What are the most effective crucial steps to take after being laid off? Aside from job searching?

Question

I have been working at a company for four years and I will be getting laid off this summer. My whole department is closing. Of course I don't want to leave without having another job first. And I don't want to lose health insurance. I'm also hesitant to leave right now because I've grown close with my coworkers and it'll make their job harder if I leave now. Any advice? I sincerely appreciate any advice you have to offer.

Answer 1

First and foremost, you are your number one priority. No company expects the whole department to stay until *they* say go, and your coworkers will most likely wish they had new jobs already as well.

By federal law, your company will offer you the option of continuing your health insurance under a COBRA plan. For more information, see the Department of Labor's website on COBRA:

http://www.dol.gov/dol/topic/health-plans/cobra.htm

It may cost you a pretty penny, but you do have that as an option.

Being laid off usually means you won't get denied unemployment, should the need arise. If you get laid off before you get another position, contact your unemployment office before the end of the week, or if your last working day is a Friday, contact unemployment before the end of the next week. Some states have online services, so you should look into that if necessary. Just know that unemployment is NOT retroactive to when you lost your job. The date you apply for benefits is what counts.

If you are lucky enough to get another position before you get laid off, just make sure your new employer is aware that you won't be able to start until after you complete your obligation to your current employer. It's nice to know that the person you hire won't be the sort who'd leave you in the lurch if something better came along.

Whether or not you tell your coworkers or bosses that you're looking for another job is up to you. I'd like to think that the people I work I with wouldn't hold it against me since they're all going to have to look themselves in the very near future, but only I know how they'll actually react. (They'd encourage me, lol)

Answer 2

Well, if you are getting laid off... then you will be collecting unemployment. I know it is hardly a full paycheck but it is something. You must first make sure you have enough money to go a few months without a job and able to pay your bills. Even if it doesn't take you that long, it's a good idea to have the safety net there anyway. Health insurance wise... as long as you are in good health you shouldn't worry as long as you are confident in obtaining another job with health benefits. You shouldn't leave the job before you need to, unless you absolutely hate it. Otherwise you don't get unemployment, and like I said... it's not much but every bit helps.

Answer 3

If you wait , the job market will be flooded and your chances of getting a job will be worse.
Start putting out applications now. You can always maintain contact with coworkers after changing jobs.
Start now so you have a better choice of jobs.
If possible, take a several week vacation between the jobs to clear your head , get some R & R and be ready for the new employment.

Answer 4

Cultivate all your personal and professional contacts as much as you can. Be open with everyone you know about your job's future and don't be shy about outright asking if they know of any positions open in their own companies. And if you do find another job before your current one ends, please don't be too loyal to your coworkers. It's great that they're your friends, but you need to look out for yourself in the long run. I guarantee they'd do the same. Besides, as the summer approaches and your department heads toward closing, there may very well be less and less work for you and your coworkers to do, so your absence may not be major.

Answer 5

After being laid off :

1. Try to cut off un wanted expenses.
2. Talk with your spouse/partner/parent about the current situation.
3. Relax a bit and recharge yourself.
4. Postpone capital/heavy expenditure till you get other job.
5. Spend time with your family and help others.

You are experienced in your field and you will get another job soon. All the best.

Answer 6

Don't worry about leaving you coworkers worry about getting a new job. Get one ASAP and move on. Unemployment compensation checks are not the answer because you have to be actually unemployed to get them, then they make you try to get a job too. Best to be proactive and get a job while you still have one and tell the new employer truthfully why you are changing jobs. Start tomorrow.

Answer 7

Fired is termination using an workers incompetence, negligence, or misconduct. Laid off is termination using a business enterprise determination to lessen exertions expenses, or to get rid of particular positions using a metamorphosis interior the business enterprise's area or direction. If an worker is formally "fired," then the worker isn't entitled to acquire unemployment reward or extension of well-being reward. this might clarify why your husband's company had to "hearth" him. yet another concept is that your husband deserved to be fired because of the fact of misconduct, yet your husband does no longer opt to bare the reason to you, and the business enterprise, for confidentiality motives, does no longer opt to enable you comprehend particularly why your husband became fired.