Unfortunately, many organisations are making people redundant or maybe doing so soon.
Do you think your organisation is likely to be one of them?
If so, now is the time to put a plan in place.
What signs should you look for?
Less work
There is less work to go around.
New Management / Leadership or Change Leadership
A new management and leadership team will want to make changes. They will want to inspire and guide the organization through a period of adaptation and change often involving a new vision, values, and strategies. You need to assess how you will fit in with this new management.
Re-organisation
This can involve combining roles, changing job responsibilities or removing positions to improve efficiency, reduce costs or adapting to changing market conditions.
Hiring Freeze or Reduced Hiring Plans
This is when an organisation stops hiring new employees. It is usually a temporary hold on recruitment. It can include freezing any new positions and not replacing any employees leaving the organisation.
A hiring freeze can be a full freeze, (no hiring at all) a partial freeze (usually no new positions but business essential roles will be filled) or department specific.
How long a hiring freeze lasts will depend on the reasons behind it.
Earnings Reports
These offer a snapshot of the company‘s current financial health.
Debt and Cash Flow Issues
Cash flow problems occur when a business does not have enough cash to cover its liabilities. With cash outflows, businesses may struggle to pay debts and other expenses.
More frequent meetings/ communications from the leadership team.
Do any of these signs apply to you in your organisation?
If so, your job could be in danger.
What should you do now?
Would you like help for your next career move?
Then why not contact me, Alistair Stirling, an experienced, impartial, registered and qualified freelance careers adviser with a long history of working with many clients who want help with their careers. Alternatively you can book a Free 20 minute Discovery Call.
Your employees may need some help and support to understand the contemporary job market.
All the research suggests that people who are helped and supported are more likely to make a successful transition to their next destination. Bringing in outside help frees up Human Resources time and energy and shows the organisation is trying to help staff. It can also be a motivating factor for those ‘surviving’ a change management programme. For employees being involved in a restructure or being made redundant can be a very stressful period. Being able to talk to an independent and impartial careers professional helps to allay some of their fears and also allows employees to understand how the contemporary job market works. It also enables them to plan their future career direction.
Stirling Careers Consultancy
Stirling Careers Consultancy has worked with organisations which have had to restructure and to help staff reapply for their jobs in the new structure. Most staff had been at the organisation for number of years and they were unsure of the contemporary job market.
During the restructure staff had to reapply for their jobs and Stirling Careers Consultancy helped them with their applications for their new roles. Stirling Careers Consultancy helped them with their Curriculum Vitaes (CV) and interview techniques.
Sometimes it can be harder going for an internal vacancy than an external vacancy. Never assume the organisation / interview panel fully understand your current role. Also, they may not know what your full range of abilities and skills are so you need to sell yourself to the panel in the most effective way.
Top Tips on Curriculum Vitaes (CV) and Covering Letter / Email
Get the basics right (i.e., no spelling mistakes, grammar and punctuation mistakes)
Stick to two pages of no more than A4 size
Ensure the CV relates to role the you are applying for
Include a covering letter / Email addresses essential criteria highlighting skills and job roles relevant to the post you are applying for
Presentation Size 12 Font
Make sure your skills, achievement stand out and our relevant to the role you are applying for
Top Tips on Interview Techniques
Accept invitation for interview and understand interview format and process
Re: Read through your notes, covering letter and CV or application form
Research as much as possible about the reorganisation and more importantly think about how you fit into it and what you can contribute to the new structure
Research and anticipate possible questions and practice with a careers professional, family member or friend
A simple technique for answering questions is:
Stirling Careers Consultancy will work with the organisation to put together a tailored programme of support for your employees.
