| Quote: | |  | |
| 1) Is the RIF guaranteed to stay or can they change the rif policy? | |
| | |
Well it certainly was at UBS during the last recession. Early exiters got a retraining allowance, a lump sum payment etc... where are the later ones just got the extra notice period.
| Quote: | |  | |
| 2) How many months does rif buy me - I currently have three months notice but I heard that rif is another two months
| |
| | |
Don't know, but 2 months seems within reason for VP level
| Quote: | |  | |
| 3) If I get the blue letter do they have to give it to me in my hand or can they just post it to my address?
| |
| | |
Most likely it will be done in person, with a requirement to sign an acknowledgement that you received it.
| Quote: | |  | |
| 4) Is there any way to delay service of the blue letter by changing address / cantons on the day that the letter is delivered thereby forcing the employer to resend the letter
5) If I am sick whilst on the rif does that extend the rif period or not? | |
| | |
I would not recommend this tactic, I have know people that have found other positions within the company while working out the notice period and also people who where taken back once things improved.
If you play silly buggers you rule yourself out of those opportunities.
| Quote: | |  | |
| 6) Is there any way to fight rif for being unfair etc? | |
| | |
In reality no. They can terminate you at any time by following the procedure in your contract, there is not concept of unfair. You might delay it a while, but if they have decided you are going, you are going.
| Quote: | |  | |
| As you can imagine this is very difficult time and I am scared. The department was doing quite badly even before but the signs are all there that this will happen. | |
| | |
Well first of all it has not happened yet and it may not happen, there have been several times over my 30 years working in Switzerland where it looked like they'd close down the department I was working for and it only happened once in the end. And on that occasion I was only too delighted to exit.
And even if it does happen you have at least a two year buffer before it becomes critical. And by then the chances are good that you'll have found something else by then.
| Quote: | |  | |
| If anyone has been through rif it would help a lot ! | |
| | |
At at CS, but at UBS years ago now. And on that occasion the people that remained also lost - the work pressure created by having so few staff eventually drove many of them to resign and leave with nothing.
I know it does not feel like it now, but looking back you may realize that is not the worst outcome.