How to Bounce Back after a Layoff

By Thomas Scott

Whether you saw it coming or were completely blindsided, losing your job can rock your entire world. Not only does your self-esteem take a hit, but this change also affects your bank account and future career goals. Aside from hopping on the internet to frantically search for jobs, you may be asking yourself: What else can I be doing to get back on track? Getting laid off doesn't have to be a traumatic experience. It happens to the best of us, and it can actually be a great time to take a deep breath, de-stress, create a fresh start, and maybe even find a whole new calling.

Here are some great tips for getting organized, staying calm, landing a new job or even beginning a brand new adventure. 

1. Breathe

Immediately after getting the news, you will probably feel overwhelmed, vulnerable, and upset. Rather than sulking at home, practice some self-care. Call up a friend for dinner, get a relaxing massage, take a hike in nature, see your therapist, get a new haircut, and simply unwind. Getting back to a superior mental state is crucial for bouncing back after losing your job.

It's important that you fully absorb and take in all the emotions you're feeling about the lay off so that you can process them and take the beneficial steps to move on. Often, losing your job can feel like a "rejection," so it's important to take a hiatus and decompress. Your mind, body, and spirit will thank you later.

2. Assess Your Finances

Unfortunately, money issues can cause stress and anxiety — things you don't want to be dealing with as your search for your new job. Take a day to review your finances, bills, expenses, budgets, and unemployment benefits. Calculate how long you have to look for a new job. Also, take a look at how you've been spending your money and ways you can potentially cut back.

Everyone who is financially reliant on you should be informed about what has happened and changes to your and/or their lifestyle. Getting a solid understanding of your financial situation will leave you feeling more confident and prepared for the weeks or months to come. 

3. Give Your Resume a Makeover

Regardless of if you're applying to a similar position or making a huge career change, every new job requires a resume. Take some quality time to update your resume. Think about the skills and experiences you've learned in your last job. If possible, include data and numbers to show off your accomplishments even further. Resume builders or professional resume writers can help you get your resume in tip-top shape for potential employers. 

Cover letters are also powerful tools and can make or break you when deciding between two candidates. It's also a great spot to explain why you were laid off and to further paint a picture of who you are as a person. Prove your worth with an excellent updated resume and cover letter.

4. Network, Network, Network

Did you know that up to 85% of all jobs are found through networking? That's a very high statistic and one you should be taking advantage of. While you will most likely be feeling shame and embarrassment about losing your job, remember that it happens to the best of us. That's life. It doesn't necessarily show what type of employee you are or will be.

Start reaching out to colleagues, social media, friends, and family members to let them know that you're actively looking for work. Spreading the word will get people talking and get your job search on its way effortlessly.

5. Explore New Opportunities

Before you start slamming the online job boards, have your priorities lined up. Think about if you were happy in your previous role, reach out to new organizations that interest you, consider going back to school, change industries, and ultimately create a new goal of what you see success looking like for you from here on out.

No matter what this looks like for you, a fresh start can be a great awakening to a new career or lifestyle. If you weren't happy previously or felt stuck, consider taking a new path in life.

6. Open Your Own Business

Starting your own business could be the difference between being complacent and being incredibly happy. Imagine waking up and being the boss of your own company every single day? Many people only dream of this type of life, but you can make it a reality. Consider your interests, skills, etc. and research what it would take. Maybe this means opening a quaint coffee shop, starting a daycare, cleaning business, or even event planning. 

While starting a business can be scary, you may not have to do it alone. A great idea for business owners is to invest in a franchise. Franchises are established businesses that can help provide the framework for your new business, making the transition a little easier. And there are franchises in many industries: home care, food service, and more! 

7. Take Care of Yourself

The old saying "finding a job is a full-time job" is very true, but try not to become obsessed with it day after day. It's unhealthy and often unproductive. Make sure you're eating healthy, exercising, getting off your computer, and getting sufficient sleep each night. Don't beat yourself up for taking a day off of looking for a job. Be kind to yourself. Engage in positive self-talk. Use your freedom wisely It's crucial to take care of yourself so that your spirits and energy stay high. 

8. Prepare for Interviews

Once your resume is perfected, your mind is sharp, and you've applied to potential jobs, it's time to land some interviews. Make sure your wardrobe is up to par and your confidence is skyrocketing before you step foot out of your house. If you're not prepared for an interview, it will show. Remind yourself that you are enough, and let your confidence score you a brand new job. Even if you don't get a job right away, interviews are great practice and only adds to your life experience.

Remember, no matter your path, most job seekers find a new job within six weeks of beginning a job search. While it may take time, you will find a new job!

Tags: Personal Growth