Life After Retrenchment

Life After Retrenchment

Retrenchment is a reality in current times and is definitely not for “sissies”!  Be proactive, be positive and set your sights on securing new employment. Here’s how:


Banish the fear – don’t get overwhelmed, try to keep your wits about you so that you can insist on your financial and legal rights.  Dwelling on the shame and anxiety will cloud your judgement and prevent you from moving forward.


Work towards a solid “plan B” – look at what you are good at, what you love to do and what is viable to get started with immediately. Decide on a plan and take action.  Don’t fall into the trap of obsessing about your own situation. Pursue your interests and make sure you focus on where you can help others


Reach out, don’t isolate yourself – many people want to isolate themselves which is absolutely the wrong thing to do.  Now is the time to network and use your connections.


Upskill and self-develop – now days one can learn new skills for free through research, self-help seminars, online coaching and Youtube.  Focus on building your own well-being and sense of worth as well


Get an outside opinion – It may help you to see that perhaps you weren’t completely happy in your job or needed this kick to start following your real passion.  Some people gain more perspective by reaching out.


Invest your package wisely – adjust your lifestyle and if you are going to invest in a new venture, don’t invest your entire package.


Source:  Helena Wasserman – Fin24

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