HRM Coaching Blog

London Career Coach Hannah McNamara offers some tips if you are facing redundancy.

The British economy isn’t exactly at its strongest level at the moment, which is why so many workers are starting to worry about the prospect of a recession and what that would mean for their job security. Redundancy is something that many people will sadly have to go through in their lives, but with the appropriate career planning you can come through the experience with a better regard for your career and your skills.

If you are facing redundancy this is the best time to make use of every piece of quality career advice you can. Career coaching can make all the difference at a time when your emotions are likely to be running high; you may have been in your job for many years and if this is the case you would be forgiven for feeling as if there is no future for you in the current job market.

But many people end up looking back and realising that their redundancy was a good thing in the long run. That’s not to say that it wasn’t stressful or upsetting at the time, but there is no doubt that if you get the right help and support when you need it you will be able to face your future with more knowledge and confidence.

It’s also a good time to think about whether you want to stay in the same career and progress to a different company, or if you would prefer to opt for a complete career change. Many people find career coaching can help them to assess the possibilities and make an informed decision on whether their current skills could be put to better use elsewhere.

If you do decide to opt for a career change you may find you need to obtain some fresh qualifications or training that will give you a better chance of getting the job you want. Proper career planning can also identify other possibilities such as self employment – perhaps even using the years of experience you have already gained in the job you are about to leave. Many people use some of their redundancy money to set up a business which enables them to be true to themselves as well as bring in an income which comes from creating something that is truly theirs.

Whatever you decide to do, it is vital that you get the help and advice you need as soon as you know that redundancy is on the cards. If you can do this you will be able to move forwards with much more confidence.

The website of the Chartered Institute of Personnel and Development publishes a quarterly review of the labour market, which gives details of the outlook for redundancy among other factors, and it can be accessed at their website at http://www.cipd.co.uk.

© Copyright Hannah McNamara 2008

Hannah McNamara is a Career Coach with a background in Marketing, based in London. She has been providing Career Coaching in London for almost 4 years and has a client base made up of private individuals, large organisations and SME businesses.

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