Redundancy: What To Do Next?
Whether your redundancy has been a result of a change in team structure, company cutbacks, or other circumstances beyond your control; it can be a bitter pill to swallow. But rather than taking it personally or panicking, it’s important to take a breath, refocus and move forward.
Here are 5 tips to support you in this emotional and difficult time.
Take Time To Process The Change
Firstly, give yourself time to process the change and come to terms with the new situation. Speak to your partner, friends, and/or family, and let them comfort you. Talking about it will help you deal with the consequences of it and help you to focus on what comes next. Write a redundancy plan: drawing up a plan of action will not only help bolster your spirits, it can also provide a road map to get your career back on track. Don’t limit your career options to a role similar to the one you just left.
Set Yourself up for Success with a Career Plan
Try to be productive and teach yourself additional skills that will increase your allure to potential employers - whether that’s your technical skills, your creativity, or your interpersonal skills.
Provided the skills you gain are relevant to your profession, your upskilling efforts will show hiring managers that you are a hard worker who is serious about your career and improving your skills to benefit your future employer, leverage Udemy & LinkedIn Learning to find very interesting learning opportunities
Updating your CV after a redundancy
When addressing your redundancy on your CV, include any relevant and appropriate background information, such as the department or organization needing to downsize, and ensure you highlight your key achievements in the role.
Keep a positive focus on how you’ve filled the time – training, property refurbishment, or caring for the family are all reasonable examples. This is a great opportunity to emphasize skills that may not come across strongly elsewhere on your CV – just remember to keep it relevant to your target job.
Build your network
Networking means building connections with other professionals. Networking should always be beneficial to both parties. The reasons why networking is important include a better reputation, increased visibility, a stronger support network, improved business growth, and more impactful connections. Using your network is one of the best ways to find a new job or even a new role at your current company. The stronger your network is, the better you’re likely to feel about your career prospects.