You’ve Lost Your Job- What Happens Next?

The first principle of my blog is Creating Ecosystems of Success, and a key focus is Career Discussions. Most everyone will experience the loss of a job for one reason or another. If you’re fortunate, you will receive a timely warning so that you can prepare for the loss of income. Some people aren’t so lucky and the loss is sudden. In either case it’s important to know what to do in of a job loss. The following contributed post is entitled, You’ve Lost Your Job- What Happens Next?

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Image: https://www.pexels.com/search/stress/

Losing your job is up there with one of the most stressful life events a person can go through. In an instant, everything is at risk- your home, your car, your credit score where you can quickly fall into debt. There’s a hugely emotional side of things where you might be wondering how you’re going to look after your family and pets, not to mention a loss of identity. Our jobs are more than just jobs, they’re part of who we are. And so losing that, your security blanket, it’s a difficult pill to swallow. If you’ve found yourself in this position, perhaps due to redundancies in the company or them going into administration, or maybe due to a fault of your own, here’s what you need to do next.

Claim any money you’re entitled to
Have you had to leave your job because you got injured? If it’s someone else’s fault then you might be entitled to compensation, make sure you’re getting what you’re owed. For example, if you were hurt while riding your motorbike then a lawyer like https://www.braininjurylawofseattle.com/seattle-truck-accident-lawyer/ would work your case for you, if it was at work then you’d have to go down the relevant channels. This money can help you with your recovery and can be a lifesaver while you’re out of work. While you don’t have a job, you may also be entitled to help from the government. See if there are any welfare or benefits you can claim to cover your basic costs and keep you going while you find something new.

Take a temporary job
Finding another job can be a lengthy process. Depending on the career you’re in and the job roles you’re going for, it can take time for a position to come up, the employer to go through CVs, call people in for interviews and eventually start. You may also get rejected a number of times along the way. For this reason, it can be worth taking a temporary job– any job you can get in the meantime. As the saying goes, it’s easier to find work when you’re in work. It might not be what you want to be doing or a long term job for you but any source of regular income is better than none. Whether it’s delivering pizzas, working in retail or cleaning, see if there’s anything available right now that you can take.

Create new sources of income
Going forward, it’s so worth building additional sources of income so you’re financially protected if you ever lose your job again in the future. Establish and monetise a blog, build up a good reputation as a freelancer or start a home business. These things will take time to get going, but you could run them alongside your new job when you finally get to work. It’s extra money for now, and if you need them in the future it’s a source of income you can rely on.

Author: anwaryusef

Anwar Y. Dunbar is a Regulatory Scientist. Being a naturally curious person, he is also a student of all things. He earned his Ph.D. in Pharmacology from the University of Michigan and his Bachelor’s Degree in General Biology from Johnson C. Smith University (JCSU). Prior to starting the Big Words Blog Site, Anwar published and contributed to numerous research articles in competitive scientific journals reporting on his research from graduate school and postdoctoral years. After falling in love with writing, he contributed to the now defunct Examiner.com, and the Edvocate where he regularly wrote about: Education-related stories/topics, Science, Technology, Engineering and Mathematics (STEM), Financial Literacy; as well as conducted interviews with notable individuals such as actor and author Hill Harper. Having many influences, one of his most notable heroes is author, intellectual and speaker, Malcolm Gladwell, author of books including Outliers and David and Goliath. Anwar has his hands in many, many activities. In addition to writing, Anwar actively mentors youth, works to spread awareness of STEM careers, serves on the Board of Directors of the Friends of the David M. Brown Arlington Planetarium, serves as Treasurer for the JCSU Washington, DC Alumni Chapter, and is active in the Dave Ramsey Financial Peace Ministry at the Alfred Street Baptist Church. He also tutors in the subjects of biology, chemistry and physics. Along with his multi-talented older brother Amahl Dunbar (designer of the Big Words logos, inventor and a plethora of other things), Anwar is a “Fanboy” and really enjoys Science-Fiction and Superhero movies including but not restricted to Captain America Civil War, Batman vs. Superman: Dawn of Justice, and Prometheus. He is a proud native of Buffalo, NY.