emicen
Member
Registered: 26th Jul 10
Location: Glasgow
User status: Offline
|
I did the same but opposite last year.
Was contracting, now gone permanent. Big change, reasonable pay drop but it was necessary to take me in the direction I wanted to go. That's the crutial bit, is it what you want to be doing or just something else you 'could' do just now?
I got the kick up the arse I needed from my contract being cancelled as a result of the project being cancelled. Got a flat mate so bills were covered and sold a car to give me breathing space. As it turned out I didn't really need to do either, was back in work under a month after starting looking.
What I would say from the self employed point of view, you really need the financial back up before doing it. My dads done it and my flat mate (and his parents) do accounting. Year one expect to make nothing, that's their party line.
What I do know is being in a job I'd grown to hate was destroying me as a person, but in my new job, doing what I want to be doing, I'm more pressured than ever before and absolutely loving it!
[And with a few years experience, back to contracting, hello 5-8 ton a day  ]
|
AndyKent
Member
Registered: 3rd Sep 05
User status: Offline
|
Only you can decide. I know taking advice is important and all that, but only you know whether you can actually make money. Its a big jump between the idea of being self-employed, and actually winning new clients and keeping people happy.
I guess as a teacher already you're very much a 'people person' so winning clients shouldn't be a problem, its finding them in the first place.
If you left would you have any definate form of income to rely on if, in the worst case, you struggled to find private work?
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
|
quote:
Originally posted by AndyKent
If you left would you have any definate form of income to rely on if, in the worst case, you struggled to find private work?
Nothing is guaranteed.
[Edited on 23-03-2011 by Ian]
|
Jules S
Premium Member
Registered: 24th Dec 03
User status: Offline
|
quote:
Originally posted by Ian
quote:
Originally posted by AndyKent
If you left would you have any definate form of income to rely on if, in the worst case, you struggled to find private work?
Nothing is guaranteed.
[Edited on 23-03-2011 by Ian]
As above, you need to be pretty sure about employment if you take the pay off.
I'm in a similar boat, but not so close. If it comes down to taking the payment I'll be looking at getting a hell off a lot more PJ cash work in place before hand.
|
stubs
Member
Registered: 30th Jun 02
Location: Bolton
User status: Offline
|
quote:
Originally posted by smcGSI16V
The best thing that ever happened to me this time last year was going through redundency.
I didn't have to leave as they said I was safe but it made me realise the grass was greener on the other side and there were plenty of other opportunities out there for me to earn better money with better prospects and better home life. So I vuluntiered/gave my notice, left with redunduncy money and walked straight into another job.
It was a very hard decision as I had a house I could lose. but support from friends and family and the other half made the difference. Especially going from a job I had been in for 8 yrs at the same company, I was very much in a comfort zone.
Best move I ever made.
I dont look back now.
You will never know unless you bite the bullet and go for it imho.
[Edited on 23-03-2011 by smcGSI16V]
Same here!! I was facing redundancy pretty much from day 1 of my 1st proper job... 5 years on, they were still talking & making suggestions and it got to be quite annoying - morale was down and the roles were no longer progressing. I left for a job in London where I was on a proper tidy wage... 6 months in, talk of redundancy again  wasn't so much gutted, but a bit knocked back at 1st. Everyone was optimistic but I knew what was coming... another 6 months on and it all got confirmed. I actually got a really really good pay out and moved back to Manchester. Bummed about working with a mate for 9 months and then as my redundancy money was running out I decided to get another IT job. Applied for 1 job (I really wasn't very enthusiastic about it) and got offered the job right away.
Turns out that my collegues from my 1st job were made redundant not long after all this, and one of them who'd been there almost 10 years didn't get half the amount I got from my job in London
Despite being a little sad that I'm not still working for the place in London (as they were a FANTASTIC company to work for)... I've never looked back and am very satisfied with my moves. All this talk about "current climate" etc... BOLLOCKS! If you've got the get up and go, and the gift of the gab, you'll crack it.
|
stubs
Member
Registered: 30th Jun 02
Location: Bolton
User status: Offline
|
quote:
Originally posted by Jules S
quote:
Originally posted by Ian
quote:
Originally posted by AndyKent
If you left would you have any definate form of income to rely on if, in the worst case, you struggled to find private work?
Nothing is guaranteed.
[Edited on 23-03-2011 by Ian]
As above, you need to be pretty sure about employment if you take the pay off.
I'm in a similar boat, but not so close. If it comes down to taking the payment I'll be looking at getting a hell off a lot more PJ cash work in place before hand.
Don't you work for BSkyB?
|
Jules S
Premium Member
Registered: 24th Dec 03
User status: Offline
|
quote:
Originally posted by stubs
quote:
Originally posted by Jules S
quote:
Originally posted by Ian
quote:
Originally posted by AndyKent
If you left would you have any definate form of income to rely on if, in the worst case, you struggled to find private work?
Nothing is guaranteed.
[Edited on 23-03-2011 by Ian]
As above, you need to be pretty sure about employment if you take the pay off.
I'm in a similar boat, but not so close. If it comes down to taking the payment I'll be looking at getting a hell off a lot more PJ cash work in place before hand.
Don't you work for BSkyB?
Wrong Jules methinks...I'm the polar opposite of the other one
|
stubs
Member
Registered: 30th Jun 02
Location: Bolton
User status: Offline
|
Ah no worries 
|
Kerry
Member
Registered: 5th Oct 01
Location: Norwich
User status: Offline
|
The fact your considering it means there's more of a chance you could regret it if you don't.
The thing is everyones circumstances are different so it's hard to give you advice which helps your personal situation.
