How to Cope with Redundancy

Redundancy can be seen as either a challenge, or a new opportunity. At times, it might feel like a blow, but at the end of the day, it's possible for you to draw some positives from the situation.

Remember that good things can come from bad situations. Most clients who are in outplacement, end up finding a new role with a much higher salary when compared to the one that they had before redundancy. You might however, need to be somewhat flexible as this will be the only way you can facilitate your career shift and ultimately, broaden your horizons. Don't be quick to flood the job market with your resume and don't run around trying to find any job that might come your way. Instead, take some time to reflect and do everything you can to avoid the scattergun approach. When you are out of work, there is temptation to go ahead and apply for jobs that you can do, as opposed to jobs that you want.

Look into the Future

When you know the job you want and what you need to do in order to get it, you can then start to look for ways to get to where you need to be. It is wise for you to try and find a development plan, so that you can use the knowledge, the expertise and skills you need to become the best candidate possible. You may be wondering, how on earth do you persuade an employer to hire you- just so you can gain skills that you don't currently have? After all, recruiters tend to want those who have skills already, so you will be debarred if you do not have the right skillset. If you want to work around this then find out who has the power to hire you, and then broaden your network. An introduction will get you the meeting, not the job, but it's a start.

Build your Network

Networking is an essential skill. Did you know that over 80% of recruitment comes from networking? Most people know this, but they hate networking and are not at all confident about it. If you feel awkward asking for help, then you are not alone, but now is the time for you to move past that. Most people will respect you when you ask for a helping hand and they will work with you to make sure that you get the support you need as well. At the end of the day, you have to remember that redundancy does not close off internal opportunities, so be proactive. The organisation that you are with right now know you the best, and they are most likely to help you to develop your aspirational competencies, as they know what you're capable of. You need to try and network internally as well, as this will help you to share the view that you have for the future while also helping you to make the internal career transition you want.

If you can't, or don't want to stay where you are right now, then you need to start targeting companies where you will be able to build on the competencies that you have right now. Remember that it is more than possible for you to use your network to your advantage, so you can get the edge if you manage to land an interview.