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  #41  
Old 04.12.2020, 13:57
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Re: Got a pay rise yesterday and now my job no longer exists

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It really isn't that much, as he will have to pay child support for 2 kids, peobably spousal as well. Not to mention the fact that he has another kid at home and having depleted funds from his divorce..
Indeed even though I am a high salary earner, I end up with approximately 1200 CHF to live on for myself and my son per month. That is after rent, taxes, alimony, medical bills.

The rest goes into the pot for balancing the life for my other two children.

Indeed I will have to write to the judge at some point to announce my new found circumstances.

Fingers crossed I can pick up consultancy which honestly I do not mind and then there would not be a gap in cashflow.
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  #42  
Old 04.12.2020, 14:42
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Re: Got a pay rise yesterday and now my job no longer exists

OP - A few inputs, based on your posts.

Ref outplacement support, ask for a free kick-off call with the consultant to help you understand their services, whether you will find it helpful, how long for etc. I.e. Is this service and consultant any good for you?

You could also ask your employer for flexibility to take the outplacement consultant budget as cash, or put it towards reskilling, or even a retirement planning consultant. If it doesn't cost more than the outplacement, it could be even better for you.

Ref your annual vacation entitlement, you mentioned that carried forward leave is usually forfeit. That's unlawful under the Swiss code of obligations (some case law exceptions where untaken leave is older than 5 years). If you cannot fully use your vacation entitlement before your end date, your employer must pay this with your final salary. It is reasonable to politely remind them of this, and that your focus is jobhunting, rather than vacation.

Ref chomage, if you have dependent children, you can receive 80% of your insured salary, which is capped at CHF 148,200. If eligible, you will continue to receive family allowance during receipt of chomage.

When you leave your employment, if you are within 4 years of retirement age, chomage can be paid for longer than 2 years. I realise you are close to 60, and yet it could be an option to ask your employer if they can propose options to keep you on a bit longer, even if it's at a reduced activity rate, or salary (although your chomage is based on the higher of your annual insured salary, over the last 6, or 12 months).

I recommend that as soon as the termination decision and date has been communicated, even if verbally - that is the moment when you should register yourself. This also demonstrates that you are taking the job search seriously.

Have you also assessed the possibility of early retirement?

And, are you aware that your employers 2nd pillar pension now has a legal obligation to invite you to stay in the pension fund (aged 58+), until normal retirement age and you can continue to make pension contributions, and continue coverage for disability, death, widows and orphans pension etc?
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  #43  
Old 04.12.2020, 15:22
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Re: Got a pay rise yesterday and now my job no longer exists

Assuming you'll get a couple of months worth of salary with and can live another two years off the RAV, you might as well consider enjoying the likes of early retirement?
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  #44  
Old 04.12.2020, 16:34
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Re: Got a pay rise yesterday and now my job no longer exists

Finished signing the exit agreements with my current employer and being honest it was better than expected.

They will respect any unused holiday and pay if not taken, however we have an agreement that I try and take it in the last part of my employment as this is around the time I plan to move apartment, either way it is fair.

The outplacement is really good and does involve access to training courses too & last for three months when started.

Early retirement is not really possible, I think but will circle back around, this is mainly due to the conditions of the divorce. Honestly no issue to knock out another 5 years of working. I really needed to get to May 2022 as that is when the main asset is sold and then bar paying contribution for the children (no issue with that), then everything is settled for good.

Pension will contact me separately, so will see what that says when it turns up, it is a good scheme so will try and stay with that one.

I had a phone call to register but need to complete an online course and then submit documents online and then I will get an appointment, this is due to adapting for covid situation, will get that done today

Thanks HIAO that was some really good points you made.
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  #45  
Old 04.12.2020, 16:38
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Re: Got a pay rise yesterday and now my job no longer exists

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He wrote 5 *ex
Losing your job isn't the end of the world. You might come down with a terminal illness. What use is the money then?
Landers, man! you know how to cheer up a troubled spirit!

Yet, you are right, at 60, with unemployment benefits, and in case of good employment history, prior salary, good investments & savings, I would consider 'early or partial retirement'.

I have seen too much of the above-fore mentioned (people not able to enjoy their money) lately....
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  #46  
Old 04.12.2020, 16:50
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Re: Got a pay rise yesterday and now my job no longer exists

Magic, I have never met you, but reading about your extraordinary story (or rather, extraordinarily horrible story) and seeing how practical you are being about the situation and somehow managing to maintain what looks to me like a positive/can-do outlook is inspiring. You are doing as much as you can to provide for your kids, and are quite diplomatic when referring to your ex (as opposed to slagging her off on an anonymous forum, which would be seriously uncool).

I really do hope you manage to land on your feet, and eventually are able to construct a new life that is fulfilling and enjoyable. You certainly deserve it!
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  #47  
Old 08.12.2020, 10:55
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Re: Got a pay rise yesterday and now my job no longer exists

I think I know the answers to most of this but still I am a bit speculative. I have reached out to some get professional advice but that maybe a few days off. Still I think it is worth posting as others may benefit too.

My intention is not to be unemployed and of course my preference is to a be hired full time by a company. However at the same time I plan to pursue contract work through an agency, so to be clear that they would run the payroll. I would not be self employed or having my own company.

If I get a -two- year contract for example and then unable to get another job, that would still mean I am able to claim chomage? (I believe that I can)

How is chomage affected for example if I claim for two months, then get a job for two years and then become unemployed, does that affect length of time able to claim.

At the end of the day I have no intention to be unemployed at all, maybe a bit optimistic but I think focusing 110% of my effort there is what I should be doing. The covid thing is going to make it a bit harder indeed but not impossible.

Gratitude to EF as some of the comments have really helped me, appreciate that
Will come back and update with what I am told too.
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  #48  
Old 16.12.2020, 08:55
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Re: Got a pay rise yesterday and now my job no longer exists

Quick update for those following this thread, the nice lady from Office of Employment called me and told me it was too early to register but to start my job search. In addition she followed it up with an email to confirm so that is cool.

Started with a company called LHH (www.llh.com) for job placement, really good enjoying that immensely

Been invited for -two- interviews and not even posted or applied yet, just through word of mouth but early days.

How do I put this, my transition out of my current job I am finding beyond challenging. Cannot say anymore than that but in all things in life we learn and see if there are ways we can improve.
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  #49  
Old 16.12.2020, 16:17
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Re: Got a pay rise yesterday and now my job no longer exists

What’s your area of expertise, and or interest?

You never know who on EF knows someone, who might know someone!
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