Advice on taking a voluntary redundancy package with minimal industry experience (25m)
I’ve been offered a package worth £45k. Leaving date is end of the calendar year.
My current salary is £50k, 3.5 years of experience in a LCOL area. The industry is finance. I enjoy what I do and my role within the company.
Aside from the £45k, I believe I’m in a stable position financially:
£40k in accessible investments
£20k in my pension
£20k liquid cash
I’ve just moved into my first home with my partner, my share of the mortgage and bills is £600 a month. My partner earns slightly less than me, in a stable field with no reasons for caution.
I believe if I were to not take the package, my future role would still be secure. Although I could be wearing rose tinted glasses here. I enjoy what I do for a living but fear the restructuring could force me into a team within my organisation which I do not enjoy.
I have until the end of May to confirm my decision, and am incredibly torn on what to do. It seems like a very good opportunity, but of course scared of shooting myself in the foot by taking the package vs staying.
Any advice is appreciated and of course happy to answer anymore questions which will help.