There is no denying that losing your job can be very worrying and upsetting, especially if you did not see it coming.

There is no denying that losing your job can be very worrying and upsetting, especially if you did not see it coming. Unfortunately, there are a lot of businesses that are downsizing today, especially as more and more companies are moving online. A lot of people are finding themselves being the victims of such a scenario. No matter what has happened, if you have lost your job, there is no point in dwelling on the whys or what you could have done differently. It is important to be proactive in your search for a new job and in sorting out your finances so that this change does not derail your financial position. With that in mind, read on to discover some of the important steps you should take if you have lost your job.

How are you going to pay the bills?

The first thing you need to do is determine how you are going to pay your bills. After all, they are not going to pay for themselves. Hopefully, you will have one of the following to rely on: a second source of income, size-able savings, or a severance agreement. If you don’t, you need to look for ways to bring some more money in. This could mean selling some of your stuff or you could apply for some freelance jobs online. It is also important to tighten the purse strings. You need to reduce your spending to the bare minimum until you have found another job. You should look at your current incomings and outgoings to determine if there are any areas whereby savings can be made. Do you really need the television subscription you have signed up to? Try calling your utility providers and see if you are eligible for a discount or if you can move to a cheaper tariff. You would be surprised by how much you can gain by making a simple phone call.

Reach out to industry contracts

It is a good idea to reach out to all of your industry contracts. Explain that you are looking for a new job, and ask whether they would be happy to provide references if required. You never know what could come from this – it may be that one of your contacts is looking to fill a vacancy at their business.

Sign up with a recruitment firm that matches your skill set

There are many different ways you can look for new jobs today. All you need to do is a quick search online and you will see lots of general job boards. However, the issue with such websites is that you have to weed through tons and tons of irrelevant job vacancies, and it makes it incredibly difficult to find the right sort of position for you. This is where a specialist recruitment firm shows its worth, such as Portfolio procurement recruitment agency. Let’s say you specialize in procurement. A firm like this will understand the skills you have to offer and they will be able to match you to the best vacancy for you. Not only this, but they will have access to a much better pool of job vacancies, and they will be able to give you specialist advice on how to secure a job because they have knowledge in your specific industry. Targeting your job search like this is the best way to go about it.

Assess your personal brand

Now is the perfect time to look at your personal brand. You may think that this is irrelevant to you depending on the skills you have. However, in today’s digital age, everyone has a personal brand, whether they realize it or not. When you apply for any job, it is highly likely that your potential employer is going to do a quick search of you on social media. You need to make sure that they are going to be happy with what they see. You should also take the time to freshen up your blog if you have one to ensure your content is relevant and will show you as an expert in your field.

Look for ways to make money on the side while you search for a full-time job

You do not need to wait until you have secured another job to start earning money. Nowadays, there are many different ways you can generate income on the side. This includes selling items you no longer want, running errands for seniors, lawn care, handyman and handy-woman services, eldercare, walking dogs, house sitting, and babysitting. Not only this, but if you have skills in areas such as design, writing, and admin, you can easily pick up jobs on a freelance basis. There are plenty of websites available today whereby businesses advertise tasks they need to be completed and freelancers can bid for them. You deliver the work and then you will get paid via PayPal or bank transfer – it is easy as that. It is definitely worth looking for freelance jobs while you apply for another full-time placement.

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Make sure your dismissal has been handled properly

Do you have grounds of compensation? If you have been unfairly dismissed from your job, or the dismissal has not been handled correctly, you could be entitled to a payout. You may want to get in touch with a specialist worker’s compensation firm or lawyer if you have any doubts in your mind. They will be able to determine whether you have the basis for a claim. Don’t pay to find out, though! This advice should be provided free of charge. You could be able to launch a case if you have not been provided with the correct notice, for example, or if you feel that you have been fired because you have been discriminated against.

As you can see, there are a number of different things you need to do is you have lost your job. One thing is for certain; you won’t be bored while you are looking for a new place of work! From ensuring your dismissal was fair to getting in touch with the right recruitment agency, there are many different things you can do to ensure you find a new place of work as quickly as possible while also keeping your finances ticking over in the process.

 

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