If you see the signs of looming retrenchments within the organisation, here are some of things you can start doing to prepare yourself.
- Do some market research
Have a look at some jobs on offer that are similar in nature to your own or for those roles that you might want to apply for. What skill and qualifications are required? Is there any particular software that is required? How do you stack up to the requirements?
Now is a good time to start upskilling if need be.
- Salary comparison
Consider the average salary on offer for the roles you would be interested in. Would your expectations be market related?
It is important to understand your own pay slip and salary structure. If you are not 100% sure, make an appointment with your Payroll Division to get a thorough explanation.
- Get your CV market ready
Update your CV and make necessary adjustments as applicable. Check that you have included all the basics and details of your suitability for roles that you are interested in using the information researched above.
- Job portals
These need to be current. Check all the details listed to ensure that your requirements and general data are correct. Remember to add your updated CV.
Is your profile at all star status? Do you need to update your profile picture and work history? Can you improve your headline and summary? Is your updated CV attached?
It is worthwhile connecting to a couple of recruiters that specialise in your area of interest so that when roles become available, you can be notified. Follow them so you see posts.
- Be interview ready
If you have not been in many interviews of late, consider some interview coaching so that you make the most of each interview you may have.
- Get financially ready
This is a good time to start relooking at your budgets, spending habits and insurance or investment portfolios. A qualified Certified Financial Planner can assist with this.
Performability (Pty) Ltd is passionate about giving people the ability to perform and provide training to ensure additional assistance through a retrenchment process. If your business is considering retrenching, contact us to see how we can help your employees. [email protected]
