<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/">
<channel>
	<title>Money magazine Comments - Voluntary redundancy: Should you take the money and run?</title>
	<description>It can be tempting to put your hand up for a fat redundancy cheque, but how long would that money actually last? And are you getting everything you're owed?</description>
	<link>https://www.moneymag.com.au/feed/latest?story=171605809</link>
	<lastBuildDate>Wed, 26 Aug 2020 20:37:08 +1000</lastBuildDate>
	<pubDate>Wed, 26 Aug 2020 20:37:08 +1000</pubDate>
	<language>en-AU</language>
	<copyright>Copyright 2026 Money magazine</copyright>
	<ttl>5</ttl>
	<image>
		<title>Money magazine Comments - Voluntary redundancy: Should you take the money and run?</title>
		<url>https://media.moneymag.com.au/prod/media/library/Money_Mag/Logo/Logo_401x133.png</url>
	</image>
	<item>
		<title>Comment by Not My Real Name ()</title>
		<link></link>
		<guid isPermaLink="false"></guid>
		<description><![CDATA[
<p><p>Would prefer my real name is not used.</p>
<p>Recently went through a &quot;faux voluntary redundancy&quot; where our employer put out for expressions of interest with a 2 year completion time frame to lose X number of employees. I put in for it as did many others but made the fatal mistake of ticking the 2 yrs box to go thinking this would give me more time to save, mentally prepare and organise my possible retirement. Halfway through this process we got a new manager who reversed the decision to allow redundancies and actually started hiring again. This, after 20 or more people had already gone and already taken hundreds of thousands in payouts.</p>
<p>Boy did that screw with my head as I had mentally gone into retirement mode, had got advice, planned how to invest my windfall and was keen to go. Looks like I will be working there for a lot longer now. Not happy Jan.</p>
<p>Tip- take any redundancy offer ASAP.</p>
<p>Also I have never had any luck with Linked In, it spams all your contacts, and makes you just a little bit unpopular for that reason, plus more spam from irrelevant overseas members of that app that are really only trying to get work in Australia and are usually not in the same industry and don&#39;t seem to actually have any experience</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
]]></description>
		<dc:creator>Not My Real Name ()</dc:creator>
		<pubDate>Wed, 26 Aug 2020 20:37:08 +1000</pubDate>
	</item>
	<item>
		<title>Comment by Leeanne Abrahams ()</title>
		<link></link>
		<guid isPermaLink="false"></guid>
		<description><![CDATA[
<p><p>I worked for a large company for 20 years. The company did not have an issue with my work. In April this year the new manager decided to make us all redundant. 42 of us. All while the COVID 19 was happening. Yes I got an involuntary redundancy but I have to live off it until it&#39;s all gone. Im single. I have a a big mortgage and not many working years left. Management didn&#39;t care. Can&#39;t even get Jobseeker or any help finding a job because you have to be getting a centrelink payments before you get help. Redundancy payment wasn&#39;t worth it. Too many younger people out there because of covid at the moment looking for jobs. I will have to sell my home now. In my experience single over 60&#39;s seem to miss out on any support going around.</p></p><p><a href="">Reply to article</a></p><p>For original story, <a href="">Click Here.</a></p>
]]></description>
		<dc:creator>Leeanne Abrahams ()</dc:creator>
		<pubDate>Thu, 27 Aug 2020 18:51:36 +1000</pubDate>
	</item>
</channel>
</rss>