How To Deal With The Stress That Redundancy Brings

Being faced with the prospect of redundancy can be extremely traumatic, but for some, a relief, when they have been unhappy in the job for such a long time.

Redundancy can seem harder for those to face who still have some time to go before they retire. With longstanding employees who have served the company for over 25 years, it can be more traumatic – stressed at the prospect of having to attend an interview for another job – this one aspect of change in itself can be the most traumatic, especially if they have worked their way through the ranks of the same company.

Longstanding employees can often be cushioned by predictability and sometimes could become institutionalised when they have worked for the same company for nearly 40 years.  Change is harder for these people to accept and this is when limiting beliefs can kick in, such as; what if I cannot get another job? What if ‘they’ think I am too old? Where can I get a job to fit my skill and knowledge base at my time of life? How will I manage to find a job that pays the same salary and offers similar benefits?

There is also the prospect that one may have to consider being re-located in order to maintain the lifestyle they have become accustomed to and to be able to stay within the same company.

So how do you deal with the stress redundancy presents?

First of all, if the company is worth its salt, it will have a strategy to help prepare employees for the changes ahead.  During this time, it is important to sit down and start to think about what you really want to do and what kind of redundancy package you would like to consider.  If you can negotiate, then consider doing so, but do plan ahead and start to put together a CV, contact recruitment agencies and it may well be worth the effort to create and maintain a profile on LinkedIn.

If you have the support of a trade union then it is important to speak to a union rep as soon as possible. Know your rights and if you have to, seek legal advice, which should be free and available through the company.

Do not allow yourself to be intimidated and try not to get entrenched in the negative hype that will be bounded about by other employees. Instead, think about yourself. What you would like to do?  Whether you are willing to re-train for another career, take some time out to consider your options or consider it an opportunity to do something different – something you have always wanted to do but did not previously have the courage or the finances to fulfil your dream or ambition.

What is important is that you do not worry too much about it. Worrying does not change things. However, it will ensure that you will become anxious, scared and fearful, which will disable you from being able to make any important decisions or lifestyle choices. Accept what you cannot change and take control of what you can!

Despite the fact the British economy has been under enormous strain for the last few years, it does not mean there are no jobs out there. You may just need to be a bit more flexible and discuss with your spouse / partner how you may start to initiate some changes in your lifestyle or financial commitments whilst you find the ideal job for you.

However, if you find you are unable to maintain a rational state of mind then consider having some counselling or speaking to a life coach.  A lot of companies do provide employee assistance programmes these days, whereby they will fund so many sessions of counselling in order to help you gain some clarity and perspective and work through your thoughts and feelings.

Remember, nothing ever stays the same.  ‘Jobs for life’ are becoming few and far between these days. Open your mind to new opportunities and new possibilities and try to remain positive.

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