5 Ways to Cope with Redundancy
Redundancy can be a worrying time; whether you were expecting it or not, being told your role is no longer available can bring up feelings of rejection, sadness and anxiety that are hard to ignore. Here at Furlonteer, we know first-hand what a blow redundancy can be, so we've put together a little list to help you feel more in control.
1) Make Your Network Aware
Getting support from friends and family is crucial during this time but don’t forget to reach out to previous colleagues to let them know you’re available, they could have the perfect role for you. Add the ‘open to work’ banner to your LinkedIn profile, which lets connections and recruiters see that you are looking for new opportunities, as they say, it’s not what you know, it’s who you know!
2) Set a Budget
Whether you received a pay-out or not, it can be hard to budget for the future when you’re unsure of your next payday. The Money Advice Service offers a free redundancy calculator as well as an action plan to give you a breakdown and advice. If you have any debts, it’s worth checking with the credit card companies on how they can help, and prioritise paying these off first and then calculating rent and bills. You may also be entitled to Jobseekers Allowance or Universal Credit, and it’s worth checking what other benefits you may be able to access while looking for work.
3) Stay in a Routine
We know it can be tempting to stay in bed all day eating chocolate hobnobs and watching Netflix, and of course you are well within your rights to do so for the first few days! After the initial sadness though it’s important to try and stick to a routine. Make sure you’re getting out for a daily walk, sticking to meal times and taking a break from job applications with a free workout or yoga video on YouTube; you'll feel better, trust us.
4) Share Your Skills and Gain Experience
Did you know that 25% of our Furlonteers are currently going through the redundancy process? Sharing your skills with a charity for just a few hours per week will help to brush up on your knowledge, explore different industries and really ramp up the feel-good factor; plus it looks great on your CV! One of our Furlonteers, Devika Chowdhury, has recently been made redundant and stated “Furlonteering has helped me to stay focussed (and sane quite frankly) during a really difficult period in all of our lives”.
5) Feel all the Feelings
Laugh, cry, share unemployment memes... However you’re feeling through redundancy, know that all your feelings are valid. Although it feels like a blow, redundancy can be a blessing in disguise and can propel you onto bigger and better things. If you do feel like you’re struggling, talking to a mental health charity like Mind can really help, ensuring you’ll be back feeling great in no time.
Feeling inspired? Why not check out our blog and webinar on how to build your personal brand with top tips from industry experts.