Company said job was eliminated and I could take a lesser job, 25% pay cut. Can I get unemployment.?

Question

Company said job was eliminated and I could take a lesser job, 25% pay cut. Can I get unemployment.?

Answer 1

You cannot collect unemployment as long as you are employed.  If you choose to leave, you can collect unemployment, but unemployment pays you 2/3 of your former salary.  That said, you would lose your benefits as well.

Of course, that is a decision only you can make.

Answer 2

Yes, because the job you are being offered carries a substantial pay differential, you are not obligated to accept it and can claim UI instead.  Make sure that your employer states that your reason for leaving is due to a position elimination.  Good luck.

Answer 3

In most cases , yes.

It depends upon whether your employer reports to the Unemployment office that your job was eliminated. check with your HR dept.

Answer 4

Take the job.......look for another......you will loose your benefits and a substantial reduction in wages......keep it until you find another.....