How To Survive A Layoff Or Downsizing

Layoffs used to be temporary in nature. This meaning has changed now because, for a long time, this term has been used for referring to the permanent elimination of employees as a part of the cost-cutting measure. One of the most difficult situations in an employee’s life is when the main source of income comes to a full stop.

However, it is essential for you to keep cool and create strategies to overcome it.

Here are some tips that can be incorporated in order to survive a layoff or downsizing:

o Define your network: The first step towards surviving a layoff is to define a network of friends, co-employees, and professional associations that may be of some help.

o Approach the HR department: You may ask your former HR department to help you get a job. The HR department is one of the powerful departments in an organization and has a lot of contacts.

o Update your resume: The resume is one of the most essential marketing tools while searching for a job. Make sure that your resume is clear and concise and is written specifically. It serves as one of the best ways to market your talents. With this fact in mind, make sure that your resume is written according to the company’s requirements. Try to present a brief overview of your qualifications to the interviewer.

o Scan classifieds for potential employers: Scanning for potential employers is important as it will give you an idea about which companies require employees with the kinds of skills that you possess. The main idea behind scanning through the classifieds is to check for those companies that are well-established and are not facing any losses.

o Reorganize your finances: Make sure you organize your finances as soon as you have been laid off. Try to save more money than ever before and sell things that you are likely not to use in the near future.

o Contact the unemployment office in your state: As soon as possible, contact your state unemployment office, as it helps in getting the waiting period out of the way.

o Submit your updated resumes to different job portals: In order to get a job faster, submit your resume to as many online job portals as possible. Highlight your skills and qualifications and approach a number of employers simultaneously. Be sure to use cover letters that are specialized for each company and job opening.

o Contact references: You may also contact references and let them know that you are back in the market. They may be able to help.

o Request a recommendation letter: Recommendation letters help people get better opportunities in life. In order to get a good job, you may ask your former employers to draft a recommendation letter for you and if it is convenient and not too busy, mention what has happened to your previous employer.

o Practice mock interviews: To present yourself in a better way, you should practice mock interviews so that you can confidently deal with the interviewer.

Losing a job is never easy; the tips above can make it easier to make your way through.

Efficient, Proficient, and Self – Sufficient – 3 Skills to Help You Survive an Employment Crisis

The headlines, newscasters, talk shows, friends, relatives, and even strangers are all talking about the problems with today’s economy.

Whether it’s the loss of a home or the slow dwindling of investment accounts, everyone is talking about the affects this economy is having on their lives.

In recent days, the hottest topic of discussion regarding our news breaking economy has been more about jobs – layoffs in particular.

The American unemployment rate has reached an all-time high of 8.1%, according to the U.S. Department of Labor. With so many people losing their jobs, it makes those who have one grateful that they can still pay their bills, keep food on their tables, and keep a roof over their heads.

The rapid increase of job layoffs and employment uncertainties has employees wondering what they can do to keep their jobs and avoid the unemployment lines; what they can do to make themselves stand out from the rest; and what they can do to make themselves indispensable.

Many experts have said that now is the time for employees to take stock of their skills, invest in improving their skills, and begin in earnest to fully use their skills in order to become indispensable.

With that in mind, to survive and thrive in this current employment environment, today’s employees must focus on developing the three significant characteristics of efficient, proficient, and self-sufficient to make themselves a more valuable asset, not only to their companies, but for their families and themselves, as well.

Let’s look at the first characteristic of efficiency. Efficient employees are those who are productive without waste. They are able to work smart by producing desired results without wasting their vital resources of time and energy.

When you operate as an efficient employee, you are able to put forth effort in your work day, whether you work 8, 9, or 12 hours, and get much done with few mistakes. Since you understand that mistakes can cost time and money plus hinder a positive working relationship with clients and customers, you, as an efficient employee, will focus on having a mastery of organizational and time management skills to boost your ability of consistently producing without waste.

The next characteristic today’s employees must develop is that of proficiency. A proficient employee is an employee that has great knowledge and experience in a trade or profession.

In today’s economic climate, not only are there more and more people losing their jobs, but there also seems to be more and more people doing a job that they don’t know much about doing.

Have you experienced interacting with someone regarding an aspect of their job that you thought they would know but they did not know much about it at all? Perhaps they transferred you to someone else, or maybe they flat out told you they did not know anything about what you were asking, or possibly they gave you some information only for you to find out later that the information was totally incorrect and did not help you with what you needed help fixing or resolving.

Employees who do not know their jobs well cannot do their jobs well. That is why it is important for you to learn every aspect of your job and learn it properly. The more you know, the further you will go. The success of your job will depend on the knowledge and skills you possess. Therefore, take classes, enroll in certification programs, study material on your own, and work with a mentor to help position yourself as a proficient employee.

The final characteristic today’s employees must develop is the characteristic of self-sufficiency. With all of the uncertainty that employees face regarding the stability of their jobs, the characteristic of self-sufficiency can serve them well.

Self-sufficient employees are able to maintain themselves without outside aid. Of course, in the workplace, teamwork, which requires you to receive assistance from others, is essential for establishing bonds amongst co-workers, successfully completing projects, and achieving company goals. However, operating as a self-sufficient employee will allow you to demonstrate an extreme confidence in your own ability and worth.

This means, you will operate as a self-starter who performs work that you are proud of. In addition, you will work with minimal instructions from the boss, doing what you know must be done, instead of waiting to be told what you must do. Furthermore, you will understand that you are not an island and you will know the resources that can help you to do a job well done and you will tap into them for assistance.

Valuing your efforts, utilizing your resources, remembering your goals, tapping into your talents, and using your skills will help you to operate as a self-sufficient employee in the workplace.

And, in the unfortunate event you should find yourself facing the unemployment line, your ability to provide for your own needs will help you to establish a career where you can rely on your own knack to produce a living and survive during this employment downturn.

With constant reminders that these are not easy economic times in which we live, focusing on positive aspects of employment may appear a discouraging task. Yet, if you work on strengthening the characteristics of efficient, proficient, and self-sufficient, you will position yourself to survive this – and any future – employment crisis.