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Archive for the 'unemployment' Category

Dec 13 2008

Fighting Redundancy (UK)

The Guardian newspaper has a very interesting article on redundancy, in particular they say it is possible to fight the decision on certain grounds. One of these is age discrimination. The UK government passed legislation in 2006 against age discrimination, which means that your employer can no longer get rid of you simply because you are old. They have to get rid of you on merit (i.e. the job is being eliminated, they are treating you in exactly the same way as younger employees etc). But there are some employers who don’t realise that the rules have changed.

If you are an older worker and are in this situation, it is worth reading the Guardian article (linked to above), as it may help you fight to keep your job. If you belong to a union, it might be worth contacting them as well. If you don’t, consider visiting your local Citizens Advice Bureau - they usually have legal staff attached to them who can give you free advice.

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Dec 05 2008

Protecting yourself from Job Losses

Today news came out that the US economy lost a collosal 533,000 jobs in November - taking the jobless rate to a 15-year high. People currently in jobs shivered and probably wondered if it was about to happen to them.

How do you protect yourself from job losses? There are certain sectors that are particularly vulnerable right now - banking and finance, construction, and real estate. It also looks like the retail sector might shrink as shoppers stop buying. If you are in any of these sectors, then start taking precautions now. Start saving like crazy. Having ready cash is more important than paying debt, so the first thing to do is to ensure you save at least six months salary. If you’ve maxed out on your credit card, start clearing the debt - you want to have some room to borrow in case you lose your job and run out of cash, and you won’t be able to do that if you are at your limit.  See this previous post on how to clear your credit card debt.

Also polish up your C.V. and consider whether it might be sensible to change job to somewhere safer. Working for the government is a safe option. The medical sector is another recession proof area and they have jobs at all level from porters and administrators to doctors and nurses.

If you can’t change jobs, make sure you do the best job in the role you are now. In previous recessions companies made people redundant by lottery. What now tends to happen is they ask all existing employees to reapply for their jobs - this way they get to keep the best staff and get rid of the dead weight. Make sure you are not dead weight. Turn up on time, don’t take sickies, try to deliver all your company objectives - and make sure you turn up to all company social events (even if it is the late night pizza after work) to make sure your face is known. It’s a sad fact but true that the people who survive are those the management know and like, while those who are invisible get the chop no matter how good they are at their jobs. 

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Nov 21 2008

The psychological aspects of losing your job

Published by silverfern under unemployment Edit This

Losing your job is a huge blow to the self-esteem. Our culture believes that success or failure at work is entirely down to the individual, and that those who are unemployed are in that situation because they lazy, not trying hard enough, or are flawed in some way. So when you lose your job you start to think “what’s wrong with me?”

In addition we tend to define people by what they do. Almost the first thing people ask when they meet for the first time is “what do you do”? It’s very hard to say “I’m unemployed”. Even when people admit it, they will add something like “I’ve got an interview next week, and I’ve got savings, so I’m OK”, even if it is not true. And then they try to reinforce normalcy by contining to maintain their lifestyle as though nothing huge has happened. They continue to accept invitations for a lunch at restaurants, even if they can’t really afford it, what with being out of work. They continue to buy the same premium groceries and to try to live exactly as they were before.

In one case I know of, the employer was in such serious trouble that they hadn’t paid their staff for a few months. You would think in those circumstances, the staff would be worried out of their minds, trying not to put a cent more on the credit card than they had to (they were all living on credit cards by this time), and trying hard to find other work. Not a bit of it. They simply carried on as normal with their lives, with the Friday ritual of an after-work pizza, the lot. They believed the company’s assurances that it was just a cash-flow problem which would get fixed shortly and didn’t take defensive action, apart from coining witty jokes about the situation. It ended only when one member decided enough was enough and quit, which broke the spell everyone was under, and caused other people to say they were thinking of leaving too, at which point the company admitted it was in such deep trouble that they were not certain they could pay the payments that had been missed.

Denial can be very expensive. If you lose your job, don’t be proud. Simply cut back on everything and tell your friends you won’t be able to do anything expensive for a while. Most will understand and not press you. If telling people is too much to bear, then simply avoid them for the duration using a few creative excuses to spare your blushes (”I can’t go out on the town on Saturday night, my Mom’s visiting”).

Clamp down on your expenses hard. Accept any work you can get, just to ensure you have some money coming in so you don’t burn through your savings so fast. Temping is a good way to get into another organisation, (you’ll see job adverts before the general public, and by networking and doing a good job you can ensure that you are well-placed to secure any permanent positions available).

The other reaction to losing your job is anger. Which is entirely normal (and in some cases justified). But don’t go marching into your bosses office and telling them exactly what you think of them. And don’t take revenge by sabotaging the company (for example deleting or altering software code). And don’t go slagging them off online either, even if you are using a pseudonym. It’s not really safe (people can be tracked).

In any given town, most industries are pretty small, so the same people rotate within a group of companies. Say you are in accounting - it’s safe to say that in a few years, someone will join your firm that you have worked with previously. Or you will join a new firm, and then find that some of your new colleagues are actually people you’ve encountered and worked with before. People have long memories, so be professional and don’t do or say anything that you will regret. If you have to let off steam, do so in person with someone you can trust completely, like your mother, spouse or best friend. You can then say whatever you want with the added bonus that of course they are on your side and agree with your totally. 

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