Prepare Yourself For A Job Loss


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News has gotten around that your employer is downsizing. People you know are being let go. It could be that you're next.

There are ways for you to start preparing if your job is about to be ended involuntarily.

Here are some quick, helpful tips to get you started.

Mark Swartz -'s National Career Coach

Published in: Career
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Prepare Yourself For A Job Loss

  1. 1. Employee & Job-Seeker Tip <br />GET<br />READY<br />TO<br />GET<br />DOWNSIZED<br /> Mark Swartz, <br /> Career Coach<br />
  2. 2. 1<br />.<br />GET ADVICE<br />FROM<br />SEVERAL SOURCES <br />
  3. 3. 1.1 CONTACT AN EMPLOYMENT LAWYER TO<br /> DISCUSS OPTIONS<br /><ul><li>An employment lawyer can help you…
  4. 4. review your legal options regarding the impending</li></ul> downsizing<br /><ul><li> ensure that you are treated fairly by your employer
  5. 5. manage your expectations on what sort of severance</li></ul> package you might expect<br /><ul><li> secure a higher settlement or severance package
  6. 6. convince your employer to pay for “Outplacement”</li></ul> (career transition coaching) for you<br />
  7. 7. 1.2 SPEAK TO HR AND SEE IF ALTERNATIVES <br /> CAN BE ARRANGED <br /><ul><li>Can your HR people (or other Managers)...
  8. 8. reassign you to another division or place you on</li></ul> secondment to another employer?<br /><ul><li> demote or promote you in order to keep you on?
  9. 9.   retrain you for a different position?
  10. 10. offer you an “early retirement” package?
  11. 11.   agree that your upcoming departure was due to</li></ul> restructuring, so that it doesn’t appear that you’re at fault in any way for getting terminated?<br />
  12. 12. 2<br />.<br />PREPARE <br />YOUR DEPARTURE<br />PARACHUTE<br />
  13. 13. 2.1 GATHER EVIDENCE OF YOUR ACHIEVEMENTS<br /><ul><li>Have you earned such things as a...
  14. 14. recommendation for a job well done?
  15. 15. thank you note from a colleague?
  16. 16. award for your accomplishments?
  17. 17. endorsement from clients / suppliers?</li></li></ul><li>2.2 COLLECT EXAMPLES OF YOUR WORK <br /><ul><li>Assemble samples of the following if </li></ul> they apply to you...<br /><ul><li> spreadsheets you’ve produced
  18. 18. proposals that you’ve written
  19. 19. reports you’ve edited
  20. 20. important memo’s you’ve responded to in a </li></ul>timely manner<br /><ul><li> meetings you’ve run well
  21. 21. projects you’ve managed successfully</li></ul>> Do not take anything that belongs exclusively to the employer. Leave private data behind too<br />
  22. 22. 2.3 MAKE CONTACT LIST TO TAKE WITH YOU<br /><ul><li>Go through your list of contacts and copy those you might want to connect with after leaving
  23. 23. Do not violate any confidentiality or non-compete clauses you may have signed (consult with an employment lawyer for advice on this prior to acting)</li></li></ul><li>2.4 USE UP ANY REMAINING ENTITLEMENTS<br /><ul><li>Take advantage of such entitlements as…
  24. 24. vacation that’s still owed to you
  25. 25. reimbursement for Professional
  26. 26. healthcare and vision care
  27. 27. pension top up provisions</li></li></ul><li>3<br />.<br />START PREPARING <br />FOR YOUR <br />NEW JOB SEARCH<br />
  28. 28. 3.1 UPDATE YOUR RESUME AND REFERENCES<br /><ul><li>Add to your resume all of your latest achievements, work- based activities, courses or credential upgrades
  29. 29. Make sure the dates of your employment are accurate and your title(s) are noted properly
  30. 30. Speak to internal staff (before you leave, if possible) in order to secure references. Observe your employer’s Code of Conduct in these matters</li></li></ul><li>3.2 GIVE SOME THOUGHT TO WHERE YOU MIGHT<br /> WANT TO WORK NEXT <br /><ul><li>Begin checking job sites such as for suitable opportunities</li></ul> <br /><ul><li>Get in touch with a few recruiters in your field to discuss your approaching availability (if you are ready to do so)
  31. 31. Get permission from management if you intend to search for work on company time, or if using your employer’s equipment - otherwise you could be providing your employer with cause to dismiss you without extra severance</li></li></ul><li>more on this topic:<br />Are You About To Be Fired?<br />more career advice:<br /><br />join us on:<br />