Got Laid Off? 14 Steps To Survive A Job Loss

by Silicon Valley Blogger on 2012-02-01 34

If you just got laid off, you may be asking: what’s next? Here’s what to do if you lose your job unexpectedly.

There was a time when job losses were across the board and piling up weekly. Things may not seem as bad today, but I’ve got a friend who recently called me with the news that she’s been jobless for 2 months now, and as a breadwinner, she’s somewhat concerned. In her words “this is the first time I’ve ever been without a job.” Unless it’s happened to you, it’s hard to explain the anxiety one feels upon getting laid off. But it’s not time to panic just yet, if you’re able to channel that anxiety towards doing things that are more productive.

Survive A Job Layoff: 14 Things To Do When You Lose Your Job

1. Negotiate for that severance package!

Even if your company doesn’t necessarily offer severance, you may be able to negotiate a parting package with them especially if you’re one of their valuable employees

with a long track record. You think it can’t be done? In my case, even with my former startup in the dumps, I was able to receive a bigger package than 99% of employees. You know how? I was 3 months pregnant. Apparently, there are laws protecting employees when certain special conditions are met. The lesson here is that anything is possible, and you’ll only know if you qualify if you rattle the cage a little bit. What have you got to lose?

2. Figure in your unemployment benefits.

Most people have unemployment benefits they can count on for only a short bit of time after they’ve lost their jobs. When a recession is particularly long and nasty, those benefits are usually extended for longer periods of time. It may tide you over for a bit, but don’t let this lull you into complacency about finding your next job.

3. Polish your resume.

Keep these few tips in mind when you update that killer resume: