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Employees face redundancy, must adapt to survive

What candidates and employees need to do over the next 12 months:

  • Don’t assume your job is going to be safe; plan for alternative contingencies
  • If required, make concessions such as forgoing perks and benefits and consider taking a salary cut if it means you’ll keep your job
  • Research which industries and companies are hiring
  • Demonstrate to your current/prospective employer that you have skills relevant to the current market that will help the company survive and thrive; tell them how you can make a difference and meet objectives and goals in the current market
  • Use your network to speak with people connected with a particular organisation to gain as much insight as possible
  • Seek advice on which skills you need to highlight and/or update and undertake appropriate development courses – invest in your future
  • If looking for a new role then you may have to compromise in terms of position and salary
  • Consider taking a smaller bonus and a higher risk component in the salary package
  • Be prepared to take on flexible work options such as contract work, shorter working hours or weeks, or job sharing
  • Identify your key strengths and align these to the needs of the business and/or role
  • Ensure from the first time you make contact with a prospective employer you clearly demonstrate your capacity to change the area of business you are going into and can positively influence the company’s return on investment in an immediate fashion
  • Prepare a list of likely interview questions and work on the answers, ensuring you have responses that resonate with the company, which reflect the current business objectives the organisation is trying to achieve
  • Rehearse your interview with your recruitment or outplacement specialist to obtain constructive feedback and fine tune your approach
  • See this environment as an opportunity to do something you’ve always wanted to do – what do you have to lose?


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