When You Lose Your Job


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by Jayaram V

You are successful to the extent you are willing to embrace failure and deal with it. If success assures you a certain position or status in life, failure leads you towards it, provided your determination and motivation are stronger than your fears and anxieties. There is no guarantee that you will always have the same job and you will always be as successful as before. If you are wise, you will be mentally prepared for all eventualities and safeguard your interests when circumstances are not in your favor. 

Losing a job is just one form of adversity to which everyone is vulnerable in the present world economy. Its impact upon your life depends upon various factors such as your age, the number of dependents, marital status, qualifications, previous experience, your relationship with previous employers, reasons for losing the job, your network of friends and how much money you might have saved for the rainy day. If you live in affluent societies you have some protection and guarantees from government welfare programs. However, if you live in poor countries, you are your own security and solution, apart from any prayers and miracles you may wish to happen.

You age and circumstances are important. Nowadays, old people have hard time finding jobs, since companies are inclined to recruiting younger people rather than the old. If you are young and if you have taken up a temporary job to meet your current expenses, it does not matter much if you lose the job. You can find employment elsewhere with effort. However, if you have invested a lot of time and energy in your career and if you lost your job at a crucial time in your life, when you are about to climb the ladder of success, it may leave you with a lot of pain, anger and insecurity

It is always better not to take anything for granted when you are working for a business organization that operates upon profit motive and quarterly earnings. In these difficult times, you should not only plan for your career but also for the contingencies.

The earlier you start saving money for the rainy day, the better. Your savings must be sufficient to cover your expenses for at least a year, which includes any payments you may have to make on the loans you have taken and the credit card debt you have incurred

You should also ensure your credit score is not impaired during this time. Depending upon your situation, find some immediate employment even if it is less rewarding and plan further to recover from the loss.

Here are a few additional options you may explore to cope with situations you may experience upon losing a job, being fired, downsized or forced to leave.

1. Avoid harboring negative feelings towards those who are responsible for your predicament. Even if they were mean people, there is no point in wasting your time and energy on them.

2. Consider all the options available to you to recover from the situation and find gainful employment. Estimate the time you may need to find a new employment and prepare yourself mentally for the waiting.

3. Unless you are confident and you have been planning for a longtime, you should not think of starting your own business. You must be careful when if you choose this option, because managing a small business requires a lot of effort and a different mindset.

4. Network, network and network. Keep contacting people even if they do not give you the same attention they were giving before

5. Reach out to people whom you might have helped in the past and ask for their help

Dealing with Adversity
The following seven strategies are useful in dealing with any adverse or difficult situation, not just the loss of employment.
1. Do not lose hope
2. Focus on solutions, opportunities and possibilities.
3. Believe in yourself.
4. Ask for help.
5. Focus upon your strengths.
6. Cut your losses.
7. Build relationships.

6. Be willing to relocate. In adverse situations you must be willing to make difficult choices

7. Exercise regularly so that you may not gain weight or feel depressed

8. Find inexpensive ways to improve your skills and job knowledge

9. Maintain a positive mental attitude even if the situation is challenging

10. Have a few personal and professional goals and work for them

11. Go on a small trip to clear your mind

12. Keep yourself busy until you return to work

13. Dispute your irrational self-talk if you are prone to negative self-criticism.

Suggestions for Further Reading

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