How To Survive a Redundancy

How to Survive a Redundancy When You’re Young

Considered a dirty word by many, redundancy can be a scary prospect. But fear not, for I’ve endured and emerged from the abyssal ‘R’ word and am here to pass on my survival tips to you.

  1. It doesn’t have to be a bad thing.

It may be difficult initially, but try and look at the positives in your current situation. If you have been with your current employer for a while, you’re going to get a pretty sweet payout.

Maybe this is the perfect time to make the transition to a new career or start a University or TAFE course, maybe you’ve always wanted to start your own business but never had the time or money to support yourself. Try and get something positive out of the experience and use it to your advantage.

Hell, maybe you’re like me and hated the job you were doing and the thought of someone paying you to leave was downright thrilling!

  1. Take some time out.

There’s no need to rush out and look for jobs straight away. Take a couple of weeks off to relax and do what makes you happy. Go see a movie or run really fast down a big hill, whatever it is that’s going to make you feel refreshed before re-entering the workforce.

It’s not often you get the opportunity to do whatever you want, so if you’ve swung a bit of financial breathing space with your boot out the door, now is a great time to get silly. Do it.

  1. Assess your options for re-employment.

Now that you’ve had some time to relax, you need to plan your next moves. If you’re keen to stay in your current field, start looking at job ads. If you want to move into a new field, it’s a little trickier than rapid-firing your resume at a hundred different advertisements in an afternoon.

What skills do you already have that are transferable to your desired career? Will you need to upskill? Can you wear a really cool hat to the job interview? Make a plan that will get you where you want to be and follow it.

 

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  1. Spend some time on your resume and cover letter.

Look, I’m not your dad or anything, but this one’s important, especially if you’ve been out of the job hunting game for a while. Spend some time with your resume to make sure that it’s up to date and relevant to the job you’re looking for.

Make it look nice, but don’t go over the top either. It’s a delicate balance, but try and put yourself in the employer’s shoes.

Does it give the best possible first impression to someone you’ve never met? Would you want to keep reading it? Take it from someone who has received over 200 resumes on a Monday morning; sometimes you just have to cull the ones with the most hideous word art.

Your cover letter is just as, if not more important than your resume, as it immediately demonstrates your ability to communicate clearly and succinctly. Make sure your spelling and grammar is nigh on perfect and that it reads well. It’s also a good idea to customise your cover letter to each job you apply for.

Time consuming, I know, but quality is the key to a successful application.

  1. Don’t Panic!

Don’t freak out, there are far worse fates than redundancy. You could be attacked by 200 bees or fall into a puddle of acid. If you were employed long-term, you’re going to make a few bucks and be very employable. If it wasn’t so long, then you’ll be well versed in the current job market.

Either way, you’re going to learn a lot about yourself and if that’s all you take away from the experience to consider it a win.

 

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Image: IQRemix, via Flickr