Timeline for Are there significant additional risks in changing jobs during the COVID-19 pandemic?
Current License: CC BY-SA 4.0
8 events
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Mar 18, 2020 at 0:16 | comment | added | Jon Bentley | @tim And on the absolute contrary, thinking a company will go under should change OP's behaviour. The entire reason OP is concerned about switching jobs is that he thinks his current job may be more stable than a new one. If the current one is about to go insolvent, then obviously it is not more stable, which removes OP's only reason for considering staying. | |
Mar 18, 2020 at 0:13 | comment | added | Jon Bentley | @Tim Nobody is suggesting OP quit his current job before he has a new one lined up. I think you've misunderstood the premise of what the question and this answer's final paragraph intended. | |
Mar 18, 2020 at 0:12 | comment | added | Tim | @JonBentley OP doesn’t have a new job. OP is thinking about looking for one. It would be foolish to leave without a new job. Essentially, thinking a company will go under should not change your behaviour: if you have a new job, go for it. If you don’t, keep looking, but there’s no reason to leave. | |
Mar 18, 2020 at 0:08 | comment | added | Jon Bentley | @tim Leaving isn't a "guaranteed nothing", it's a new job with a risk of being lost because you are new (see the question). On the other hand, working for a company you think is going under in the next few weeks isn't just "maybe getting" redundancy pay from an insolvent company, it's also likely working for free for those weeks. To suggest that carrying on working for an imminently insolvent company and hoping to get some scraps in the filings is better than taking on a new job, is not really a sensible proposition. | |
Mar 17, 2020 at 22:28 | comment | added | Tim | @JonBentley generally wages come top of the pile in bankruptcy filings. I don’t see why you’d want to leave and get a guaranteed nothing is better than waiting and maybe getting something. | |
Mar 17, 2020 at 22:27 | comment | added | Jon Bentley | @Tim If the company goes under what difference does it make if you're entitled to redundancy pay or not? (granted it may make some tiny difference as you will be one of the creditors in the insolvency) | |
Mar 17, 2020 at 20:33 | comment | added | Tim | If they jump they don’t get redundancy pay. If they’re pushed they do. OP should wait and see what happens | |
Mar 17, 2020 at 10:33 | history | answered | Dave3of5 | CC BY-SA 4.0 |