7 Tips for navigating redundancy, layoff or furlough
2020 is a turbulent year - be prepared
Ask for more projects within your current role. I know this may sound like a strange idea, and you might already be overloaded, but as organizations look to cut employees - the more value you bring involved in critical projects means you are more likely to appear on the retained list.
Do not underestimate. Don’t have the “It won’t happen to me mentality”. I’m not suggesting that you live in fear each day and that you have no job stability but take the scout motto to heart. Always be prepared.
Start Saving Now. Most financial experts will tell you that you should have 6 months salary saved up in case of emergencies or unexpected job loss. In this economy, I say if you can save 8 months’ salary - prepare for the worst. This also means when going through a job search, you don’t need to take a position out of desperation - you can select strategically.
Try to eliminate your debt - easier said than done, but an elevated stressor if you become unemployed.
Be prepared. By this I mean have your resume and cover letter ready. Don’t wait until you are unemployed to start working on it. Better yet, while you’re still employed have a professional resume writer do an evaluation of your resume for you and make updates and edits accordingly. A stellar resume can go a long way in a tough job market and save you potentially weeks or months of being unemployed.
Be proactive. Start sending your resume out now - feel out the market. Even if you don’t think you’ll be laid off go ahead and post your resume to all those top job boards. It can’t hurt to have it out there - don’t let organizations manage you. You control your destiny, not someone else. Think of it as your back up ‘just in case’ plan. Your emergency parachute so to speak.
Know that you’ll be successful. Keep a positive state of mine. Everything happens for a reason - we often find clients end up finding their true passion. If it occurs, use the downtime wisely, as a break as an opportunity. Often as resume writers we find that when a client goes through our process, and receives the end product - they feel a big uptick in confidence.
We hope these brief tips help and do not hesitate to reach out if you need help with resume writing.
Your resume is your personal brand, and customization is the key to making it stand out. Learn effective strategies in our blog post Customize Your Resume. Explore tips and tricks to tailor your resume to different job opportunities, showcasing your unique skills and experiences. For further guidance on navigating career transitions, consider insights from our blog posts on 7 Tips for Navigating Layoffs and Award-Winning Resume Writer in San Diego