reply #25 on: March 11, 2011, 11:10:12 PM »
Great news Ian!  :D
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FernandoDuarte

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Re: "at risk of redundancy"
« Reply #26 on: March 11, 2011, 11:25:43 PM »
:D Great news!

Afghan Dave

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Re: "at risk of redundancy"
« Reply #27 on: March 12, 2011, 02:26:10 AM »
Excellent news.   :)

I cannot believe that such disgusting employment practices such as "assessment centre" evaluations after such long service are allowed to exist.

As most of you know, I probably sit "right of centre" in my politics but I am a firm believer that the absence of a contemporary evolved trade union movement has distorted the workplace just as badly as "work to rule" and "flying pickets" ever did.

 :x :x :x 
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38thBeatle

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Re: "at risk of redundancy"
« Reply #28 on: March 12, 2011, 08:12:30 AM »
I agree Dave.
I was talking to a colleague a few days ago in another  office of the company I work for. He is being made redundant as they have decided that the job he does, along with one other ( and she gets paid less than he does) is now a job for one person. So they made him redundant after an "assessment hearing" and he leaves in 3 months.... they asked him to stay a while because there is so much on at the moment. I don't know the full circumstances but that sounds a little bizarre- there is apparently not enough work for two and yet he has to stay on to clear it. Maybe a backlog but I have close contact with them and would be affected by any backlog and have seen no evidence. He's 37 with a mortgage and 2 kids.
I nearly lost my job 3 years ago and the "package" being offered was statutory minimum- no exceptions ( not just to me but to all those who actually did lose their jobs). This was after 10 years of early mornings, late nights, rare lunch breaks, taking work home etc etc.  Scum bags- I only stayed after I decided I would get what I can out of them but my plan isn't working particularly well I must admit.
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AndyR

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Re: "at risk of redundancy"
« Reply #29 on: March 12, 2011, 09:58:18 AM »
Sorry I missed this, but nice one how it's worked out Ian :D

And I tend to agree with Dave as well.
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