Chair throwing, keying someone’s car, blowing something up. If you’re laid off, these and many other emotions may run through your head in the first few days. And as satisfying as these may be, it’s always more practical to process through your feelings and get your priorities identified and covered. This can give you peace of mind and a place to start the journey into your next opportunity. Let’s look into some of the top things you can do to start cutting through the cloud of thoughts swirling through your head and begin taking your first steps.
- Unemployment Benefits – Finances should be a hot priority. Severance pay or not, if you were separated for a qualifying reason (no misconduct, you didn’t quit, etc.) file immediately for your unemployment benefits.
- Budget – Make a temporary budget based off your new income, factoring in income from any investments, rental properties, or side business in addition to your unemployment pay.
- Insurance – There’s no “off-the-hook since you’re in transition” with an emergency room visit or expensive diagnosis. So I never recommend just winging it without insurance until your next job. You can try to get on your spouse’s policy, choose a policy on your own (a local broker like Dudley Carter 615-415-4328 or perusing a site like Health Insure can help you with this at no extra cost), or if you’re not married, check healthcare.gov for many options (with the government paying part of your monthly premium in most cases based on your estimated income for the next 12 months). Another option is companies like Cowan Benefits that you can find through the COBRA coverage from your current employer. They can help you find a similar plan usually at a lower cost.
- Mental Health – Right out of the gate, you probably feel shocked, unappreciated, angry, etc. It’s a good idea to talk to someone besides your spouse, partner, or best friend about these emotions and work through them in order to “get the chip off your shoulder.” Ask for time with your pastor or a Stephen Minister (Google “Stephen Ministers” + your city to find churches who can get you in touch with one.), and feel free to meet as regularly as you need. Further, you can Google for job search support groups in your area.
- Physical Health – Staying fit is not only good for your body but your mind, mood, and attitude as well. Take this opportunity to start exercising regularly (even if it’s just walking for 30 minutes daily). And keep up the good work if you already have a fitness routine.
- Career Coach – Establish a relationship with a Career Coach at your local Department of Labor or a recommended life coach. This person can give you valuable advice on your Action Plan, Résumé’, and current insight into all things job search as you begin to have questions.
- Elevator Speech – Very soon at a party, family function, mixer, etc., you’ll have to answer the question, “What do you do?” Craft this 30 second schpiel that will cover your background, key things at which you’re successful, and a few top job titles to represent what you’re seeking and help people begin to keep you in mind as they hear of job openings.
Also, check out these 2 helpful videos:
3 Important Things to do to Get Your Unemployment Benefits Started After a Layoff
Job Loss & Staying Obamacare Compliant