5 Steps to dealing with redundancy:
By Cham Posted Date: October 10, 2016
Losing your job regardless of what the situation is can be quite upsetting, especially in the current highly competitive job market. Job loss as a result of redundancy can be a very challenging circumstance to have to deal with and overcome. Below are some steps that can help you deal with redundancy should you be in the unfortunate circumstance:
- Understanding redundancy: The first step is to properly understand what redundancy means for you. It’s important to realize that redundancy doesn’t in any way reflect on a person’s skills or capabilities. It is more a result of the organization rethinking their strategy and not seeing a fit for the role in its new direction.
- Know the possible stages of grief that you may go through: Be aware of the possible stages of grief you can go through. Knowing the 5 stages of grief can help you step through and overcome your feelings and emotions. The 5 stages of one of the popular models are Shock, Anger, Resistance, Acceptance, Help
- Seek help and support: Some people will be lucky enough to receive a tailored support program as part of your redundancy settlement. Others may not have any support at all, so it’s necessary to seek support. It has been identified that people who receive guidance, help and support after redundancy are more likely to successfully re-enter the job market.
- Don’t wait around: For almost all people deemed redundant it will entail a reasonable severance pay. Be smart and don’t wait till you have depleted these funds and instead aim to get back into the workplace as soon as you can. Immediately looking for other jobs can improve your chances of getting a quicker job placement and reduce the financial strain you may feel as a result of the redundancy.
- Stay positive: Although redundancy can be a daunting and depressing experience to go through always remain positive through it all. Individuals with a positive attitude are more likely to find new work opportunities more successfully.