Retrenchment Started today

[GundamG]

bro save wisely and dun anyhow invest. look for part time job to spend ur days and enough to eat can liao.

Good luck and all the best. dun worry too much.

 

[tootired]

I have been working in this company for 25 years and am officially retrenched today.
Should I be happy or sad? I am above 50 and currently is tough for me to find a job as I only have a poly diploma.
Any advice?

take a break for few weeks, find part time/temp job and look for full time job. learn plumbing skill if you ok with this trade.


Read HWZ Forum Rules!

 

[siaoliaolor]

anything on edmw cannot belive wan

later someone start thread

i am 55 , jus got retrench

 

[bombshell]

Fuiyoh, 25 yrs got platinum handshake?

 

[Ronaldo88]

Shiok sia.. Moi only got less than 50k

 

[fandango]

I have been working in this company for 25 years and am officially retrenched today.

Should I be happy or sad? I am above 50 and currently is tough for me to find a job as I only have a poly diploma.

Any advice?

What was your package?

 

[coyote]

I have been working in this company for 25 years and am officially retrenched today.

Should I be happy or sad? I am above 50 and currently is tough for me to find a job as I only have a poly diploma.

Any advice?

How much retrenchment benefits you collected? 25 months maxed out package? That will be very substantial.

 

[Travis_Touchdown]

24 months salary

quite good oredi... moi suppose ish 1 yr = 1 mth?? juz that kena cap at 24 mths??

there ish no such thing as loyalty to a coy de rahz... stay there sho long moi guess chiur pay kena stagnant quite jialatz riaoz...

 

[2Blogic]

1 year give 1 month ?

 

[AuraKUPO]

Earn so high salary + 1 year retrenchment package still can come here act poor

 

[dambio]

24 months salary

If u dun hv any major big commitments now. As in house fully paid, kids grown up, little or no debt. Shld be able to last u for a long time. Depending on d salary you were drawing also.

Now is best to lower requirements if finding new job. If u need a new job tat is.

 

[Bardiel]

see loctor get a cert to buy a pma.

can part time and ride around like a boss

 

[jarodling]

actually still many vacancy for people above 50, if not you can just work as PHD driver first and slowly look for permanent job.

 

[888blancgmail]

The amount is not alot as my basic salary is not high. In today context 100k+ is very small sum.

Good luck in finding a job.

Hope 100+K will help you out in the mean time.

 

[semiret]

24 months salary

That's quite standard of about 1yr service 1mth compensation. I waited for more than 20yrs the coy even go through being takeover I also can't get that retrenchment.
As for now it all depends on your situations. Everyone has different needs and commitments to fulfill. You needs to support how many persons currently? Any outstanding loans be it HDB/property? How's much is your mthly expenses? How's your health conditions as now no more coy insurance to cover you. You needs to think about this? The above just some points that you needs to do your own calculations.
Your type of jobs easy to get jobs currently? Or may be can find some parttime jobs that you likes 1st as stop gap measure for the time being. Hope you're able to to figure out what to do next? All the best.

 

[Lchlch]

I have been working in this company for 25 years and am officially retrenched today.

Should I be happy or sad? I am above 50 and currently is tough for me to find a job as I only have a poly diploma.

Any advice?

Bro, coy pay you good retrenchment package?

 

[mewmew]

24 months salary

cap at $2400 or 2.4m ?

 

[Lchlch]

I have been working in this company for 25 years and am officially retrenched today.

Should I be happy or sad? I am above 50 and currently is tough for me to find a job as I only have a poly diploma.

Any advice?

Bro, dnt gv up hope.
Dnt delay.
Update your resume.
Start sending resume to companies.

 

[Foetid]

The amount is not alot as my basic salary is not high. In today context 100k+ is very small sum.

How much is Ur celery? 100k a year? 2 years 200k is huat

 

[titusilvering]

I have been working in this company for 25 years and am officially retrenched today.

Should I be happy or sad? I am above 50 and currently is tough for me to find a job as I only have a poly diploma.

Any advice?

Work panda grab or use skill future for security guard course or ntuc membership for taxi phv course.

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