Newspaper article The Observer (Gladstone, Australia)

Redundancy Can Be a Blow to Your Self-Esteem

Newspaper article The Observer (Gladstone, Australia)

Redundancy Can Be a Blow to Your Self-Esteem

Article excerpt

ONGOING economic uncertainty means that it's not uncommon to read a story about large or high profile businesses making staff redundant.

The flow on effects from past tough economic times are still being felt in many sectors of the economy and redundancy remains an all too common possibility for employees of both large and small businesses.

For some, redundancy can be a real blow to self-esteem, especially if they have been happily settled in the same job for many years.

Others may see it as an opportunity and actively seek out redundancy as a springboard to a change of career or lifestyle or a way to transition to retirement more rapidly.

Whatever your situation, there are ways to address the challenges that can make it easier to cope with and put you in a position to face the future with optimism, as a Gladstone client service officer explains.

Dealing with the

emotional impacts

For those who take redundancy as a blow to their confidence and self-worth, it is important to start taking practical steps as soon as possible to build momentum and focus on the future, rather than dwelling on the past.

It can be difficult not to take things personally, but the important fact to remember is it's the job that has been made redundant, not the person.

Focussing on what you can control instead of what you can't and taking action on some practical steps can help activate the emotional recovery process.

Updating and polishing up your resume is a great first step.

Putting your skills, experience and interests down on paper encourages you to take a more objective look at the positives, and what you have to offer prospective employers.

It is also important to seek help if you are struggling to come to terms with your situation.

Keeping things bottled up can be very counterproductive, so professional counselling and being honest with friends and family about your feelings is critical.

Financial worries

can be eased

Acting swiftly and planning properly on the financial issues surrounding redundancy is also integral to getting back on your feet.

Dealing with financial obstacles early on will dramatically improve your situation down the track. …

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