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What To Do If You’re Concerned About Losing Your Job

There have been so many different things to worry about during the course of the pandemic. We worried about whether our masks were going to be protection enough when we went to the supermarket. We worried about whether we were going to be able to juggle home-schooling our kids while we were working from home. We worried about keeping everyone safe while making sure that our parents and other relatives were staying healthy. It’s been more than a year of incredible stress, but one of the most worrying things that many of us have had to deal with is our job security.  The chances are good that you have been put on furlough at some point during the pandemic.  You may have already been made redundant once already in the last fifteen months. Even if you have worked solidly through COVID-19, the state of the UK business market and the unemployment numbers (which are finally shrinking) will not have escaped your attention. If you are worried about losing your job, it may feel like you have absolutely no control over the situation. However, there are steps that you can take to make sure that you are in the best possible position should the worst happen. Here are a few tips to help you get started.

Get Your CV In Shape 

When we are comfortable in our jobs, we don’t spend too much time thinking about our CVs. We file them away and focus on what’s in front of us. If you are starting worry about your job security, then it is time to start updating your resume. It’s not just about putting your latest position at the top of the list. Think about what skills you have developed during your time there. Which might be transferable to a different position? Were there any duties that you performed beyond your job description?

Start Looking Around For What’s Out There

A lot of us leave job hunting until the moment where there is absolutely no other choice. Other people make a habit of keeping one eye on the market just in case they find something they like better. If you are concerned about losing your job, then it makes sense to start having a look sooner rather than later to give yourself a better idea of what kind of jobs you could be looking at if it comes to it. You might find that there’s more choice out there than you anticipated. Alternatively, if there’s not much in your area, it will help to know ahead of time so you can start thinking about where else you could apply.

Take Out Income Protection Insurance

As we mentioned earlier, we have all found ourselves worrying about our jobs over the last year or so and many of us have gone through the unpleasant experience of being made redundant. Given the unpredictable nature of the job market, the worries about how we are going to be able to support ourselves and our families are very real. That is why Income Protection Insurance is very sensible idea. Your other expenses aren’t going to stop and having some of your income protected will make a huge difference. Income Protection Insurance can cover more than two thirds of your gross annual salary, and it will also cover you if you have to leave your employment due to injury or illness. You can learn more about policies and benefits at drewberryinsurance.co.uk. Drewberry Insurance has a 4.92 rating on reviews.co.uk and their   experts can help you make an informed decision.

Talk To Your Friends And Family

Worrying about losing your job can be incredibly isolating. It can be even more so if you are the main provider for your family. In these kinds of situations, it can be tempting to bottle it all up and pretend that everything is fine. But that won’t help. You need to tell your partner if you are worried that your job situation may change so that you can work on a contingency plan together, and so they can cut down on their spending. Talking to your friends and family about the situation will also help to show you that you do have a support system and that losing your job is not the end of the world. They will also be able to remind you that you are far from the only one who has gone through this. But it’s not all about support. Talking about this will help you to create a plan going forward and to identify any areas that you could explore. If you know people who have recently been through this process, talk to them about how they coped and which tools and resources they used to find new employment. If you have friends working in your sector, or sectors that you might be interested in exploring, talk to them about the kind of roles that are being made available right now and the kind of work you would need to do to be a good candidate.

About admin

I am not Martin Lewis but Martyna aka Money Saving Girl. When I first came to the UK I was on a super tight budget, so I know how hard it is not to have money or how to get creative to get 'more for less'. I share with you my money saving tips about anything which worked for me. Be it free samples, shopping tricks, iTunes, various discount apps, websites and reward programs. Occasionally I write about traveling or insurance.

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