As January fast approaches, sales will plummet in the company I work for. I've already have my hours halved from 40 to 20 two months ago. I've been with the company for 28 months (UK) and I have a strong gut feeling that I'm going to be made redundant. I believe that I'd only get 2 week's salary as redundancy pay. Any advice on this please? Many thanks.

like
Posting as :
works at
You are currently posting as works at

Wow cutting your hours in half is crazy. I would start looking for a new role if I were you. I wouldn't even wait until I was made redundant to find something new.

like

Yes I've been job searching on an almost obsessional daily basis. I'm also the oldest member of staff there so I wonder if that's coming into play also. Watch this space. If it does happen, I'll let you know.

So sorry to hear that. I just noticed that you are in UK. I am not sure how it works there. In the Unites States, sometimes one can collect PARTCIAL unemployment benefits to make up some of the difference.
You might also look into another part-time job.

like

Yes I've had to do that. It feels quite embarrassing.

Related Posts

Years of Experience: ~6 Years
Prior Compensation: ~ 30 LPA (FIXED) + 12 LPA( ESOPS) -> ~ 42 LPA

Company: Microsoft India
Title/Level: L-62
Base: 38 Fixed
Signing Bonus: 8(6+2)
Stock bonus: $80k for 4 years
Relocation: Basic + 3 Lac
Bonus: 10-20%
Total comp- 38+6+15 ~ 59 LPA

Company: Oracle
Title/Level: IC3

Base: 43 Fixed
Signing Bonus: 10(5+5)
Stock bonus: 1200 RSU for 4 years
(CTC): Rs. ~66 LPA
more inclined towards Microsoft, but they are offering less
Need suggestions Microsoft Oracle

like

Why are sizable salary bumps offered for switching firms, even for the same role? What’s the methodical rationale for this practice? Is the initial increase somewhat sustained or quickly normalized?

like

Hi fishes,

Got an offer from Amazon for Data Engineer-2

Yoe-2

Base - 20LPA
Bonus - 10LPA (over 2 years)
RSU-137 (over 4 yrs) worth 13.5 LPA,standard Amazon vesting

I moved to my current company just a month back but Amazon process was in progress, so leaving in probation. I don't think they considered TC of my current company (17 LPA from 7.5 LPA) as it's been just a month. Any views regarding the offer and TC offered.

Thanks already!

Cheers

like

How much salary is offered to director and senior director ?

like

Anyone had the experience working in the US as a consultant? Apart from higher comp, do you feel there are more opportunities there?

like

This is the compensation details I received in offer letter. Won't they provide the actual salary break up that contains basic pay, other deductions etc?

Post Photo
like

Junior copywriter negotiating salary in NYC . I spent 8 months at my first gig. What kind of range should I expect? 60K?

How would you define/ describe employee growth at Vaco? Do they give opportunities for growing in the role? What are salary ranges for Team Lead position? Also, how is the company acknowledging employees work during appraisals?

like

What is the salary range for epic application analyst pharmacist? I was offered 135k and have 3 years of experience. I am Willow and Inventory certified and have the ability to work remotely. I am based out of the Cincinnati area.

like

I got an offer with 20lpa for grade 5B senior test lead. Is it less or more or average? Also when will joining bonus be paid?

like

Anyone work for USAA as a bi adjuster and doesn’t mind sharing there yoe and salary? I heard good things about them and am considering applying. I’m currently at 76k with my current company 8.5 yoe.

like

Does anyone work in a very volume based area of law (i.e. insurance defense, workers comp) but have partners who are perfectionists to an absurd degree? How do you manage to get your billing in when everything always has to be revised?

like

Have an explorative call tomorrow with Amazon for a Sr Financial Specialist, Catalyst - FSI Angler. Anyone know the comp range on this?

likesmart

Fidelity Investments I joined FIL on 08th August 2022 and hence was eligible for appraisal but even after a good feedback, I was told that there is no increment in salary as well as bonus because of "Too Soon To Decide" rating. And this is being followed not just in our team but in whole FIL. This is the first time I am hearing such kind of thing and didn't found any thing like this on "HR Hub". So, if anyone of you know about this or have received similar gyan from Manager, please share your experience. Fidelity In

What’s the band for an SC salary at Deloitte (non MBA) in a HCOL city?

like

What comp should I expect for a corp strategy role for a large tech company in SF? Currently 2 yoe out of undergrad

like
like

Hello Everyone , please help me to understand monthly in hand salary for below compensation structure .thanks in advance !!

Post Photo
like

Hi guys, i have received offer from tcs with 13LPA, please refer below screenshot, can anyone tell me, how much take home salary i can get??

Post Photo
like

Hi Fishes,

Please help me with In hand salary

TIA

Post Photo
like

More Posts

My manager (unknowingly) messaged me on Grindr. What should I do now?

funnylike

I’m currently giving referrals to Deloitte for anyone with cyber experience who is cleared to work in the intelligence community and willing to work in the Maryland area, experienced in telecommunications, digital, and computer network technical analysis.

likehelpful

I'm glad there's now a bowl for small business owners.

What are your top 3 challenges that you face?

I'll start. I own a wine business for background information.

