Take Redundancy Or Stick With Job? | Bitcointalksearch.org

noel2123

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Quote from: Qunenin on January 29, 2017, 10:03:59 AM

Quote from: praprata on October 18, 2016, 11:16:24 AM

Quote from: bitjoin on September 29, 2016, 03:35:35 PM

Quote from: markj113 on September 29, 2016, 03:27:16 PM

Depends on what the annual salary is and how long it would take to earn the $20k redundancy offer.

$20k is not a lot of money and wont last long.

Job is part time but pays more than $20k per year so yeah would take under a year to earn that back but she can get another job so does this matter?

Basically paying $20k for a good job (but on paper) it seems?

Stick with your job because that is going to assure you that you are going to earn money every month which is really needed it would not quit it.
Just do your job and Bitcoin in the side then I am sure that you will be fine financially.

If cant afford to take risk, i will suggest to stay with the current job and if possible also take that another Job as a part timer. It surely depends on the how much time you have, How much energy you posses. Obviously you cant work for 20 hrs a day and make yourself ill after a week. A balance is needed in all walks of life.

For me, I would choose for 20k paying. We all know that we need a stable income, but if you have been offered on your home with stable income or job, I would choose to work in my home. Obviously, you can work on your home, you can always be relax, no stress in your office work. If you would need to take a nap, you can. But we need a stable income, or job, we should have 20k plus job or earnings

Qunenin

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Quote from: praprata on October 18, 2016, 11:16:24 AM

Quote from: bitjoin on September 29, 2016, 03:35:35 PM

Quote from: markj113 on September 29, 2016, 03:27:16 PM

Depends on what the annual salary is and how long it would take to earn the $20k redundancy offer.

$20k is not a lot of money and wont last long.

Job is part time but pays more than $20k per year so yeah would take under a year to earn that back but she can get another job so does this matter?

Basically paying $20k for a good job (but on paper) it seems?

Stick with your job because that is going to assure you that you are going to earn money every month which is really needed it would not quit it.
Just do your job and Bitcoin in the side then I am sure that you will be fine financially.

If cant afford to take risk, i will suggest to stay with the current job and if possible also take that another Job as a part timer. It surely depends on the how much time you have, How much energy you posses. Obviously you cant work for 20 hrs a day and make yourself ill after a week. A balance is needed in all walks of life.

BillyBobZorton

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Sounds too good to be true. What company is that that it can afford 3k yearly raises? most companies nowadays can barely afford any raises.

And working from home? that sounds great, I hate commuting. What field is the job about and how did she find it? I want to work from home, I hate going out everyday at 8 in the morning, its too cold.

notech

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Hey! How did it go later on? Grin

praprata

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Quote from: bitjoin on September 29, 2016, 03:35:35 PM

Quote from: markj113 on September 29, 2016, 03:27:16 PM

Depends on what the annual salary is and how long it would take to earn the $20k redundancy offer.

$20k is not a lot of money and wont last long.

Job is part time but pays more than $20k per year so yeah would take under a year to earn that back but she can get another job so does this matter?

Basically paying $20k for a good job (but on paper) it seems?

Stick with your job because that is going to assure you that you are going to earn money every month which is really needed it would not quit it.
Just do your job and Bitcoin in the side then I am sure that you will be fine financially.

ObscureBean

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Quote from: bitjoin on October 15, 2016, 01:06:25 PM

Update on the situation. The new private company back tracked on the pay rise, there is no pay rise. They also have a clause in the new contract which means they get final say over anything should there be a disagreement basically over anything. ha. So basically the only thing they offer which is great is private medical cover.

We are going for money 100%, we are now waiting to see if they accept.

Yup that's what I would've done anyways raise or no raise. $20k is not a whole lot of money but it is a nice sum for an investment, especially since it's not money you've been saving up over a long period of time. I'm of course assuming here that you guys don't depend on your GF's part time job. Also if you're going to invest, take all the time you need to make the right decision. Congrats and good luck!

qiwoman2

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Times have changed, for many of us there are no jobs, forget about redundancy money lol. Now most employers in western countries are employing peeps part-time so that they don't give them the full package and benefits they would for full time staff. Also they mostly employ younger people, not old bats like me muahahaha.

pitham1

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Quote from: bitjoin on October 15, 2016, 01:06:25 PM

Update on the situation. The new private company back tracked on the pay rise, there is no pay rise. They also have a clause in the new contract which means they get final say over anything should there be a disagreement basically over anything. ha. So basically the only thing they offer which is great is private medical cover.

We are going for money 100%, we are now waiting to see if they accept.

Ah, they made your choice easier. If they can backtrack now on the retention terms, they can backtrack on anything. Your GF should start looking for a new job right away, before the money hits your bank account.

Daisy14

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That's a smart move - you taking the money Grin

bitjoin

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Update on the situation. The new private company back tracked on the pay rise, there is no pay rise. They also have a clause in the new contract which means they get final say over anything should there be a disagreement basically over anything. ha. So basically the only thing they offer which is great is private medical cover.

We are going for money 100%, we are now waiting to see if they accept.

jak3

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i think i would choose stick with the job and i do not accept offers like these because it is simply dealing with my job and that is hell risky as the question here is about my servival

amacar2

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Better to stick with the job but if chances of getting new job which will include some social interaction as liked by your GF better she leave this and take the money and packages they are offering. But working from home seems quite good rather than having social interaction daily and get into social problem mess. If opportunity for new job is high than better to find the job she love to do leaving this one.

