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Top 5 Tips for Managing Your Career Through Redundancy

Published: 3 years, 4 months ago

Author: Marisa Menezes

 

It’s a fact of life in 2014 that company re-structures and the resultant rounds of redundancies are all too common.

 

I have personally navigated my way through a redundancy after being in a role for eight years, and hand on heart, I can say it was a harrowing experience in many ways.  

 

Having come out the other side and gone on to a fulfilling new career, here are my top tips for making redundancy work for you!


Tip 1 – Put your CV together straight away


If you have advance warning of a redundancy, use that critical time to put your CV together.  Your CV is going to be your most valuable calling card in the market place.  

 

If, like many people, you haven’t done or updated your CV for years, this can be an excruciating task as you try and remember the details and achievements of past roles.

 

There are plenty of professional CV writing services out there and for only a few hundred dollars, it is an absolutely worthwhile investment.  Once you have a knockout CV put together, you’re ready to hit the market place!

 

Tip 2 – Network, network, network!


OK, so if you’ve been in the same role for a long time, you may have let your networking activities slip.  Now that you’ll have some time on your hands, use it to create valuable and meaningful connections.

Reaching out to past clients and people you respect in the industry simply to hear about how they managed to get to where they are today can open up a plethora of opportunities for you.  

 

Most people are only too happy to share their wisdom and advice on how they’ve achieved success and will usually be open to leveraging their own networks of contacts to help you succeed too.


Tip 3 – Upskill Yourself


Post-redundancy is a great time to get those certifications you’ve been ‘putting off’ when you were snowed under at work.  Perhaps it’s finishing a course of online study you’d commenced earlier, perhaps it’s enrolling to learn software programmes you’ve never quite mastered.  

Whatever it is, make a list of your skills and current certifications, and use your time to fill in any obvious gaps.

 

Tip 4 – Don’t just jump at any old offer


This is an opportunity to take a breath, re-group and objectively think about what you want to do next.  Don’t be in a hurry to take ‘something’ rather than have ‘nothing’.  This is a time to assess the kind of work place culture that will really energise you as well as the profile of job that’s going to excite you.  

If you get these two elements right, you’ll be well on your way to career satisfaction.

 

Tip 5 – Keep a healthy perspective


There is no set formula for how your job seeking journey is going to unfold.  You might find your ultimate new role straight away or it might take a few weeks or months.  

Try and understand that the right role is out there somewhere for you and if you get a few rejections along the way, they are ultimately just brining you one step closer to your dream job!

 


To find out more about how you can make redundancy work for you, contact Marisa Menezes on 03 9650 6665 or marisa.menezes@thesource.com.au