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Old 21.06.2011, 11:34
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Re: RAV bridging between jobs

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I would like to have an insight about RAV from our EF community:

My wife's company is closing down and everyone received a dismissal letter. Last working month is Sept. My wife got immediately an attractive offer from a competitor but she would be starting in November. My question: does RAV finance/pay the bridging for October ?
In theory yes, but in reality it might not be worth the hassle for one month. Unemployment payments do not kick in immediately, there is a delay of between 5 and 20 working days before they start paying. The length of the delay depends on how much the person was earning in their previous job (more then 10K a month = no money for the first month of unemployment).

Your wife will have to attend a three-hour session where the RAV people will explain her rights and responsibilities as a job-seeker, and she will be obliged to provide evidence that she has been actively looking for work ever since the day when she received her notice. In practice, they will expect to see evidence of between 8 and 12 job applications per month.

It's a real pain and a degrading experience, I wouldn't do it for one month unless you badly need the money.

Last edited by stephen_NE; 21.06.2011 at 11:36. Reason: Posted simultaneously with 22 yards, sorry for the duplication.
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