The redundancy threat has got employees trembling at their desks. In the UK, after three years of recession, job security feels like a distant dream. The 24/7, ‘living to work’ culture has become worse, meaning that we labour harder for less pay, and sacrifice our family life for career progression. This is neither sane, nor healthy, but someone’s got to bring home the bacon.
If you’ve been made redundant, you’re probably experiencing a smorgasbord of emotion, from anxiety to depression. On the one hand, you’re concerned that you won’t be able to pay the bills, and on the other, you’re feeling like you’ve been thrown on the rubbish heap. Right now, there’s one resounding question in your mind: why me?
Yet this ‘tragedy’ may just be the best thing that ever happened to you.
Although a redundancy is never pleasant to begin with, at the end of the journey, you may want to thank your ex-boss for making you redundant. Hard to believe right now? Think about it.
Was your job unfulfilling, stressful, and stagnant? Did you dread walking into the office every morning? Sometimes people need to experience a redundancy before they realise just how terrible their employment was. You only get the one life, so don’t spend it mourning a job that jeopardised your happiness. Take this time to re-evaluate your career prospects.
Depending on your age and how long you were employed at the company, your rate of redundancy pay will vary. Under the age of 22, you’ll receive half a week’s pay for each year of work. If you’re between 22 and 40 years-old, you’ll receive one week, instead of half. Anyone over the age of 41 will receive one-and-a-half weeks’ pay per year of employment. This means you have time to play with before your wages stop flowing in.
Allow yourself a few days to relax and lick your wounds. Talk to family and friends or spend your weekend in your PJs. Do the things you like to do best – just don’t blow your redundancy pay, as it’s keeping you afloat for now. You deserve a little time off after the initial shock.
Spend your relaxation days brainstorming career options and note down positions that you’d like to apply for. Ask an honest friend or partner, who knows you well, to help you jot down your skills and attributes. Finally, go through your CV and boost your credentials, making yourself irresistible to a recruiter.
Your Next Job
Don’t just run at the first job that comes your way. What do you really want to do? You may want a career that has a shorter commute or has flexible, shorter hours. Have you considered going freelance?
Aim high and if you receive any rejections, don’t take them to heart. Where possible, ask the company to send you feedback on your application, so you know how to improve next time.
To get results, tell everyone you’re looking for work: that means on Facebook, Twitter, and LinkedIn. You never know what great positions might crop up.
Produced by Jigsaw Law who are accident at work solicitors who want to cover a variety of aspects associated with employment, particularly in today’s economy where redundancy is becoming increasingly more frequent. Visit their website or mail them for further information at: Jigsaw Law Ltd, Pioneer House, Pioneer Business Park, North Road, Ellesmere Port, Cheshire CH65 1AD