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Restructure, possible redundancy. How would you use time left in job.

14 replies

TinyTroubleMaker · 18/01/2022 20:26

Just this really. I'm aware the organisation in working in is actively planning a large restructure and probably staff cuts. I might be made redundant, could take 6 months, could be sooner. My skill set is highly transferable but other life circumstances are challenging. WWYD with time left in current role and this time period, to plan for this beyond updating cv and looking at potential jobs online. So far I'm thinking:

  1. Keep a copy / examples of work done, examples of leading, success etc
  2. Keep a copy of relevant templates, nothing sensitive but in my line of work ways of doing things that could be useful elsewhere too
  3. Take all free training and widely as possible, for example linkedin learning available through current company has lots on different career topics
  4. Cut personal spending back, adopt a no spend approach to save a backup fund
  5. Get healthy - drink water, limit sugar, walk, as looking and feeling your best helps in interviewing and makes it feel like I'm taking control of what I can in this period

Anything else you would do?

OP posts:
ToffeeForEveryone · 18/01/2022 20:28

Network.

mintbiscuit · 18/01/2022 20:35

Be careful about taking any work done, templates etc. it’s the company’s IP and considered gross misconduct doing this with most employers. My advice would be NOT to do this.

CV/career coaching sometimes comes as support package. I’ve had this in the past and it was really helpful and insightful.

Network! Linked in profile update now to get a head start. Chat with recruiters too

Good luck - redundancies can be a great opportunity to fine tune your career (and get a ££ bonus if you execute well!!)

TinyTroubleMaker · 19/01/2022 06:02

Thank you. One more thought - interview coaching. I haven't interviewed anywhere in years. Any recommendations for finding an I interview coach, how to make sure they are a good one?

OP posts:
Wotsitsits · 19/01/2022 06:08

What's stopping you applying for jobs?

You can see if your CV gets you interviews

You can try an interview and from there find out what you want to get coached on

Giggorata · 19/01/2022 06:14

Deleting and clearing.

LemonDrizzles · 19/01/2022 06:35

Keep copies of appraisals(as these often provide a summary of work done and best efforts)

You can print templates, work done that is not sensitive. Sometimes just the table of contents is needed

Apologies if I offend but practise make up for interviews if that is your thing....

All the best

ivykaty44 · 19/01/2022 06:42

Practicing smart interview questions
Writing down all examples for answers to smart interview questions etc

dunroamingfornow · 19/01/2022 06:48

It's well worth updating your Linked in profile and paying £100 or so to a professional CV writer. I did this recently and they vastly improved the way I was able to outline transferable skills. If you are due a redundancy payment I would try and time my exit so I could still receive that payment so job search but don't hand in your notice if you can avoid it.

Umbongoumbongo999 · 19/01/2022 06:56

Yes to applying for jobs. That way you will have choices and it wont be your current company holding all the cards.

In a restructure would you want to stay with the company. Is it worth considering what the core areas of your business are and trying to expand your portfolio or get involved in unfamiliar bits of the business to give you a fighting chance at being successful for any ring fenced posts. In my experience the ring fenced posts in a new structure almost always have someones name on them and it is rare there is true competition for these.

If you are in a redeployment/redundancy situation you may be entitled to support to help you get a new job, possibly CV coaching, interview training and time off to attend interviews.

KatherineJaneway · 22/01/2022 06:29

Investigate the jobs market for the role/s you are looking for.

2KidsNoTime · 24/03/2022 13:51

OP I'm in a very similar situation - massive restructure at work and likely lots of redundancies (despite the company being very profitable..go figure!). I'm at risk, but won't know for sure if I'm redundant for a few months yet.

Have you heard anything more from your work on the redundancy situation?

I've applied for some alternative roles and actually interviewed for one. Ideally I'd stay at my current work but its all so uncertain, and I feel more positive knowing other companies value my experience and that maybe it wouldn't be as hard as I thought to find another job should I indeed be made redundant. God knows what I'd do if I actually got offered a role though... it might mean saying goodbye to a potential redundancy payment that isn't an insignificant amount of money!

arrrghhh

ChessieFL · 25/03/2022 07:55

Make sure you download or otherwise have a record of personal info e.g. payslips, pension info, contracts etc. that you might lose access to after leaving.

purpledagger · 25/03/2022 07:55

I did similar when I was being made redundant (I had a long lead in time, so had lots of time to prepare).

I kept a log of all of the things I had done in my job so that I could use them in interviews. I went through my files, emails etc as I had forgotten about lots of things I had done over the years.

Update your LinkedIn profile so you are more visible.

Keep an eye out on the job market so that you can see what is out there and what skills gaps you may have.

Reconnect with colleagues in your current place. Talk to them about their job and shadow them of you have any skills gaps you need to fill.

There are lots of TED talks etc on relevant topics like effective communication skills, team working etc, to help with your interview prep.

Try and get involved in any extra projects etc at work that you can as it can develop skills to your CV eg staff forums, diversity groups, sustainability. They often give you access to snr management and you get involved in strategic projects.

Octomore · 25/03/2022 07:58

All your other ideas are excellet, but I agree with the PP who said this:

Be careful about taking any work done, templates etc. it’s the company’s IP and considered gross misconduct doing this with most employers. My advice would be NOT to do this.

Eymployers would take a very dim view of you taking any templates or processes, even if you think they're not sensitive.

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