Voluntary redundancy – should you take the money and run?

A large sum of money and the prospect of a hard-earned break is music to many people’s ears. But it’s not necessarily going to be all beer and skittles. Here’s five questions to ask yourself to help you through the decision making process.

Journalism, admin, IT, assembly line, middle management, public sector – no matter what line of work you do these days, you are increasingly likely to come across the offer of a voluntary redundancy.

Should you take the money and run? That depends entirely on your personal circumstances. For some people, it could be the best thing that ever happened to them. For others, it could be a financial disaster.

For More Information

Talk to us…

    This information is of a general nature only and has been provided without taking account of your objectives, financial situation or needs. Because of this, you should consider whether the information is appropriate in light of your particular objectives, financial situation and needs.

    All services are provided as a Corporate Authorised Representative of BG Wealth Management Pty Ltd, ABN 14 127 520 558, AFSL 496348.


    Financial Planning Services provided as an authorised representative of Count Financial Limited ABN 19 001 974 625 Australian Financial Services Licence Holder Number 227232 a wholly-owned, non-guaranteed subsidiary of Commonwealth Bank of Australia ABN 48 123 123 124. Count is a Professional Partner of the Financial Planning Association of Australia Limited. Count advisers are authorised representatives of Count.

    "Please note that any taxation and accounting services are not endorsed nor the responsibility of Count Financial Limited".