Redundancy – Top 5 common mistakes (and how to avoid them)

Redundancy is often very unsettling for candidates. They are often caught unawares and unprepared for the news and there are obvious factors that cause instability. The impact of redundancy for some people can be life changing. Sadly, as a Recruitment Agency, we’ve seen this situation often with candidates and there are some fundamental errors that we feel candidates make over and over. These “mistakes” have a detrimental impact on their next career step and moving on from the situation.

In this article, I am going to work through the top 5 mistakes as well as how to avoid them!

Don’t panic!

Often redundancy has had a wide impact on the lives of candidates and I can totally understand why people would panic. It’s totally understandable but it does not help you move to the next step. It is often the absolute enemy of making successful decisions. Of course, this is easier said than done but the advice that I’ve learnt is to be focused and be organised. What are you going to do today that will increase your chances of securing a new role? Who are you going to talk to? What steps will you take? Create a day to day plan of action to secure a new role.

Focusing on what’s happened

Often understandably, candidates are angry, frustrated, annoyed at the actions of prior employer before redundancy. However unfairly treated you might feel, you’re best advised to focus on the next challenge and step on your career path. Looking back doesn’t help anyone in this situation. By all means, follow legal advice and steps if client has been unprofessional in their approach but we encourage candidates to make sure this doesn’t become all encompassing.

Failing to act quickly

Thinking that you’ll have 3 months off and then find a job again in a week after starting to look is, for most candidates, a touch far fetched! The whole process for a permanent role can take weeks from CV submission through interviews. Although you’re available immediately, other candidates are working thus, interviews can take time to organise. You are not in control of how long the job search is going to take. It is best not to wait and to set your strategy early on. You don’t need to go straight into a new role but you want to have options as early as possible.

Approaching the market the wrong way

Candidates often come to the market with the same approach. What can I do? What job can I get? There is another way. Often having an enforced break like this allows candidates to take a step back and look at their career and function as a whole.
People caught up in the day to day of a job and everything else that goes on in our busy lives can miss the opportunity to look at their situation with a wider lens. Thus, take a step back and think about what it is that you want to do next? What does the next role look like? Where is it? What is the ideal company that you’d like to work for?
Take a day and think about what it is you’d like to do right now and what you’d like to do job-wise in the next 3 years. It’s a tough question for most to answer but will pay dividends later as it gives you something to select your new opportunity against.
Build an actual, physical list.
We have more in-depth advice about how to prepare for your job search here.

Jumping from the frying pan and into the fire.

This is the number one error and happens, sadly over and over again. Candidate is made redundant and then jumps to the next job as it’s the first one available. We see candidates make the first step and we also pick up candidates 6 months down the line where their new role has not worked out.
It is totally understandable as to why and how this situation happens but, it’s best avoided as by taking a role that you know you’re not happy with, you’re causing damage to your CV, missing out on other, better suited opportunities and also causing yourself another 6 months of upheaval and stress. We advice that you take time to understand what it is you’re looking for by reflecting on the elements of your current job that you do/don’t enjoy. From this, plan what it is that you want. Ask the right questions, and don’t compromise unless you absolutely have to!
Here are some of our top tips on how to stop yourself choosing the wrong job.

This is a very brief overview of what is a complex subject.

If you find that you’ve been made redundant or feel that your position is at risk of redundancy, give us a call on 01865 784 336 or email letstalk@corriculo.co.uk. We offer FREE, impartial, confidential and professional recruitment and career advice to all.

We’ll be happy to help.

Otherwise, take a look at the opportunities we currently have on our job board.