Understandably, redundancy can often feel overwhelming, especially when it happens suddenly. But understanding what it really means, the reasons behind it and what your rights are is a step forward in helping you regain a sense of control.
In this blog, you can explore some of the answers to key questions surrounding redundancy that will allow you to move forward with clarity and confidence.
What Is Redundancy?
Redundancy occurs when a job position is no longer required within a company or organisation. Often as a consequence of this, employees are laid off.
Is Redundancy My Fault?
It is important to understand that redundancy is NOT the same as being fired. It has absolutely nothing to do with your behaviour or how well you performed in your role.
Please do not blame yourself as it is most certainly not your fault.
Why Was I Made Redundant?
There are a number of reasons for which you can be made redundant. These reasons are often to do with circumstances within the company or organisation you are working for.
Some common reasons include:
- Company restructuring or downsizing
- Mergers or acquisitions (where roles may overlap)
- Automation or new technology replacing tasks
- Business closure or relocation
- Cost-cutting measures
From this list you can see that these are business-driven decisions, not personal judgements. None of these reasons are your fault or within your control.
What Are My Redundancy Rights?
After being made redundant, it is crucial to understand what your rights are and what your employer is legally required to provide you. This will allow you to better understand where you stand and how you can begin to move forward.
Things that are required of your employer may include:
- Advance notice of redundancy
- Compensation, referred to as ‘redundancy pay’ (if eligible)
- Support and guidance during the process
- To consult with you or your representatives
- Alternative roles, if they are available
Tip: Always check your contract and government guidelines to confirm your eligibility and the specific terms that apply to your situation.
How Do I Cope with Being Made Redundant?
It is understandable if you are struggling to cope after being made redundant, it is a significant life change and can be a difficult experience. It can be difficult to navigate how to move forward.
Our blog, “I’m Redundant, What Do I Do Now? 5 Tips To Find Your Way Forward” can offer you practical steps on how to begin to navigate this challenge. In it, you’ll learn how to:
- Get the emotional support you require
- Understand your redundancy rights
- Update your CV
- Explore new career opportunities
- Build a network for future success
A Redirection, Not A Rejection
While redundancy can be a difficult experience and can often feel like a door closing, it is important to remember that it is possible to navigate a way forward. It may also be the beginning of a new career path and a change you realise you need. Many people find that redundancy leads them to new opportunities they may not have considered otherwise.
Remember:
You are not at fault, you are not alone, there is a way forward, and you can be hopeful about what’s next.
