• Home
  • Courses by Subject
      • Accounting
      • Bookkeeping
      • Finance
      • MYOB
      • Xero
      • Animal Care
      • Animal Science
      • Dog Training
      • Horse Breeding & Equine Studies
      • Veterinary
      • Arts
      • Fashion Design
      • Graphic Design
      • Interior Design
      • Photography
      • Web Design
      • Building & Construction
      • Real Estate
      • Business
      • Business Administration
      • Change Management
      • Human Resources
      • Logistics
      • Management
      • PMBOK
      • PRINCE2®
      • Project Management
      • Quality Management
      • Small Business
      • Aged Care
      • Community Services
      • Disability
      • Youth Work
      • Child Care
      • Education
      • Language
      • Agriculture
      • Conservation & Land Management
      • Horticulture
      • Science
      • Beauty & Hairdressing
      • Eyebrow Specialist
      • Makeup
      • Nail Technology
      • Allied Health
      • Counselling
      • Dental Assisting
      • Health
      • Herbal Medicines
      • Life Coaching
      • Massage
      • Mental Health
      • Natural Therapies
      • Nursing
      • Nutrition
      • Nutritional Medicine
      • Pharmacy
      • Psychology
      • Celebrancy
      • Culinary Arts
      • Event Management
      • Hospitality
      • Tourism
      • Travel
      • Cloud Computing
      • Coding
      • Cyber Security
      • IT
      • Microsoft
      • Networking
      • Programming
      • Software
      • Web Development
      • Criminal Justice & Psychology
      • Legal
      • Security
      • Work Health & Safety
      • Digital Marketing
      • Journalism
      • Marketing
      • Sales
      • Social Media Marketing
    • Blended
    • In-class
    • Online
    • Virtual
    • Short
    • Certificate
    • Certificate I
    • Certificate II
    • Certificate III
    • Certificate IV
    • Diploma
    • Undergraduate Certificate
    • Graduate Certificate
  • Education Providers
  • Contact us
  • Blog
  • About us
  • Affiliates
 

12 Aug 2018

Why Being Made Redundant Isn’t All That Bad


Avatar photo Candlefox


Being made redundant isn’t all bad news. A lot of people want to avoid it at all costs, and when it does happen, it might feel like your life has just stopped in its tracks.

Where do you go? What do you do? Why did this happen? First off, let’s make it clear that redundancy is a very regular occurrence, and that it doesn’t mean you’re a ‘bad’ employee.

It only means that the job you were doing doesn’t need to be done any more for a multitude of reasons.

Think about it – would you want to continue working for an employer who doesn’t really need you?

Wouldn’t you want to work somewhere where you’re appreciated?

As you can probably tell already, there are benefits to being made redundant, more than you might initially think.

Let’s go over some now.

Redundancy Pay — What Are My Entitlements When Made Redundant?


This is often the first thing people’s minds go to, obviously. When you’re made redundant, it’s best to consult with your boss to go over your employment contract and see what your redundancy pay entitlements are like.

The amount of money you get depends on the industry you’re in, and how long you’ve been working for the company, but it can get pretty high up there, so much so where I’ve heard people have gone on a holiday using their payout.

Of course, there are plenty more things you could do with the money, and you might be very excited to spend it all. But remember that you don’t know when you’ll get your next job, so you might want to use your new finances sparingly until you get another one.

What To Do After Being Made Redundant


  • Upskilling

Okay, let’s say the money isn’t grabbing you. Well, I’m sure there’s one thing you do want, and that’s time. Now that you’re out of a job, you’ve got plenty of that, right? But wasting all of that time away is pointless; you might as well do something that’ll go towards something you find valuable. Upskilling is one such decision you can make, which is where you develop your established skill set and/or learn more about the industry you’re interested in.

There are plenty of post-redundancy opportunities that you can take onboard, from completing an online course to an internship. By doing this and obtaining the certificates to prove your newly found knowledge to your potential employers, it shows your initiative and therefore, increase your chances of finding a new job. Perhaps even your dream job.


