You should know what you need to do if you lose your job. Losing one’s employment can be said to be one of life’s great challenges. It is an experience that comes with a lot of stress – ranging from financial stress to mental stress. Getting out of an employment could be caused by a number of reasons; being laid off, downsized, forced to retire early, contract work came to an end amongst others. If care is not taken, this kind of loss could take a heavy toll on mood, relationships, and emotional health.
When employment has been lost, there are some steps to take that might help one escape some of the stresses listed above till another opportunity comes forth.
Allow yourself some grieving once you lose your job
The loss of one’s income is something worth grieving about and it is not an easy one. You start to think of mortgages and loans that were dependent on the income from the lost source. While everyone grieves differently, there are some healthy ways to go about it. One of such is acknowledging your feelings and challenging your negative thoughts. Give yourself some time to adjust to the new development. You can also write about the feelings. See it as a time to ease yourself of the stress that comes with work. Do not beat yourself up even as you see it as a temporary setback.
Adjust your budget
What you will earn while unemployed is certainly going to be less than your paycheck if at all it exists, so think about how you can adjust your style and standard of living for the time being. This is assuming you have been prudent enough to have some savings you can fall back on. Otherwise, you just have to start saving what you have and spend less. Remember, you need to have something to use to transport yourself to the next interview.
Update people on your new status when you lose your job
This is where most people make mistakes. They find it easier to tell people they are looking for better jobs than to say they are looking for a job at all if they already lost one. Though you may be tempted to keep your status a secret, whether due to shame or because you do not want to be seen as a new liability, friends and family will not be able to help if they are not aware. Tell everyone that cares to listen, even strangers. Who knows where the next connect can come from. Regardless of what happened, you need to keep moving forward.
Revamp your CV – invest in personal development
It is possible you have not updated your CV in a while since you felt secured with your job. Now that it is no more, you need to pick your CV and update your recent skills, professional achievements and academic attainments. If enrolling in a course to make yourself marketable and you can afford it, go for it and add it to your CV. You can also make these additions to your LinkedIn profile. Who knows, someone might just find you there.
Prepare your narrative if you lose your job
In as much as you want to put your losing your job behind you, it will come up sooner or later when you attend interviews. It could be in the form of, “why are you leaving your current position” or “ why did you leave your previous engagement”.
Whichever response you would want to give, it is better you come up with something as close to honest as possible while still professional and practice it a lot.
Once you have put all these in place, you can start checking for job listings. You will get better when your thoughts are positive and realize maybe you stayed too long in your last job and it is time to move on.