"Rising from Adversity"
Kirranprreet Kaur
Head of Human Resources | ShipGlobal | SHRM | Top 50 HR | Global Talent Acquisition | SPHR
Are you worried about the lay off situation around you or are you the one impacted?
In the ever-changing landscape of business, organizations occasionally find themselves at crossroads where difficult decisions must be made to ensure sustainability and adaptability. One such challenging scenario is the introduction of layoffs. While the mere mention of layoffs can evoke anxiety and uncertainty, a thoughtful and strategic approach is essential for fostering growth and maintaining the morale.
Hence, remember to -
1) Stay Calm and Gather Information: Take a moment to process the news and try to remain calm. Ask for written information about the layoff, including details about severance packages, benefits, and the timeline for departure.
2) Understand Your Severance Package: Review the terms of your severance package, if offered. Understand what benefits, such as severance pay, continuation of health insurance, and outplacement services.
3) Ask Questions: If you have any uncertainties or questions about the layoff process, do not hesitate to reach out to HR or management. Seek clarification and the support available to you.
4) Explore Transition Assistance Programs: Many companies offer outplacement services to help employees transition to new employment. Take advantage of these services, which may include career counseling, resume writing assistance, and job search support.
5) Review Finances: Assess your financial situation and create a budget. Understand how long your savings can sustain you and make necessary adjustments to your expenses.
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6) Update Your Resume and LinkedIn Profile: Begin updating your resume and LinkedIn profile. Highlight your skills, achievements, and experiences. Connect with professional contacts and inform them of your job search.
7) Network: Reach out to your professional network for support and potential job leads. Attend industry events, workshops, and networking groups to expand your connections.
8) Explore Job Opportunities: Start searching for new job opportunities. Utilize online job boards, company websites, and networking platforms to identify potential employers. Tailor your application materials for each position.
9) Consider Career Development: Use this period to assess your career goals and consider if a career change or additional training is necessary. Explore educational opportunities or certifications that could enhance your skills.
10) Take Care of Your Well-being: A layoff can be emotionally challenging. Make sure to prioritize self-care and seek emotional support from friends, family, or professional counselors if needed. Maintain a healthy lifestyle to manage stress.
11) Negotiate References: If possible, negotiate positive references with your employer. Having strong references can be valuable in your job search.
12) Stay Positive and Persistent: Job searching can take time, so stay positive and persistent. Celebrate small victories, stay focused on your goals, and remain open to new opportunities.
Remember that a layoff is not a reflection of your worth or abilities. It's a business decision, and many factors outside your control may contribute to it. Taking proactive steps and maintaining a positive mindset can help you navigate the challenges and move forward in your career.