How To Deal With Redundancy

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Status: Finished  |  Genre: Non-Fiction  |  House: Booksie Classic

My tips on how to deal with redundancy.

Over the past year, millions of people in the UK have had the misfortune of being made redundant due to the impact of Covid-19. This has added to the stress and the mental health decline of many; as they not only battle a virus but financial challenges.

I’ve been fortunate to not be in a position where I have faced redundancy, but I also work in an industry where we provide (not necessarily myself) advice and support to those who have been made redundant. I also know people personally who have had to deal with redundancy – it can’t be easy, especially if you have a family to support.

As we progress (very slowly) on the roadmap out of lockdown (eventually), there is a likelihood we’ll see more redundancies as the furlough scheme ends at the end of September.

Here, I want to provide you with some tips you can take on board or share with someone who has been made redundant recently.

You’re not alone – When going through a loss of job and financial hardship, it can be easy to feel like you’re the only one who’s going through it – you’re not. Millions of people have lost their jobs, are finding it difficult to feed their families and are thinking about their next steps. The first thing to remember when you’ve been made redundant is that it’s not your fault. It was an unfortunate circumstance that you cannot control.

Know your rights – Once you’ve been made redundant, be sure to get all of the professional assistance/help you need and are entitled to. Being made redundant won’t and shouldn’t be based on personal factors like age, sex, gender etc. For those who aren’t familiar, you can find more about the next steps after redundancy, by vising ACAS: https://www.acas.org.uk/redundancy

Take time to reflect – Like I mentioned before, being made redundant isn’t something to be ashamed of – it’s not your fault. It’s normal and ok to feel weird, disappointed and upset about the situation. These are all emotions which are normal to feel in a short space of time. Confiding in someone you trust will also help; which takes us to our next point.

Have a support bubble – Having a support bubble around you can be a great cure. It is difficult, but if you can confide in people you trust, the process on the way to finding your next role can be a little easier. Having people that provide a sense of positivity in a negative situation is just what you need.

Always remember what you’re good at. Write down a list of your strengths and always refer to them when you’re feeling low. Sometimes when times feel tricky, I always think back to past accomplishments and remind myself of what I’m good at.

Money management – What’s the first thing that comes to mind once you mention redundancy? Money. Money can be a great source of stress and worry, which in result can have a toll on our mental health. I’d strongly recommend to have savings you can fall back on if you are made redundant.

Starting a budget could be a good idea; so that way you keep on top of how much you are spending. I know, it can be tempting to check out the latest discounts across various retail outlets – but what’s more important? Especially if you have responsibility, be cautious about the way you spend.

If you need a budget planner, visit The Money Advice Service.

Do your research – As you begin the process of finding your new job, conduct research and see where your skills can be most effective. Don’t rush into anything or apply for every job that comes up regardless of its suitability. Find out which sectors have the most demand for your skills and begin networking in those areas.

Reach out to some old work colleagues (if possible) and talk to some experts on the next steps you can take. It’s very easy to feel down and negative, but I’d  encourage you to be proactive. The more proactive you are, the more productive you’ll be and before you know it, you would have brushed all those negative thoughts aside.

Maybe take an online course, brush up on your skills or take part in some voluntary work – you never know where the next opportunity will come from.

Brush up on your employability skills - This is the best time to brush up on your employability skills, so you’re all set when you finally land your next position. In between the time you are actively looking for your next position, you can build on your current skills and perhaps earn a qualification in the process.

Remember, you’re jot the only person who has been made redundant, so you’ll be heading into a competitive market full of people going for the positions you’re applying for. As the job market is likely to be even more competitive in the near future, by gaining extra qualifications, you’ve already put yourself in a great position to be considered for your next position.

Reassess Your Targets – Being made redundant is never a good thing, however, if you are someone who is unsure about the direction to take your career in, this period allows you to reassess your next steps and where your career is going. Ask yourself whether you want a career change or would like to continue on the journey you are on.

If a work/life balance is the issue, you can always opt for a more flexible position. Going forward, it is likely most companies will allow employees to have a say on where they would like to carry out their work duties – whether from an office or from home. Decide what you want going forward and confide in family, friends or an expert on how you can achieve your goals.

Final thoughts

Some people are lucky enough to find a new job and get back on their feet after redundancy, but not everyone is as fortunate. The main piece of advice I would give away from the skill-building and CV formatting is to remain positive and hopeful.

I hope these tips help you or someone you know – you can get through this!

If you have any questions, feel free to ask away or connect with me on LinkedIn.

Richard


Submitted: June 15, 2021

© Copyright 2021 RichAfrifa. All rights reserved.

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