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Is Redundancy a Risk

Written by: Emma White

Article Overview: Companies often re-evaluate their business structure, downsizing and streamlining to make cost savings. The bi-product of these corporate decisions can often unfortunately be redundancies.

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Is Redundancy a Risk

Companies often re-evaluate their business structure, downsizing and streamlining to make cost savings. The bi-product of these corporate decisions can often unfortunately be redundancies.

A whisper of the word itself can send shockwaves throughout the department and the whole company. People can worry about their future employment status, fear the future, and damage their feelings of commitment to their work.

If you are being made redundant, it can be a shock to the system which can result in low self esteem and lowered confidence. It also raises questions of what to do next.

These feelings are natural as the change is forced and out of your control. However, try considering what opportunities this unexpected change has provided. These are all within your control:
• Have you considered running your own business?
• Maybe you have previously considered changing your job or career?
• Have you wanted to spend time travelling or getting involved in some charity work?

Once you begin to view this as an opportunity, start to research all your options. Consider the pros and cons for each. Think about what you want from your next role and life in general. For example if you want to include more organisation and planning responsibilities in your next role and reduce the amount of sales focus, then consider a position that includes project management tasks or team leader responsibilities. Or maybe you would like to strike a better work life balance, so apply for roles that are either part-time or include flexible working arrangements.

There is much you can do, even if redundancy is not certain. Have a contingency plan in place. Research your options in advance and become familiar with the job market. This will reduce the stress and uncertainty, creating options in advance.

It also helps to know where you stand legally,and what your current employment rights are. Visit Citizens advice bureau or direct gov.
If you want to discuss your options and discover the endless opportunities available to you,

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Home > Work-Life > Emma White > Is Redundancy a Risk
Article Tags: business structure, charity work, citizens advice bureau, contingency plan, corporate decisions, employment rights, employment status, feelings, leader responsibilities, low self esteem, part time, project management tasks, pros and cons, redundancy, running your own business, shock to the system, team leader, unexpected change, whisper, work life balance

About the Author: Emma White
RSS for Emma's articles - Visit Emma's website

Hi, I am a Personal Development and Buisness Health Coach. My aim is to ensure every client is performing at their best. Through challenging questions the client is able to become more self aware of their approach to life and how their beliefs can create obstacles from achieving their desired goals. I then work closely with the client, providing them with tools and techniques that ensure's optimum results. The coaching I provide is tailored to the clients needs and I educate the client so that they feel confident in taking the tools I have provided and use the on an life long basis.

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