10 tips to come out stronger after a layoff
Losing your job can be extremely
stressful. Unfortunately, it’s also increasingly common in the current economic
climate. We only have to look to mainstream media to see the waves of job
losses affecting the workforce at global corporations across different
sectors.
Just a few examples include Google’s
parent company, Alphabet, recently announcing a cut of 12,000 jobs globally, toymaker Hasbro laying off 15% of its workforce and Goodyear cutting500 jobs. Layoffs seem to be a frequent occurrence these days.
But these cold hard figures hide the
people affected. Behind each of these numbers, the reality of a layoff is
extremely personal and can be devastating.
If you’re laid off, your first reflex
might be to panic. Try not to (I know that’s easier said than done). There is a
way out of it, and your career may be even better on the other side.
In this article, I explain how to
bounce back from a layoff, including tips on what to do right after a layoff to
mentally prepare and take stock of your situation, how to start the search for
your new job and how to plan your career comeback.
How to get back from
a layoff
Bouncing back from a layoff can seem
like a mountain to climb, especially at first. Once you’ve processed the very
initial shock, here’s what to do next…
What to do right
after a layoff
1. Don’t lay the blame
While being laid off can feel
agonizingly personal, it’s really not about your work or how you perform in
your role. Your position may no longer be needed, but you still have all the
skills, talents, achievements and experience you had before.
You’ll likely feel strongly about your
situation, but blaming individuals or enacting revenge is counterproductive and
will ultimately reflect badly on you. Don’t forget that you’ll still need a
reference, and your former colleagues could be a valuable network for finding
roles in the future. You never know when you’ll reconnect with people from your
previous roles.
2. Stay calm,
clear-minded, and focused
Take a step back and try to remain
focused, calm, determined and professional. Be kind to yourself and think of
this time as an opportunity to reassess your career and remind yourself of your
values and achievements.
If you think about it, you probably
know of someone who’s been laid off but now has a better job or a whole
different career.
Having this clarity will help you move
forward, recognize that your situation will improve and identify the steps you
can take to bounce back. Starting with…
3. Start small
After you’ve been laid off, it’s
important to set realistic goals for your next career steps – just take them one at a time and you’ll
get much more of a confidence boost when each one is completed. You could try
doing some of these as a way to feel more positive and productive as you bounce
back from a layoff:
- Make a list of your
strengths and achievements and pin it somewhere visible - If you have time, add
to your skillset with a part-time or online course or volunteer work - Spend time with
family and friends or on hobbies and interests that make you feel positive. A
supportive network will make it easier to stay confident and optimistic – and
don’t forget that it’s ok to ask for help - Thinking of a totally
new career direction? Talking to a professional career coach can help you gain
clarity and confidence
How to start your
new job search
When you feel more focused and clear in
your mind, the next major step in your bounce-back is to start your new job
search. Here are some tips to approach this successfully…
4. Re-assess your career and future direction
Firstly, create a list of your
professional achievements. What results or qualifications did you get or which
successes were you most proud of? Doing this serves not only as a confidence
boost, but also looks great when it comes to updating your resume (more on that
below).
Think of being laid off as a good
opportunity to re-evaluate your career so far and think about what’s important
to you now. What have you enjoyed about your job? And more importantly, is
there anything you didn’t enjoy and are relieved not to have to do anymore? Do
you want a change of direction? Could you retrain or do you want to go back to
school?
5. Rethink the way you job search
The recruitment market has evolved over
the last several years and you may need to consider how you’ll look for a new
role. Sending a generic resume to various potential employers might feel
positive in that you’re doing something and making an effort, but it probably
won’t serve a purpose. You need to get strategic.
This is crucial in bouncing back from a
layoff – probably more crucial than anything else you can do. A common error is
that people don’t change their resume or cover letter for every role they apply
for. Every employer’s needs are different, and you absolutely have to
demonstrate how you will add value to that specific organization and in that
specific role. It’s also the only way to ensure you’ve got the keywords in your
resume to get past the Applicant Tracking Systems that 90% of recruiters use.
6. Take a critical look at your resume
If you’ve been with the same
organization for a good while or you want a career change, the likelihood is
that your resume will need a complete revamp.
Firstly, take a critical look at the
resume you have now (if you have one), and then make sure it’s completely
up-to-date. Then take a step back before you evaluate it again. It’s also a
good idea to get a former colleague or trusted friend to have a look at it,
too.
7. Update your LinkedIn profile
LinkedIn is a powerful tool in your job
search, and neglecting it can mean missing out on some great opportunities. Not
only can you use it to find new roles, but the vast majority of recruiters use
LinkedIn to find people like you who are looking for work.
That means you need a 100% complete and
keyword-optimized LinkedIn profile, and you need to be active on the platform
daily – it’s a great way to network (more on that in tip #9).
Jobs are also advertised on Facebook
and Twitter, so make sure all your social profiles are up-to-date, active, and
professional.
8. Consider a professional career coach
If you’re unsure about where to go
since your layoff, you might feel the need for some more structured,
formalized, and professional advice.
A career coach can guide you on your
path back into the workforce, helping you with everything from identifying what
you want from your career and how to get it, to creating the perfect resume, preparing for interviews, and maximizing your opportunities for success.
How to plan your
career comeback
So, you’re in the right headspace; you
have a perfect resume, your LinkedIn profile is up-to-date, and you know the
type of role you’re looking for. What’s next?
9. Leverage your network
Face-to-face networking is critical.
Friends, family, former colleagues, professional bodies, and career meetups are
all great ways to hear about open roles. You can also use your network to make
new connections and keep up with your industry.
Talking to people is also great prep
for interviews. Getting out there and networking means you’re practicing
talking about your key selling points and how you add value.
It’s also a good idea to put together
and rehearse positive, professional responses to questions about your recent
layoff.
10. Reach out to a recruiter
Another part of networking is forming relationships with key recruiters in your industry (LinkedIn is a great way to find
and contact them).
Don’t leave it at the introduction
stage, it’s important to keep in touch with recruiters so you’re top of mind
and they think of you first when a new role comes up.
And a final bonus tip…
11. Hold your head high because you will bounce back
Dealing with the emotional
repercussions of getting laid off can be a real challenge. You’ve no doubt put
a lot into your career, and it’s given you a sense of identity and achievement.
But going through a layoff happens to
the best of us, and it can also give you cause to reflect and re-evaluate your
future – after all, getting laid off doesn’t hold the stigma it once did.
Remember, you can get back from a
layoff – and you may even land a better job.
If you need help
standing out in the job market and landing your next role after a layoff,
Hanover’s candidate solutions can help you identify your target roles,
illustrate your “fit”, excel through interview coaching and negotiate your
offer. Find out more.