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Staying Positive Following Redundancy

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The word ‘redundancy’ fills people with horror and dread, even more so in the current economic downturn. Careers and occupations that once seemed secure are, in many cases, coming to an abrupt end. The days of job security are truly a thing of the past.

For some people, the redundancy itself may have followed weeks, even months, of insecurity and anxiety but, despite the worry, this can be a time for them to put together a plan of action. There has never been a better time to bear in mind the old adage, ‘when one door closes, another one opens’. For many, the actual reality of redundancy, when it finally comes, is something of a relief after all the speculation.

Here are some steps to take when the threat of redundancy becomes a reality.

First of all, remain positive. This is going to be harder to do than it is to say, especially when you have the additional worry about the bills that will continue to mount up relentlessly. Wake up each morning and tell yourself that this new day is a new beginning. Smile to yourself, even if you don’t feel much like doing so. It’s surprising how uplifting this can be.

Arm yourself with a ring-binder, some lined paper to go in it, and a good pen. Dividers will also come in handy.

Make a list of all your positive points and attributes. You may have done this at the start of your working life, or even think you don’t need to do it because you know yourself well but, having experienced working in the real world, you will be surprised by how much more knowledge and expertise you have gained during your time at work. Write down everything you know you excel at, then ask family, friends, former colleagues, and employers, for their contributions.

Make another list, this time of all that you have achieved at work, and in other areas of your life.  You may have discovered that you are excellent at interior design, simply through having decorated your own home. Perhaps a friend has asked you to design a colour scheme for their home, because they have been so impressed with your own.

You may have a hobby that you have always hoped could be turned into a viable business; now is the time to do some research and find out if there is a market for your products. Our starting a business section should come in handy for this.

Your CV will need to be updated. It’s a good idea to read through your most recent one and add to it any new qualifications you may have gained, or new areas of work you may have experienced. Even if you have spent many years in the same occupation, you may have worked in different departments at your place of employment, or held different roles. Be sure to visit the CV help section to get your CV up to scratch.

Print several copies of your CV so that you are ready to apply as soon as you find a suitable vacancy. Draw up a standard template covering letter; you will usually need to send to one with your job application and CV. Some employers prefer this letter to be hand-written, but the CV should be typed. Keep a batch of envelopes and stamps to hand, too. A ready supply of CVs, covering letter templates, envelopes, and stamps, will ensure that you are ready to apply for prospective positions without delay. As well as sending out hard copies, the internet is an invaluable resource in helping to find the right job. We've listed all of the best recruitment sites for various fields. This should get you access to a wide range of vacancies.

If you are professionally qualified, it’s a good idea to keep abreast of changes in your particular field of work, via professional magazines, websites, even former colleagues and employers. Alongside this, research other areas of work for which you may be able to undertake training.

Keep copies of every letter of application you send out, along with any replies. Remember that not all replies will be rejection letters. Some will be letters suggesting dates and times for interviews, in which case you will need to keep a diary and remember to check it every day. The last thing you want to do at this crucial time is to find out, too late, that you have missed a vital interview.

Prepare yourself for interview by finding out as much as you can about the company concerned, having a few questions of your own to ask, and ensuring that you have to hand any documents, certificates, licenses and so on, that you may have been asked to produce, or feel would be of interest to your interviewer. Keep this in a neat folder or briefcase so that you are not fumbling around for them. Remember that your potential employer’s need to fill a vacancy is as important as your need to find the right job; getting things right from the very beginning of your job-hunting process, will ensure that you are confident in what you have to offer.

The key to surviving redundancy is to ensure that you feel able to apply for any suitable vacancy that presents itself, however long you have been unemployed, with complete confidence. You also need to utilise any and all of the opportunities that present themselves. You’ll have a lot more free time than in the past so take a new perspective on things and see this as an opportunity.

Back to money news...

You should find Mr Stinge to be an invaluable resource while unemployed. The chances are you'll need an income. Therefore, the make money online and offline sections will be invaluable. In addition, what better time is there to cut the costs of living? Our save money section will help overhaul your finances for the better.

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