With research from 2013 suggesting that 3.5 million people had been made redundant since the recession, this was - and continues to be - a reality for many of the UK's workforceFinancial, practical and emotional issues are just a few of the things that those who are facing redundancy may have to deal with. If this is you, here are some tips on coping with this major life upheaval.
Open up
Many people experience feelings of shame after being made redundant and are reluctant to share the news with family and friends.
However, keeping your redundancy to yourself will only add to your stress and limit your opportunities for getting back into the workplace.
Accept that redundancy is no reflection on you and can happen to anyone at any time. It is particularly important to be open with your immediate family, such as your partner, who may be experiencing their own stress and worry surrounding your family’s financial situation.
Sharing your concerns and working on a back-to-work plan together is a great way to be proactive and keep the lines of communication open.
Sign on
Regardless of whether you need the extra money, it is important to sign on following redundancy. Jobseekers allowance can also cover your national insurance contributions as if you were working, depending on your circumstances.
It is important to keep up with this, as long periods without paying NI may affect your pension and benefit rights further down the line.
If you have been given a generous redundancy payment, you might feel like the extra dole money is unnecessary; however, do not underestimate the length of time it may take you to find another job. Take what you are entitled to and budget sensibly.
Stay motivated
Without the routine of working life, it can be easy to fall into a slump. Try to maintain some sort of daily routine to stay focused and proactive. Factor regular time for job hunting, networking and self-improvement, but also remember to socialise and maintain a healthy lifestyle through exercise and good diet.
Structuring your days positively will help to boost your self-esteem, which may have taken a knock, and keep you motivated and healthy – both mentally and physically – as you try to get back into the workplace.
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