RemitAdvice
Member
What is the name of your state (only U.S. law)? VA
I'm not entirely sure my question is appropriate, but I find myself without ideas or someone to talk to, really.
I've been working for the same company as a risk management and asset recovery specialist for 6, almost 7, years. I'm a Collector. My company has been sold, unexpectedly. We've been notified that we can expect a RIF of about 30 to 35%. I, amazingly enough, along with my Director, have been offered positions already. But from what they tell me, and it's not much, I stand to lose my benefits, my vacation time/PTO, my significant financial bonus, and possibly a reduction in salary. Not to mention the rest of my FSA.....and my st/lt disability...
I've only been working full time for 10 years, straight out of high school, no formal education at all, so no credentials, no initials, just experience.
I have a family to support. And from what they're telling me, I'm not going to be able to do it on what they offer.
What do I do? Aside from look for another job, which I'm actively pursuing...
But what if I don't find anything by the cut off date and I'm pretty much forced to take a position that WILL NOT pay my bills. And to be honest, aside from my house, everything else is paid for and it's just living expenses. I find myself having to choose between health insurance or my mortgage.
I'm just looking for the silver lining. Some kind of advise from someone with some experience. Something positive.
Thank you kindly for your time.
I'm not entirely sure my question is appropriate, but I find myself without ideas or someone to talk to, really.
I've been working for the same company as a risk management and asset recovery specialist for 6, almost 7, years. I'm a Collector. My company has been sold, unexpectedly. We've been notified that we can expect a RIF of about 30 to 35%. I, amazingly enough, along with my Director, have been offered positions already. But from what they tell me, and it's not much, I stand to lose my benefits, my vacation time/PTO, my significant financial bonus, and possibly a reduction in salary. Not to mention the rest of my FSA.....and my st/lt disability...
I've only been working full time for 10 years, straight out of high school, no formal education at all, so no credentials, no initials, just experience.
I have a family to support. And from what they're telling me, I'm not going to be able to do it on what they offer.
What do I do? Aside from look for another job, which I'm actively pursuing...
But what if I don't find anything by the cut off date and I'm pretty much forced to take a position that WILL NOT pay my bills. And to be honest, aside from my house, everything else is paid for and it's just living expenses. I find myself having to choose between health insurance or my mortgage.
I'm just looking for the silver lining. Some kind of advise from someone with some experience. Something positive.
Thank you kindly for your time.