Redundancy

Being made redundant can be one of the most devastating experiences we ever have to face during our working lives.

But although it may feel like the end of the world, it is worth remembering that you are not on your own. Each year thousands of people are made redundant, and many go on to find more challenging, more rewarding and better paid jobs.

Everyone deals with redundancy in a different way. Being made redundant can provoke a range of emotions at different times, including shock, anger, loss, fear, denial or acceptance.

However you feel at the time, it is important to remember that it is the job which is redundant, not you, so try not to take it personally. Although you've now been thrust into the job market without necessarily wanting to be, try to see it as an opportunity for a new start.

Keeping a positive outlook is vital for your self-esteem. You'll need to exude self-confidence when you start attending interviews, so channelling your thoughts into moving forward is essential.

Companies make people redundant for a variety of reasons. Some of the more common reasons include company mergers or takeovers, lower profits, higher operating costs, changing technologies and markets or new management.

Redundancy can be voluntary or compulsory. These have different implications for the individual concerned.

If you have resigned from your job, you have not been made redundant. However, if you felt pressured into resigning this could be seen as constructive dismissal. Before you take any action with your employer, make sure you get professional advice either from a solicitor or a union representative, where appropriate.

Don't forget, you can make a head start in finding a new job by subscribing to our Jobs by Email search tool.

Compulsory redundancy

Voluntary redundancy

Constructive or unfair dismissal

Compensation and tax

Job hunting guide

Further help and advice

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