Four Ways to Deal with Redundancy

Redundancy is a challenging word. People hear “redundancy” and pull a sympathetic face, discuss the hostility of the world of work and the negative consequences of losing one’s job. The truth is that redundancy is a small obstacle that’s incredibly easy to overcome with the right mindset and the right decisions taken off the bat.

The following article examines your four routes back into the world of work following a redundancy. Each tip will lead you into financial security and, it is hoped, a better type of employment from the one you were recently ousted from.

  1. See Your Opportunities 

When you’ve been slaving away in the same job for month after month, it’s sometimes a little difficult to fully appreciate the world of opportunity that awaits you outside of your specific vocation. Take stock once you’ve been made redundant and consider your next move. Do you genuinely wish to take a similar position to the one you were just removed from or is this an opportunity to forge a new path towards a new career? Could you take night classes in code, for instance, to qualify yourself as a software engineer? Reflect on your opportunities to make the most of your redundancy.

  1. Legal Action 

You may well have been given an amicable severance package when you were made redundant, but nevertheless you should fully consider your legal routes if you feel your dismissal was unfair or illegal given the employment laws operating in your jurisdiction. Contact Spencers Solicitors to discuss your unique case and to see if you’re due any compensation for how you were treated in your redundancy. You may well find that the windfall that you receive after legal action supports you to go travelling, pick up a new hobby, or job search with a stable financial position.

  1. Back to Study 

It’s never too late to return to college or university, and redundancy should be seen as an opportunity to take out a loan to pursue the dream job that you’ve been putting consistently on the back burner for some time. Whether you choose to study a full 3-year degree, a master’s or a free, open university course will be entirely up to you. What you’ll gain from this period of study will be employability skills, experience, and a new group of friends, which is an excellent by-product of being made redundant.

  1. Job Searching 

The final option is, of course, the most obvious. Begin searching right away for a route back into a workplace that will provide more stimulation and opportunity than your previous place of work. Create a new CV and write some draft cover letters. Get on the job sites and search your keywords. Contact your network asking about vacancies in their organisations, and send speculative emails to the places you’ve always wanted to work. With the right level of proactivity and engagement, it’ll be no time at all until you’re working in a job you prefer to your previous position.

Redundancy equals opportunity, not misery. Use these tips to springboard yourself into your next phase of life following a dismissal.