As of June this year, there were approximately 1.29 million unemployed people in the United Kingdom, according to the Office for National Statistics. Losing your job either through dismissal or a lay-off can be devastating especially in these times of rising cost of living. However, labour experts say there are some crucial first steps you should take when you that happens. Here, we discuss three things you could do to get back on your feet.
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Negotiate the severance pay
When an employer decides to let you go, they are legally required to send you off with some money to make up for lost income over a determined period of time. According to labour and employment lawyer John Hyde who spoke to The Star, many people are quick to take the first offer they are given.
Usually the first offer is not final, but it is useful to know how much room to negotiate there might be — without litigation — to ensure you are not leaving anything on the table.
Unemployment benefits
The moment your employment termination is finalized, the next thing to consider is applying for unemployment benefits which in the UK is called the JobSeekers’ Allowance. Do this even if you received a generous severance or if you have enough money saved up. Applying for these benefits is time bound so get on it as soon as possible, the article in The Star adds.
Go back strong
Once you have secured some form of income for a period, it is time to consider getting back into the job market. You should have tracked all the things you accomplished in your old job. Outline your strengths and the things you were most proud of in your previous role. Alan Kearns, managing partner and founder of the people and culture firm CareerJoy, told MoneyWise
the fullness of your skills and fullness of the experience. Not through a title, but through a much more comprehensive view.
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