MingLee

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My opinion is a parrot of what everyone else has been saying, it all depends on what she has been earning previously, and as such what she can expect to earn in the future. If she can earn at least $20k each year with the $3k pay raise, then keep the job and if you want to move on just set up another job offer while she's working, so she is never stuck unemployed.

It also depends on how long she is guaranteed work. A minimum 2-3 years would be worth keeping the job for. Receiving $20k at once and being unemployed for a year or whatever is a terrible trade-off.

Make sure the employers are willing to be references for future work.

sbtctalk

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Quote from: bitjoin on October 01, 2016, 11:57:42 AM

Quote from: sbtctalk on October 01, 2016, 11:36:38 AM

Quote from: bitjoin on October 01, 2016, 11:11:50 AM

Quote from: sbtctalk on October 01, 2016, 02:13:25 AM

Your GF should consider other factors - are her current superiors leaving? Would she be facing off a bunch of new hires brought in by new management?

Are there still training and career advancement opportunity under new management?

Yes there are some new management but some remain. There are plenty of opportunities to progress career in this job but would mean hard work and we are considering a more relaxed lifestyle is in our plans.

Current news just in, we are now slightly favouring taking the money - Its 65% chance we take the money now ATM.

Sounds like a plan. Please use the money wisely! All the best to you and GF!

Thanks man and yeah i have no idea really how to use this fiat currently. The banks aren't giving out enough interest to beat inflation i dont think - need to check around. Already have some bitcoin so would have to be put into gold/silver or something else. I have little clue about investing in gold/silver.

$20k isn't that much either so need to put it into something simple and safe.

I can only advise you the don'ts:

- do not lend out money in P2P lending. You are bound to lose it - check out my post: https://bitcointalksearch.org/topic/this-is-why-bitcoin-p2p-lending-is-dead-1625932

- if possible, try not to get involved in mining or cloud mining, especially genesis mining.

- do not lend the money to friends or family members. And do not let your friends or family know this 20k exists.

- Personally, I will park 75% of the monies in bluechips and collect dividends, the other 25% I will buy bitcoins Cheesy

bitjoin

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Quote from: sbtctalk on October 01, 2016, 11:36:38 AM

Quote from: bitjoin on October 01, 2016, 11:11:50 AM

Quote from: sbtctalk on October 01, 2016, 02:13:25 AM

Your GF should consider other factors - are her current superiors leaving? Would she be facing off a bunch of new hires brought in by new management?

Are there still training and career advancement opportunity under new management?

Yes there are some new management but some remain. There are plenty of opportunities to progress career in this job but would mean hard work and we are considering a more relaxed lifestyle is in our plans.

Current news just in, we are now slightly favouring taking the money - Its 65% chance we take the money now ATM.

Sounds like a plan. Please use the money wisely! All the best to you and GF!

Thanks man and yeah i have no idea really how to use this fiat currently. The banks aren't giving out enough interest to beat inflation i dont think - need to check around. Already have some bitcoin so would have to be put into gold/silver or something else. I have little clue about investing in gold/silver.

$20k isn't that much either so need to put it into something simple and safe.

sbtctalk

sr. member

Activity: 266

Merit: 250

Quote from: bitjoin on October 01, 2016, 11:11:50 AM

Quote from: sbtctalk on October 01, 2016, 02:13:25 AM

Your GF should consider other factors - are her current superiors leaving? Would she be facing off a bunch of new hires brought in by new management?

Are there still training and career advancement opportunity under new management?

Yes there are some new management but some remain. There are plenty of opportunities to progress career in this job but would mean hard work and we are considering a more relaxed lifestyle is in our plans.

Current news just in, we are now slightly favouring taking the money - Its 65% chance we take the money now ATM.

Sounds like a plan. Please use the money wisely! All the best to you and GF!

bitjoin

hero member

Activity: 1372

Merit: 500

Quote from: sbtctalk on October 01, 2016, 02:13:25 AM

Your GF should consider other factors - are her current superiors leaving? Would she be facing off a bunch of new hires brought in by new management?

Are there still training and career advancement opportunity under new management?

Yes there are some new management but some remain. There are plenty of opportunities to progress career in this job but would mean hard work and we are considering a more relaxed lifestyle is in our plans.

Current news just in, we are now slightly favouring taking the money - Its 65% chance we take the money now ATM.

simpler2016

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I agree completely with the fact that a flexible work schedule - it is very convenient. I would just kind of work chosen. It is important for me to be the master of your time.

iv4n

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I will stick with home yob, 20 k redundancy is not so much. With that rise, flexible working time sounds like good job. 20 k she will earn in some time, and new work with good terms is not so easy to find.
This is great opportunity and she need to accept that job, many would love to work from home, and plus she can organize her own time.
If she find some better opportunity she can quit easily, it's hard to get job like that one. But in the end both of you need to make decision based on your future plans.

entrepmind23

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It would really depend on her if she really likes the job or not. For me, I would choose to continue to be employed with the company because she have flexible hours anyway and it is not guaranteed that she can find a job that would be better than the job she has for now. And there is a guaranteed raise already so the $20k that she would have to receive when she quit the job could be earn in a few months if she retained the job.But if there is an urgent need for her to have the money then she can take it and maybe find another job or make a business perhaps. It would really depend on her. Just list the advantages and disadvantages of each option and weigh it what would be the better choice.

Topic: Take Redundancy Or Stick With Job? (Read 1049 times)