Dealing with Job Loss

You lost a job so be it, shit happens wether you were good enough or there were problems in your organization or there was politics, all that does not matter after you have lost your job. The impact of losing a job is directly proportional to the experience and seniority that you enjoy in your organization. Here’s a quick reference as to how one should ideally deal with something which is the biggest price of modern day capitalism

• The basics: start spending less generally and stop spending on non essentials, YES you would find another job and things would be back on track again but then you never know. In a high probability lay-offs happen in tough market conditions and you don’t want to be eating out of your savings for too long.
• Psychological impact: Can be severe especially on persons who have been top performers earlier, and it’s difficult to suggest that it won’t be, but remember that You shall lose the fear of a job loss itself which has been our biggest fear otherwise. You can proudly say that you have been there done that. Now it depends on a person to come out of this stigma and the faster he comes out the better it is.
• The taboo: Historically there is a social stigma attached to getting pink slips and this is a wrong time to try and justify in front of people why this happened. People who love you anyways have belief in you and people who hate you would never trust you no matter what you say. Forget about what has happened and be very open about it, as such things are never hidden, especially from a prospective employer, professional contact or a client. You can’t help it so just enjoy it. Also the world is maturing and pink slips are gaining acceptability in the society and the market place.
• The opportunity: A job loss could be an opportunity for us to look at a change in career or to take a sabbatical that we have always wished for but never had the time for due to our schedules. Also one can look to further your educational qualifications during this time as in a high probability the job scene would not be too great.
• We have to be ready to take salary cuts, ok it might feel that its a step in the backward direction but then with each percentile of salary cut your probability of employment keeps going up.
• The big risk: More often than not its been seen that after pink slips most person look in for stable options in employment rather than high growth options that one always looks at otherwise. Its a subjective decision but since we are a part of an extraordinary economy I feel the prospect of growth makes a lot of sense especially in case you are young and chasing a dream. Getting into a SLOW job might just kill you before you die your natural death.

Lets always remember that whatever has to happen has happened and has happened for a reason, nothing can keep us down except our own motivation and hard work

“I’ll get knocked down, but I get up again, You re never gonna keep me down”

TUBTHUMPING: Chumbawamba