Of the many knock’s life can throw at us, redundancy must rank highly.
It’s very tough, because you’ve not only lost your “safe” job, but you no longer have the financial and emotional security and that can eat away at your confidence.
Although you may be one of many to suffer redundancy within your business, it’s hard not to take it personally – we are human after all!
So why do we feel it more now than previously?
When the economy is strong, we tend to bounce back, often getting a better job or even setting up a business.
Recession however, works very differently, apart from minimal advertised jobs (my local paper 1/4 page instead of 5 pages), the competition for each of these jobs is fierce – even for the worst ones!
Above this, being made redundant during a recession equals having too much free time on your hands.
Free time was something you dream’t of whilst sitting through boring meetings, working late or stuck in traffic jams.
It’s good if you have a positive attitude and enough saved up to treat yourself to that pamper weekend or city break.
However, it’s not great if you are stressed and have emptied the piggy bank only to realise we have decimalised and those Spanish Pesetas have changed to the Euro!
When the job climate is competitive, often spending hours searching/applying for “any job”, having too much time allows you to dwell, stagnate, get stressed and even become depressed.
However competitive you find it, you CAN influence and control:
- job search approach
- utilising your free time
- how you think and feel
You may chose the “victim” approach of sitting around waiting for “the job” to knock on your door or decide upon doing your best and staying positive, utilising your resources.
Why not update that “90′s looking” CV?
- How will you “tower above your competitors”? – reflect on your strengths, experience, current and future capability.
- What transferable skills do you have? – developed skills you’ve never thought about.
- What “outside of work” experience separates you from others? – positive attributes you could use in the job.
Note:don’t limit to only pursuing roles similar to your previous.
Options for utilising your “free time”:
- Why not read “Global Credit Crunch Affects Employee Health”
- Retrain and learn a new skill or further develop one you already have.
- Look at starting a business or becoming self employed.
- What can you improve on? gain honest feedback from friends?
- What areas could you work on? interview and communication skills?
- Development workshops? local council free skills workshops.
- Your network? email, attend events and talk – makes you memorable.
- Get “social media” savy “LinkedIn”, “Facebook”, “Twitter” (you have time!)
- Structure your day get up early,assign time to job hunt and network
Stay healthy and take regular exercise.
After all, it’s a great mood enhancer and makes you feel great, so use that gym membership, cycle, walk or run.
If money is tight, watch your diet – don’t eat junk food, so get creative with your cooking & avoid excessive alcohol.
It sounds odd as you are not working – but it doesn’t mean you are not suffering from stress – so from time to time, take a break – you’ve earn’t it!
And finally, staying positive is influenced by others too, so talk through how you are feeling, but try not to get dragged down!
Maybe it’s time to “ignite and develop” that idea and consider starting your own business?
If so, we can support you to further discuss and develop your idea and create your desired business, with a comprehensive strategy and plan to succeed.
For more information: My Business plan