5 Steps to Dealing With Redundancy

5 Steps to Dealing With Redundancy Any form of job loss, particularly in the current job market, is challenging. Whether a highly educated senior executive, or a trainee, being advised that you no longer have ongoing employment will shock you. It can be stated that many individuals will go through some form of a grief period following redundancy; some of these individuals will be more resilient than others. With how challenging redundancy can be, understanding what a redundancy is and how to support yourself through this time is extremely important. 1. Understand what redundancy is The most important fact is to remember is that a bona fide redundancy is in no way a reflection of an individual’s capabilities or work skills. A redundancy is simply the result of a business assessing the ongoing organisational structure in line with future direction and strategy. A redundancy is the identification that a position and the tasks associated to that position are no longer required in the business. It is extremely important to be aware that a position is being made redundant; not an employee. A redundancy is the result of an organisation downsizing, rightsizing or changing their direction which may also include outsourcing various business functions. 2. Be aware of the possible stages of grief It is important to understand to a degree the possible stages of grief that you may go through following notification of a redundancy. One such model is the ‘Dancing with Sarah’ model of grief and transition. This is a very effective model to help individuals step through their feelings and emotions following events such as a redundancy. The ‘Dancing with Sarah’ stages include: Shock Anger Resistance Acceptance Help Traditionally, an individual will work through these stages at varying pace and will move backwards and forwards between stages before reaching ‘Acceptance’ and ‘Help’. A lot of individuals will remain in the ‘Anger’ and ‘Resistance’ stages longer than others and may transition with more difficulty before moving into the acceptance stage. When an individual is able to identify and categorise the emotions that they are feeling more effectively, they generally are able to seek possible alternative employment opportunities. 3. Seek Support For some lucky individuals, they will be provided a tailored outplacement support program to suit their requirements. For others, they may not be provided any support or the support they are provided does not suit their requirements. It has been identified that individuals who have support throughout the period of redundancy, as well as support in job search and marketing for a job, have a greater success rate in securing a new opportunity sooner. Accredited career consultants that specialise in tailored outplacement and transition programs are the best to provide personal support during this time. 4. Don’t wait Although for many a redundancy will include a financial component including severance pay, it is recommended to not wait until this benefit has been used to start looking for work. The recruitment period on average for an organisation is 12 weeks and for many, this reflects the amount of total time from application to a role, interview stages, to successful job placement. What this time does not include is a period where applications may not be successful. The current higher unemployment rates identifies that there are many individuals seeking employment, and this does not include those who are employed that are seeking alternative employment. If you immediately start looking for a new opportunity you will improve your chances of an earlier placement and reduce the risk of being financially impacted by the redundancy. 5. Remain Positive As difficult and as daunting as a redundancy is for everybody, remaining positive is absolutely necessary. Without a positive attitude individuals are unable to seek future work opportunities effectively. This can be reflected by individuals getting a “victim mentality” or a “Why Me” attitude rather than a “what’s next” attitude. You can remain positive through: Some key statement to support you in your positive thinking includes: Remembering that a position was made redundant not an individual. Becoming extremely active in your job search; including through the proactive and reactive job market. Look to developing your skills. This can be through formal training or simply by researching your industry or your target role online, through the media and at your local library. Continuing to operate as if you were employed. Wake at the same time and structure your day through having to do lists and scheduling tasks you need to undertake. Understanding redundancy and the stages and emotions that you maygo through improves your resilience following redundancy. Looking at the redundancy of a role as a benefit to open your eyes to new opportunities, rather than a job loss, will ensure that you get the most out of your own individual situation. Many individuals use this time as an opportunity to look for their ideal career and how to transition across utilising their existing skills or pursuing further training opportunities. When remaining positive and looking at all options as a result of the redundancy you will get the greatest and most suitable result for yourself and your career.