Employees facing redundancy – 7 things to think about

It is never a good time to hear that your job has been put under threat of redundancy, most of us have been there at some point in our career and just when you think you are doing a great job the news hits. One thing to remember is that this could be the change you need to make a positive move forward – how long have you been thinking that you would like a change / more money / progression / a boss who really appreciates all the hard work? By being forced out into the cold you have to take action and this is a perfect time to really take stock of your career to move into a new challenge.

Some things to assist you in your transition are listed below:

  1. It is not your fault – it is easy to take things personally when you are faced with redundancy. However, no matter how good you are in your job there are always other factors that management need to take into consideration for the good of the business and as such departments are removed. Especially when it comes to project management, how many projects are still realising their benefits? Are the right people running them? How can we improve outcomes and cut costs?
  2. Take stock of your skill-set – performing a skills audit and writing a list of your accomplishments to date will help you re-evaluate your position, feeling kicked to the curb means you lose sight of you as a professional and running through your achievements and abilities will help you get back on track mentally.
  3. Make a plan – take a good look at how you can tackle your circumstances, research the market for roles which meet your abilities and create a spreadsheet to list job boards and start noting down roles to apply for. Remember now is time to look for something which will meet your expectations in terms of progressing, whether it be in seniority, money, potential for progression and/or training.
  4. Work on your CV – make sure you use your list from your skills audit and also look at the job descriptions, what are they asking for? If you have done these things have you articulated them in your CV?
  5. Keep motivated – remember it is not you; the business has to make changes for whatever reason. Now it is time for you to demonstrate to others how good you are, harsh but recruiters and employers do not like to hear and see candidates down in the dumps.
  6. Keep up momentum – your plan should have clearly marked out sections to tackle such as xx hours on job adverts, xx hours searching company websites for direct applications to employers and also other routes such as looking for opportunities which aren’t advertised. Keep to it – make sure you set aside a good few hours a day and really work on each application; applying for everything rarely works but a good tailored application to fewer roles really does harvest results.
  7. Seek help – if you are finding you are yielding little results from your approach it may be time to seek help, your CV is a first port of call. Get a free CV review, talk to others about their approach to finding a role and see if you are missing anything.

Once you have been notified of your redundancy payout you should look to structure how to use it effectively, after covering your mortgage and bills for a number of months you should look to see if you need any additional training, a professionally written CV and careers advice on applying for positions and interviewing can be a very effective investment too.

Leave a Reply

Your email address will not be published. Required fields are marked *

AlphaOmega Captcha Classica  –  Enter Security Code
     
 

*

This site uses Akismet to reduce spam. Learn how your comment data is processed.