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Apr 8, 2015 at 16:19 comment added Kent A. @Brimby If you haven't already done so, you need to take home all of your personal belongings from the office. It is very likely that you will soon be locked out of the office.
Apr 8, 2015 at 12:49 comment added Kent A. @Brimby If you decide to leave, make sure he has actually missed a payday. Also, Unemployment is not instantaneous - you should expect it to take a few weeks before benefits begin to be paid. Now is the time to hone your salesmanship skills and make a new employer excited to bring you on board. Don't go into an interview assuming you're the least qualified applicant they have. It will be obvious to the interviewers and will lower their opinion of you. Be confident and optimistic. Good luck to you!
Apr 8, 2015 at 8:16 comment added Radu Murzea +1 for this. Even if your boss is super nice or even a good friend: (1) first and foremost this is a business relationship and (2) you need money in order to live. Even if it's the greatest and most awesome workplace, I wouldn't work with that financial insecurity always hovering over my head... What if you have a family ? Children ? Those would be huge responsibilities which you can't ignore...
Apr 8, 2015 at 0:36 history edited Kent A. CC BY-SA 3.0
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Apr 8, 2015 at 0:25 comment added Carson63000 @Brimby unfortunately that question can only be answered by judging the likelihood of your boss (who you say "somehow always pulls off a half-court shot at the buzzer") coming up with some more money. Multiply the amount of salary you would be eligibly for by the percentage chance you estimate of him being able to pay you; compare that result to the unemployment benefits you would be eligible for if you were laid off.
Apr 7, 2015 at 23:57 comment added Brimby Yes I do need to find a new job. But consider this: I work in a very competitive field, and my experience, though not nonexistent, does not place me in the most desirable subset of potential employees. It's very possible that it will take me a month or two to find a new position, and my company is completely out of money as of now. Do you still believe that I should continue to work for likely no pay while I job search rather than demand to be laid off and take unemployment?
Apr 7, 2015 at 23:29 history answered Kent A. CC BY-SA 3.0