Losing your job can be one of the most soul-destroying moments of your life. It doesnât matter whether you saw it coming because the company you worked for was struggling, or whether it came like a bolt out of the blue, the moment you find out that you are being made redundant can physically hurt.
Worries for your finances can soon overwhelm you, and you may not know what to do next. Donât worry. Your world hasnât ended. While a shock, being made redundant neednât be the negative situation that you had played out in your head. It could actually be a blessing in disguise. Take a look at what you could do after you have been made redundant.
Search For Work
If you are keen to get back in the job market quickly, you will need to upload your CV onto a wealth of recruitment and job hunting websites. Consider taking on temporary or contract work to keep your foot in the industry door while you continue to look for a more permanent position. By seeking out specialist recruitment agencies, you can sign onto their books, and they can match you with suitable roles.
Searching for work when you havenât needed to job hunt for a few years can be daunting. Even if you have redundancy pay and a comprehensive compensation package, you might not be keen on taking a break, and you might be eager to return to work straight away. This is fine, but make sure that you take stock and give yourself enough breathing space to work out what you want to do next.
Retrain
If you have been working in an industry sector for a few years, but you see no future in the current job market, it might be time to retrain. You could take a new IT qualification to try and increase your employability chances. By learning newer cyber security and e-safety elements of computing, you could find yourself a more desirable candidate for jobs. By committing to upskilling and enhancing your resume, you are showing any potential new employer that you are willing to invest in yourself. If you have the funds, you might want to undertake a postgraduate qualification or look into retraining for a whole new career.
Travel
If you are fortunate enough to receive a generous redundancy package from your business, you could choose to take some time out before re-entering the world of work.
You may have worked at your previous company for a decade or more and have not taken any holiday. Spend some time reevaluating what it is that you want to do. Take a trip overseas, visit some destinations that youâve always wanted to explore and think of things other than work for a little while. Immersing yourself in new cultures, trying new cuisine and seeing new vistas is
Redundancy is never pleasant. However, try not to take it personally. The job is being made redundant, not you. Follow this guide, and try and see your newfound situation as a door opening rather than a door closing.
