Only three years ago, the COVID-19 pandemic led to unprecedented levels of redundancies worldwide, leaving many individuals struggling with the financial and emotional implications of job loss.
Fast forward to 2023, and the UK is now facing another set of challenges. While the WHO recently downgraded the pandemic from the highest alert level, the UK is currently grappling with a significant inflation and cost of living crisis, in addition to the lingering effects of the health crisis. Almost like a deja vu, the government is now reporting a record high number of UK employers exploring potential redundancies since mid-pandemic levels, driven by a combination of soaring overheads, labour shortages, and sluggish economic growth.
As recruitment experts, we are aware of the hardships that redundancies bring. We have assisted numerous job seekers navigate through career transitions during challenging times. In this article we will aim to offer our best advice on how to cope with a redundancy.
Redundancies can occur in various forms, each with its own distinct characteristics and implications. The three main types of redundancies commonly observed are:
Redundancies – especially when involuntary – can have a significant impact on individuals’ mental well-being, leading to heightened stress, anxiety, and feelings of loss. The sudden disruption to routine and uncertainty about prospects can contribute to emotional and financial challenges. But there are several strategies you can use to navigate this career transition.
It is completely natural to experience a range of emotions such as shock, anger, sadness, or even a momentary loss of self-worth. Taking the time to recognise and validate these emotions will help you gain a better understanding of your situation, and progressively pave your way for growth. Don’t hesitate to seek support from professional resources such as the Citizens Advice Bureau, Jobcentre Plus or a local recruitment agency like Sitka.
Building and reaching out to a professional support network is crucial during times of redundancy. Firstly, it can provide you with peer support and can help alleviate feelings of isolation. Secondly, a professional support network can open doors to valuable resources and opportunities.
Don’t shy away from polishing up your LinkedIn profile and engaging with people’s content! Networking with fellow industry professionals and mentors can provide you with invaluable insights into the job market and potential opportunities. Beyond generic job posts, this can open you to referrals, introductions, and hidden job opportunities you wouldn’t find otherwise. As usual, make sure to stay in touch with a trusted recruitment agency that values candidate experience, as they will be able to help you make informed decisions and take proactive steps toward your career goals.
Be sure to check out the ReAct Plus scheme in Wales if you are eligible, as they can provide financial support, skills training and personal development support.
There are many practical ways you can make the most out of the “in between jobs” time:
If you are facing a redundancy, remember that you are not defined by your job or the circumstances surrounding it. This is an opportunity for growth and reinvention: do your best to embrace the process and tap into your support networks to navigate this transition! Also be sure to talk to your family and friends about how you are feeling – they want to help.
Finally, if you work in HR, marketing or finance make sure to reach out to a local agency like Sitka: with 20 years of experience in recruitment under our belt, we can provide access to job opportunities, support with CV writing and interview skills, and give you valuable insights into the job market.
Take the first step by calling us at 029 2048 4520 or emailing us at firstname.lastname@example.org.
Mental Health Support Sources in the UK:
Here’s a list of Financial Support Advice in Wales. It’s important to note that availability and specific services may vary, so individuals are advised to research and reach out to relevant organisations based on their specific needs and circumstances.
The recruitment process was very straight forward and communication and updates were very regular. Sitka staff are very professional and have an excellent customer focus. They were extremely focussed on what WCR needed and gave us a great calibre of candidates. Sitka will be my first point of call when I’m next recruiting.
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In a difficult market, Sitka were able to introduce us to several candidates who were suitable for our vacancies. Karen was so passionate about making sure both Drive and their prospective candidates got a great service and I knew she’d do an excellent job when future roles came up.
My experience with Sitka Recruitment was really positive. The team made me feel really valued and took the time to get to know me and career aspirations. I never once felt pressured, just well supported, listened to and understood. I would definitely recommend Sitka to my friends and colleagues.
Once again thank you for your time and ongoing support. Fantastic service and you made the experience so positive. You’re all clearly passionate about what you do and care about you candidates.
Sitka wanted to know about the organisation, our culture, our plans and aspirations. This meant they could be really confident talking about us and I’d like to think they were proud to be working on our behalf.
My recruitment experience with Sitka has been brilliant. I was dealing with Karen who is so friendly and attentive. She really listened to what it was I was looking for and put me forward for a role I am now in and love.
I felt like they truly cared and weren’t just trying to fill vacancies as quick as possible. Other agencies kept suggesting roles I had already said I wasn’t interested in. This wasn’t the case here, and they really wanted to find the right person.