People often associate a redundancy as an end to their future job prospects; however, it’s vital to understand that a redundancy can be a positive turning point that can lead to a career change with exciting new opportunities.
What does a redundancy mean? Well, according to the Fair Work Ombudsman:
A redundancy occurs when an employer either decides they no longer need an employee’s job to be done by anyone, or the employer becomes insolvent or bankrupt, and terminates their employment.
In Australia, up to 2.3% of people are made redundant each year due to corporate downsizing or closure; however, of this number, up to 70% of people find a new job and career change within one year and 80% within two years.
Redundancy proof jobs can include career options in Information Technology (IT) due to the rapid advancement in technology in the workforce. This area provides a creative and interesting career change where employment in the future is set to thrive with the demand for more workers. You could work in a variety of areas – from banking, and computing, through to e-commerce, manufacturing, telecommunications and travel; all of which offer exciting opportunities and promising outlooks into the future of Australian jobs.
Of the Australian Workforce Are
Made Redundant Every Year
Of Those Made Redundant Find a New Job Or Career Change in the Next 2 Years
According to the
CEDA, Australia’s Future Workforce Report June 2015
of Australian Jobs are likely to be replaced by computers in 10-15 years
Learn the IT Skills In Demand
IT skills are crucial in virtually every role, both now and into the future. If you want to safeguard your next job, or prevent another redundancy, IT skills could be your best investment. If so, consider a diploma, because these nationally-recognised programs look at everything from IT design and administration to system troubleshooting; preparing you for a diversity of potential future positions. IT courses are easy to find and some of the most popular and sought after IT qualifications that can prepare you with a career change include:
Rise in IT Jobs By 2020
Rise in Software Development Jobs By 2020
Understanding Your Redundancy Entitlements
What are you entitled to if you’re made redundant? Well, as provided by The Sector Employment Assistance Scheme (SEAS), the following entitlements are given to you, the employee, on termination, which includes:
How to Cope With Redundancy
There are a number of mindful tips to help cope with a redundancy which includes:
Assess Where Your Skills Lie
Many people already have qualifications that can help them gain access into new fields of work. Knowing and understanding what your skills are can help you find new employment and allow you to access a wide range of alternatives to battle your redundancy.
Research Qualifications For a Career Change
Have you already found an area you’re interested in? If so, it’s important to do your research on what new skills you may need if you don’t already have them. Upskilling is one of the best ways to secure yourself a job and finding diploma courses can allow you to gain great understanding into your new area of interest; and with this understanding could lead you further into new employment and career development.
Work in an Area You Enjoy
This is where a redundancy can be beneficial. According to a recent survey of 4800 Australians, less than half are happy with their job. If you’re one of the majority of Australians who currently struggle finding enjoyment in their area of work, prior to your redundancy; then this is where being made redundant can form a positive future and career change. Finding an area you enjoy, such as teaching, can allow you to gain a positive mindset and a new beginning with the opportunity to grow your knowledge and skills; allowing you to be ready for new employment and you may even find your dream job.
Update Your Professional Assets
One of the most important aspects of helping with your job search and career transition includes working on certain assets that will make you stand out to any future employers. This includes expanding on your online presence, as social media is a growing part of the future, and joining websites such as linkedin will help you become more noticeable. Resume writing and cover letters will help demonstrate your experience and skills to any employers. Volunteer work is an excellent example of how you can stand out amongst other people seeking employment and will show and prove what assets and skills you have to offer which can be helpful in a job interview.
Free Cover Letter Templates
Free Resume Template
If you’re struggling with your redundancy, then there are plenty of ways to overcome some of the stresses that you may encounter in the beginning such as finance and claiming unpaid entitlements. Your next step will be to assess how you can turn this obstacle into a career change, through pursuing an area you’re passionate about.
And so, redundancy doesn’t always have to be a bad thing; it can be a great opportunity to demonstrate your skill set and allow you to gain new qualifications which may lead to you finding passion and enjoyment in an area you may not have known you liked. Find new courses and career paths today and benefit your future.
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