Bounce Back From a Redundancy

A job loss can be a difficult time and transition period for many people. I myself was made redundant twice in my career. My first experience was in Cairns and it was horrendous.  I burst out crying and basically stormed out of the meeting.  It took me four months to land on my feet. The second time was just as stressful, however I left on my own terms, and I have not looked back.

Redundancy is highly common in today’s evolving markets as companies scale up and down with economic fluctuations. First and foremost, redundancy is not a reflection of performance. There is no shame or stigma attached to the word because every day highly talented professionals around the globe are going through it.

Career change is a new constant and many people find redundancy can lead to great opportunities. Most importantly, surround yourself with positive people, look after yourself physically and emotionally and seek quality advice to help guide you through the transition process. Just like the old cliché “When one door shuts, another one opens”!  My advice is to not dwell upon negative possibilities – rather look at all the positives in front of you and remain focused on your next step.

Key tips that can be beneficial when experiencing a job loss:

  • Do not to let emotions lead you to say or do things that you will regret. Avoid burning bridges or saying things in the heat of the moment. Manage the news with respect and professionalism.
  • Give yourself time to let your feelings or anger, sadness or bewilderment subside. Seek the company of a good friend or family member so you are not on your own.
  • Set aside some time to figure out what to do next and also seek out quality financial advice regarding your personal circumstances.
  • If you need it can be helpful to speak with a Doctor or Counsellor or contact organisations like Lifeline or Beyond Blue.
  • If finishing up with the company immediately gather your personal belongings and return any property such as laptops, phones, cars and files.
  • Avoid the temptation to rush out into the job market unprepared. Ask your employer if they are willing to provide outplacement coaching support or pay a % of resumé costs.
  • After a week or two gather information and jot down notes ready to update your resumé.
  • Think about writing down a list of your industry networks and personal contacts and which companies you might like to work for.
  • If you are seeing a Career Coach research and collect sample job advertisements for the types of roles you are interested in to discuss with them.
  • Finally take time out to take care of yourself. Remember it wasn’t you that was made redundant it was the role.

If you need assistance with career and life coaching during this type of transition, contact me for more information. This is a grieving process for many people, so please be kind to yourself.