Despite any news and reporting to the contrary actual data tells us that unemployment and underemployment are setting recent-history records.
The worst thing to do in this climate is to lose your job and join the rolls. But it happens; likely it’s happened to you or perhaps people who are close?
You turn up one day and find out your unspoken fears are validated. You no longer have a job. So where do you go from here? In the immediate and inevitable turmoil of new emotions, what are the most important things you should do?
Review the following list of priorities if you’re facing such a challenge:
Get the Finances straight
Front and center is the concern about how you’re managing the finances going forwards. You’ll need to consider best, likely and worst-case outlook for all ongoing expenses and liabilities. Tune-in to the hard facts.
If you’re not good with numbers, get help. If you’re unclear how to proceed quickly and accurately, get help. This is no time to just hope you’re on a correct and sustainable path.
The main counsel I would offer is to move almost immediately to worst-case scenarios and shut down all unnecessary expenditures. This decision can be modified if it’s overkill. However, errors in the opposite direction are typically not reversible.
Get yourself Mentally Repaired
It’s tough to get passed the emotional pain of job-loss, but you must, and as a priority.
Damage was done which must be quickly repaired and removed from display when you’re making new contacts and interviewing. First you must accept there was damage, then manage and defuse it accordingly.
Your job loss was either the result of your flaws, or circumstance. If the latter, accept and move on quickly as you are able, since you are largely blameless. If the former, acknowledge, understand and learn from the advice of trusted colleagues. Then define an active and simple plan to evolve and eliminate/minimize such mistakes in your future.
You need to get on the same page as those closest to you. The road without a job can be bumpy and volatile. Be sure to establish common ground in shared financial plans and emotional challenges. Whenever necessary, talk it out with loved ones, trusted friends or counsellors, as required.
Take essential Action(s)
The economics of your situation invariably need immediate attention. If you’re aware of action(s) you must take, then take them. Don’t gamble on unlikely outcomes and assistance.
Cancel purchases, reduce expenses, eliminate luxuries etc. Just be sure actions are pragmatic, prudent and not the result of emotion or panic.
Some things might have to go and it’s likely your belt needs to be tightened. In these times friends and relatives can be more supportive and understanding than you realize. Value them accordingly.
Prepare yourself Physically
Whatever your past job was it’s likely your work-out regimen could benefit from an upgrade. So, plan a program and maintain it religiously. Set useful, meaningful goals you’ll achieve.
If you were in poor physical shape or overweight, treat downtime you now have as an opportunity. If you’re already in good condition, maybe you should get in great shape? Investing in expanded or new physical routines will help your confidence, determination, mental condition and of course, general health.
And just as importantly, exercise provides you a much-needed break from troubles.
Train yourself to Meet People
Get up-to-date on resume, interview and meeting styles. Learn how to prepare for interviews and reflect on how you are perceived.
Learn how to prepare for important meetings and what background research will help.
Understand how behavioral interviews can help you best present your value and style.
Importantly, understand the power of first impressions when meeting new people. Learn (ask trusted colleagues or friends) what impression you make and how that should be managed and leveraged.
Engage your Network
Many jobs are found through personal contacts. You’ll often need friends and colleagues to support your candidacy.
So, now is the time to grow your network connections. Meet people you know and seek leads to others that can help your cause.
Don’t be shy in approaching contacts that can help. The most senior and aloof people can surprise you in their willingness to engage and provide advice. So, request meetings, ask for suggestions and guidance; folks will often be flattered by your enquiries.
Start the Searches
There are volumes of online guidance about how to conduct searches. You’re going to be searching, so use them. Seek out all relevant sources for available job listings and make the most of posting opportunities.
Ensure your search encompasses all avenues viable for you:
- In-person meetings
- Phone calls
- E-mail (person specific and general)
- Company specific (with particular jobs targeted and generic enquiries)
- Postings (online lists and through your own tailored social media channels/advertising)
Keep orderly records of search, visits, contacts and follow-ups required.
Constantly look for job opportunities that are close relatives to, or surprising variations of what you have done before. Similarly, be receptive to entirely new avenues of work and career paths that may open up before you as a result of your specific skill-set.
Capitalize on Down-time
Even with an aggressive search and exercise regime you will likely have time for additional activities.
Use your available time for projects or programs. Catch up on reading; develop that interest in new or existing hobbies.
In addition, also try to engage projects and undergo training that can help you with both your immediate or long-term job/lifestyle plans. Above all, always use any spare time as an opportunity for positive involvement(s) and personal growth.
Review, reassess and adjust (ongoing)
Life without a job can get surprisingly hectic as you plan searches, interviews, meetings and pursue hobbies and activities. But don’t lapse into unthinking routines.
As each day passes your practical circumstance and findings may necessitate changes and sometimes present awkward surprises. So be prepared to reassess your detailed plans for financial, job-search and general activities. You will likely need to occasionally reconsider and modify most of the relevant and affected plans outlined in this Blog.
Similarly, your personal objectives and priorities may change, too. Again, adapt accordingly.
Although you must remain fluid and responsive to changing needs and circumstances, always be sure to avoid unnecessarily random and erratic modifications.
Strategize on your Future (ongoing)
Most of the actions suggested above are tactical and relatively immediate.
You likely must begin job searches with an eye to securing a position along the lines very relevant to your immediate skills and background. This is where you have most value to offer.
However, never take your eye off the future. Where do you want to be in five years? How do you want to evolve? Can your transition to this new place begin now?
Following your bliss can be idealistic and impractical; jobs must return enough for you to live as you need and choose. However, many transitions might be accelerated by actions you can take now. Free time might be leveraged towards achieving such results much earlier.
The future you envision can also evolve and change as you pass through a phase of joblessness. Keep your eye on the horizon and learn from the process; be sure you recognize and adapt to your changing perspective as it often affects what you should already be doing, today.
Losing your job is typically traumatic. If it happens to you, bring planning and order into your life. Be sure you minimize any bad emotions and reduce uncertainty by knowing how you want to proceed and where you want to go.
Here’s wishing you a rapid transition back into the career-path and lifestyle that you want and deserve.
Ian R. Mackintosh is the author of Empower Your Inner Manager Twitter @ianrmackintosh