Written by: Cally Worden
You may have known it was coming, or perhaps it was a complete shock, but the fallout from redundancy is the same. It can have devastating effects on self-confidence, self-worth, and on the financial practicalities of life. Learning to cope with the new status-quo as quickly as possible will aid recovery from the shock, and help you to get your life back on track. Here’s the top ten tips for coping with redundancy.
Check out your rights
It may be that your redundancy is irreversible, but the simple act of finding out what your rights are can help you feel more in control. Speak to HR and get clear guidance on what your notice period is, and what financial compensation is being offered to you. Find out if you have any choice in these issues.
Leaving your current job is the one certainty in your life in the immediate aftermath of redundancy. It draws a line in the sand, and marks a point of inevitable change. You will need all your energy to enter the next phase of your life, and will feel less drained if you clear the decks a little. Sort out any outstanding paperwork at home, de-clutter your computer workspace, and get a grip of where your finances are at. All these things take energy, so get them sorted now, before you begin the next part of your journey.
Rationalise what has happened
Your company will have applied a logic and rationale to your redundancy. Getting a handle on what that was will help you to understand that, in most cases at least, redundancy is not personal, it’s business. Of course its effect is personal to you, but generally there is nothing you could have done to prevent it, and understanding and believing that is very liberating.
Owning your story
When looking for a new role, success will depend on how well you have been able to jettison the effects of the redundancy. Prospective employers will be curious about your past, and being able to share your story of redundancy in an even manner will greatly improve your chances of securing a new job. No employer wants to take on someone who is bitter and harbouring resentment. A positive attitude moving forward is key.
Assess your assets
The redundancy will have dented your confidence, but your positive skills and attributes are just as valid and valuable now as they were the day before you received news of your redundancy. Remind yourself of what they are, and just how much you can bring to the party.
Prepare to move on
If you were generally contented in your career then this may be a simple case of revising your CV and putting yourself out there to find a new employer in a similar field. Securing a job at a competitor company can feel curiously satisfying.
Consider your options
For some, the process is less simple. Redundancy can be a trigger for acknowledging discontent in your career, and a catalyst for change. If this is the case for you, then take time to assess what your really want moving forward. What is your skill-set? Maybe you need, or want, to retrain to move in a new direction. In many cases your existing skills will overlap with those required in your newly desired role. Talk to friends and colleagues for an outsiders view of the workplace you, and see what possibilities open up.
Set a realistic target
Whatever our dreams may be, finances, geography, and family situations will naturally dictate our options to an extent. It’s time to think creatively, and establish a path to a realistic goal that either meets your ultimate employment target, or is a stepping stone towards it.
Network like crazy
Whether changing your role completely, or moving on within your current profession, networking is the way to go. The more people who are aware of you, the better your chances of securing a job. Use social media, attend trade shows and conferences, and work to get yourself communicating with the people who can make a difference to your life.
Cast your net carefully
Remember your goals and targets, and avoid wasting time on communications that don’t meet your needs. Your time is precious, so use it wisely. This will also help you to stay focussed on what you really want to achieve.