10 Steps You Can Take If You Are Laid Off
Monday, May 16, 2011, 2:00 AM | Leave Comment
The job market is down and is way down for people who lost jobs last month and the months before. They have to work hard and smart to land another job of at least equal value. The job value can consist not only of pay but health care and other benefits as well. One has to look at the total package to make a decision of accepting a job.
It’s hard these days to get a job. Saying no to a job offer, because the pay is lower than your previous job, will not be too wise. You should accept any reasonable offer and just wait it out till you get a job that you really like. At least now, you should be able to put food on the table that your family can enjoy every evening.
All the uncertainty in the economy can easily shake a job seeker’s confidence. But experts say it is important to stay calm and think strategically. A recession, like now, does not mean there is no opportunity for work, it just means you have to think and act differently.
I have compiled the following points from various resources to help you think and act on different strategies than the ones you have been used to. Remember, these are very bad times and we just have to make the best of it.
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Keep your mind open to look at other industries
If you have looked hard and smart for a job in your industry, start thinking about searching jobs in other fields. For example, if you have worked in Information Technology (IT) for some time, you might be familiar with and worked with Business Systems Analysts. I am sure you know enough that you can modify your resume a little and apply for a BSA job.
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Consider taking a position you are over-qualified for
Once you get into a company, work your way up to a better position. Once you have proven your abilities to do the job better than anybody, the company will promote you and give you more responsibility that you deserve.
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Work as contractor
Even if a company is under chapter 11 to reorganize, they might have jobs as contractors, just pay and no benefits. They might not have full time jobs but there are always some projects left that are extremely essential to the company and they might be able to hire applicants as contractors. When the situation gets better, you will be one of the first ones to get hired as direct employee.
In other words, could you propose doing a project on a “contract” or “freelance” basis? As I said, you will get paid an hourly rate or a flat fee for your work, but usually will not receive benefits. But it is a way to establish a relationship with an employer that could pay off when the economy turns around.
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Consider being a temp employee
Consider accepting a temporary job til the situation improves. The pay may not be as good but it is a job and can be a more rewarding experience.
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Have 4 resumes with a little different objective
Write at least four resumes but not way off of your primary expertise. For example, if your background is in marketing, you might be able to position your experience to make yourself an attractive candidate for a sales or public relations position.
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Consider work on your own as a sole proprietor
If you have a skill or a passion, think about whether you could turn it into a business without substantial start up costs. This is like working as a telecommuter – working from home.
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Apply Local, state and federal governmental agencies
These agencies are facing a labor shortage, as thousands of their workers are retiring. Look into a department that is related to your work experience. The pay might be less, and it usually is, than the private sector, but their benefits and retirement package is better.
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Get professional guidance
Get professional guidance from private as well government employment agencies. Keep an open mind to positions that you may not have previously focused in on.
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Start Networking
You have heard of location, location, location about real estate. It is time to think networking to the power three. Talk to everyone you know or come across someone that might be able to help you or just send you in the right direction.
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Back to school strategy
If you can afford it financially and are supported by your family, extra education and training goes a long way.
In a Nutshell
The job market is down and is way down for people who lost jobs last month and the months before. You may follow the above steps to get a job.
