You Just Got Your Severance. Now What?
It's not over. In fact, for many, things are just getting started.
Losing a job can be a challenging experience, but receiving a severance package can provide a cushion that allows you to plan your next steps thoughtfully. Whether you want to invest in your career, explore new opportunities, or simply keep yourself afloat while searching for a job, here are some strategies to grow your severance wisely.
Invest in Yourself
1. Enhance Your Skills
Consider using a portion of your severance to invest in your education and skills. This could mean enrolling in online courses, attending workshops, or even obtaining certifications that can make you more marketable in your field. For a wide array of impactful courses and career development opportunities, check out Voyageur U. Education is a long-term investment in your future earning potential.
2. Career Transition Support
If you are contemplating a career change, investing in a career coach or a counselor can provide you with personalized guidance and strategies. They can help identify your strengths, and career options, and ensure you are strategically positioned for your next role.
Invest in Your Career
3. Become a Fractional Professional
One effective way to get back to work faster with more freedom and independence is by becoming a fractional professional. Fractional professionals work with multiple clients on a part-time basis, leveraging their expertise across different projects. This approach not only provides financial stability but also allows you to choose who you work for and with whom. Platforms like Voyageur U offer resources and communities tailored for fractional professionals, helping them navigate this career path effectively.
4. Work with a Recruiter
Investing in a reputable recruitment service can be a game-changer. Recruiters have extensive networks and can match your skills with potential job openings, saving you time and increasing your chances of landing a job faster.
Manage Your Finances
5. Budget Your Living Expenses
While you're in between jobs, it’s crucial to budget your severance to cover necessary living expenses. Create a realistic budget to ensure you can live comfortably while you find your next job without the immediate pressure of financial strain.
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Why Consider Becoming a Fractional Professional?
Faster Transition Back to Work
Working as a fractional professional often allows you to get back to work faster. Since you are offering specialized services on a part-time basis, there are usually more opportunities available compared to full-time, permanent positions.
Greater Freedom and Independence
You have control over your schedule and workload, allowing for better work-life balance. This autonomy can be incredibly empowering and can lead to higher job satisfaction.
Financial Stability
Working with multiple clients can provide a consistent income stream. Additionally, diversifying your client base reduces the risk associated with relying on a single employer for your livelihood.
Enhanced Networking Opportunities
Being a fractional professional means you will be interacting with multiple companies, which expands your professional network and exposes you to various industries and potential full-time opportunities. Voyageur U also offers a supportive community and valuable tools to help you thrive in this career path.
By considering these strategies, you can turn what might initially seem like a setback into a substantial opportunity for growth and career advancement. The key is to use your severance wisely through investments that offer long-term benefits and stability.
In all cases this is your moment to make thoughtful, proactive decisions on your next chapter so that you find the wealth, happiness and fulfillment that you may not have received in your last job, but you can certainly create for yourself as a Fractional professional.
#CareerTransition #InvestInYourself #FractionalProfessional #CareerGrowth #SeveranceStrategy #JobSearchTips #VoyageurU #SkillDevelopment #RecruitmentSuccess #FinancialPlanning
Fractional Operations Generalist | I Help Freelance Professionals Build Systems to Keep Their Trains Running On Time | Notion Ambassador | The Reductivityist on Bluesky
4 个月Even if you are one of the lucky few who manage to find another corporate job, ask yourself how many more times you can expect this to happen. Corporate America no longer cares about their workforce, and you should be just as mercenary in return. Never stop planning for your next escape ramp and keep your options wide open.
This article resonates with me on so many levels! Thanks for putting this down on paper for so many of us to read and embrace!!!