I’m in a similar situation so I can relate to what your saying.
This is a contract not being renewed and we are undergoing TUPE to become an in-house team but then faced with a HAYE (pay) review and restructure under the new legislation changes with regards to TUPE. I know within six months they will use the economic and organization clause as a reason to change my T&Cs. Quite frankly I’m not working for a public sector organisation and putting up with there disorganized shit.
On the stress/worry side, honestly it won’t improve the situation by constantly worrying about. It’s really frustrating because its out of your control. Best thing to do is keep going to work, do your job as you always do and try to block out other members of staff negative conversations. Just carry on as normal as if nothing has changed. Remember rumors are rumors not necessarily true, ignore staff gossip. It will help you at home to be yourself and also if you want to look for a new job you will be thinking more clearer.
Whatever happens will happen, remember they still need staff and to be honest its normally middle management/team leaders that face the uncertainty first.
In terms of looking for a new job, give the CV a refresh do a bit research remember you have 10 years experience in your area of work that counts for a lot. If they make you redundant I don’t know your contract/T&Cs but it might be worth hanging on for a redundancy pay out if that’s a possibility. Think smart about all your options.
I saw a job with a small pay cut and almost jumped but then I thought its the first job I’ve seen and to be honest it wasn’t “me”. Since I’ve seen a few more that I fancy and I have a firm offer internally elsewhere with my current employer if I want it but it means relocating.
So I now have a new dilemma, do I ride out the storm and hope things work in my favor or do we move 100 miles north. Sure means moving house and other half needs to find another job but I’ll have job security and right next to the peak district. Being selfish now riding around Hope Valley for example really appeals. No offence to others but Yorkshire does seem a bit grim, I really like where I live.
Things are starting to be clearer for me personally but I’ve had 5 months of a shit storm. I’ve been through the sleepless nights, migraines and mood swings soon snapped out of it. I think I value job security more than I realized.
Ultimately there’s only one person that can decide what to do and that’s you.