Job cuts-be ready to change

An employee was called by the HR department late in the evening and was told that his services were no more required and he need not come to the work from the next day, the reason was slump in the hospitality industry.

Another employee was on bench for a few weeks only to learn that the project that she was to work on was called off. She was given the news that it was time for her to seek other opportunities reason recession.

There are hundreds of employees who were asked to take a year’s unpaid leave or resign from the job with immediate effect-reason was cost cutting.

Many of us are faced with such similar situations today. In such scenarios, an individual has to deal with two aspects-with the fact that he/she has been fired not to forget the emotional, social, financial and family repercussions and the other of starting afresh. The first situation is forced, but in the case of the second, one has to start taking constructive steps.

The preparation for a new job begins with refining your resume and sharpening your skills for an interview. Here are some tips based on the five ‘E’s’: Exit Reason, Experience, Education, Emoluments and Emotions.

Exit Reasons:

The reason why a company asks you to leave may be varied. Find out the real reason for your exit may be the department is closing, no new projects, so people are being laid off or because of non-performance or no value addition from your end. The truth may be ugly but you will have to face it.

(a) Do not feel embarrassed, awkward or depressed while answering that you were one among many who lost their jobs.
(b) Do not lie about your situation. Give the real reasons for your exit because many organizations are laying off people and there are agencies which do the background check on people’s credentials.
(c) Do not bad mouth your previous employer/organization.

Make the most of your experience and bring out your expertise to the potential employers’ table.
(a) Highlight skills that you have like decision making, team skills, innovativeness and so on.
(b) Stress on your career progress to date [in spite of lay-off].
(c) Whenever possible, quantify what you have done.
(d) Show flexibility and adaptability in your thoughts, expressions.
(e) Show your readiness to re-locate.

You don’t need to have a long list of collage degrees, but relevant educational qualifications and skills that will ensure your employability. Make sure that your conceptual skills are clear. Highlight the importance of your degree being relevant to the job that you are seeking. Ensure that you are taking steps to enroll for relevant courses to keep yourself updated.

Times are tough, so the remuneration may not be lucrative. So, you may have to work without incentives or any kind of perks. Be realistic in your demands. You may have to lower your expectations. Do not over-expect or under estimate yourself. Also don’t sound desperate for the job. Maintain your calm and confidence even while negotiating. Think twice before you say ‘no’. Getting a job in a weak economy is not easy, and a job in hand, is an advantage.

While in an interview maintain a calm composure. Display emotional strength and be in control of yourself. Do not push yourself to an extent that you might make mistakes. Keep a positive attitude throughout and let it reflect in your responses.

Some say that the recession is here to stay. Even though it is not fully agreed, its impact has been very dangerous, at least for the time being with many firms out to shrink their workforce.

So if you are among those whose companies are seriously thinking of effecting job cuts-be ready to change. It’s high time we rolled up our sleeves and moved onto a different path. Come out of your comfort zone. Be ready to experiment.

Try Smaller Companies:
It’s surprising that many SMEs (small-and medium-scale enterprises) are still going strong. They may not be big brands, but they have sound financials.

These are companies that have a good work culture. Try to get yourself placed in these organizations, where they will welcome you. Look out for ads in newspapers and job sites.

Youngsters just don’t think Long-Term. In these times of recession, they and indeed all of us need to learn one important lesson: Life is not all about the good times but also the tough times.

So always think in the long-term in your career. Look out for companies who will give you not only the ‘temporarily’ fat salaries, but who will also help to find your talents an expression. Finally, remember that career is not just about money but about finding your true ‘inner’ calling and being happy. Let the recession help you discover yourself.