Can redundancy be the catalyst for a new beginning? In such unpredictable economic conditions, the word ‘redundancy’ is often heard in an informal chat or a news bulletin. Various reports on job cuts, business downsizing, and closures have become a common feature, and most of us have directly felt or know someone who has been made a victim of these events.
Redundancy or being made involuntarily jobless is perceived as one of the most traumatic life events, the aftermath of which is on a par with major life events like death, divorce, moving house, or serious illness. Indeed, studies of British employees have reported redundancy to be more stressful than experiences such as divorce or moving homes.
What are psychological consequences of being made redundant?
The immediate aftermath of redundancy can be paralysing. Chronic stress resulting from the disquiet of the future can affect both mental and physical health.
The abrupt loss of steady income, financial strain, is brought to centre stage. The struggle to meet the needs of daily life can become an all-consuming concern.
Employment is more than a job; it is a part of our identity. Redundancy can be enough of a loss to rock the very foundation of self-esteem.
The workplace is a community, and being made redundant can sever these social ties, leading to isolation and loneliness.
Emotional turmoil following redundancy can mirror the stages of grief from denial to depression as one mourns the loss of their job.
The structure that work provides is often taken for granted. Redundancy can leave a person adrift, searching for a new daily rhythm.
How can you tackle the negative consequences of being made redundant? The power of personalised career coaching.
Redundancy can be a challenging time, but it also presents a unique opportunity to reassess and redefine your career path. Finding a helping hand through personalised career coaching can be a wise decision, as a dedicated career coach can provide the guidance and support you need to navigate this new chapter with confidence and optimism.
Career coaches help people to become resilient and to come out of it equipped—better able to navigate the job market.
Personalised coaching enables one to rediscover his or her professional purpose and to align career-oriented goals with personal passion and strength.
Coaches can open up many doors for potential networking by connecting to employers and other professionals.
Further, career coaches go beyond practical advice to provide emotional support by helping you to cope with the psychological effects of job loss.
Are you ready to start your new career journey? Contact us today to find out how we can help you.
