Dealing with redundancy.
Whether your redundancy came out of the blue or has been a slow process, being made redundant is never easy. It is likely that you will go through a wide range of emotions. You may feel deflated, rejected, anxious and your confidence may be severely knocked. These feelings are completely normal. However, during this time, it is important to remember; you will get through this! The sooner you can focus on what’s important to you, the sooner you will move on.
Here are 9 simple steps to get your from being made redundant to an abundant future.
Don’t take it personally
This is the most important thing to remember whilst facing redundancy. Redundancy happens because;
Your role or services are no longer required in the company
The company are cutting costs
The company are closing or relocating
Being made redundant is not a reflection of your work or you as a person. Also remember; you are not alone. According to Statsita (https://www.statista.com/statistics/284145/redundancy-level-in-the-united-kingdom-uk/) 106,000 people were made redundant in the UK in 2019. You don’t have control over losing your job, but you are in control on how you deal and move forward in the circumstance.
Know your rights
Knowledge is power, so make sure you know your rights. It’s important to start with the basics; how much redundancy pay you will get, when your last day will be and/or if you’re able to leave sooner to start a new position. For more information on your rights check out the gov.uk website (https://www.gov.uk/redundancy-your-rights)
Don’t burn bridges
After being made redundant you may feel detached from the company and colleagues, however don’t burn bridges. You never know what the future may hold. It’s better to leave a company on a positive note. You never know when you may come across them again, either on a professional or personal level.
Budgeting and Finances
Once you’ve been told your redundancy package and when you will get paid, the best thing to do is to make a plan. Are there areas you could cut back on or change bill providers to save money? Making small changes can go a long way. Once you have outlined your outgoings you can determine a budget moving forward. This will help give you a timespan on how long you can dedicate on finding a new position. During the period of your unemployment you will be entitled to Job Seekers. Check out the gov.uk website for more information (https://www.gov.uk/jobseekers-allowance)
Have YOU time!
After sorting out your finances and determining a budge make some YOU time! Being made redundant is very stressful, practising self-care will ease the stress and process. Take a little break, catch up with friends, finish a house project; anything that will put you in a positive mindset. You won’t have this amount of free time once you’ve secured your next role, so spend it wisely.
Make a fresh CV
Your first impression to employers or recruiters will be your CV. They look at a CV for less than a minute and decide whether or not candidates are right. Your CV needs to be fresh, inviting and personable. Remember, you wouldn’t go to an interview without dressing up and looking smart, make sure your CV is the same!
Applying for jobs
Once you’re happy with your new, fresh CV it’s time to start taking yourself to the market. This is an exciting time for you to really think about what you want in your next position. If you’re not sure what you’re looking for, reading a range of job adverts and seeing what excites you will help narrow your desires.
Registering with Recruitment Agencies
If applying for jobs and going to interviews are new for you, registering your details with Recruitment Agencies could help. Agencies are full of experienced consultants who understand the process of looking for jobs. They can help you with your CV, interviewing tips and finding the perfect role for you. Having support from a Recruitment Agent will boost your confidence and give you the inside knowledge to finding a new job.
The whole redundancy process is overwhelming and full of mixed emotions. Until you’ve gone through it you will not know how you will react; but any way you feel is completely normal. Staying positive throughout the process will keep you focused on your goals.
There it is, 9 simple steps to have abundance during your redundancy. If you are looking to partner with a Recruitment Agency, Step Ahead Recruitment would love to hear from you. Give us a call on 01344 300717 or register your details on our website.