Has any senior experienced financial services professional applied for Job seeker allowance benefits when out of work? How was the experience? Online I read experiences of some weren’t great as one has to apply for any jobs that the coach asks to apply and also report to them every week?

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It was the most dehumanising thing I’ve ever experienced but it will be based on the advisor you get. The first one was pleasant but ineffective, sending any job that mentioned finance without considering my skill set, the second one I had was terrible and made me feel like the scum of the earth, threatening to sanction me for being in a situation that was out of my control. I filed a complaint and she was reprimanded and I was handed a new advisor but I was traumatised by the experience.

In the end I finally landed a job I applied for well before seeking job seeker benefits but vowed to never find myself at their mercy again even if it meant having to take out a personal loan.

Good luck

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Wow and thanks for sharing your experience, thats exactly my concern.if they treat senior experienced ppl that have put more money in to the NI than themselves and still get treated like crap then claiming JSA will not be a good idea.

Yup imagine effectively paying “60% tax” yet when you need help from the system you’ve been paying into, somehow it’s a problem

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