Dismissed, downsized, dumped? There’s no easy way to hear you’re suddenly out of work. To soften the blow, we’ve pulled together six steps you can take right away to put more money in your pocket, and give yourself a better chance at finding a new job.
Don’t sign anything
At least not until you’ve taken your severance package home to read it properly. Check whether your ex-employer is offering salary continuance or a lump sum payment, and whether you’re still entitled to extended benefits or any kind of employment support. Although there’s no official deadline to complete this process, a week is typical. That’s usually enough time to get legal advice if you feel that’s necessary.
Keep it together
You’re probably feeling shocked or worried about the sudden change in your financial status. Who wouldn’t be? Yet the moment you hear the words, “Effective immediately,” you need to zip it and start listening. Not only will you be more likely to take in vital information, starting a shouting match does nothing but damage your professional reputation. Definitely a no-no heading into a job search.
Protection if you need it. A refund if you don’t.
Critical Illness Insurance – Not Just for Adults
Most of us have experienced or known someone whose family has been greatly impacted by a parent being diagnosed with a life-threatening disease or condition. But what about when it happens to children? Sadly, all too often children are affected by childhood diseases such as:
- Type 1 diabetes mellitus
- Congenital heart disease
- Cerebral palsy
- Cystic fibrosis
- Muscular dystrophy