  • Career Transition

Finding a new job may seem daunting, especially if you’ve worked at your old one for a while. It doesn’t have to be as scary as you think. Take some time to think of all the possibilities. Do you still want to work in the same industry or somewhere different? How about starting your own business, or going part time?

That’s the beauty of the redundancy. Not only do you get some money in the form of compensation, but you also get the opportunity to take a different path career wise if you really want to. If you’re unsure about what you should do, then consider getting some expert career advice. This can include making plans based on your current skills and weighing up the pros and cons of each option you have in mind.


  • Maintaining a Positive Attitude Throughout

I’m sure you want clear-cut answers on how to find a job right away, as you probably have that lurking sense of doom that you’ll never find another one ever again. I’ll admit, it is hard to keep on being optimistic during a job search, especially with multiple job application rejections.

Keep in mind though that it isn’t all about work. It may very well seem like it since you’re now out of it, but be aware that there are other aspects of your life you need to take care of. This is also a time to catch up on your social life, as well as taking a rest from the constant lookout for new jobs.

It’s all about keeping a balance: work on your resume, apply for jobs, keep a plan of action in mind, but also take out time for yourself. One of the best ways to maintain a positive attitude is to maintain your overall happiness, after all.

So, as you can see, the redundancy process is a shining example of how you can turn a seemingly terrible situation into a positive one. Even if it doesn’t work out for you, this will remain an experience that you can learn from and develop.

The fact that it’s difficult to overcome makes it worthwhile in the end.


Browse All Courses

Enjoy this article?

Subscribe now to receive articles like these straight to your inbox
Avatar photo
Candlefox

Related Articles

27 Aug 2018

5 Ways to Choose the Best References When Dealing With a Potential Employer (New Guide)

Here are five steps to making sure that you’ve chosen the ri...

Avatar photo
Candlefox
25 Feb 2019

Time Management At Work: Using the Eisenhower Principle to Manage Pressure

In the workplace there are constant sources of pressures com...

Avatar photo
Candlefox
24 Apr 2023

Five Careers You Can Explore With Business Administration Courses

21 Apr 2023 Interested in business administration courses bu...

Avatar photo
Kristen Michaelides

Subscribe to Our Newsletter

Get expert advice, insights, and explainers on tricky topics — designed to help you navigate your learning journey with confidence.

By submitting this enquiry I accept the "Privacy & Policy" and "Terms of Use"
  • Popular Subjects
  • Popular Blogs
  • Accounting
  • Animal Care
  • Agriculture
  • Beauty & Hairdressing
  • Bookkeeping
  • Counselling
  • Event Management
  • Eyelash Extension
  • Mental Health
  • MYOB
  • Nutrition
  • Project Management
  • Veterinary
  • Xero
  • View More
  • How To Become a Medical Receptionist: Everything You Need to Know
  • Becoming a Veterinary Assistant - Everything you Need to Know
  • Best Self-Employed Jobs in Australia
  • Best Short-Term Courses to Get You a Job in Australia 2023
  • Future-Proof Jobs & Industries in Australia: Best Jobs for the Future
  • How to Become a Bookkeeper in Australia
  • How to Become an Actuary
  • How to Become an Engagement Manager
  • How to Become a Zookeeper: Work with Wildlife Every Day
  • How to Become a Park Ranger: Make Your Office the Great Outdoors
  • Unusual Jobs That you Wouldn’t Know Pay More than 100K
  • How to Become a Wedding Planner in 5 Steps
  • View More

Newsletter sign up

We'll email you updates on job trends, career advice, study tips, news and more.
Courses
  • All subjects
Education Providers
  • Our providers
Resources
  • Our blog
About Us
  • About shortcourses.com.au
Contact us
  • Contact
  • Advertise your course
  • Become an affiliate
Privacy Policy Terms of Use
Short Courses Facebook Short Courses Instagram Short Courses Tiktok
Australian Aboriginal flag Torres Strait Islander flag
In the spirit of reconciliation, shortcourses.com.au acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their Elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.
Copyright © 2023 Shortcourses.com.au
All Rights Reserved.

Newsletter Sign Up

We’ll email you updates on job trends, career advice, study tips, news and more.

By downloading this template I accept the "Privacy Policy" and "Terms of Use"
Back to Top