Taking redundancy was the best thing I did because we had an 8 week old baby when it happened. This then gave me the ability to have 10 months comfort zone before looking for work without the worry of childcare.
Things to look in to, can you reduce any bills? Make your outgoings lower. Can you take payment holidays on your mortgage? Could buy you more time if you need it? Or are you covered for redundancy? But again check the policy because it may not be the case if you take voluntary.
Big one for me is are you willing to take anything if the case arose. I.e you go self emp but things are slow to pick up so you need say bar work to support you for a while?
That being the case there's that little jobs and that many people looking even bar work is hard to get when your over qualified they literally laugh at you!!
I've gone from being a full time manager within a bank to hopefully taking 2 part time jobs that fit around my family, that said if something came up for the same money I was on before we could afford for Russ to cut his hours and me support the family instead
Lots the think about but if you take the leap I have no doubt you could make it work Ian!!
Good luck x
|
Steve
Premium Member
Registered: 30th Mar 02
Location: Worcestershire Drives: Defender
User status: Offline
|
x
|
Ojc
Member
Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
|
Take it
|
3CorsaMeal
Member
Registered: 11th Apr 02
User status: Offline
|
make the change, in any situation i find going for the change is the best option.
otherwise you won't ever know, if it turns out to be a wrong decision, then make a new decision
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
|
Summary
VR is available to go for and a decision will be made in due course
All the other stuff I'm unhappy about will be investigated if I put my name to it properly, ie. everyone else gets dragged through the ringer while I'm waiting for the VR money, if at all it's available.
|
JM_16v
Member
Registered: 17th Oct 05
Location: Essex Drives: GLC63S
User status: Offline
|
i got made redundant, in the 2nd round at work, the first round was 15% of the staff went then about 6 months later another 15% went when some people chose VR in the first lot they were given a better package but it wasnt an option on the second lot.
my mum chose volentry because as you said Ian she was pushed and then she was offered a lesser contract for less £££ but less staff meant more work.
so she went self employed private teaching and also did 1 day at 2 diffrent schools,
im im honest unless they give you a better package for VR i wouldnt take it, the risk is there of not finding anything else in time is to high and could really mess things up
|
Bonney
Member
Registered: 14th Nov 04
Location: St Helens
User status: Offline
|
What I would say is go for it. If you think that you can make something of it id start right now, Wouldn't wait for your redundancy.
Take your mates offers of freelance work and get the nack of working on your own, whilst you are doing that start to get your name around whilst doing your current job (If that is possable), Then when the day comes with your redundancy you have a sort of security to get you through whilst your name is getting around that you are doing some sort of training scheme by yourself.
If you think you can make a go of it, Go for it. Evolution wouldn't be where it is today if that caveman didn't go and see what was over that hill (Used to get told this alot at college by one of the tutors!)
|
Eck
Premium Member
Registered: 17th Apr 06
Location: Lundin Links, Fife
User status: Offline
|
If you are promised a pay off, I'd take it. I dare say you have the skills to walk into another job (albeit worse pay) IF things don't go exactly to plan. So it's not like you're throwing everything away on a gamble. You only live once, and this seems like a good opportunity to go for it!
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
|
quote:
Originally posted by JM_16v
she was pushed and then she was offered a lesser contract for less £££
I'm not being pushed, just unhappy at being held up as a bad example because I'm taking more time over things.
The worse contract is if I ever re-applied for the same job in the same place after I had been away.
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
|
quote:
Originally posted by Kerry
Big one for me is are you willing to take anything if the case arose. I.e you go self emp but things are slow to pick up so you need say bar work to support you for a while?
I wouldn't be very good at it. I've washed cars and driven vans in my time and would go back to it if necessary. I've enjoyed every job I've had.
|
Sam
Moderator
Premium Member
Registered: 24th Dec 99
Location: West Midlands
User status: Offline
|
Do it Ian.
My life in general is much better since I've stopped working for "the man"!
|
Colin
Member
Registered: 4th Apr 02
User status: Offline
|
Do it, dont stay where you dont want to be because in another 5yrs...10yrs down the line you'll be wishing you had made the move & by then it might be too late. You dont have that many commitments, just yourself to look after like me so get right on it!!!
I quit a job that was sending me up the wall every day 5yrs ago & now (after a sizable retraining period) make 4x as much & love my job. Ive just had another job offered today actually which ive accepted, nice pay rise, & what could be potentially a very cooshty place to work. Sieze the moment!! 
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
|
Got it.
|
Matt H
Member
Registered: 11th Sep 01
Location: South Yorkshire
User status: Offline
|
VR? Or Non VR?
|
Carl
Member
Registered: 9th May 04
Location: Jimmy Bennett's la la land.
User status: Offline
|
quote:
Originally posted by Ian
quote:
Originally posted by pow
Too much restriction for teachers now IMO, I have a lot of respect for them after being on the other side of the staff room door.
That's just it - I don't generally respect my colleagues. Figures and achievement data mean that people who wing it, teach in less detail and box the marking off quicker are more highly thought of.
I've considered becoming more like them but I can't do it - it lets the students down.
[Edited on 23-03-2011 by Ian]
EXACTLY the same as my role but I work in health. Sadly the kiss arse box tickers seem to get further up the ladder and the actual poor work is never dealt with. 
|
Ian
Site Administrator
Registered: 28th Aug 99
Location: Liverpool
User status: Online
|
quote:
Originally posted by Matt H
VR? Or Non VR?
VR, finish end of August, ended up with just under 6 months wages on the day.
|
Eck
Premium Member
Registered: 17th Apr 06
Location: Lundin Links, Fife
User status: Offline
|
|
