how long till lots of us are let go?

[Tman]

Schools are run effectively by the government. Something to muse on.
.

That's not been the way for many years. Schools (in most cases) are run by the Head and the Admin Officer(s) and are semi-autonomous.

[clashcityrocker]

Ask your DOM if you don't believe me.......

Would that be the same DOM who told you RM no longer own any real estate?

There is some real estate still owned by RM and some of it is worth a lot of money. But the majority was sold off then immediately leased back. For example our DO has about four years left on the lease. We lease all the vehicle fleet as well. It goes against all business sense but then the people at the top of RM have no idea.

How does "our DO has 4 years left on the lease" become "the majority was sold off?"
Where do you have any evidence for that?

[deltaforce]

Ask your DOM if you don't believe me.......

Would that be the same DOM who told you RM no longer own any real estate?

There is some real estate still owned by RM and some of it is worth a lot of money. But the majority was sold off then immediately leased back. For example our DO has about four years left on the lease. We lease all the vehicle fleet as well. It goes against all business sense but then the people at the top of RM have no idea.

There are good tax and cash flow advantages to leasing fleet and premises, rather than owning outright. I’m not an expert but if you google it, the info is out there.

[zz666]

I would take redundancy. I wouldn't think twice. This year with a bit of luck.