1. Getting people to buy wine virtually
2. Shipping cost
3. Supply

Has anyone changed RPs because the RP is racist? Is that a complaint you can bring up to HR?

like

Have new analyst on the team with an MBA and project experience. After working with them for 2 months it’s apparent that there are 0 consulting skills (excel, outlook, PowerPoint) and they freeze up even on internal calls. They are young and coachable, and I offered to put time into that. However at a company event they made no effort to get to know the team and chose to stick to their familiar colleagues in their home office. I’d like to ask for a new resource but interested in feedback.

likehelpful

Is there anyone who is into market research ?

Hello Everyone , please help me to understand monthly in hand salary for below compensation structure .thanks in advance !!

Post Photo
like

What's up with commercials nowadays? The ones I worked on back in the early 2000s were so much more creative. Maybe everyone is running out of ideas?

likefunny

Anyone else just come to work so you can enjoy the free toilet paper?

like

Most sweatshop agencies?

like

On average how long have folks found the job search take in this market? I’m interested in project management roles and have 7yrs of PM a experience.. getting discouraged, sigh !

like

140k / SF / F / 31

like

I’m a junior AD with masters degree from portfolio school, 2 years agency and freelance experience. Looking to move to Chicago or Midwest cities. What kind of $$ range would that be?

Dear Candidate,
Congratulations!!!
You got Shortlisted with Capgemini, You will receive a call for the further step shortly. Does this email mean I am selected ? I got this after my technical round ended.

like

I’m looking for poets interested in teaching poetry 👀 Message me if you’re interested!

Post Photo
likehelpful

Which is more stressful? Data Science/analytics or Project Management? Which is more in demand? And which gets paid more?

like

Hi fishes,
Joining JPMC next Monday. When should I buy the laptop, before joining or after? Also, which is the best laptop to buy?
Thanks!

like

Hi guys, i have received offer from tcs with 13LPA, please refer below screenshot, can anyone tell me, how much take home salary i can get??

Post Photo
like

I am a manager working in forensic and dispute advisory services with pwc. I am looking for similar profile in niche firms like anm , fti consulting, control risk. Can anyone refer me for a suitable profile.@

like

Additional Posts in The Worklife Bowl

What’s your dress code these days?

Post Photo
funnylikehelpful

Hate the city I decided to move to and my roommate sucks, quarantined back home at my parent’s and tempted to work from here forever haha

likeuplifting

Friendly reminder: please clean your phone as often as your hand 🖐

Post Photo
likehelpfulfunny

We’re using our downtime to redecorate/renovate our home to change it up during quarantine. Any apps to help with the planning and measurement, etc? We’re using Pinterest and Instagram to gather ideas.

like

Y'all were too quick to judge

Post Photo
likefunnyuplifting

California small firm attorneys - how is your firm handling the latest shutdown orders?

Everyone remote? Declaring yourselves “critical infrastructure”? Adhering to capacity limits but still meeting with clients?

(I should also add, I’m in estate planning & trust administration. Earlier CA orders specifically exempted legal practice re death and incapacity. Newest ones now seem silent.. Ugh, who knows anymore.)

like

Anyone in NYC with any fun local Christmas delivery ideas? I am thinking unique gift ideas or baskets from local shops, to support the community!

like

Please and thank you!

Post Photo
likefunnyuplifting

Pregnancy test shows positive! Finally! 😀Really happy at the same time little scared 😟to go out at the clinic for any test in current scenario coronavirus..What next.. any tips?I hope it will workout!

likeuplifting

Realized I like to sit cross legged while I work and my current chair doesn’t have enough room for that. Anyone have chair recommendations? Flexible on price

like

Does anyone here freelance on the side? How do you price yourself? I work in data science and so my w2 pays me $300k so around $150hr when broken down to hourly. Can I reasonably do the same work on the side through freelancing basing the project cost around $300hr? I just want to create an additional income stream since I was growing my real estate business for these past few years and now I’m waiting and saving for future opportunities and I’m bored and would like to increase my cash more.

like

Summary:
- mid-30s, female, single, no rent, no kids,
long term relationship so not willing to
relocate
- Master's in Cell/Molecular Biology
- Currently work with state health
department as a water resources
engineering tech.
- Hold a public health inspector
license.
- Hold a water operator license
- Have adjuncted in the past
- Have written medical content/
whitepapers in the past
- Prior surgical clinical operations
management. Built a dental implant
practice for OMFS surgeons.
(Continued)

like

Gosh I just spent 2 hours on my handover worksheet and the word document is already 1.5 pages long... that’s only for 1 topic... 3 more topics to go. Good luck to whoever is going to take over all these from me haha. You can officially say goodbye to work life balance 🤣

like

Book recommendations? I’ve been reading atomic habits, and have moved onto Traders guns and money.

like

So masks infringe of freedom but no one wore them, so now we don’t have the freedom to go anywhere?

like

Looking to get ANC headphones: B&O? Bose? Apple? Quality and durability are key factors.

likehelpful

Recommendations for office chair , I have a bad back and need lumbar support.

like

Everyone, please start book marking your nominees for "Fishbowl Thread of the Year."

Planning prizes (gift cards?) for 1st/2nd/3rd place by most votes on 1/1/2021 12 PM CST

My money is on the "Singles in Consulting" bowl having some juicy stories.

like

Do you think most industries will eventually go back to full time/ 5 days per week in the office?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal