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  4.  » Some tips on what to do after you lose a job pt. 2

Some tips on what to do after you lose a job pt. 2

| Mar 4, 2016 | Wrongful Termination |

Jobs serve as outside validation of self-worth. You are valued by your salary, wage, tips and bonuses. So, understandably, people tend to entwine their identities with their jobs. This is good because it motivates people to work harder but it is also bad because if you lose your job, it can be really traumatic. But you don’t have time to mourn or find your inner worth; you have to take control because unemployment does not have to consume your life.

Consider taking a part-time job. Income from part-time work does not invalidate unemployment compensation though it could reduce it. This is a stopgap measure to pay the bills while you look for a new job.

You will need to take a few hours to review and update your resume. Research how your resume should be structured in your industry, and remember to keep it truthful and accurate. This document is the one-stop glance to assess whether or not you are hire-able. Generating multiple versions to emphasize specific skills is a good approach.

Take a hard look at your personal finances. Begin by eliminating unnecessary bills and expenses, like television or housecleaning. Taking control of your budget early and fast can make huge differences months down the road if you struggle to find another job. Contact your creditors and inform them that you are unemployed and need temporary relief while you are looking for a new job. If you negotiate with them, many creditors will suspend or reduce your payments while you look for work. This is often cheaper for creditors than risking a default.

Everyone understands how traumatizing losing a job can be, especially if it comes out of nowhere. But, you have to gather yourself up and get going because there are things to take care of. If you believe that your employer violated your rights, then you may have a legitimate claim, and you may want to consult with an attorney.

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