Reasons for redundancy & things to keep in mind
Author: Corinne Hutchinson at TipTopJob in
Redundancy Advice and Guidance
Things to keep in mind
If you have unfortunately been made redundant, please do bear in mind some of
the following things:-
- Redundancy is difficult not only for you, but for the employer who has made the
difficult decision to go ahead with redundancy.
- Other people in the company will also be feeling it whether they are also being made redundant or not.
- It should not be taken personally.
- Ask questions so you understand what is going on and you know where you stand.
- Speak to professionals so you feel comfortable with the process and know what to expect.
- Think ahead and start searching for a new job straight away. You can start going for interviews whilst you are working your notice period.
- Your employer should also be active in helping you to find your next steps
along with support and advice and access to career advisors.
- Think about contacting everyone in your network as it may lead to a new
opportunity popping up.
- You will be compensated appropriately based on how long you have been working
for the company, if over 2 years.
- You do have the right to appeal if you are not happy with their decision.
- If you are unable to locate a job right away, there will always be jobseeker
allowance or income support available.
- You are not alone. Redundancies happen all of the time.
- It is stressful and traumatic but there are many resources to help you get back on track.
- Start be more careful with your spending and attempt to do some saving if
possible.
- Try to think positively and that you
will find a new job. There will be something else out there for you and it may in fact be a blessing in disguise.
Reasons for redundancies
There are many reasons for redundancies. These are just some of the many reasons it may occur:
- Reduced profits.
- Losses.
- Mergers and takeovers.
- Changing markets and technology.
- Requirements for different skills.
- Exchange rate changes.
- Poor management.
- Competition.
- Reshuffle in job roles/hierachy.
- Relocating to a different place.
Whatever the reason for redundancy, it is a difficult time. To find out further
information within the UK, you can visit the
Citizens Advice,
Advisory, Conciliation and Arbitration Service or the
Pensions Advisory Service.
About the Author: Corinne Hutchinson works at TipTopJob.com and is a professional marketer and career advisor working in the online recruitment industry. She has written articles and advised jobseekers on searching and applying for jobs since 2005.
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