I am 43 years old and I'm working with a media company. The company is offering a vss to all of its workers due to company's critical financial problem and unstable condition. And that the company intends to make the payment via installments. They will liquidate their assets in order to make this payments. The suggested offer is 1 month-1.5 months pay of every year of service.
I don't have much monthly commitment because I'm not married, I don't have children and I don't have car loan. Except that I have a housing loan and insurances that I have to cover every month.
I've been told that the company have a plan for me in their future plan but due to company unstable condition, it makes me having a difficulty to decide. I don't have any other plan if I accept the offer except that I will find another job. But at this age of 43 and being a female, it's kinda hard to find a good one here.
So, my question is, should I accept the offer or reject it?
~ Dazzle ~
From Malaysia, Petaling Jaya
I don't have much monthly commitment because I'm not married, I don't have children and I don't have car loan. Except that I have a housing loan and insurances that I have to cover every month.
I've been told that the company have a plan for me in their future plan but due to company unstable condition, it makes me having a difficulty to decide. I don't have any other plan if I accept the offer except that I will find another job. But at this age of 43 and being a female, it's kinda hard to find a good one here.
So, my question is, should I accept the offer or reject it?
~ Dazzle ~
From Malaysia, Petaling Jaya
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Voluntary Retirement Scheme.pdf
Company Separation and Clearance Form.doc