What should you do when you receive a lay-off notice? What’s the best way of surviving a layoff? How should you handle being unemployed? If you’ve lost your job, you’re not alone. There are always companies that are cutting jobs or restructuring operations. It’s a normal part of conducting business in today’s economy.
Even when unemployment is low, organizations continue to streamline their workforce; there are industries that are losing jobs, and industries with wage stagnation that are in decline.
How can you tell if it’s going to happen to your job? Before the official notification, rumors of downsizing often run rampant through an office, so that employees might be somewhat prepared for a lay-off announcement. In other cases, the news is a surprise — you’re shocked, unpleasantly astonished, and not at all sure what to do next now that you’re unemployed.
How should you handle it if you’re the recipient of a lay-off notice or if you lose your job without prior notice?
First and foremost, you should check with your company on the benefits you might be entitled to when you leave. It’s important to be informed about your employee rights, so you are clear on where you stand when you lose your job. Then, it’s important to file for unemployment insurance and to make sure you have all the bases covered so that you can start a job search.
You may, however, be able to turn a layoff into a new career. Here’s how to handle unemployment, start a job search, and more advice on what to do when you lose your job. If you do have an inkling that there’s going to be bad news, be prepared to ask what benefits terminated employees are eligible for.
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