How to Be Prepared for Job Layoffs

Job layoffs are a touchy issue with many employees. The thought of losing your job through no fault of your own can be a scary proposition. Layoffs could literally come at any time depending on the success of your company. Instead of simply sitting around and waiting for a memo to tell you that you have been laid off, there are some things that you can do in the meantime. Here are a few tips to keep in mind when preparing for job layoffs.

Update Resume

Your resume is one of the most important tools that you have when trying to find a new job. Instead of waiting until you are laid off to devote time to your resume, you might as well work on it now. If you have your resume saved on your computer, you can pull it up and simply revise it to include your current work history. If you do not have a copy of your resume, you need to start from scratch. Include extra skills that you may have learned during your current job. These skills could potentially translate well to another type of employment in the future.

Networking

One of the most important things that you can do to prepare for a job layoff is network. While you are still in your current occupation, you need to talk to as many people as possible. Develop relationships with other people in your field even if they are not in the same company as you. You might consider joining an association or group in your industry. By getting to know some people now while you are still employed, you will not seem desperate for a job when you continue to go to events after you are unemployed. In fact, if you develop relationships now, your contacts will most likely try to help you find employment once you need it.

Professional Development

One of the best things that you can do to prepare for a layoff is to develop yourself. Try to hone your skills and become an expert in your field. If you can go back to school and take additional classes at night, this would be to your advantage. You might even consider getting a master's or a doctorate degree to enhance your knowledge, credibility and reputation. If you have the time, it could be a very worthy investment depending on what industry you work in.

Career Changes

If you have been contemplating a career change, a job layoff could bring the ideal time to implement it. At this time, you need to consider what it would take to get into another type of career. If you have to take additional college courses or attend a certain seminar, you may want to consider getting this out of the way now. This way, you can easily transition into your career change with minimal problems in the future.